$2,201,000 - $2,776,000
RENTED JUL 1, 2025

Paraiso I : Paraiso Bay 650 NE 32nd St Unit PH5003 Miami, FL 33137

Edgewater Neighborhood
4 Beds
4.5 Baths
2,407 Sq Ft
2018 Built

Highlights

  • Boat Dock
  • Fitness Center
  • Sauna
  • Property fronts an intracoastal waterway
  • Spa
  • 1-minute walk to Paraiso Park

About This Home

As of July 2025

Stunning fully furnished penthouse on the 50th floor of Paraiso Bay with breathtaking bay, ocean, and skyline views. Enjoy soaring 10-ft ceilings (exclusive to penthouse level) and ultimate privacy with only 4 units per floor. This elegant 4BD/4,5B features porcelain floors, floor-to-ceiling windows, and a spacious layout. Recently upgraded with a custom wood-paneled wall and recessed lighting, adding warmth to the living area. Motorized shades in the two main bedrooms and a Nest smart A/C system. Oversized 420 SqFt terrace ideal for entertaining. Resort-style amenities: pool, spa, gym, theater, bowling, tennis, sauna, steam room, and more. Prime Edgewater location, minutes to Wynwood, Design District, and Brickell. Easy to show.

Last Agent to Rent the Property

Jim Agard

Vendome Capital LLC License #3270604 Listed on: 06/19/2025

Co-Listed By

Christelle Largeais

Vendome Capital LLC License #3312624

Last Renter's Agent

Deanna Coriano

Douglas Elliman License #3517729

Douglas Elliman

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $35,228

Year Built

  • Built in 2018

Lot Details

  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 50th floor

Interior Spaces

  • 2,407 Sq Ft Home
  • Furnished
  • Den

Kitchen

  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Pool

  • Spa
  • Heated Above Ground Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Property Available on 6/19/25
  • Assessor Parcel Number 01-32-30-093-1380

Community Details

Overview

  • No Home Owners Association
  • Paraiso Bay Condo
  • Paraiso Bay Condo Subdivision
  • 54-Story Property

Amenities

  • Elevator

Recreation

  • Boat Dock
  • Community Spa

Pet Policy

  • Breed Restrictions

Condo Details

Home Type

Condominium

Est. Annual Taxes

$35,228

Year Built

Built in 2018

Lot Details

0

Parking

2

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2025-06-19

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Co List Office Mls Id: VDCP01
  • Co List Office Phone: 305-799-9781
  • Entry Level: 50
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Other
  • New Construction: No
  • Building Stories: 54
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: PARAISO BAY CONDO
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • Special Features: VirtualTour
  • Stories: 54

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Dryer, Microwave, Other Equipment/Appliances, Refrigerator, Washer
  • Interior Amenities: First Floor Entry, Other, Den/Library/Office
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other
  • Furnished: Furnished
  • Living Area: 2407
  • Stories: 54
  • Bedroom Features: Other
  • Living Room Features: Den/Library/Office

Exterior Features

  • Exterior Features: Other
  • Construction Type: Concrete Block Construction
  • Pool Features: Above Ground, Heated, Hot Tub, Other
  • Pool Private: No
  • View: No
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARAISO BAY CONDO
  • Covered Parking Spaces: 2
  • Garage Spaces: 2

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Amenities: Elevator(s), Exercise Room, Other, Sauna, Spa/Hot Tub
  • Association: No

Lot Info

  • Parcel Number: 01-32-30-093-1380
  • Land Lease Amount Frequency: Annually

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 11, 2018
Sold by
Prh Ne 31St Street Llc
Bought by
Re4us Llc
Current Estimated Value
$2,503,568
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
Re4us Llc $2,224,900 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/01/2025 07/01/25 Rented $12,500 -7.4% --
06/19/2025 06/19/25 For Rent $13,500 -3.6% --
08/15/2024 08/15/24 Rented $14,000 -3.4% --
07/30/2024 07/30/24 Under Contract -- -- --
07/09/2024 07/09/24 For Rent $14,500 +65.7% --
09/11/2018 09/11/18 Rented $8,750 0.0% --
08/24/2018 08/24/18 For Rent $8,750 -- --
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 $35,228 $1,758,500 -- --
2024 $36,148 $1,758,500 -- --
2023 $36,148 $1,758,500 $0 $0
2022 $34,525 $1,674,750 $0 $0
2021 $32,348 $1,522,500 $0 $0
2020 $32,426 $1,522,500 $0 $0
2019 $37,356 $1,750,000 $0 $0
2018 $1,462 $73,039 $0 $0
2017 $1,547 $62,083 $0 $0
2016 $1,594 $73,039 $0 $0
2015 $1,624 $73,039 $0 $0
2014 $234 $10,311 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jim Agard

    Landlord's Agent in 2025

    Jim Agard

    Vendome Capital LLC

    (305) 799-9781

    2 in this area

    18 Total Sales

    Jim Agard
    Section Image

  • C

    Landlord's Co-Listing Agent in 2025

    Christelle Largeais

    Vendome Capital LLC

    (786) 200-4509

    2 in this area

    17 Total Sales

    Christelle Largeais
    Section Image

  • D

    Tenant's Agent in 2025

    Deanna Coriano

    Douglas Elliman

    (757) 582-3362

    2 in this area

    4 Total Sales

    Deanna Coriano
    Section Image

  • E

    Buyer's Agent in 2024

    Evgeniia Kotelnikova

    Golden Keys Inc

    (954) 842-9573

    3 Total Sales

    Evgeniia Kotelnikova
    Section Image
  • Enzo Rosani

    Seller Co-Listing Agent in 2018

    Enzo Rosani

    Barnes International Realty, LLC

    (786) 503-1818

    7 in this area

    47 Total Sales

    Enzo Rosani
    Section Image

  • B

    Buyer's Agent in 2018

    Brooke Travis

    Douglas Elliman

    (305) 695-6070

    1 in this area

    18 Total Sales

    Brooke Travis
    Section Image
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About Paraiso I : Paraiso Bay

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11825525

MIAMI REALTORS® MLS

APN: 01-3230-093-1380

Florida Miami/Dade County Miami 33137 Edgewater

650 NE 32nd St Unit PH5003, Miami, FL

This home is located at 650 NE 32nd St Unit PH5003, Miami, FL 33137 since 19 June 2025 and is currently priced at $2,503,568. This property was built in 2018. 650 NE 32nd St Unit PH5003 is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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