RENTED JAN 30, 2026

Paraiso I : Paraiso Bay 650 NE 32nd St Unit 5201 Floor 52 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $3,256,000 - $3,746,383

4 Beds
6 Baths
4,210 Sq Ft
$825/Sq Ft Est. Value

Sale Details

Date Sold: October 28, 2022

Last sale price $3,415,500 $811 Per Sq Ft

About This Home

Nestled in Miami's Luxury Edgewater District, this 4 bed, 5.5 bath, 5,042 SF residence is two penthouses combined into one and recently upgraded, available unfurnished, fully or partially furnished with B&B Italia pieces. Enjoy sweeping 52nd floor views of Biscayne Bay, Miami Beach, and the city. The enclosed kitchen with a butler's private entrance and two private elevators enhances discretion. Two primary bedrooms and a guest wing on the opposite side provide privacy when hosting. Two spacious balconies, including one spanning the length of the home, offer stunning viewpoints and Miami sunsets. A true house in the sky, PH 5201 embodies South Florida luxury. Every amenity you could ask for, including golf simulator, cigar lounge, spa, and tennis. Move in ready. Available August 2026 or with 30 day notice. Unit available Furnished/Unfurnished or Partially Furnished.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 15, 2025
Sold by
Bhandari Natasha
Bought by
Aren One Ventures Llc

Purchase Details

Listed on
Oct 1, 2022
Closed on
Nov 12, 2022
Sold by
Aren One Ventures Llc
Bought by
Bhandari Anil and Bhandari Natasha
Seller's Agent
Alejandra Castillo
PMG Residential LLC
Buyer's Agent
Leila Abou Jokh
Related General Realty, LLC.
List Price
$3,450,000
Sold Price
$3,415,500
Premium/Discount to List
-$34,500
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.49%

Purchase Details

Listed on
Oct 1, 2022
Closed on
Oct 27, 2022
Sold by
Markosian Javier Sardar and Markosian Cesar
Bought by
Aren One Ventures Llc
Seller's Agent
Alejandra Castillo
PMG Residential LLC
Buyer's Agent
Leila Abou Jokh
Related General Realty, LLC.
List Price
$3,450,000
Sold Price
$3,415,500
Premium/Discount to List
-$34,500
-1%

Purchase Details

Closed on
Mar 6, 2019
Sold by
Prh Ne 31St Street Llc
Bought by
Markosian Javier Sardar and Alcaraz Cesar
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

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
Aren One Ventures Llc -- None Listed On Document
Bhandari Anil -- --
Bhandari Anil -- None Listed On Document
Bhandari Anil -- --
Bhandari Anil -- None Listed On Document
Aren One Ventures Llc $3,415,000 --
Markosian Javier Sardar $2,850,000 Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2026 01/30/26 Rented $25,000 -28.6% --
10/30/2025 10/30/25 For Rent $35,000 +40.0% --
01/17/2025 01/17/25 Rented $25,000 -24.2% --
01/02/2025 01/02/25 Price Changed $33,000 -5.7% $8 / Sq Ft
11/22/2024 11/22/24 For Rent $35,000 +16.7% --
06/15/2024 06/15/24 Rented $30,000 +20.0% --
06/14/2024 06/14/24 Under Contract -- -- --
05/07/2024 05/07/24 Price Changed $25,000 -10.7% $6 / Sq Ft
04/01/2024 04/01/24 Price Changed $28,000 -6.7% $7 / Sq Ft
01/10/2024 01/10/24 Price Changed $30,000 -9.1% $7 / Sq Ft
01/02/2024 01/02/24 Price Changed $33,000 -5.7% $8 / Sq Ft
11/06/2023 11/06/23 For Rent $35,000 0.0% --
10/28/2022 10/28/22 Sold $3,415,500 -1.0% $811 / Sq Ft View Prior Sale
10/01/2022 10/01/22 For Sale $3,450,000 -- $819 / Sq Ft

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 $51,113 $2,551,400 -- --
2024 $52,448 $2,551,400 -- --
2023 $52,448 $2,551,400 $0 $0
2022 $48,273 $2,383,626 $0 $0
2021 $48,282 $2,314,200 $0 $0
2020 $50,995 $2,436,000 $0 $0
2019 $59,770 $2,800,000 $0 $0
2018 $1,486 $74,205 $0 $0
2017 $1,572 $63,074 $0 $0
2016 $1,620 $74,205 $0 $0
2015 $1,650 $74,205 $0 $0
2014 $238 $10,476 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jelena Khurana

    Seller's Agent in 2026

    Jelena Khurana

    The Corcoran Group

    (305) 322-7089

    6 in this area

    33 Total Sales

    Jelena Khurana
    Section Image

  • R

    Seller Co-Listing Agent in 2026

    Riya Bhandari

    The Corcoran Group

    (914) 320-5550

    1 in this area

    2 Total Sales

    Riya Bhandari
    Section Image
  • Alejandra Castillo

    Seller's Agent in 2022

    Alejandra Castillo

    PMG Residential LLC

    (786) 327-9995

    6 in this area

    24 Total Sales

    Alejandra Castillo
    Section Image
  • Andreina Zuccaro

    Seller Co-Listing Agent in 2022

    Andreina Zuccaro

    PMG Residential LLC

    (786) 975-7760

    3 in this area

    36 Total Sales

    Andreina Zuccaro
    Section Image
  • Leila Abou Jokh

    Buyer's Agent in 2022

    Leila Abou Jokh

    Related General Realty, LLC.

    (305) 932-6365

    9 in this area

    17 Total Sales

    Leila Abou Jokh
    Section Image
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About Paraiso I : Paraiso Bay

Map

Florida Miami/Dade County Miami 33137 Edgewater

650 NE 32nd St Unit 5201, Miami, FL

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.

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