$1,300,000
SOLD OCT 6, 2022
3 Beds
3.5 Baths
1,646 Sq Ft
$1,681/mo HOA Fee

Recently Sold

$790 Per Sq Ft

10% Below List Price

82 Days on Market

Highlights

  • Community Cabanas
  • Fitness Center
  • Marble Flooring
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • 1-minute walk to Paraiso Park

About This Home

As of October 2022

Welcome to your luxury waterfront home in Edgewater, Miami. The living at Paraiso Bay is scenic, serene and convenient. With 3 en-suite bedrooms & 3.5 bathrooms spread across 1,646 sqft, this gorgeous corner residence features floor to ceiling windows throughout so you can enjoy direct & unobstructed water views of the Biscayne Bay, the sunset & city lights! Come home through your private elevator & foyer entrance into your open kitchen and living room space, the perfect place to entertain. The kitchen is equipped with an island, Italian cabinetry and Bosch & Sub Zero kitchen appliances. Other features of this flow-through unit are 9 ft ceilings, oversized private balconies where you can do some yoga or entertain, window treatments, and custom closet cabinetry.

Last Agent to Sell the Property

Giovanna Ingletto

RGI Realty License #3436416 Listed on: 06/28/2022

Co-Listed By

Roberta Ingletto

RGI Realty License #3247475

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,028

Year Built

  • Built in 2018

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $1,681 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,646 Sq Ft Home
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Marble Flooring

Kitchen

  • <<builtInOvenToken>>
  • Electric Range
  • <<microwave>>
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-093-0150

Community Details

Overview

  • 364 Units
  • High-Rise Condominium
  • Paraiso Bay Condo
  • Paraiso Bay Condo Subdivision
  • Property has 1 Level

Amenities

  • Community Barbecue Grill
  • Billiard Room
  • Business Center
  • Secure Lobby

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,028

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,681 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: CNRB01
  • Co List Office Phone: 305-812-9048
  • Entry Level: 21
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Wall Oven, Washer
  • Interior Amenities: First Floor Entry, Closet Cabinetry, Cooking Island, Other, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Unfurnished
  • Living Area: 1646
  • Possible Use: Primary
  • Stories: 53
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Master Bath Shower, Master Bath Tub
  • Dining Room Features: Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Other View, Skyline, Water View
  • Exterior Features: East Of Us1
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Pool Private: Yes
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARAISO BAY CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Card Entry, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 1681
  • Amenities: Billiard Room, Barbecue, Business Center, Cabana, Clubhouse-Clubroom, Exercise Room, Other, Private Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-093-0150
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 364
  • Number Of Units Total: 364

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 14028

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2022
Closed on
Dec 28, 2022
Sold by
Essuman David Ekow and Essuman Marica Serena
Bought by
Pb-2101 Llc
Seller's Agent
Mathy Garcia
Related ISG Realty, LLC.
Buyer's Agent
Ana Maria Mendiola
Charles Rutenberg Realty FTL
Sold Price
$7,500
Views
1

Purchase Details

Listed on
Jun 28, 2022
Closed on
Sep 30, 2022
Sold by
Paraiso Bay 2101 Llc
Bought by
Essuman David Ekow and Essuman Marica Serena
Seller's Agent
Giovanna Ingletto
RGI Realty
List Price
$1,450,000
Sold Price
$1,300,000
Premium/Discount to List
-$150,000
-10.34%
Views
2

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.29%
Original Mortgage
$454,870
Interest Rate
5.89%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 16, 2018
Sold by
Prh Ne 31St Street Llc
Bought by
Paraiso Bay 2101 Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$635,940
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
Special Warranty Deed -- Pegasus Title Services Llc
Warranty Deed $1,300,000 Pegasus Title Services Llc
Special Warranty Deed $1,059,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $454,870 Credit Line Revolving
Previous Owner $715,000 New Conventional
Previous Owner $635,940 Adjustable Rate Mortgage/ARM
Previous Owner $270,540 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/18/2025 07/18/25 For Rent $11,000 0.0% --
07/16/2025 07/16/25 For Sale $1,600,000 0.0% $972 / Sq Ft
02/13/2023 02/13/23 Rented $7,500 -6.3% --
01/10/2023 01/10/23 Under Contract -- -- --
11/07/2022 11/07/22 Price Changed $8,000 -11.1% $5 / Sq Ft
10/07/2022 10/07/22 For Rent $9,000 0.0% --
10/06/2022 10/06/22 Sold $1,300,000 -10.3% $790 / Sq Ft
09/19/2022 09/19/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $1,450,000 -- $881 / Sq Ft
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
2024 $20,324 $1,038,135 -- --
2023 $20,324 $988,700 $0 $0
2022 $16,276 $756,555 $0 $0
2021 $14,613 $687,778 $0 $0
2020 $15,101 $709,050 $0 $0
2019 $17,397 $815,000 $0 $0
2018 $1,044 $52,140 $0 $0
2017 $1,105 $44,319 $0 $0
2016 $1,138 $52,140 $0 $0
2015 $1,159 $52,140 $0 $0
2014 $167 $7,361 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11229739

MIAMI REALTORS® MLS

APN: 01-3230-093-0150