NOT LISTED FOR SALE

501 NE 31st St Unit 404 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $454,677 - $540,000

1 Bed
2 Baths
610 Sq Ft
$811/Sq Ft Est. Value

Last Sold November 22, 2021

Last sale price $350,000 $574 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,302/month

About This Home

As of November 2021

FULLY FURNISHED 1BED AND 2BATH UNIT FOR RENT. VERY HIGH CEILINGS. SPECTACULAR NEW AND UNIQUE BUILDING. VERY BRIGHT AND OPEN UNIT, WITH FLOOR-TO-CEILING GLASSES, TILE FLOORING THROUGHOUT. CONVENIENT PARKING SPACE LOCATED AT THE SAME FLOOR AS THE UNIT. NO ELEVATOR NEEDED. EXCELLENT CENTRAL LOCATION, CLOSE TO DOWNTOWN, MIAMI BEACH AND WALKING DISTANCE TO DESIGN DISTRICT, WYNWOOD AND MIDTOWN. VERY CLOSE TO EXCELLENT SHOPPING AND DINING. FULL-SERVICE BUILDING WITH STATE-OF-THE-ART AMENITIES INCLUDING THE SKY/ROOF-TOP POOL (WITH BREATHTAKING VIEWS), 5TH FLOOR POOL, BARBECUES AREAS, FITNESS CENTER, SPA W/ SAUNA, PARTY ROOM, TENNIS COURTS, AMONG OTHERS. 24H FRONT DESK. WASHER AND DRYER IN UNIT. CABLE AND INTERNET INCLUDED.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2020
Closed on
Nov 17, 2021
Sold by
Inteve Llc
Bought by
Moreno Begazo Llc
Seller's Agent
Karin Reyes Garcia
MMLS Assoc.-Inactive Member
Buyer's Agent
Helmut Sprinckmoller
Miami Premier Realty
Sold Price
$350,000
Current Estimated Value
$494,669

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$144,669
Avg. Annual Appreciation
9.22%

Purchase Details

Closed on
Sep 4, 2018
Sold by
Prh Paraiso Four Llc
Bought by
Inteve Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Interest Rate
8.8%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Moreno Begazo Llc $350,000 Assure America Title
Inteve Llc $393,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Inteve Llc $227,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2023 05/15/23 Rented $3,300 0.0% --
05/02/2023 05/02/23 Under Contract -- -- --
03/24/2023 03/24/23 For Rent $3,300 0.0% --
04/18/2022 04/18/22 Rented $3,300 0.0% --
04/16/2022 04/16/22 Under Contract -- -- --
03/11/2022 03/11/22 For Rent $3,300 0.0% --
11/22/2021 11/22/21 Sold $350,000 -4.6% $574 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
10/15/2021 10/15/21 For Sale -- -- --
10/14/2021 10/14/21 Pending -- -- --
05/18/2021 05/18/21 Price Changed $367,000 0.0% $602 / Sq Ft
02/08/2021 02/08/21 Rented $1,850 -2.6% --
01/30/2021 01/30/21 Under Contract -- -- --
01/06/2021 01/06/21 For Rent $1,900 0.0% --
01/04/2021 01/04/21 Under Contract -- -- --
12/08/2020 12/08/20 Price Changed $1,900 -9.5% $3 / Sq Ft
10/13/2020 10/13/20 For Rent $2,100 0.0% --
10/05/2020 10/05/20 For Sale $377,000 0.0% $618 / Sq Ft
11/04/2018 11/04/18 Rented $1,730 -6.0% --
10/16/2018 10/16/18 Price Changed $1,840 -20.0% $2 / Sq Ft
09/25/2018 09/25/18 Price Changed $2,300 -8.0% $3 / Sq Ft
09/25/2018 09/25/18 For Rent $2,500 -- --

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 $6,391 $320,843 -- --
2023 $6,391 $291,676 $0 $0
2022 $5,466 $265,160 $0 $0
2021 $4,899 $230,574 $0 $0
2020 $5,456 $256,193 $0 $0
2019 $6,145 $287,857 $0 $0
2018 $250 $13,145 $0 $0
2017 $240 $10,354 $0 $0
2016 $234 $9,413 $0 $0
2015 $190 $8,558 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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