NOT LISTED FOR SALE

501 NE 31st St Unit 803 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $422,000 - $449,000

1 Bed
1.5 Baths
622 Sq Ft
2018 Built

Sale Details

Date Sold: August 1, 2023

Last sale price $445,000 $715 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $3,719 / mo

153 Days on Market

Highlights

  • Boat Ramp
  • Built in 2018 | Newly Remodeled
  • Waterfront
  • Fitness Center
  • Bay View
  • 2-minute walk to Paraiso Park

About This Home

As of August 2023

NCREDIBLE AND WELL LOCATED 1 BED + DEN 1.5 BATH APARTMENT IN PARAISO BAYVIEWS WITH PORCELAIN FLOORS, ALL EQUIPPED WITH TOP BRANDS, BOSCH APPLIANCES. SPECTACULAR AMENITIES: ROOFTOP POOL WITH PANORAMIC BAY AND CITY VIEWS, GRILLING AREA, HEATED POOL, TENNIS COURT, FITNESS CENTER, SPA, KIDS ROOM, CLUBHOUSE AND MORE...

2 DOGS ALLOWED, NO WEIGHT LIMIT.

Last Agent to Sell the Property

Pablo Salazar

Xcellence Brokerage Phone: 786-223-0393 License #3260700 Listed on: 02/28/2023

Xcellence

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,733

Year Built

  • Built in 2018 | Newly Remodeled

HOA Fees

  • $756 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Assigned Parking

Property Views

  • Bay
  • Skyline

Home Design

  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 622 Sq Ft Home
  • Combination Dining and Living Room
  • Den
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Eat-In Kitchen
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Additional Features

  • Solar Water Heater
  • Balcony
  • Waterfront
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-0800

Community Details

Overview

  • High-Rise Community
  • Paraiso Bayviews Condos
  • Paraiso Bayviews Condo Subdivision
  • 46-Story Property

Amenities

  • Sauna
  • Trash Chute
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Elevator
  • Secure Lobby

Recreation

  • Boat Ramp
  • Community Boat Dock
  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

Security

  • Security Guard
  • High Impact Door
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,733

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$756 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: LOCATED ON BISCAYNE BLVD IN EDGE WATER AREA
  • Entry Level: 8
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Dock,Community Boat Ramp
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: 786-223-0393
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Refrigerator, Solar Hot Water, Washer
  • Interior Amenities: First Floor Entry, Fire Sprinklers, Den/Library/Office
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 622
  • Possible Use: Primary
  • Stories: 46
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Washer/Dryer Hook-Up
  • Security: Fire Sprinklers, Guard At Site, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 756
  • Amenities: Boat Dock, Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Child Play Area, 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: 01-32-30-096-0800
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 5733

Multi Family

  • Maintenance Expense: 756

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 28, 2023
Closed on
Aug 1, 2023
Sold by
Bought by
Seller's Agent
Pablo Salazar
Xcellence
List Price
$495,000
Sold Price
$445,000
Premium/Discount to List
-$50,000
-10.1%
Views
31
Current Estimated Value
$437,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,962
Avg. Annual Appreciation
-0.60%
Original Mortgage
$405,000
Interest Rate
0.0671%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 31, 2018
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,895
Interest Rate
0.055%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$445,000 None Listed On Document
$388,900 Attorney
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $405,000
Previous Owner $213,895
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2023 08/01/23 Sold $445,000 -6.3% $715 / Sq Ft
04/28/2023 04/28/23 Price Changed $474,995 0.0% $764 / Sq Ft
04/13/2023 04/13/23 Price Changed $475,000 -2.1% $764 / Sq Ft
03/08/2023 03/08/23 Price Changed $485,000 -2.0% $780 / Sq Ft
02/28/2023 02/28/23 For Sale $495,000 -- $796 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,986 $355,334
2024 $6,451 $390,477
2023 $6,451 $293,136 $0 $0
2022 $5,574 $266,488 $0 $0
2021 $5,147 $242,262 $0 $0
2020 $5,733 $269,180 $0 $0
2019 $6,456 $302,449 $0 $0
2018 $271 $14,211 $0 $0
2017 $260 $11,195 $0 $0
2016 $253 $10,178 $0 $0
2015 $206 $9,253 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: MIAMI REALTORS® MLS

MLS Number: A11349667

MIAMI REALTORS® MLS

APN: 01-3230-096-0800

Your Personal Tour Guide

Ask me questions while you tour the home.