RENTED JAN 30, 2026

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

Edgewater Neighborhood

Estimated Value: $3,252,000 - $4,078,422

4 Beds
5.5 Baths
4,210 Sq Ft
2018 Built

Sale Details

Date Sold: October 28, 2022

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

Est. 4% increase in value since last sale

Current estimated payment $23,351 / mo

Highlights

  • Valet Parking
  • Golf Course Community
  • Security Service
  • Ocean Front
  • Fitness Center
  • 1-minute walk to Paraiso Park

About This Home

As of January 2026

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.

Last Agent to Rent the Property

Jelena Khurana

The Corcoran Group License #3254258 Listed on: 10/30/2025

The Corcoran Group

Co-Listed By

Riya Bhandari

The Corcoran Group License #3580956

The Corcoran Group

Last Renter's Agent

Riya Bhandari

The Corcoran Group License #3580956

The Corcoran Group

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 2018

Lot Details

Parking

  • 3 Car Attached Garage
  • Automatic Garage Door Opener
  • Guest Parking
  • Secure Parking

Property Views

Home Design

  • Penthouse
  • Entry on the 52nd floor

Interior Spaces

  • 4,210 Sq Ft Home
  • Built-In Features
  • Bar
  • Entrance Foyer
  • Family Room
  • Den
  • Storage Room
  • Utility Room

Kitchen

  • Electric Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Dryer

Home Security

Additional Features

  • Accessible Elevator Installed
  • Above Ground Pool
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 1/15/26
  • 1 Year With Renewal Option,More Than 1 Year Lease Term
  • Assessor Parcel Number 01-32-30-093-0460

Community Details

Overview

  • No Home Owners Association
  • High-Rise Community
  • Paraiso Bay Condo
  • Paraiso Bay Condo Subdivision
  • 55-Story Property

Amenities

  • Valet Parking
  • Picnic Area
  • Game Room
  • Billiard Room
  • Community Center

Recreation

  • Golf Course Community
  • Beach Club Membership Available
  • Community Playground
  • Community Spa
  • Putting Green

Pet Policy

  • Breed Restrictions

Security

  • Security Service
  • Resident Manager or Management On Site
  • Card or Code Access
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Year Built

Built in 2018

Lot Details

0 Sq Ft Lot

Parking

3

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions
  • Available Date: 2026-01-15
  • Lease Term: 1 Year With Renewal Option,More Than 1 Year

Listing Details

  • Property Type: Residential Lease
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Co List Office Mls Id: TCNG02
  • Co List Office Phone: 305-677-2036
  • Entry Level: 52
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Lease Assignable: No
  • New Construction: No
  • Building Stories: 55
  • Structure Type: Condo/Co-Op/Annual, Condo
  • Subdivision Name: PARAISO BAY CONDO
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • LastStatus: Pending
  • CurrentPrice: 25000
  • InternetRemarks: This 4 bed, 5.5 bath, 5,042 SF penthouse residence delivers scale, privacy, and panoramic views.
  • ShowingTimeFlag: No
  • Special Features: VirtualTour
  • Stories: 55

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Free-Standing Freezer, Ice Maker, Microwave, Electric Range, Refrigerator
  • Interior Amenities: Bar, Built-in Features, Closet Cabinetry, Elevator, Entrance Foyer, Pantry, Walk-In Closet(s), Den/Library/Office, Family Room, Foyer, Maid'S Quarters, Maid/In-Law Quarters, Storage, Utility Room
  • Spa Yn: Yes
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Furnished: Unfurnished
  • Living Area: 4210
  • Other Equipment: Automatic Garage Door Opener, Elevator
  • Spa Features: Community
  • Stories: 55
  • Window Features: Complete Impact Glass, High Impact Windows
  • Living Room Features: Den/Library/Office, Family Room, Foyer, Laundry, Maid'S Quarters, Maid/In-Law Quarters, Pantry, Storage Room, Utility Room

Exterior Features

  • View: Bay, Intracoastal View, Ocean
  • Pool Features: Above Ground
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARAISO BAY CONDO
  • Covered Parking Spaces: 3
  • Garage Spaces: 3
  • Parking Features: 2 Spaces, Additional Spaces Available, Assigned, Guest, Parking Garage, Valet

Utilities

  • Electric: Circuit Breakers
  • Laundry Features: Laundry Room
  • Security: Fire Alarm, Smoke Detector, Key Card Entry, Building Security, Key/Card Entry Parking, Security Patrol

Condo/Co-op/Association

  • Amenities: Activity Room, Child Play Area, Community Pool, Exercise Room, Golf Course, Other, Pool Table, Putting Green, Sauna, Spa/Hot Tub
  • Association: No
  • Community Features: Additional Amenities, Beach Club Member Available, Exercise Room, Game Room, Management On Site, Picnic Area, Sauna, Security Patrol, Spa/Hot Tub

Lot Info

  • Parcel Number: 01-32-30-093-0460
  • Land Lease: No
  • Land Lease Amount Frequency: Monthly
  • Zoning: 5000

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

Closed on
Aug 15, 2025
Sold by
Bought by
Current Estimated Value
$3,555,606

Purchase Details

Listed on
Oct 1, 2022
Closed on
Nov 12, 2022
Sold by
Bought by
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
1.09%

Purchase Details

Listed on
Oct 1, 2022
Closed on
Oct 27, 2022
Sold by
Bought by
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
Bought by
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
-- None Listed On Document
-- None Listed On Document
-- None Listed On Document
$3,415,000 --
$2,850,000 Attorney
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 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 -14.3% --
06/07/2024 06/07/24 Under Contract -- -- --
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
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 $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

    Landlord's Agent in 2026

    Jelena Khurana

    The Corcoran Group

    (305) 322-7089

    6 in this area

    31 Total Sales

    Jelena Khurana
    Section Image

  • R

    Landlord's 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

    23 Total Sales

    Alejandra Castillo
    Section Image

  • A

    Seller Co-Listing Agent in 2022

    Andreina Zuccaro

    PMG Residential LLC

    (786) 975-7760

    3 in this area

    37 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

Source: MIAMI REALTORS® MLS

MLS Number: A11904286

MIAMI REALTORS® MLS

APN: 01-3230-093-0460

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.

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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