501 NE 31st St 2009, Miami, FL 33137 — MLS photo

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501 NE 31st St 2009, Miami, FL 33137

Active · Condominium

$555,000

501 NE 31st St 2009, Miami, FL 33137

Beds
2
Baths
2
Living area
944 sq ft
$ / sq ft
$588/sq ft
Year built
2018
Lot size
—
HOA fee
$1,310 Monthly
Annual tax
$9,974

About this property

Spacious 2Bed/2Bath with high-end custom-made closets and window treatments. Best floor plan in the building! Enjoy luxurious 5-star amenities including a gym & spa, lounge, party room, billiard room, movie theater, children's playroom, business center, two swimming pools, jacuzzi, and tennis court. The property features Bayfront Park with docks and a boardwalk, along with access to a private beach club and restaurant. Prime location just minutes from the Beaches, Design District, Wynwood, Downtown, and Brickell. A must-see! Ideal for investors

Property location

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501 NE 31st St 2009, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
944 sq ft
Flooring
Other
Appliances
Other
Cooling
Central Air
Heating
Central
Interior features
Other
Furnished
Unfurnished

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
45
Architectural style
Other
Construction
Other
Exterior features
Other
Waterfront
Bayfront, Canal Front
View
Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,310 Monthly
Fee inclusions
Other
Amenities
Other
Security
Other
Pets allowed
Conditional, Yes
Annual tax
$9,974
Subdivision
PARAISO BAYVIEWS CONDO
County
Miami-Dade
Days on market
601
MLS listing ID
A11754145
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$2,193

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-16.9%
Gross yield
7.0%
Mortgage payment
$2,631/mo
Down payment
$138,750
Loan amount
$416,250
Annual NOI
$5,251

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.