$499,000
$20K PRICE DROP RENTED AUG 15, 2025

501 NE 31st St Unit 4007 Miami, FL 33137

Edgewater Neighborhood

Estimated payment $4,457/month

Total Views 413
1 Bed
1.5 Baths
746 Sq Ft
$669 Price per Sq Ft

Highlights

  • Ocean View
  • Sauna
  • Heated Community Pool
  • Fitness Center
  • Furnished
  • 2-minute walk to Paraiso Park

About This Home

Own Miami's ultimate luxury with this upscale 1-bedroom plus den (746 SF) condo in Edgewater. Enjoy 12 ft ceilings, stylish furnishings, premium amenities, and breathtaking views of Downtown and Miami Beach Skyline. Plus, the building offers a wealth of amenities including a tennis court, two pools, BBQ area, kids room, social room, sauna, fitness room, theater, valet, front desk 24/7, and billiard room. Condo comes with one assigned parking, and one storage room located on the second floor under AC. Building allows 12 rentals per year, min 30 days.

Listing Agent

Santiago Rodriguez

License #3312335 Listed on: 07/10/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,619

Year Built

  • Built in 2018

HOA Fees

  • $1,041 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

  • Ocean
  • Skyline

Home Design

  • Concrete Block With Brick

Interior Spaces

  • 746 Sq Ft Home
  • Furnished
  • Combination Dining and Living Room
  • Den
  • Tile Flooring

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Utilities

  • Cooling Available
  • Heating Available
  • Electric Water Heater

Additional Features

  • Outdoor Grill
  • Southeast Facing Home
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-2590

Community Details

Overview

  • High-Rise Condominium
  • Paraiso Bayviews Condos
  • Paraiso Bayviews Subdivision
  • 46-Story Property

Amenities

  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Community Center
  • Party Room
  • Lobby
  • Elevator

Recreation

  • Tennis Courts
  • Fitness Center
  • Heated Community Pool

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

$8,619

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,041 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 40
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: Paraiso Bayviews
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Walk-In Closet(s), Den/Library/Office
  • Accessibility Features: Accessible
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 746
  • Other Equipment: Elevator
  • Stories: 46
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Ocean View, Skyline, Water View
  • Exterior Features: East Of Us1, Barbeque, Tennis Court(s)
  • Construction Type: Concrete Block Construction, Concrete Block With Brick
  • Direction Faces: Southeast
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Paraiso Bayviews
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 1041
  • Amenities: Barbecue, Community Room, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo, Homeowners

Lot Info

  • Parcel Number: 01-32-30-096-2590

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8619

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 $8,978 $421,252 -- --
2024 $8,773 $448,140 -- --
2023 $8,773 $426,800 $0 $0
2022 $5,889 $281,556 $0 $0
2021 $5,438 $255,960 $0 $0
2020 $6,413 $301,129 $0 $0
2019 $7,222 $338,347 $0 $0
2018 $310 $16,279 $0 $0
2017 $297 $12,823 $0 $0
2016 $290 $11,658 $0 $0
2015 $236 $10,599 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2025 08/15/25 Under Contract -- -- --
07/31/2025 07/31/25 Price Changed $499,000 0.0% $669 / Sq Ft
07/21/2025 07/21/25 Price Changed $3,500 0.0% $5 / Sq Ft
07/21/2025 07/21/25 Price Changed $492,777 0.0% $661 / Sq Ft
07/10/2025 07/10/25 Price Changed $3,900 0.0% $5 / Sq Ft
07/10/2025 07/10/25 For Sale $518,777 0.0% $695 / Sq Ft
07/06/2025 07/06/25 Price Changed $3,450 -1.4% $5 / Sq Ft
06/30/2025 06/30/25 Price Changed $3,500 -1.4% $5 / Sq Ft
06/26/2025 06/26/25 Price Changed $3,550 -1.4% $5 / Sq Ft
06/19/2025 06/19/25 Price Changed $3,600 -1.4% $5 / Sq Ft
06/12/2025 06/12/25 Price Changed $3,650 -1.4% $5 / Sq Ft
06/09/2025 06/09/25 Price Changed $3,700 -1.3% $5 / Sq Ft
06/03/2025 06/03/25 Price Changed $3,750 -1.3% $5 / Sq Ft
05/22/2025 05/22/25 Price Changed $3,800 -2.6% $5 / Sq Ft
03/06/2025 03/06/25 For Rent $3,900 +1.3% --
05/22/2023 05/22/23 Rented $3,850 -1.3% --
02/13/2023 02/13/23 Price Changed $3,900 -2.5% $5 / Sq Ft
01/04/2023 01/04/23 For Rent $4,000 -- --
Source: MIAMI REALTORS® MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $433,000 Schiffman Law Group Pa
Special Warranty Deed $460,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $324,750 New Conventional
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11837851

MIAMI REALTORS® MLS

APN: 01-3230-096-2590