NOT LISTED FOR SALE

501 NE 31st St Unit 2601 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $742,000 - $842,000

3 Beds
2 Baths
1,110 Sq Ft
$982/mo HOA Fee

Last Sold October 26, 2022

Last sale price $675,000 $608 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $6,675/month

139 Days on Market

Highlights

  • Private Dock
  • Fitness Center
  • Clubhouse
  • Property Fronts a Bay or Harbor
  • Newly Remodeled
  • 2-minute walk to Paraiso Park

About This Home

As of October 2022

Reside in this stunning 3 bedroom corner which offers the largest floor-plan and best line in the building. Corner unit with wraparound balcony offers breathtaking views of the Miami bay, city and the ocean. Five star amenities include membership to the Beach Club, rooftop pool on the 46th floor with built in grills, his/her saunas, gym, tennis court, racket-ball court, lounge room with billiard tables, kids playroom, wine room, cigar lounge, and movie theater. Showings are on Mondays, Fridays and Saturdays with at least a 2 hour notice and after 6:00 pm on Tuesdays, Wednesdays and Thursdays.

Last Agent to Sell the Property

Elena Haddad

Interinvestments Realty, Inc. License #3066825 Listed on: 04/11/2022

Interinvestments Realty, Inc.

Last Buyer's Agent

Jared Robins

One Sotheby's International Re License #3531327

One Sotheby's International Re

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,683

Year Built

  • Built in 2018 | Newly Remodeled

HOA Fees

  • $982 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 1,110 Sq Ft Home
  • Bay Views

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Private Dock
  • Balcony
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-0230

Community Details

Overview

  • Club Membership Available
  • High-Rise Condominium
  • Paraiso Bayviews Condos
  • Paraiso Bayviews Condo Subdivision
  • 46-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Community Kitchen
  • Billiard Room
  • Secure Lobby
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

  • Maintenance Expense $819

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,683

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$982 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 26
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Private Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Elevator, Fire Sprinklers, Pantry, Split Bedroom, Walk-In Closet(s)
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Carpet, Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 1110
  • Possible Use: Unknown/Withheld
  • Stories: 46
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Patio And Porch Features: Open Balcony
  • Pool Private: Yes
  • Property Condition: New 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, Covered

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Elevator Secure, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 982
  • Amenities: Basketball Court, Billiard Room, Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Kitchen Facilities, Exterior Lighting, Other Membership Available, Child Play Area, Private Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-096-0230
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 819

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 10683

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2022
Closed on
Sep 30, 2022
Sold by
Fenocchio Horacio
Bought by
Gardner Gary and Gardner Simone
Seller's Agent
Elena Haddad
Interinvestments Realty, Inc.
Buyer's Agent
Jared Robins
One Sotheby's International Re
List Price
$795,000
Sold Price
$675,000
Premium/Discount to List
-$120,000
-15.09%
Views
5
Current Estimated Value
$838,313

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,313
Avg. Annual Appreciation
7.90%
Original Mortgage
$641,250
Outstanding Balance
$618,489
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$216,662

Purchase Details

Closed on
Jul 23, 2018
Sold by
Prh Paraiso Four Llc
Bought by
Fenocchio Horacio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Gardner Gary $675,000 --
Fenocchio Horacio $774,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gardner Gary $641,250
Previous Owner Fenocchio Horacio $390,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $675,000 -9.8% $608 / Sq Ft
08/29/2022 08/29/22 Pending -- -- --
07/21/2022 07/21/22 Price Changed $747,999 -0.1% $674 / Sq Ft
06/17/2022 06/17/22 Price Changed $748,999 +0.5% $675 / Sq Ft
06/17/2022 06/17/22 Price Changed $745,000 -0.7% $671 / Sq Ft
06/09/2022 06/09/22 Price Changed $749,900 -3.2% $676 / Sq Ft
05/11/2022 05/11/22 Price Changed $775,000 -2.5% $698 / Sq Ft
04/11/2022 04/11/22 For Sale $795,000 0.0% $716 / Sq Ft
02/01/2021 02/01/21 Rented $3,000 0.0% --
01/21/2021 01/21/21 Under Contract -- -- --
01/08/2021 01/08/21 Price Changed $3,000 -3.2% $3 / Sq Ft
12/03/2020 12/03/20 Price Changed $3,100 0.0% $3 / Sq Ft
12/03/2020 12/03/20 For Rent $3,100 +19.2% --
11/28/2020 11/28/20 Rented $2,600 -16.1% --
10/20/2020 10/20/20 For Rent $3,100 -- --
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 $13,248 $641,464 -- --
2024 $12,472 $661,303 -- --
2023 $12,472 $606,700 $0 $0
2022 $9,364 $441,384 $0 $0
2021 $8,525 $401,259 $0 $0
2020 $10,683 $501,574 $0 $0
2019 $12,030 $563,566 $0 $0
2018 $456 $23,939 $0 $0
2017 $437 $18,858 $0 $0
2016 $426 $17,144 $0 $0
2015 $347 $15,586 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2022

    Elena Haddad

    Interinvestments Realty, Inc.

    (305) 220-1101

    1 in this area

    3 Total Sales

    Section Image
  • Jared Robins

    Buyer's Agent in 2022

    Jared Robins

    One Sotheby's International Re

    (240) 832-5024

    1 in this area

    20 Total Sales

    Section Image

  • J

    Buyer's Agent in 2021

    Jessenia Fernandez

    Luxe Listings LLC

    (786) 691-0513

    5 Total Sales

    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11188091

MIAMI REALTORS® MLS

APN: 01-3230-096-0230

Florida Miami/Dade County Miami 33137 Edgewater

501 NE 31st St Unit 2601, Miami, FL

This home is located at 501 NE 31st St Unit 2601, Miami, FL 33137 since 11 April 2022 and is currently estimated at $780,660, approximately $703 per square foot. This property was built in 2018. 501 NE 31st St Unit 2601 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.

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