501 NE 31st St 3607, Miami, FL 33137 — MLS photo

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501 NE 31st St 3607, Miami, FL 33137

Active · Condominium

$505,000

501 NE 31st St 3607, Miami, FL 33137

Beds
1
Baths
2
Living area
746 sq ft
$ / sq ft
$677/sq ft
Year built
2018
Lot size
—
HOA fee
$1,041 Monthly
Annual tax
$7,386

About this property

Reintroducing to market: Bright and modern 1-bedroom, 1.5-bath condo at Paraiso Bayviews, offering floor-to-ceiling windows, 9-ft ceilings, a sleek open kitchen, and a spacious private terrace with Miami skyline views. This well-appointed residence includes a convenient half bath for guests and generous living space for entertaining or relaxing. Enjoy full access to resort-style amenities: rooftop pool, fitness center, spa, tennis court, game room, theater, and beach club. Located in vibrant Edgewater, just minutes from Wynwood, Design District, and Downtown Miami. Don't miss this rare opportunity to own in one of Miami's most sought-after luxury towers.

Property location

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501 NE 31st St 3607, Miami, FL 33137

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
746 sq ft
Flooring
Carpet, Ceramic Tile
Appliances
Dryer, Dishwasher, Disposal, Ice Maker
Cooling
Central Air
Heating
Central
Interior features
Bathtub, Closet Cabinetry, Tub Shower

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
44
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Barbecue, Tennis Courts
Pool
Association
View
Bay, City, Ocean

Parking

Garage spaces
1
Covered spaces
1
Parking features
Attached, Garage, One Space

HOA, Community & Financials

Association fee
$1,041 Monthly
Fee inclusions
Cable Tv, Trash, Water
Amenities
Billiard Room, Business Center, Cabana, Clubhouse, Elevators, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Tennis Courts, Trash
Security
Door Man, Elevator Secured, Key Card Entry
Pets allowed
Dogs Ok, Yes
Annual tax
$7,386
Subdivision
PARAISO BAYVIEWS CONDO
County
Miami-Dade
Days on market
310
MLS listing ID
A11841672
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

-$1,886

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-16.0%
Gross yield
6.5%
Mortgage payment
$2,394/mo
Down payment
$126,250
Loan amount
$378,750
Annual NOI
$6,093

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