$400,000
SOLD SEP 18, 2024

501 NE 31st St Unit 205 Miami, FL 33137

Edgewater Neighborhood
1 Bed
1.5 Baths
618 Sq Ft
$810/mo HOA Fee

Recently Sold

$647 Per Sq Ft

20% Below List Price

169 Days on Market

Highlights

  • Doorman
  • Garden View
  • Community Pool
  • Fitness Center
  • Sauna
  • 2-minute walk to Paraiso Park

About This Home

As of September 2024

Absolutely stunning and brand new one-bedroom + den apartment in the gorgeous new building of Paraiso Bayviews. Unlike the other units in this building, this one does not have carpets, but rather beautiful white tile flooring throughout. The apartment has exceptionally high ceilings (11 feet), which makes it very bright and spacious. Closets are big and fully built-out. Lighting fixtures have been brilliantly placed in every room. The building offers the highest level of amenities and 2 pools, one of which is a phenomenal roof-top pool with the most spectacular views of Miami.

Last Agent to Sell the Property

Diego Guillen

DGS Real Estate, LLC License #3313480 Listed on: 03/12/2024

Co-Listed By

Andreina Espana

DGS Real Estate, LLC License #3450688

Last Buyer's Agent

Victoria Shuster

One Sotheby's International Realty License #3288631

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,931

Year Built

  • Built in 2018

HOA Fees

  • $810 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 618 Sq Ft Home
  • Ceramic Tile Flooring
  • Garden Views

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-1490

Community Details

Overview

  • High-Rise Condominium
  • Paraiso Bayviews Condos
  • Paraiso Bayviews Condo Subdivision
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 44-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Billiard Room
  • Bike Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,931

Year Built

Built in 2018

Lot Details

0

HOA Fees

$810 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: DGSR01
  • Co List Office Phone: 646-371-4088
  • Entry Level: 2
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 618
  • Other Equipment: Elevator
  • Possible Use: Investment
  • Stories: 44
  • Bedroom Features: Entry Level, Primary Bath Shower
  • Master Bathroom Features: Shower Only

Exterior Features

  • View: Garden View, Other View
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: PARAISO BAYVIEWS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 810
  • Amenities: Barbecue, Bike Storage, Billiard Room, Child Play Area, Elevator(s), Exercise Room, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-096-1490
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: No, Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5931

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Sep 13, 2024
Sold by
Arkin Aviv Evan and Guillen Diego
Bought by
Hajduk Natalia and Singh Utsav
Seller's Agent
Diego Guillen
DGS Real Estate, LLC
Buyer's Agent
Victoria Shuster
One Sotheby's International Realty
List Price
$499,000
Sold Price
$400,000
Premium/Discount to List
-$99,000
-19.84%
Views
29

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.27%

Purchase Details

Closed on
May 13, 2019
Sold by
Prh Paraiso Four Llc
Bought by
Arkin Aviv Evan and Guillen Diego

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,520
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $400,000 Builders Title
Special Warranty Deed $266,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $213,520 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2025 06/20/25 For Rent $3,300 0.0% --
09/18/2024 09/18/24 Sold $400,000 +13693.1% $647 / Sq Ft
08/29/2024 08/29/24 Pending -- -- --
08/12/2024 08/12/24 Rented $2,900 0.0% --
07/23/2024 07/23/24 Under Contract -- -- --
06/21/2024 06/21/24 Price Changed $2,900 -3.3% $5 / Sq Ft
06/17/2024 06/17/24 For Rent $3,000 0.0% --
05/08/2024 05/08/24 Price Changed $450,000 -9.8% $728 / Sq Ft
03/13/2024 03/13/24 For Sale $499,000 0.0% $807 / Sq Ft
08/10/2020 08/10/20 Rented $2,000 -2.4% --
07/29/2020 07/29/20 Under Contract -- -- --
06/24/2020 06/24/20 For Rent $2,050 +5.1% --
08/23/2019 08/23/19 Rented $1,950 0.0% --
07/25/2019 07/25/19 Under Contract -- -- --
07/10/2019 07/10/19 For Rent $1,950 -- --
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 $6,738 $360,310 -- --
2024 $6,179 $307,044 -- --
2023 $6,179 $279,131 $0 $0
2022 $5,307 $253,756 $0 $0
2021 $4,901 $230,688 $0 $0
2020 $5,459 $256,320 $0 $0
2019 $6,148 $288,000 $0 $0
2018 $254 $13,341 $0 $0
2017 $244 $10,509 $0 $0
2016 $238 $9,554 $0 $0
2015 $193 $8,686 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11549773

MIAMI REALTORS® MLS

APN: 01-3230-096-1490