Cays Realty
650 NE 32nd St 4206, Miami, FL 33137 — MLS photo

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650 NE 32nd St 4206, Miami, FL 33137

Active · Condominium

$935,000

650 NE 32nd St 4206, Miami, FL 33137

Beds
2
Baths
2
Living area
1,067 sq ft
$ / sq ft
$876/sq ft
Year built
2018
Lot size
—
HOA fee
$1,324 Monthly
Annual tax
$14,516

About this property

Stunning furnished 2 Bed + Den / 2 Bath condo at Paraiso Bay with direct, unobstructed views of Biscayne Bay. This spacious residence features an open layout, modern kitchen with island, and a large private balcony perfect for entertaining. Master suite includes glass-enclosed shower and elegant finishes. Enjoy private foyer access with exclusive elevator entry. Five-star amenities include a massive 100-ft diameter pool, full gym, spa, wine cellar, cigar lounge, two tennis courts, and more. A true luxury lifestyle in Edgewater! Unit is rented for $6,000 until 05/14/2027.

Property location

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650 NE 32nd St 4206, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
2
Living area
1,067 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, First Floor Entry, Living Dining Room, Other
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
55
Architectural style
Other
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Pool
Association
Waterfront
Canal Front
View
Bay

Parking

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

HOA, Community & Financials

Association fee
$1,324 Monthly
Fee inclusions
Maintenance Structure
Amenities
Billiard Room, Business Center, Cabana, Clubhouse, Community Kitchen, Fitness Center, Library, Playground, Pool, Tennis Courts
Security
Intercom, Lobby Secured, Security Guard
Pets allowed
Conditional, Yes
Annual tax
$14,516
Subdivision
PARAISO BAY CONDO
County
Miami-Dade
Days on market
324
MLS listing ID
A11846085
Listing status
Active

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

Estimated monthly cash flow

-$3,469

Cap rate
1.2%
Net yield
1.2%
Cash-on-cash return
-15.9%
Gross yield
5.8%
Mortgage payment
$4,432/mo
Down payment
$233,750
Loan amount
$701,250
Annual NOI
$11,565

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