$940,950 - $1,059,000
RENTED AUG 7, 2025
2 Beds
3 Baths
1,193 Sq Ft
2018 Built

Last Sold January 31, 2022

Last sale price $840,000 $704 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $6,507/month

Highlights

  • Ocean View
  • Fitness Center
  • Outdoor Pool
  • Full Time Lobby Attendant
  • Building Security
  • 1-minute walk to Paraiso Park

About This Home

As of August 2025

Stunning 2BR/3BA luxury rental on the 26th flr of Paraiso Bay w/ unobstructed bay views to South Beach & beyond. Private elevator foyer, custom lighting, sheers, & deep balcony ideal for indoor-outdoor living. Split floor plan, upgraded finishes, spa-like baths, open kitchen with island seating and high ceilings. In-unit washer and dryer with custom fitted walk-in closets bring luxury to anew level. Paraiso Bay offers Miami’s best amenities: resort pool, spa, gym, theater, tennis and even a bowling alley. Prime Edgewater location near the new Whole Foods, Wynwood, Design District & Downtown. Across the street from acclaimed Amara restaurant. Pets considered. Live the luxury high-rise lifestyle in one of Miami’s most coveted towers! One assigned parking included

Last Agent to Rent the Property

Thomas Grimshaw

Compass Florida, LLC License #3024459 Listed on: 07/29/2025

Compass Florida, LLC

Co-Listed By

Andrea Cobo

Compass Florida, LLC License #3331305

Last Renter's Agent

Andres De Jesus

Best International Realty License #3025941

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,242

Year Built

  • Built in 2018

Lot Details

  • Southeast Facing Home

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 26th floor

Interior Spaces

  • 1,193 Sq Ft Home
  • Vaulted Ceiling
  • Entrance Foyer
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Outdoor Pool

Listing and Financial Details

  • Property Available on 8/1/25
  • 1 Year With Renewal Option,12 Months Lease Term
  • Assessor Parcel Number 01-32-30-093-1610

Community Details

Overview

  • No Home Owners Association
  • High-Rise Condominium
  • Paraiso Bay Condo
  • Paraiso Bay Condo,Paraiso Subdivision
  • Property has 1 Level

Amenities

  • Full Time Lobby Attendant
  • Game Room

Recreation

  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • Building Security
  • Resident Manager or Management On Site
  • High Impact Windows
  • High Impact Door

Condo Details

Home Type

Condominium

Est. Annual Taxes

$15,242

Year Built

Built in 2018

Lot Details

0

Parking

1

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-08-01
  • Lease Term: 1 Year With Renewal Option,12 Months

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 561-285-4794
  • Entry Level: 26
  • Garage Yn: Yes
  • Horses: No
  • Lease Assignable: No
  • Unit Levels: 1
  • New Construction: No
  • Building Stories: 53
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: PARAISO BAY CONDO,Paraiso
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • Special Features: VirtualTour
  • Stories: 53

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Entrance Foyer, Volume Ceilings, Walk-In Closet(s)
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 1193
  • Other Equipment: Elevator
  • Spa Features: Community
  • Stories: 53
  • Window Features: Clear Impact Glass, High Impact Windows, Impact Glass
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Bay, Ocean, Pool
  • Exterior Features: Open Balcony
  • Direction Faces: Southeast
  • Patio And Porch Features: Open Balcony
  • Pool Features: Community
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Sewer: Sewer
  • Security: Building Security, Lobby Attended

Condo/Co-op/Association

  • Amenities: Exercise Room, Management On Site
  • Association: No
  • Community Features: Tennis, Pool, Exercise Room, Game Room, Management On Site, Spa/Hot Tub

Lot Info

  • Parcel Number: 01-32-30-093-1610
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2021
Closed on
Jan 28, 2022
Sold by
Bl & Sons Llc
Bought by
Correia Delfina Sofia
Seller's Agent
Jose A Mata
HOMERICH, LLC
Buyer's Agent
Thomas Grimshaw
Compass Florida, LLC
List Price
$840,000
Sold Price
$840,000
Current Estimated Value
$982,988

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$142,988
Avg. Annual Appreciation
4.44%
Original Mortgage
$621,600
Outstanding Balance
$578,369
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$404,619

Purchase Details

Closed on
Apr 27, 2018
Sold by
Prh Ne 31St Street Llc
Bought by
B L & Sons Llc
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
Correia Delfina Sofia $840,000 New Title Company Name
B L & Sons Llc $753,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correia Delfina Sofia $212,000
Open Correia Delfina Sofia $621,600
Previous Owner B L & Sons Llc $350,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2025 08/07/25 Rented $6,200 0.0% --
08/02/2025 08/02/25 Under Contract -- -- --
07/29/2025 07/29/25 For Rent $6,200 0.0% --
01/31/2022 01/31/22 Sold $840,000 0.0% $704 / Sq Ft
11/26/2021 11/26/21 Pending -- -- --
11/10/2021 11/10/21 For Sale $840,000 0.0% $704 / Sq Ft
01/28/2021 01/28/21 Rented $3,600 -5.3% --
12/30/2020 12/30/20 Under Contract -- -- --
12/10/2020 12/10/20 For Rent $3,800 0.0% --
12/03/2020 12/03/20 Under Contract -- -- --
11/13/2020 11/13/20 For Rent $3,800 -- --
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 $15,242 $730,397 -- --
2024 $14,895 $760,830 -- --
2023 $14,895 $724,600 $0 $0
2022 $12,096 $570,180 $0 $0
2021 $11,013 $518,346 $0 $0
2020 $11,040 $518,346 $0 $0
2019 $12,718 $595,800 $0 $0
2018 $722 $36,059 $0 $0
2017 $764 $30,650 $0 $0
2016 $787 $36,059 $0 $0
2015 $802 $36,059 $0 $0
2014 $115 $5,091 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11848917

MIAMI REALTORS® MLS

APN: 01-3230-093-1610