NOT LISTED FOR SALE

501 NE 31st St Unit 2803 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $494,000 - $576,000

1 Bed
1.5 Baths
662 Sq Ft
$768/mo HOA Fee

Last Sold December 18, 2023

Last sale price $494,000 $746 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,367/month

223 Days on Market

Highlights

  • Boat Dock
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Boat Lift
  • Fitness Center
  • 2-minute walk to Paraiso Park

About This Home

As of December 2023

Extraordinary in every way 1 bed/1.5 Bath + den at Paraiso Bayviews. The space is so adaptable, design your dream dining area or your home office. Spacious Master Bedroom and Luxe Baths, open kitchen, Ceramic & Carpet. The Building features a rooftop pool, 2nd pool area, Gym, a children's playroom, Valet, a concierge, and beach club access. Don't miss the best-priced unit high enough to enjoy the views.

Last Agent to Sell the Property

Adriana Companet

InvesTeam Realty License #0603078 Listed on: 03/13/2023

InvesTeam Realty

Last Buyer's Agent

Lorenzo Mion

Keller Williams Realty Miami Beach License #3552289

Keller Williams Realty Miami Beach

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,128

Year Built

  • Built in 2018

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $768 Monthly HOA Fees

Home Design

  • Entry on the 28th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 662 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Carpet
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Parking Space
  • Covered Parking
  • Assigned Parking

Outdoor Features

  • Boat Lift

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-0990

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Secure Lobby

Recreation

  • Boat Dock
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Bike Trail

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,128

Year Built

Built in 2018

Lot Details

0

HOA Fees

$768 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 28
  • Road Frontage Type: Bay
  • Garage Yn: No
  • Horses: No
  • Inclusions: Boatlift,Community Boat Dock
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Den/Library/Office
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Carpet
  • Furnished: Unfurnished
  • Living Area: 662
  • Possible Use: Primary
  • Stories: 53
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office

Exterior Features

  • View: Bay
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Card Entry, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 768
  • Amenities: Bike/Jog Path, Billiard Room, Business Center, Clubhouse-Clubroom, Exercise Room, Pool, Sauna, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-096-0990
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2023
Closed on
Dec 18, 2023
Sold by
Jem Sisters Properties Llc
Bought by
Faidiga Simona and Nunziata Alessandro
Seller's Agent
Adriana Companet
InvesTeam Realty
Buyer's Agent
Lorenzo Mion
Keller Williams Realty Miami Beach
List Price
$525,000
Sold Price
$494,000
Premium/Discount to List
-$31,000
-5.9%
Views
62
Current Estimated Value
$534,069

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,069
Avg. Annual Appreciation
4.56%
Original Mortgage
$295,165
Outstanding Balance
$290,760
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$243,309

Purchase Details

Closed on
Aug 17, 2018
Sold by
Prii Paraiso Four Llc
Bought by
Jem Sisters Properties Llc
Source: Public Records

Range of Values:

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Average Value
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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
Faidiga Simona $494,000 Universal Title
Jem Sisters Properties Llc $460,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Faidiga Simona $295,165
Previous Owner Jem Sisters Properties Llc $253,500
Previous Owner Jem Sisters Properties Llc $214,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/27/2025 07/27/25 Off Market $3,900 -- --
04/18/2025 04/18/25 Price Changed $3,900 0.0% $4 / Sq Ft
04/18/2025 04/18/25 For Rent $3,900 +18.2% --
03/09/2025 03/09/25 Off Market $3,300 -- --
02/04/2025 02/04/25 For Rent $3,300 0.0% --
02/04/2025 02/04/25 Price Changed $3,300 -44.5% $3 / Sq Ft
12/26/2024 12/26/24 Price Changed $5,950 +52.6% $5 / Sq Ft
12/26/2024 12/26/24 Price Changed $3,900 -34.5% $4 / Sq Ft
12/17/2024 12/17/24 Price Changed $5,950 +32.2% $5 / Sq Ft
12/09/2024 12/09/24 Price Changed $4,500 -24.4% $4 / Sq Ft
11/22/2024 11/22/24 For Rent $5,950 0.0% --
12/18/2023 12/18/23 Sold $494,000 -5.9% $746 / Sq Ft
10/23/2023 10/23/23 Pending -- -- --
03/13/2023 03/13/23 For Sale $525,000 0.0% $793 / Sq Ft
10/31/2018 10/31/18 Rented $1,800 -10.0% --
10/26/2018 10/26/18 Under Contract -- -- --
09/20/2018 09/20/18 For Rent $2,000 -- --
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 $9,033 $410,333 -- --
2024 $7,093 $450,915 -- --
2023 $7,093 $322,273 $0 $0
2022 $6,128 $292,976 $0 $0
2021 $5,659 $266,342 $0 $0
2020 $6,303 $295,936 $0 $0
2019 $7,098 $332,512 $0 $0
2018 $271 $14,211 $0 $0
2017 $260 $11,195 $0 $0
2016 $253 $10,178 $0 $0
2015 $206 $9,253 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2023

    Adriana Companet

    InvesTeam Realty

    Section Image
  • Lorenzo Mion

    Buyer's Agent in 2023

    Lorenzo Mion

    Keller Williams Realty Miami Beach

    1 in this area

    2 Total Sales

    Lorenzo Mion
    Section Image
  • Vanessa Grisalez

    Buyer's Agent in 2018

    Vanessa Grisalez

    Miami Residential Group

    (786) 325-2165

    3 in this area

    44 Total Sales

    Vanessa Grisalez
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11356023

MIAMI REALTORS® MLS

APN: 01-3230-096-0990

Florida Miami/Dade County Miami 33137 Edgewater

501 NE 31st St Unit 2803, Miami, FL

This home is located at 501 NE 31st St Unit 2803, Miami, FL 33137 since 13 March 2023 and is currently estimated at $534,069, approximately $806 per square foot. This property was built in 2018. 501 NE 31st St Unit 2803 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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