NOT LISTED FOR SALE

501 NE 31st St Unit 301 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $683,000 - $692,690

3 Beds
3 Baths
1,110 Sq Ft
$1,436/mo HOA Fee

Last Sold January 31, 2025

Last sale price $680,000 $613 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $6,107/month

54 Days on Market

Highlights

  • Doorman
  • Heated Community Pool
  • High Impact Door
  • Water Views
  • Business Center
  • 2-minute walk to Paraiso Park

About This Home

As of January 2025

Welcome to the sought-after Paraiso family of Edgewater waterfront buildings! This stunning unit, on a low floor, in a prime location just minutes from the beach! Hard to find 3 bedrooms and 2 1/2 bath, 2016 built, for only $684 price per sft. The open floor plan and 10ft high ceilings create a bright and airy atmosphere. Steps away from Design District, Midtown, Wynwood, new Trader Joe's & Whole Foods Market on Biscayne. FULL SERVICED BUILDING WITH ONE OF A KIND ROOFTOP POOL WITH 360 DEGREES VIEW OF THE BAY AND THE CITY AT 46TH FLOOR. THE OTHER AMENITIES ARE LOCATED AT 5TH FLOOR, INCLUDING SECOND POOL, SPA AND SAUNA, STATE OF THE ART GYM, KIDS ROOM, SOCIAL ROOM WITH BILLIARD AND PROJECTION TV SCREEN. Pet friendly & easy to see.

Last Listed By

Ricky Kallabat

Keller Williams Capital Realty License #3254287 Listed on: 10/23/2024

Keller Williams Capital Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,270

Year Built

  • Built in 2018

HOA Fees

  • $1,436 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Interior Spaces

  • 1,110 Sq Ft Home
  • Built-In Features
  • Tile Flooring
  • Water Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Home Security

Additional Features

  • Outdoor Grill
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-0020

Community Details

Overview

  • Paraiso Bayview Condos
  • Paraiso Bayviews Condo Subdivision
  • 46-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Business Center
  • Recreation Room
  • Elevator

Recreation

  • Tennis Courts
  • Community Playground
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,270

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,436 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: KWER01
  • Co List Office Phone: 305-757-1700
  • Directions: DRIVING FROM BISCAYNE BLVD, TURN ON 33rd ST GO EAST, TURN RIGHT ON 1st ST. THEN LEFT TO RAMP ON RIGHT
  • Entry Level: 301
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • Year Built Details: Condo-Conversion
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: First Floor Entry, Built-in Features, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1110
  • Other Equipment: Elevator
  • Possible Use: Primary
  • Stories: 46
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Water View
  • Exterior Features: East Of Us1, Barbeque, Tennis Court(s)
  • Pool Private: No
  • Property Condition: Completely Renovated
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Paraiso Bayview
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Valet

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1436
  • Amenities: Business Center, Child Play Area, Elevator(s), Heated Pool, Hobby Room, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-096-0020
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 10270

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2024
Closed on
Jan 31, 2025
Sold by
Siso Investment Llc
Bought by
Estrada Monica Beatriz
Seller's Agent
Ricky Kallabat
Keller Williams Capital Realty
Buyer's Agent
Paulo Gaia
Luxe Properties
List Price
$760,000
Sold Price
$680,000
Premium/Discount to List
-$80,000
-10.53%
Total Days on Market
54
Views
7
Current Estimated Value
$688,173

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$8,173
Avg. Annual Appreciation
4.70%
Original Mortgage
$544,000
Outstanding Balance
$543,079
Interest Rate
6.85%
Mortgage Type
New Conventional
Estimated Equity
$145,094

Purchase Details

Listed on
Oct 31, 2020
Closed on
Oct 14, 2021
Sold by
Duemargherita Corp
Bought by
Siso Investment Llc
Seller's Agent
Jose Manuel Santovena
Luxe Living Realty
Buyer's Agent
Edgardo sosa
Platinum Properties Int'l Inc.
List Price
$520,000
Sold Price
$540,000
Premium/Discount to List
$20,000
3.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%

Purchase Details

Closed on
Aug 17, 2018
Sold by
Prh Paraiso Four Ll
Bought by
Duemargherita Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,900
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

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
Estrada Monica Beatriz $680,000 None Listed On Document
Siso Investment Llc $540,000 Attorney
Duemargherita Corp $627,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Estrada Monica Beatriz $544,000
Previous Owner Duemargherita Corp $470,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/31/2025 01/31/25 Sold $680,000 -2.2% $613 / Sq Ft
12/16/2024 12/16/24 Pending -- -- --
11/01/2024 11/01/24 Price Changed $695,000 -8.6% $626 / Sq Ft
10/23/2024 10/23/24 For Sale $760,000 +40.7% $685 / Sq Ft
10/28/2021 10/28/21 Sold $540,000 -3.6% $486 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
08/07/2021 08/07/21 Price Changed $560,000 +7.7% $505 / Sq Ft
10/20/2020 10/20/20 For Sale $520,000 -- $468 / Sq Ft
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
2024 $10,270 $524,692 -- --
2023 $10,270 $476,993 $0 $0
2022 $8,939 $433,630 $0 $0
2021 $7,678 $361,358 $0 $0
2020 $9,620 $451,697 $0 $0
2019 $10,834 $507,525 $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

  • Ricky Kallabat

    Seller's Agent in 2025

    Ricky Kallabat

    Keller Williams Capital Realty

    (321) 236-2568

    3 in this area

    99 Total Sales

    Ricky Kallabat
    Section Image
  • Steven Yuskaitis

    Seller Co-Listing Agent in 2025

    Steven Yuskaitis

    Keller Williams Eagle Realty

    (508) 776-0608

    1 in this area

    12 Total Sales

    Steven Yuskaitis
    Section Image
  • Paulo Gaia

    Buyer's Agent in 2025

    Paulo Gaia

    Luxe Properties

    (305) 853-6985

    1 in this area

    17 Total Sales

    Paulo Gaia
    Section Image
  • Jose Manuel Santovena

    Seller's Agent in 2021

    Jose Manuel Santovena

    Luxe Living Realty

    (786) 327-7527

    4 in this area

    38 Total Sales

    Jose Manuel Santovena
    Section Image

  • E

    Buyer's Agent in 2021

    Edgardo sosa

    Platinum Properties Int'l Inc.

    (305) 491-6856

    1 in this area

    11 Total Sales

    Edgardo sosa
    Section Image
See All Agents

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Source: MIAMI REALTORS® MLS

MLS Number: A11678790

MIAMI REALTORS® MLS

APN: 01-3230-096-0020

Florida Miami/Dade County Miami 33137 Edgewater

501 NE 31st St Unit 301, Miami, FL

Homes for Sale in Miami, FL

This home is located at 501 NE 31st St Unit 301, Miami, FL 33137 since 23 October 2024 and is currently estimated at $688,173, approximately $619 per square foot. This property was built in 2018. 501 NE 31st St Unit 301 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.