$489,000
$16K PRICE DROP

501 NE 31st St Unit 2902 Miami, FL 33137

Edgewater Neighborhood

Estimated payment $4,092/month

Total Views 868
1 Bed
1.5 Baths
622 Sq Ft
$786 Price per Sq Ft

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Property Fronts a Bay or Harbor
  • Main Floor Primary Bedroom
  • 2-minute walk to Paraiso Park

About This Home

High-floor opportunity in one of Miami’s fastest-growing neighborhoods.This 1-bed + den, 1.5-bath residence on the 29th floor offers breathtaking panoramic bay and city views, a functional layout with no wasted space, and a den/ space with powder room—perfect for flexible use. Modern finishes throughout: Tile floors (no carpet ), open kitchen with Italian cabinetry and high-end appliances, Enjoy world-class amenities: rooftop lap pool with 360 views, sunset pool, spa, sauna, expansive balcony with unmatched views, tennis courts, gym, business center, playroom, media room, BBQ area, plus exclusive access to Paraiso Beach Club and Amara. All of this, ideally located in the heart of Edgewater,just steps from Midtown, the Design District, and Wynwood.

Listing Agent

Andrea Salvatore

BHHS EWM Realty Brokerage Email: salvatoreandream@gmail.com License #3284354 Listed on: 01/27/2025

BHHS EWM Realty

Co-Listing Agent

Pilar Mercader

BHHS EWM Realty Brokerage Email: salvatoreandream@gmail.com License #3233342

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,699

Year Built

  • Built in 2018

Lot Details

  • Property Fronts a Bay or Harbor
  • Northeast Facing Home

HOA Fees

  • $868 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Guest Parking

Home Design

  • Entry on the 29th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 622 Sq Ft Home
  • Tile Flooring
  • Bay Views
  • Dryer

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Primary Bedroom on Main
  • Dual Sinks
  • Shower Only

Home Security

Schools

  • Hartner; Eneida Elementary School
  • De Diego; Jose Middle School
  • Washington; Brooker T High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-0630

Community Details

Overview

  • 2,902 Units
  • High-Rise Condominium
  • Paraiso Bay Views Condo
  • Paraiso Bayviews Condo Subdivision
  • 46-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Secure Lobby

Recreation

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

Pet Policy

  • Breed Restrictions

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,699

Year Built

Built in 2018

Lot Details

0

HOA Fees

$868 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: EWM 08
  • Co List Office Phone: 305-361-5600
  • Entry Level: 29
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • 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
  • Attribution Contact: salvatoreandream@gmail.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Fire Sprinklers, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Living Area: 622
  • Stories: 46
  • Window Features: High Impact Windows
  • Bedroom Features: Primary Bedroom Ground Level
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Water View
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: Northeast
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARAISO BAY VIEWS CONDO
  • Carport Spaces: 1
  • Covered Parking Spaces: 2
  • Garage Spaces: 1
  • Parking Features: 1 Space, Guest, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 868
  • Amenities: Child Play Area, Exercise Room, Other, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Schools

  • Elementary School: Hartner; Eneida
  • High School: Washington; Brooker T
  • Middle Or Junior School: de Diego; Jose

Lot Info

  • Parcel Number: 01-32-30-096-0630

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 868
  • Number Of Units In Community: 2902

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 7699

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $7,699 $385,258 -- --
2024 $7,048 $350,235 -- --
2023 $7,048 $318,396 $0 $0
2022 $6,054 $289,451 $0 $0
2021 $5,591 $263,138 $0 $0
2020 $6,227 $292,375 $0 $0
2019 $7,013 $328,511 $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

Property History

Date Event Price Change Sq Ft Price
08/28/2025 08/28/25 Price Changed $489,000 -0.6% $786 / Sq Ft
05/06/2025 05/06/25 Price Changed $492,000 -1.2% $791 / Sq Ft
02/18/2025 02/18/25 Price Changed $498,000 -1.4% $801 / Sq Ft
01/27/2025 01/27/25 For Sale $505,000 0.0% $812 / Sq Ft
09/12/2018 09/12/18 Rented $2,025 -5.8% --
08/22/2018 08/22/18 Under Contract -- -- --
08/16/2018 08/16/18 For Rent $2,150 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Special Warranty Deed $442,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $250,000 Adjustable Rate Mortgage/ARM
Source: Public Records

Source: MIAMI REALTORS® MLS

MLS Number: A11732614

MIAMI REALTORS® MLS

APN: 01-3230-096-0630