NOT LISTED FOR SALE

501 NE 31st St Unit 2402 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $423,000 - $443,228

1 Bed
1 Bath
622 Sq Ft
2018 Built

Sale Details

Date Sold: October 31, 2025

Last sale price $450,000 $723 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,870 / mo

71 Days on Market

Highlights

  • Valet Parking
  • Intercom to Front Desk
  • Sauna
  • Ocean View
  • Vaulted Ceiling
  • 2-minute walk to Paraiso Park

About This Home

As of October 2025

Luxury 1 B/ 1.5 B with bay and city views. Assigned covered parking space, walk-in closet, cable and internet included. Washer and dryer in unit. Full-service building with rooftop pool at 46th floors with BBQ area. Sunset pool at 5th floor, spa and sauna, state of the art gym, kid's playroom, business center, Billiard's room and Theater. Tennis and Paddle court. Security 24hs. Valet parking. Amara restaurant crossing the street.

Last Agent to Sell the Property

Yamile Zayed

Miami Realty Network USA, LLC. License #3277072 Listed on: 07/15/2025

Last Buyer's Agent

Fatma Serhan

Cays LLC License #3509969

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 2018

HOA Fees

  • $868 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 24th floor
  • Brick Front

Interior Spaces

  • 622 Sq Ft Home
  • Vaulted Ceiling
  • Blinds
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony
  • East Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-0580

Community Details

Overview

  • Paraiso Bayviews Condos
  • Paraiso Bayviews Condo Subdivision
  • 48-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Intercom to Front Desk
  • Lobby
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,508

Year Built

Built in 2018

Lot Details

0 Sq Ft Lot

HOA Fees

$868 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Entry Level: 24
  • 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: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 450000
  • InternetRemarks: Luxury 1 B/ 1.5 B with gorgeous bay and city views. Assigned covered parking space, walk-in closet, cable/internet included. Washer / dryer in unit.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Volume Ceilings
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 622
  • Possible Use: Primary
  • Stories: 48
  • Window Features: Blinds
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: Brick
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • 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, Valet

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Card Entry, Secured Garage/Parking, Intercom In Lobby, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 868
  • Amenities: Child Play Area, Elevator(s), Other, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-096-0580

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7508

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2025
Closed on
Oct 31, 2025
Sold by
Bought by
Seller's Agent
Yamile Zayed
Miami Realty Network USA, LLC.
Buyer's Agent
Fatma Serhan
Cays LLC
List Price
$490,000
Sold Price
$450,000
Premium/Discount to List
-$40,000
-8.16%
Views
41
Current Estimated Value
$436,057

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$13,943
Avg. Annual Appreciation
-4.11%
Original Mortgage
$250,000
Interest Rate
0.063%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 17, 2018
Closed on
Aug 14, 2018
Sold by
Bought by
Seller's Agent
Luis Perez
Miami Realty Network USA, LLC.
Buyer's Agent
Brittany Wiggins
Luxe Living Realty
Sold Price
$2,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,545
Interest Rate
0.046%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$450,000 Olympia Title
$451,900 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $250,000
Previous Owner $230,000
Previous Owner $248,545
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
10/31/2025 10/31/25 Sold $450,000 -7.2% $723 / Sq Ft
09/24/2025 09/24/25 Pending -- -- --
08/06/2025 08/06/25 Price Changed $485,000 -1.0% $780 / Sq Ft
07/15/2025 07/15/25 For Sale $490,000 0.0% $788 / Sq Ft
07/15/2022 07/15/22 Rented $3,100 -6.1% --
06/25/2022 06/25/22 Under Contract -- -- --
05/24/2022 05/24/22 For Rent $3,300 +57.1% --
09/21/2018 09/21/18 Rented $2,100 0.0% --
09/10/2018 09/10/18 Under Contract -- -- --
09/05/2018 09/05/18 Price Changed $2,100 -6.7% --
08/29/2018 08/29/18 Price Changed $2,250 -4.3% --
08/15/2018 08/15/18 For Rent $2,350 -- --
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $7,509 $375,769
2024 $6,874 $341,609
2023 $6,874 $310,554 $0 $0
2022 $5,905 $282,322 $0 $0
2021 $5,453 $256,657 $0 $0
2020 $6,074 $285,174 $0 $0
2019 $6,840 $320,420 $0 $0
2018 $252 $13,254 $0 $0
2017 $242 $10,440 $0 $0
2016 $236 $9,491 $0 $0
2015 $192 $8,629 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2025

    Yamile Zayed

    Miami Realty Network USA, LLC.

    (305) 331-5742

    4 in this area

    27 Total Sales

    Yamile Zayed
    Section Image

  • F

    Buyer's Agent in 2025

    Fatma Serhan

    Cays LLC

    (305) 903-6581

    2 in this area

    13 Total Sales

    Fatma Serhan
    Section Image

  • C

    Buyer's Agent in 2022

    Carole Heloise Tapia

    Compass Florida, LLC

    (786) 253-8940

    2 Total Sales

    Carole Heloise Tapia
    Section Image

  • L

    Seller's Agent in 2018

    Luis Perez

    Miami Realty Network USA, LLC.

    (305) 331-5742

    1 in this area

    8 Total Sales

    Luis Perez
    Section Image

  • B

    Buyer's Agent in 2018

    Brittany Wiggins

    Luxe Living Realty

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11841704

MIAMI REALTORS® MLS

APN: 01-3230-096-0580

Florida Miami/Dade County Miami 33137 Edgewater

501 NE 31st St Unit 2402, Miami, FL

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.

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