650 NE 32nd St 3005, Miami, FL 33137 — MLS photo

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650 NE 32nd St 3005, Miami, FL 33137

Active · Condominium

$985,000

650 NE 32nd St 3005, Miami, FL 33137

Beds
2
Baths
3
Living area
1,151 sq ft
$ / sq ft
$856/sq ft
Year built
2018
Lot size
—
HOA fee
$1,600 Monthly
Annual tax
$14,895

About this property

Discover this exquisite, fully furnished or unfurnished 2-bedroom, 3-bath residence at Paraiso Bay. Each bedroom features built-in closets, while the master suite’s open bedroom/bath concept creates a luxurious retreat. The airy, open-plan living area flows onto a generous balcony—perfect for savoring breathtaking bay views and Miami’s famed sunsets. Situated in the heart of it all, you’re minutes from South Beach, Downtown, Wynwood, the Design District and Brickell. Unit is rented for $5,600 until 02/12/2027

Property location

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650 NE 32nd St 3005, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,151 sq ft
Flooring
Ceramic Tile, Other
Appliances
Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Bedroom On Main Level, Custom Mirrors, Walk In Closets
Furnished
Furnished

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
53
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony
Waterfront
Bayfront
View
Bay

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,600 Monthly
Fee inclusions
Amenities
Amenities
Business Center, Clubhouse, Elevators, Fitness Center
Security
Door Man, Elevator Secured, Fire Alarm
Pets allowed
Conditional, Yes
Annual tax
$14,895
Subdivision
PARAISO BAY CONDO
County
Miami-Dade
Days on market
326
MLS listing ID
A11923384
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

-$3,782

Cap rate
1.1%
Net yield
1.1%
Cash-on-cash return
-16.5%
Gross yield
5.8%
Mortgage payment
$4,669/mo
Down payment
$246,250
Loan amount
$738,750
Annual NOI
$10,645

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