501 NE 31st St PH4405, Miami, FL 33137 — MLS photo

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501 NE 31st St PH4405, Miami, FL 33137

Active · Condominium

$599,000

501 NE 31st St PH4405, Miami, FL 33137

Beds
1
Baths
2
Living area
833 sq ft
$ / sq ft
$719/sq ft
Year built
2018
Lot size
—
HOA fee
$1,387 Monthly
Annual tax
$10,843

About this property

This PENTHOUSE is the most spectacular and exquisite, designer-decorated and furnished 1 bedroom plus den at the Paraiso Bayviews. Yes, other units in the building may be furnished, but simply cannot compare to the level of this one. Lighting fixtures and scenes incorporated in every space, and equipped with all necessary utensils in the kitchen. Outside furniture and decoration in the balcony is magnificent and ideal to enjoy stunning views year-round. This building has 5-star amenities, such as a 24h attended lobby, state-of-the-art gym, rooftop pool and jacuzzi, tennis court, play room. No other furnished unit competes with this one.

Property location

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501 NE 31st St PH4405, Miami, FL 33137

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
833 sq ft
Flooring
Ceramic Tile
Appliances
Built In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Breakfast Area, Closet Cabinetry, First Floor Entry, Living Dining Room, Tub Shower, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
44
Architectural style
High Rise
Construction
Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association
Waterfront
Bayfront
View
Bay, Intercoastal, Other, Pool

Parking

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

HOA, Community & Financials

Association fee
$1,387 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Hot Water, Internet, Parking, Sewer, Security, Trash, Water
Amenities
Billiard Room, Bike Storage, Cabana, Elevators, Fitness Center, Barbecue, Other, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Tennis Courts
Security
Closed Circuit Cameras, Door Man, Key Card Entry, Smoke Detectors
Pets allowed
Conditional, Yes
Annual tax
$10,843
Subdivision
PARAISO BAYVIEWS CONDO
County
Miami-Dade
Days on market
157
MLS listing ID
A11931621
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

-$2,647

Cap rate
0.4%
Net yield
0.4%
Cash-on-cash return
-18.9%
Gross yield
6.3%
Mortgage payment
$2,840/mo
Down payment
$149,750
Loan amount
$449,250
Annual NOI
$2,308

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