$350,000
SOLD NOV 22, 2021

501 NE 31st St Unit 404 Miami, FL 33137

Edgewater Neighborhood
1 Bed
1.5 Baths
610 Sq Ft
$494/mo HOA Fee

Recently Sold

$574 Per Sq Ft

388 Days on Market

Highlights

  • Doorman
  • Fitness Center
  • Community Pool
  • Property Fronts a Bay or Harbor
  • Private Guards
  • 2-minute walk to Paraiso Park

About This Home

As of November 2021

NEW FLOOR, no more carpet!!! Amazing 1 bedroom and 1 1/2 bathroom apartment in the heart of Miami. High ceilings. Spectacular kitchen with granite counter tops and modern stainless steel appliances. Laundry inside. Only minutes from Downtown Miami, Wynwood, The Design District and Miami Beach. Wonderful building with a lot of amenities include roof top pool, sunset pool, tennis court, paddle court, bbq areas, children´s play room, billard´s romm, fitness center, theater, spa, valet parking and concierge. All residents of Paraiso Bayviews also have access to the Paraiso Bay Club

Last Agent to Sell the Property

Karin Reyes Garcia

MMLS Assoc.-Inactive Member License #3409464 Listed on: 10/05/2020

MMLS Assoc.-Inactive Member

Co-Listed By

Yamilee Martinez Travieso

EXP Realty LLC License #3289956

Last Buyer's Agent

Helmut Sprinckmoller

Miami Premier Realty License #3279510

Miami Premier Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,530

Year Built

  • Built in 2018

HOA Fees

  • $494 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 4th floor

Interior Spaces

  • 610 Sq Ft Home
  • Family or Dining Combination
  • Ceramic Tile Flooring
  • Bay Views
  • Washer and Dryer Hookup

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Cooking Island

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Shower Only

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony
  • Property Fronts a Bay or Harbor
  • East of U.S. Route 1

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-1140

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Business Center
  • Secure Lobby

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Private Guards
  • Card or Code Access
  • Secure Elevator
  • Complex Is Fenced
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,530

Year Built

Built in 2018

Lot Details

0

HOA Fees

$494 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: TLFL01
  • Co List Office Phone: 954-513-0248
  • Directions: Of Biscayne Blvd make a left on NE 31st. Building PARAISO BAY is on your left.
  • Entry Level: 4
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Cooking Island, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 610
  • Possible Use: Investment
  • Stories: 46
  • Window Features: High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Family/Dining Combination
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • View: Bay, Other View
  • Exterior Features: East Of Us1, Other, Open Balcony
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARAISO BAYVIEWS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Guest

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Complex Fenced, Doorman, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured, Private Guards

Condo/Co-op/Association

  • Association Fee: 494
  • Amenities: Barbecue, Business Center, Elevator(s), Exercise Room, Child Play Area, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-096-1140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Maintenance Expense: 494

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 5530

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 Type Sale Price Title Company
Warranty Deed $350,000 Assure America Title
Special Warranty Deed $393,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $227,500 Adjustable Rate Mortgage/ARM
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: A10938055

MIAMI REALTORS® MLS

APN: 01-3230-096-1140