NOT LISTED FOR SALE

Paraiso I : Paraiso Bay Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $705,311 - $868,000

1 Bed
2 Baths
898 Sq Ft
$789/mo HOA Fee

Last Sold February 01, 2021

Last sale price $470,000 $523 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,567/month

28 Days on Market

Highlights

  • Direct Ocean View
  • Fitness Center
  • Waterfront
  • Community Cabanas
  • Intercom to Front Desk
  • 1-minute walk to Paraiso Park

About This Home

As of February 2021

Price to sell!!! Magnificent apartment; 1 room + 1 den, 2 full baths, semi private elevator. Amazing apartment in the luxurious complex of Paraiso Bay. Excellent opportunity for owners occupied and investors. Rented for $2800 p/m till 12/21. However if you wanna occupied, tenants can have a 30 days notice & vacant the property. Magnificent views to the entire bay of Miami and Downtown from every angle. Spectacular recreation areas such as wine room, theater room, great swimming pool with pool service, outdoor grill, cabanas, party room, gym, amazing spa, sauna, jacuzzi, massage room, tennis court, cigar lounge, billiard room, kids play room, private beach club, overlooking bay, restaurant, quit bay walk walk trail, close to the highway. One assigned parking space plus valet. Easy to show.

Last Agent to Sell the Property

Monica Posin

New Capital Realty License #3182006 Listed on: 12/22/2020

Last Buyer's Agent

Cesar Funes

Keller Williams Eagle Realty License #3464952

Keller Williams Eagle Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,363

Year Built

  • Built in 2018

Lot Details

  • Waterfront
  • End Unit

HOA Fees

  • $789 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 28th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 898 Sq Ft Home
  • Concrete Flooring
  • Dishwasher
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-093-2960

Community Details

Overview

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

Amenities

  • Intercom to Front Desk
  • Secure Lobby

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Breed Restrictions

Building Details

Security

  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,363

Year Built

Built in 2018

Lot Details

0

HOA Fees

$789 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit
  • Entry Level: 28
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: 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: Dishwasher
  • Interior Amenities: First Floor Entry
  • Full Bathrooms: 2
  • Total Bedrooms: 1
  • Flooring: Concrete
  • Furnished: Unfurnished
  • Living Area: 898
  • Possible Use: Secondary
  • Stories: 53
  • Bedroom Features: Entry Level

Exterior Features

  • View: Bay, Direct Ocean
  • Exterior Features: Barbeque, Open Balcony, Tennis Court(s)
  • Construction Type: CBS Construction
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Secured Garage/Parking, Intercom In Lobby, Lobby Secured, Security Patrol

Condo/Co-op/Association

  • Association Fee: 789
  • Amenities: Cabana, Clubhouse-Clubroom, Exercise Room, Other, Child Play Area, Pool, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-093-2960
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 9363

Multi Family

  • Maintenance Expense: 789

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2024
Sold by
Funes Cesar Mariano
Bought by
Funes Cesar Mariano and Funes Santos Diego
Current Estimated Value
$762,578

Purchase Details

Closed on
Aug 30, 2021
Sold by
Baires Investment Group Llc
Bought by
Funes Cesar Mariang

Purchase Details

Listed on
Dec 22, 2020
Closed on
Jan 27, 2021
Sold by
Pbay 2807 Llc
Bought by
Baires Investment Group Llc
Seller's Agent
Monica Posin
New Capital Realty
Buyer's Agent
Cesar Funes
Keller Williams Eagle Realty
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.36%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Funes Cesar Mariano -- None Listed On Document
Funes Cesar Mariang -- None Available
Baires Investment Group Llc $470,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2021 02/01/21 Sold $470,000 -5.8% $523 / Sq Ft
12/17/2020 12/17/20 For Sale $499,000 -- $556 / Sq Ft
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 $9,382 $524,864 -- --
2024 $9,320 $510,072 -- --
2023 $9,320 $495,216 $0 $0
2022 $9,046 $480,793 $0 $0
2021 $8,513 $400,661 $0 $0
2020 $8,127 $381,582 $0 $0
2019 $9,363 $438,600 $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

  • Monica Posin

    Seller's Agent in 2021

    Monica Posin

    New Capital Realty

    (305) 949-5221

    1 in this area

    59 Total Sales

    Monica Posin
    Section Image

  • C

    Buyer's Agent in 2021

    Cesar Funes

    Keller Williams Eagle Realty

    Section Image
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About Paraiso I : Paraiso Bay

Source: MIAMI REALTORS® MLS

MLS Number: A10973957

MIAMI REALTORS® MLS

APN: 01-3230-093-2960

Florida Miami/Dade County Miami 33137

Edgewater

Not Listed for Sale

Condos

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