NOT LISTED FOR SALE

501 NE 31st St Unit 2402 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $426,000 - $500,000

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. 1% increase in value since last sale

Current estimated payment $4,032 / mo

69 Days on Market

Highlights

  • Valet Parking
  • Main Floor Bedroom
  • Sauna
  • Ocean View
  • Outdoor Living Area
  • 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

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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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,508

Year Built

  • Built in 2018

Lot Details

  • East Facing Home

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 Exterior Construction

Interior Spaces

  • 622 Sq Ft Home
  • High Ceiling
  • Blinds
  • Ceramic Tile Flooring
  • Home Security System

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Living Area

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 0132300960580

Community Details

Overview

  • Association fees include common areas, cable TV, internet
  • Paraiso Bayviews Condo Subdivision
  • 48-Story Property

Amenities

  • Valet Parking
  • Sauna

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access
  • Phone Entry
  • Secure Elevator
  • 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

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2018
  • Entry Level: 24
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bedroom on Main Level, High Ceilings
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 622.0
  • Stories: 48
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • View: Bay, Ocean
  • View: Yes
  • Waterfront: No
  • Construction Type: Brick
  • Direction Faces: East
  • Patio And Porch Features: Open, Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Open Parking Spaces: 1.0
  • Garage Spaces: 1.0
  • Garage Yn: Yes
  • Parking Features: Valet

Utilities

  • Security: Security System, Closed Circuit Camera(s), Elevator Secured, Secured Garage/Parking, Key Card Entry, Phone Entry, Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes

Condo/Co-op/Association

  • Association Fee: 868.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Other, Playground, Sauna, Spa/Hot Tub, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Internet

Lot Info

  • Parcel #: 0132300960580
  • Mobile Dim Units: Feet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7508.0

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
Acopa Corp
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%
Current Estimated Value
$454,074

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,074
Avg. Annual Appreciation
1.04%
Original Mortgage
$250,000
Outstanding Balance
$248,329
Interest Rate
6.3%
Mortgage Type
New Conventional
Estimated Equity
$205,745

Purchase Details

Listed on
Aug 17, 2018
Closed on
Aug 14, 2018
Sold by
Prh Paraiso Four Llc
Bought by
Acopa Corp
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
4.6%
Mortgage Type
Balloon
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Edgewater, FL

  • Valeria Rodriguez Real Estate Agent - SIR Realty LLC

    Valeria Rodriguez

    SIR Realty LLC

    (786) 422-5594

    36 Total Sales

    2 in Edgewater

    $650,000 Price Range

    Valeria Rodriguez
     Section Image
  • Rosa Poler Real Estate Agent - Optimar International Realty

    Rosa Poler

    Optimar International Realty

    (754) 714-5864

    52 Total Sales

    1 in Edgewater

    $520,000 Price

    Rosa Poler
     Section Image
  • Marcelo De Araujo Real Estate Agent - Reall Realty LLC

    Marcelo De Araujo

    Reall Realty LLC

    (561) 559-8944

    31 Total Sales

    1 in Edgewater

    $1,500,000 Price

    Marcelo De Araujo
     Section Image
  • Sabrina Grimm-Pareja Real Estate Agent - Weichert Realtors, NexGen

    Sabrina Grimm-Pareja

    Weichert Realtors, NexGen

    (786) 983-8150

    17 Total Sales

    1 in Edgewater

    $830,000 Price

    Sabrina Grimm-Pareja
     Section Image
  • Ernesto Bascuas Real Estate Agent - Compass Florida, LLC

    Ernesto Bascuas

    Compass Florida, LLC

    (786) 590-0267

    81 Total Sales

    1 in Edgewater

    $1,295,000 Price

    Ernesto Bascuas
     Section Image
  • Grace Appleton Real Estate Agent - Coldwell Banker Realty

    Grace Appleton

    Coldwell Banker Realty

    (561) 926-9762

    24 Total Sales

    1 in Edgewater

    $1,270,000 Price

    Grace Appleton
     Section Image
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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
Acopa Corp $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 Acopa Corp $230,000
Previous Owner Acopa Corp $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 -8.2% $723 / Sq Ft
09/22/2025 09/22/25 Pending -- -- --
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 +37.5% --
05/15/2021 05/15/21 Rented $2,400 +9.6% --
04/21/2021 04/21/21 Under Contract -- -- --
04/21/2021 04/21/21 For Rent $2,190 +9.5% --
09/20/2020 09/20/20 Rented $2,000 0.0% --
08/24/2020 08/24/20 Under Contract -- -- --
08/14/2020 08/14/20 For Rent $2,000 -4.8% --
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: BeachesMLS (Greater Fort Lauderdale)

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 $7,747 $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

  • YZ

    Seller's Agent in 2025

    Yamile Zayed

    Miami Realty Network USA, LLC.

    (305) 331-5742

    4 in this area

    37 Total Sales

    Yamile Zayed
    Section Image

  • FS

    Buyer's Agent in 2025

    Fatma Serhan

    Cays LLC

    (305) 903-6581

    2 in this area

    14 Total Sales

    Fatma Serhan
    Section Image

  • CT

    Buyer's Agent in 2022

    Carole Heloise Tapia

    Compass Florida, LLC

    (786) 253-8940

    2 Total Sales

    Carole Heloise Tapia
    Section Image

  • LP

    Seller's Agent in 2021

    Luis Perez

    Miami Realty Network USA, LLC.

    (305) 331-5742

    1 in this area

    9 Total Sales

    Luis Perez
    Section Image

  • LD

    Buyer's Agent in 2021

    Larissa de Paula Souza

    Cervera Real Estate Inc.

    (954) 793-7772

    2 in this area

    10 Total Sales

    Larissa de Paula Souza
    Section Image
  • Lizbeth Beauchamp Real Estate Agent - The Keyes Company

    Buyer's Agent in 2020

    Lizbeth Beauchamp

    The Keyes Company

    (786) 493-6197

    11 Total Sales

    Lizbeth Beauchamp
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: A11841704

BeachesMLS (Greater Fort Lauderdale)

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.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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