650 NE 32nd St BH7, Miami, FL 33137 — MLS photo

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650 NE 32nd St BH7, Miami, FL 33137

Active · Condominium

$3,000,000

650 NE 32nd St BH7, Miami, FL 33137

Beds
3
Baths
4
Living area
3,175 sq ft
$ / sq ft
$945/sq ft
Year built
2018
Lot size
—
HOA fee
$4,414 Monthly
Annual tax
$27,535

About this property

Rarely available! One of only 7 unique VILLAS at Paraiso Bay, offering all the space, comfort and feel of a SINGLE FAMILY HOME w/ the amenities, services, security and ease of a luxury high-rise CONDO. Gorgeous open living room, dining area and kitchen is the heart your home. Large open terrace with stunning direct bay views perfect for sunrise coffee and breakfasts or entertaining guests. This home features 3 bedrooms, (all with ensuite bathrooms) PLUS an additional full bathroom off the living area, plus an office, and a private elevator with access to all floors. The spacious primary bedroom suite offers gorgeous bay views, a private terrace, spa-like bath and 2 large walk-in closets! Two assigned parking spaces on the same floor as your entrance (no elevator required!). Additional entrance from the street means you and your guests can enter from there or via the grand lobby of the main building. LARGE storage room on the lower level for all your belongings you don't need day to day. Building has an abundance of resort-style amenities include 2 pools, tennis courts, golf simulator, fitness center, spa, yoga & massage rooms, cinema, bowling lanes, kids’ playroom, resident lounges & waterfront dining at Amara. Click "Virtual Tour" for amenities video. 3 bedrooms/4 bathrooms/2 assigned parking spaces.

Property location

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650 NE 32nd St BH7, Miami, FL 33137

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Facts & features

Interior

Bedrooms
3
Bathrooms
4
Living area
3,175 sq ft
Flooring
Marble, Porcelain Tile, Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Breakfast Bar, Built In Features, Bedroom On Main Level, Bathtub, Closet Cabinetry, Dining Area, Separate Formal Dining Room, Dual Sinks, Entrance Foyer, High Ceilings, Pantry, Separate Shower, Upper Level Primary, Walk In Closets, Elevator
Furnished
Negotiable

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
53
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors, Porch
Pool
Association
Waterfront
Bayfront
View
Bay, Skyline, Water

Parking

Garage spaces
2
Covered spaces
2
Parking features
Assigned, Attached, Covered, Garage, Two Or More Spaces

HOA, Community & Financials

Association fee
$4,414 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Internet, Maintenance Grounds, Maintenance Structure, Reserve Fund, Sewer, Security, Trash, Water
Amenities
Billiard Room, Business Center, Clubhouse, Fitness Center, Playground, Pool, Spa Hot Tub, Tennis Courts, Trash
Security
Elevator Secured, Secured Garage Parking, Lobby Secured, Smoke Detectors
Pets allowed
Conditional, Dogs Ok, Yes
Annual tax
$27,535
Subdivision
PARAISO BAY *VILLA*
County
Miami-Dade
Days on market
360
MLS listing ID
A11890890
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

-$10,112

Cap rate
1.6%
Net yield
1.6%
Cash-on-cash return
-14.4%
Gross yield
5.6%
Mortgage payment
$14,222/mo
Down payment
$750,000
Loan amount
$2,250,000
Annual NOI
$49,319

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