Paraiso I : Paraiso Bay 650 NE 32nd St Unit 3507 Miami, FL 33137
Edgewater Neighborhood
1
Bed
2
Baths
898
Sq Ft
$1,114/mo
HOA Fee
Highlights
- Valet Parking
- Fitness Center
- Sauna
- Property Fronts a Bay or Harbor
- Clubhouse
- 1-minute walk to Paraiso Park
About This Home
As of February 2025Fantastic opportunity to own one of the few available 1-bedroom + den corner units with 2 full bathrooms in Miami's vibrant Edgewater neighborhood. This luxurious condo offers breathtaking, unobstructed views of Biscayne Bay, stretching from South Beach to Sunny Isles.
Experience upscale living with world-class amenities, including a resort-style pool, spa, BBQ grills, bowling lanes, state-of-the-art fitness center, tennis courts, theater room, wine room, cigar lounge, and more. The unit features a modern kitchen with high-end Bosch appliances and a built-in Sub-Zero refrigerator for a seamless cooking experience.
Amara restaurant is just steps away, with additional dining, fitness, and entertainment options in nearby Midtown, Wynwood, and the Design District.
Last Agent to Sell the Property
London Foster Realty License #3596707 Listed on: 10/27/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $10,957
Year Built
- Built in 2018
HOA Fees
- $1,114 Monthly HOA Fees
Parking
- 1 Car Garage
- Secured Garage or Parking
- Assigned Parking
Property Views
Home Design
- 898 Sq Ft Home
Kitchen
- Electric Range
- Microwave
- Dishwasher
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
Home Security
Additional Features
- Accessible Elevator Installed
- Property Fronts a Bay or Harbor
- Central Heating and Cooling System
Listing and Financial Details
- Assessor Parcel Number 01-32-30-093-3030
Community Details
Overview
- High-Rise Condominium
- Paraiso Bay Condo
- Paraiso Bay Condo Subdivision
- 52-Story Property
Amenities
- Valet Parking
- Community Barbecue Grill
- Billiard Room
- Business Center
- Secure Lobby
- Elevator
Recreation
- Community Spa
Pet Policy
- Pets Allowed
- Pet Size Limit
Security
- Secure Elevator
- High Impact Door
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 27, 2024
Closed on
Feb 27, 2025
Sold by
Osh Paraisa 3507 Llc
Bought by
Gambino Francesco
Seller's Agent
Shamseddin Mizani
London Foster Realty
Buyer's Agent
Francesco Ponticelli
United Realty Group Inc
List Price
$825,000
Sold Price
$765,000
Premium/Discount to List
-$60,000
-7.27%
Total Days on Market
102
Views
19
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,026
Avg. Annual Appreciation
-3.62%
Original Mortgage
$465,000
Outstanding Balance
$463,447
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$289,527
Purchase Details
Closed on
Oct 18, 2024
Sold by
Panarin Artemiy and Vepr12 Revocable Trust
Bought by
Osh Paraisa 3507 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$462,000
Interest Rate
6.2%
Mortgage Type
Construction
Purchase Details
Closed on
Apr 4, 2018
Sold by
Prh Ne 31St Street Llc
Bought by
Panarin Artemiy
Similar Homes in Miami, FL
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $765,000 | Atg Title | |
| Warranty Deed | $765,000 | Atg Title | |
| Warranty Deed | $610,000 | None Listed On Document | |
| Special Warranty Deed | $710,900 | Attorney |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $465,000 | New Conventional | |
| Closed | $465,000 | New Conventional | |
| Previous Owner | $462,000 | Construction |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/27/2025 02/27/25 | Sold | $765,000 | -4.3% | $852 / Sq Ft |
| 02/06/2025 02/06/25 | Pending | -- | -- | -- |
| 11/18/2024 11/18/24 | Price Changed | $799,000 | -3.2% | $890 / Sq Ft |
| 10/27/2024 10/27/24 | For Sale | $825,000 | -- | $919 / Sq Ft |
Source: MIAMI REALTORS® MLS
Tax History Compared to Growth
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 | $11,359 | $597,300 | -- | -- |
| 2024 | $10,957 | $552,125 | -- | -- |
| 2023 | $10,957 | $501,932 | $0 | $0 |
| 2022 | $9,680 | $456,302 | $0 | $0 |
| 2021 | $8,814 | $414,820 | $0 | $0 |
| 2020 | $8,414 | $395,067 | $0 | $0 |
| 2019 | $9,693 | $454,100 | $0 | $0 |
| 2018 | $563 | $28,111 | $0 | $0 |
| 2017 | $595 | $28,111 | $0 | $0 |
| 2016 | $614 | $28,111 | $0 | $0 |
| 2015 | $625 | $28,111 | $0 | $0 |
| 2014 | $90 | $3,969 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
S
Seller's Agent in 2025
Shamseddin Mizani
London Foster Realty
-
F
Buyer's Agent in 2025
Francesco Ponticelli
United Realty Group Inc
About Paraiso I : Paraiso Bay
Map
Source: MIAMI REALTORS® MLS
MLS Number: A11683086
APN: 01-3230-093-3030
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