501 NE 31st St Unit 802 Miami, FL 33137
Edgewater NeighborhoodEstimated payment $4,019/month
Highlights
- Doorman
- Bay View
- Sauna
- Fitness Center
- Deck
- 2-minute walk to Paraiso Park
About This Home
Investor opportunity: Leased through June 30, 2027. Immediate rental income from day one. Beautiful 1-bedroom, 1.5-bath residence at Paraiso Bayviews featuring floor-to-ceiling impact windows, abundant natural light, and a spacious private balcony with partial water views. Thoughtfully designed open-concept layout, ideal for both end users and investors. Assigned parking space conveniently located on the same access level as the residence, providing direct access without ramps. Enjoy an outstanding collection of resort-style amenities, including two swimming pools, one located on the spectacular 46th-floor rooftop with breathtaking views of Biscayne Bay and the Miami skyline, state-of-the-art fitness center, spa, sauna, tennis courts, children's playroom, business center, social lounges, valet parking, and 24-hour concierge service. Ideally located in the heart of the Paraiso District, within walking distance to Whole Foods Market, restaurants, cafés, pharmacies, and banks, and just minutes from Midtown, Design District, Wynwood, Downtown Miami, and Miami Beach. A rare chance to own in one of Miami's most sought-after addresses, whether as a primary residence, second home, or income-producing investment property.
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,030
Year Built
- Built in 2018
HOA Fees
- $850 Monthly HOA Fees
Parking
- 1 Car Attached Garage
- Assigned Parking
Property Views
- Bay
- Garden
Home Design
- Entry on the 8th floor
- Concrete Block And Stucco Construction
Interior Spaces
- 622 Sq Ft Home
- Partially Furnished
- Combination Dining and Living Room
- Vinyl Flooring
Kitchen
- Built-In Oven
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- Dual Sinks
- Shower
- Primary Bathroom includes a Walk-In Shower
Laundry
- Dryer
- Washer
Home Security
Outdoor Features
- Deck
- Exterior Lighting
- Outdoor Grill
Utilities
- Cooling Available
- Central Heating
Additional Features
- Northeast Facing Home
- East of U.S. Route 1
Listing and Financial Details
- Assessor Parcel Number 01-32-30-096-0430
Community Details
Overview
- 396 Units
- Paraiso Bayviews Condos
- Paraiso Bayviews Condo,The Related Group Subdivision
- 46-Story Property
Amenities
- Doorman
- Community Barbecue Grill
- Sauna
- Trash Chute
- Community Center
- Party Room
- Elevator
Recreation
- Tennis Courts
- Community Basketball Court
- Community Playground
- Fitness Center
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Card or Code Access
- Impact Glass
- Fire and Smoke Detector
- Fire Sprinkler System
Map
Home Values in the Area
Average Home Value in this Area
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $2,065 | $304,400 | $92,500 | $211,900 |
| 2025 | $2,072 | $309,200 | $82,000 | $227,200 |
| 2024 | $2,072 | $309,200 | $82,000 | $227,200 |
| 2023 | $1,852 | $253,700 | $66,000 | $187,700 |
| 2022 | $1,883 | $191,300 | $48,000 | $143,300 |
| 2021 | $1,963 | $184,300 | $46,000 | $138,300 |
| 2020 | $1,879 | $163,500 | $40,000 | $123,500 |
| 2019 | $1,614 | $140,600 | $42,000 | $98,600 |
| 2018 | $1,653 | $101,600 | $35,000 | $66,600 |
| 2017 | $1,257 | $101,600 | $35,000 | $66,600 |
| 2015 | $1,046 | $87,500 | $35,000 | $52,500 |
| 2014 | -- | $85,000 | $35,000 | $50,000 |
| 2012 | -- | $110,900 | $45,000 | $65,900 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/22/2026 06/22/26 | Rented | $3,050 | 0.0% | -- |
| 06/22/2026 06/22/26 | Under Contract | -- | -- | -- |
| 06/07/2026 06/07/26 | For Rent | $3,050 | 0.0% | -- |
| 06/06/2026 06/06/26 | For Sale | $481,000 | 0.0% | $773 / Sq Ft |
| 09/01/2025 09/01/25 | Rented | $2,900 | -1.7% | -- |
| 07/14/2025 07/14/25 | For Rent | $2,950 | +9.3% | -- |
| 07/01/2024 07/01/24 | Rented | $2,700 | -16.9% | -- |
| 06/18/2024 06/18/24 | Under Contract | -- | -- | -- |
| 03/19/2024 03/19/24 | For Rent | $3,250 | -7.1% | -- |
| 07/19/2023 07/19/23 | Rented | $3,500 | +9.4% | -- |
| 06/26/2023 06/26/23 | Price Changed | $3,200 | -8.6% | $5 / Sq Ft |
| 06/26/2023 06/26/23 | For Rent | $3,500 | +9.4% | -- |
| 12/22/2022 12/22/22 | Rented | $3,200 | 0.0% | -- |
| 12/07/2022 12/07/22 | For Rent | $3,200 | +18.5% | -- |
| 10/20/2021 10/20/21 | Rented | -- | -- | -- |
| 09/21/2021 09/21/21 | For Rent | $2,700 | 0.0% | -- |
| 05/17/2021 05/17/21 | Rented | $2,700 | +17.4% | -- |
| 04/28/2021 04/28/21 | Under Contract | -- | -- | -- |
| 04/13/2021 04/13/21 | For Rent | $2,300 | -8.0% | -- |
| 12/10/2020 12/10/20 | Rented | $2,500 | +13.6% | -- |
| 11/30/2020 11/30/20 | Under Contract | -- | -- | -- |
| 11/03/2020 11/03/20 | Price Changed | $2,200 | -21.4% | $4 / Sq Ft |
| 11/03/2020 11/03/20 | For Rent | $2,799 | +40.7% | -- |
| 09/10/2020 09/10/20 | Rented | $1,990 | -0.5% | -- |
| 09/01/2020 09/01/20 | Under Contract | -- | -- | -- |
| 08/13/2020 08/13/20 | For Rent | $2,000 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $399,900 | None Available |
Source: MIAMI REALTORS® MLS
MLS Number: A12032495
APN: 01-3230-096-0430
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.
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.
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