$481,000

501 NE 31st St Unit 802 Miami, FL 33137

Edgewater Neighborhood

Estimated payment $3,252/month

Total Views 202
1 Bed
1.5 Baths
622 Sq Ft
$773 Price per Sq Ft

Highlights

  • Doorman
  • Bay View
  • Deck
  • Fitness Center
  • Clubhouse
  • 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 j

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,030

Year Built

  • Built in 2018

Property Views

  • Bay
  • Garden

Home Design

  • Entry on the 8th floor
  • Concrete Siding
  • Block Exterior

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
  • Separate Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Deck
  • Northeast Facing Home

Community Details

Overview

  • Association fees include management, common areas, cable TV, hot water, ground maintenance, parking, pool(s), recreation facilities, sewer, trash, water
  • 396 Units

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Trash Chute
  • Clubhouse
  • Elevator

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,030

Year Built

Built in 2018

Lot Details

0 Sq Ft Lot

Listing Details

  • Entry Level: 8
  • Garage Yn: Yes
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Subdivision Name: PARAISO BAYVIEWS
  • Year Built: 2018
  • Year Built Details: Resale
  • OriginatingSystemListAgentMemberKey: 511791954
  • Special Features: VirtualTour

Interior Features

  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Vinyl
  • Furnished: Partially
  • Interior Amenities: Dual Sinks, Living/Dining Room, Separate Shower, Walk-In Closet(s)
  • Living Area: 622.0
  • Spa Features: Community
  • Window Features: Impact Glass

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: Northeast
  • Exterior Features: Deck
  • Patio And Porch Features: Deck
  • Pool Features: Community
  • Property Condition: Resale
  • View: Bay, Garden
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 1.0
  • Parking Features: Assigned, Attached, Covered, Garage
  • Total Parking Spaces: 1.0

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Door Man, Fire Sprinkler System, Smoke Detector(s)

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Community Features: Barbecue, Basketball Court, Clubhouse, Elevator, Fitness Center, Playground, Pool, Sauna, Tennis Court(s), Trash Chute
  • Pets Allowed: Yes
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Hot Water, Maintenance Grounds, Parking, Pool(s), Recreation Facilities, Sewer, Trash, Water

Multi Family

  • Number Of Units In Community: 396

Tax Info

  • Tax Annual Amount: 7030.0
  • Tax Year: 2025

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
Source: Public Records

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 -- --
Source: Martin County REALTORS® of the Treasure Coast

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
Warranty Deed $173,673 Pacific County Title Co
Warranty Deed $134,673 Pacific County Title Co
Source: Public Records

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: A12032495

Martin County REALTORS® of the Treasure Coast

APN: 01-3230-096-0430

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