NOT LISTED FOR SALE

Paraiso Bayviews 501 NE 31st St Unit 1004 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $452,418 - $560,000

1 Bed
1.5 Baths
610 Sq Ft
$613/mo HOA Fee

Last Sold December 30, 2022

Last sale price $485,000 $795 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,944/month

19 Days on Market

Highlights

  • Boat Ramp
  • Private Beach Pavilion
  • Clubhouse
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • 3-minute walk to Paraiso Park

About This Home

As of December 2022

Inspired and designed by renowned Karim Rashid, Paraiso Bayviews offers the best amenities featuring a gorgeous rooftop pool with stunning panoramic views of the bay and city, grilling and dining area, hot tub, heated pool on amenities level, tennis courts, fitness center and spa, theater, game and children's room and clubhouse. Unit features gorgeous bay views, 1bed/1.5 baths, Porcelain floors throughout, Italian cabinets in kitchen and bathroom, quartz counters, Bosch appliances, washer/dryer, floor to ceiling windows, large balcony was access from living & bedroom. New backsplash and paint throughout. Centrally located within minutes to Design District, Midtown, Wynwood, Brickell and Adrienne Arsht Center. 2 dogs allowed no weight restrictions. Building allows 30 day min rentals.

Last Agent to Sell the Property

Kimberly Rodstein

Douglas Elliman License #0661142 Listed on: 12/05/2022

Douglas Elliman

Co-Listed By

Lauren Machin

Douglas Elliman License #3474902

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,821

Year Built

  • Built in 2018 | Under Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $613 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Entry on the 10th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 610 Sq Ft Home
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Bay Views
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Balcony
  • East of U.S. Route 1
  • Central Heating and Cooling System

Community Details

Overview

  • High-Rise Condominium
  • Paraiso Bayviews Condos
  • Paraiso Bayviews Subdivision
  • 46-Story Property

Amenities

  • Sauna
  • Clubhouse
  • Community Kitchen
  • Business Center
  • Community Center
  • Party Room
  • Lobby
  • Secure Lobby

Recreation

  • Boat Ramp
  • Boat Dock
  • Private Beach Pavilion
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,821

Year Built

Built in 2018 | Under Construction

Lot Details

0

HOA Fees

$613 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: KWMB01
  • Co List Office Phone: 305-695-1112
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Paraiso Bayviews
  • Year Built Details: Under Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, First Floor Entry, Fire Sprinklers
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 610
  • Possible Use: Investment
  • Stories: 46
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen

Exterior Features

  • View: Bay
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Under Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARAISO BAYVIEWS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Guard At Site, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 613
  • Amenities: Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Heated Pool, Kitchen Facilities, Child Play Area, Private Beach Pavilion, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 4821

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 5, 2022
Closed on
Dec 30, 2022
Sold by
Gm Management Inc
Bought by
Cervus Llc
Seller's Agent
Kimberly Rodstein
Douglas Elliman
List Price
$485,000
Sold Price
$485,000
Views
9
Current Estimated Value
$503,855

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,855
Avg. Annual Appreciation
1.38%

Purchase Details

Closed on
Aug 29, 2018
Sold by
Prh Paraiso Four Llc
Bought by
Gm Management Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,000
Interest Rate
7.77%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Cervus Llc $485,000 Chicago Title
Gm Management Inc $415,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gm Management Inc $227,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2022 12/30/22 Sold $485,000 0.0% $795 / Sq Ft
12/24/2022 12/24/22 Pending -- -- --
12/05/2022 12/05/22 For Sale $485,000 -- $795 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,920 $359,759 -- --
2024 $7,388 $395,340 -- --
2023 $7,388 $359,400 $0 $0
2022 $5,439 $260,035 $0 $0
2021 $5,023 $236,396 $0 $0
2020 $5,594 $262,662 $0 $0
2019 $6,300 $295,126 $0 $0
2018 $250 $13,145 $0 $0
2017 $240 $10,354 $0 $0
2016 $234 $9,413 $0 $0
2015 $190 $8,558 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kimberly Rodstein

    Seller's Agent in 2022

    Kimberly Rodstein

    Douglas Elliman

    (305) 776-8646

    5 in this area

    86 Total Sales

    Kimberly Rodstein
    Section Image

  • L

    Seller Co-Listing Agent in 2022

    Lauren Machin

    Douglas Elliman

    Section Image
See All Agents

About Paraiso Bayviews

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11311161

MIAMI REALTORS® MLS

APN: 01-3230-096-1190

Florida Miami/Dade County Miami 33137 Edgewater

501 NE 31st St Unit 1004, Miami, FL

This home is located at 501 NE 31st St Unit 1004, Miami, FL 33137 since 05 December 2022 and is currently estimated at $503,855, approximately $825 per square foot. This property was built in 2018. 501 NE 31st St Unit 1004 is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes