$645,000
SOLD JUL 22, 2025
1 Bed
1.5 Baths
706 Sq Ft
$876/mo HOA Fee

Recently Sold

$914 Per Sq Ft

7% Below List Price

51 Days on Market

Highlights

  • Valet Parking
  • Fitness Center
  • Sauna
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • 1-minute walk to Paraiso Park

About This Home

As of July 2025

Luxurious 1bed/1.5bath corner residence at Paraiso Bay Condo with stunning views of Biscayne Bay and the city. Beautiful 32”x32” tiles throughout, floor-to-ceiling impact windows, Bosch appliances, Italkraft cabinetry, shades, closet, washer & dryer, and 1 assigned parking. 5-Star amenities include 100ft diameter pool, fitness center, business center, conference room, playroom, wine room, cigar lounge, party lounge w/ kitchen, children’s pool, jacuzzi, yoga area, children outdoor playground, 2 tennis courts, spa (steam, dry sauna & indoor jacuzzi), theater, ping-pong, billiard, bowling, arcade, golf simulator, bbq areas, private elevators, front desk, and valet. Located in Edgewater walking distance to Midtown, Wynwood and Design District, close to Downtown and Brickell.

Last Agent to Sell the Property

Roberto Villasmil

Interinvestments Realty, Inc. License #3460993 Listed on: 04/28/2025

Interinvestments Realty, Inc.

Last Buyer's Agent

Nadezhda Guro

Redfin Corporation License #3398932

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,978

Year Built

  • Built in 2018

HOA Fees

  • $876 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

Home Design

  • Entry on the 38th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 706 Sq Ft Home
  • Built-In Features
  • Blinds
  • Entrance Foyer
  • Combination Dining and Living Room
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

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 01-32-30-093-3490

Community Details

Overview

  • High-Rise Condominium
  • Paraiso Bay Condos
  • Paraiso Bay Condo Subdivision
  • 54-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Trash Chute
  • Billiard Room
  • Business Center
  • Secure Lobby
  • Elevator

Recreation

  • Community Playground
  • Community Spa
  • Putting Green

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,978

Year Built

Built in 2018

Lot Details

0

HOA Fees

$876 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 38
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None,Other
  • 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
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Elevator, Fire Sprinklers, Entrance Foyer, Walk-In Closet(s)
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Tile
  • Furnished: Unfurnished
  • Living Area: 706
  • Possible Use: Unknown/Withheld
  • Stories: 54
  • Window Features: Complete Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Other View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: No
  • Park Building Name: PARAISO BAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 876
  • Amenities: Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Other, Pool, Putting Green, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-093-3490

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 8978

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 28, 2025
Closed on
Jul 21, 2025
Sold by
Rauscher Maridie H and Nunez Alejandro Lopez
Bought by
Giridharan Srinivasan and Srinivasan Raman Ashwini
Seller's Agent
Roberto Villasmil
Interinvestments Realty, Inc.
Buyer's Agent
Nadezhda Guro
Redfin Corporation
List Price
$689,900
Sold Price
$645,000
Premium/Discount to List
-$44,900
-6.51%
Views
8

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.51%
Original Mortgage
$451,500
Outstanding Balance
$451,500
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$216,151

Purchase Details

Closed on
May 15, 2018
Sold by
Prh Ne 31St Street Llc
Bought by
Nunez Alejandro Lopez and Lopez Maridie H Rauscher De

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,475
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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 Type Sale Price Title Company
Warranty Deed $645,000 None Listed On Document
Warranty Deed $645,000 None Listed On Document
Special Warranty Deed $509,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $451,500 New Conventional
Closed $451,500 New Conventional
Previous Owner $127,475 Adjustable Rate Mortgage/ARM
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2025 07/22/25 Sold $645,000 -4.4% $914 / Sq Ft
06/18/2025 06/18/25 Pending -- -- --
06/12/2025 06/12/25 Price Changed $675,000 -1.5% $956 / Sq Ft
05/19/2025 05/19/25 Price Changed $685,000 -0.7% $970 / Sq Ft
04/28/2025 04/28/25 For Sale $689,900 0.0% $977 / Sq Ft
07/01/2024 07/01/24 Rented $4,250 -1.2% --
05/31/2024 05/31/24 Under Contract -- -- --
04/29/2024 04/29/24 For Rent $4,300 +4.9% --
06/30/2023 06/30/23 Rented $4,100 -2.4% --
06/06/2023 06/06/23 Under Contract -- -- --
05/08/2023 05/08/23 For Rent $4,200 +55.6% --
08/01/2020 08/01/20 Rented $2,700 -3.6% --
07/21/2020 07/21/20 Under Contract -- -- --
06/25/2020 06/25/20 For Rent $2,800 0.0% --
06/22/2020 06/22/20 Off Market $2,800 -- --
06/22/2020 06/22/20 For Rent $2,800 0.0% --
06/08/2020 06/08/20 Off Market $2,800 -- --
06/08/2020 06/08/20 For Rent $2,800 0.0% --
05/25/2020 05/25/20 Off Market $2,800 -- --
04/22/2020 04/22/20 For Rent $2,800 +21.7% --
06/19/2019 06/19/19 Rented $2,300 0.0% --
05/21/2019 05/21/19 Under Contract -- -- --
05/20/2019 05/20/19 Price Changed $2,300 -22.0% $2 / Sq Ft
05/20/2019 05/20/19 For Rent $2,950 0.0% --
01/07/2019 01/07/19 Off Market $2,950 -- --
10/16/2018 10/16/18 Price Changed $2,950 -6.3% $3 / Sq Ft
09/20/2018 09/20/18 For Rent $3,150 +5.0% --
07/31/2018 07/31/18 Off Market $3,000 -- --
06/13/2018 06/13/18 For Rent $3,000 -- --
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 $8,979 $451,635 -- --
2024 $8,618 $410,578 -- --
2023 $8,618 $373,253 $0 $0
2022 $7,707 $339,321 $0 $0
2021 $6,554 $308,474 $0 $0
2020 $7,141 $335,298 $0 $0
2019 $8,227 $385,400 $0 $0
2018 $455 $22,740 $0 $0
2017 $482 $22,740 $0 $0
2016 $496 $22,740 $0 $0
2015 $506 $22,740 $0 $0
2014 $73 $3,210 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11791059

MIAMI REALTORS® MLS

APN: 01-3230-093-3490