NOT LISTED FOR SALE

501 NE 31st St Unit 404 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $430,339 - $542,000

1 Bed
1.5 Baths
610 Sq Ft
2018 Built

Last Sold November 22, 2021

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

Est. 39% increase in value since last sale

Current estimated payment $3,170/month

Highlights

  • Full Time Lobby Attendant
  • Intracoastal View
  • Gated with Attendant
  • Property Fronts a Bay or Harbor
  • Intercom to Front Desk
  • 2-minute walk to Paraiso Park

About This Home

As of May 2023

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.

Last Agent to Rent the Property

Helmut Sprinckmoller

Miami Premier Realty License #3279510 Listed on: 03/24/2023

Miami Premier Realty

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,855

Year Built

  • Built in 2018

Lot Details

  • Property Fronts a Bay or Harbor
  • Northeast Facing Home

Parking

  • 1 Car Garage

Property Views

  • Intracoastal
  • Bay

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 610 Sq Ft Home
  • Furnished
  • Formal Dining Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 4/1/23
  • 1 Year With Renewal Option Lease Term
  • Assessor Parcel Number 01-32-30-096-1140

Community Details

Overview

  • No Home Owners Association
  • Paraiso Bayviews Condo
  • Paraiso Bayviews Condo Subdivision
  • 46-Story Property

Amenities

  • Full Time Lobby Attendant
  • Intercom to Front Desk

Pet Policy

  • Breed Restrictions

Security

  • Gated with Attendant
  • Card or Code Access
  • High Impact Windows
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$6,855

Year Built

Built in 2018

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2023-04-01
  • Lease Term: 1 Year With Renewal Option

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 46
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • ResoPropertyType: ResidentialLease
  • Special Features: VirtualTour
  • Stories: 46

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 610
  • Stories: 46
  • Window Features: High Impact Windows
  • Dining Room Features: Eat-In Kitchen, Formal Dining

Exterior Features

  • View: Bay, Intracoastal View
  • Direction Faces: Northeast
  • Pool Features: In Ground
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARAISO BAYVIEWS CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Key Card Entry, Gated with Guard, Intercom In Lobby, Lobby Attended

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 01-32-30-096-1140
  • Land Lease: No
  • Land Lease Amount Frequency: Annually
  • Zoning: 4604
  • ResoLotSizeUnits: SquareFeet

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
$487,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,835
Avg. Annual Appreciation
9.11%

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
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
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 -- --
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 $6,855 $350,951 -- --
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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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11359983

MIAMI REALTORS® MLS

APN: 01-3230-096-1140