$560,000
SOLD FEB 23, 2022
1 Bed
1.5 Baths
706 Sq Ft
$621/mo HOA Fee

Recently Sold

$793 Per Sq Ft

1% Below List Price

36 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Fitness Center
  • Ocean View
  • Bar or Lounge
  • 1-minute walk to Paraiso Park

About This Home

As of February 2022

Priced to sell! Beautiful corner unit at PARAISO BAY with stunning bay views and floor to ceiling windows equipped with blackout shades. Sleek, modern living with open floor plan and modern kitchen with top of the line appliances and porcelain floors. This lifestyle condo comes with resort-like amenities - the best in Miami - including a James Beard Award winning chef Michael Schwartz restaurant, pools, gyms, party rooms, wine cellar and tasting salon, outdoor grill, private elevators, valet, and more. Strategically located 10 minutes from Miami Beach and Brickell, walking distance to Midtown and Design District.

Tenant occupied until July 2022

Last Agent to Sell the Property

Dean Bloch

Douglas Elliman License #3203737 Listed on: 12/15/2021

Douglas Elliman

Co-Listed By

Elke Johnson

Douglas Elliman License #3521399

Last Buyer's Agent

Anabella Cruscomagno

EXP Realty LLC License #3458851

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,719

Year Built

  • Built in 2018

Lot Details

  • Property Fronts a Bay or Harbor

HOA Fees

  • $621 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Automatic Garage Door Opener
  • Secured Garage or Parking

Property Views

Interior Spaces

  • 706 Sq Ft Home
  • Custom Mirrors
  • Built-In Features
  • Dryer

Kitchen

  • Built-In Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

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

Home Security

Outdoor Features

  • Deck
  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-093-3540

Community Details

Overview

  • 360 Units
  • Paraiso Bay Condo
  • Paraiso Bay Condo Subdivision
  • 53-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Trash Chute
  • Billiard Room
  • Community Center
  • Party Room
  • Recreation Room
  • Bar or Lounge
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,719

Year Built

Built in 2018

Lot Details

0

HOA Fees

$621 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Co List Office Mls Id: DEOM10
  • Co List Office Phone: 305-677-5000
  • Entry Level: 43
  • 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
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Wall Oven
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 706
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Possible Use: Unknown/Withheld
  • Stories: 53
  • Bedroom Features: Master Bath Shower, Master Bath Tub
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Intracoastal View, Ocean View, Pool Area View, Skyline, Tennis Court View, Water View
  • Exterior Features: Barbeque, Open Balcony
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Alarm, Smoke Detector, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 621
  • Amenities: Bar, Billiard Room, Barbecue, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Hobby Room, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-093-3540
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Multi Family

  • Maintenance Expense: 621
  • Number Of Units In Community: 360
  • Number Of Units Total: 360

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6719

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 15, 2021
Closed on
Feb 22, 2022
Sold by
Niklas Heinecker Sven
Bought by
Cernadas Karina Galante
Seller's Agent
Dean Bloch
Douglas Elliman
Buyer's Agent
Anabella Cruscomagno
EXP Realty LLC
List Price
$565,000
Sold Price
$560,000
Premium/Discount to List
-$5,000
-0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.61%
Original Mortgage
$392,000
Outstanding Balance
$368,214
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$380,817

Purchase Details

Closed on
Apr 18, 2018
Sold by
Prh Ne 31St Street Llc
Bought by
Heinecker Sven Niklas
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 $560,000 Goede Deboest & Cross Pllc
Special Warranty Deed $511,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $392,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2025 05/12/25 For Sale $799,000 0.0% $1,132 / Sq Ft
05/15/2024 05/15/24 Rented $4,400 0.0% --
04/30/2024 04/30/24 Under Contract -- -- --
03/29/2024 03/29/24 For Rent $4,400 +4.8% --
09/22/2023 09/22/23 Rented $4,200 -6.7% --
09/20/2023 09/20/23 Under Contract -- -- --
08/22/2023 08/22/23 For Rent $4,500 +2.3% --
11/30/2022 11/30/22 Rented $4,400 -10.2% --
11/04/2022 11/04/22 Under Contract -- -- --
10/12/2022 10/12/22 For Rent $4,900 +14.0% --
08/04/2022 08/04/22 Rented $4,300 -13.1% --
08/04/2022 08/04/22 Under Contract -- -- --
04/20/2022 04/20/22 For Rent $4,950 0.0% --
02/23/2022 02/23/22 Sold $560,000 -0.9% $793 / Sq Ft
01/21/2022 01/21/22 Pending -- -- --
12/15/2021 12/15/21 For Sale $565,000 0.0% $800 / Sq Ft
08/01/2020 08/01/20 Rented $2,500 -5.7% --
07/30/2020 07/30/20 Under Contract -- -- --
06/26/2020 06/26/20 For Rent $2,650 -1.9% --
06/11/2019 06/11/19 Rented $2,700 +3.8% --
05/28/2019 05/28/19 For Rent $2,600 -- --
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 $10,775 $548,603 -- --
2024 $10,839 $537,846 -- --
2023 $10,839 $527,300 $0 $0
2022 $7,901 $347,861 $0 $0
2021 $6,719 $316,238 $0 $0
2020 $7,321 $343,737 $0 $0
2019 $8,434 $395,100 $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: A11136962

MIAMI REALTORS® MLS

APN: 01-3230-093-3540