501 NE 31 4305, Miami, FL 33137 — MLS photo

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501 NE 31 4305, Miami, FL 33137

Active · Condominium

$570,000

501 NE 31 4305, Miami, FL 33137

Beds
1
Baths
2
Living area
833 sq ft
$ / sq ft
$684/sq ft
Year built
2018
Lot size
—
HOA fee
$1,091 Monthly
Annual tax
$11,422

About this property

This lower Penthouse at the Paraiso Bayviews is a bright and spacious 1 bedroom plus den with 1.5 baths. This large turnkey unit has an open kitchen, high end appliances, walk-in closets, high ceilings, and city and partial bay views. This building offers a large variety of amenities, including a tennis court and roof top pool.

Property location

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501 NE 31 4305, Miami, FL 33137

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
833 sq ft
Flooring
Ceramic Tile, Tile
Appliances
Built In Oven, Dryer, Dishwasher, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level, Bathtub, Dual Sinks, Elevator, Living Dining Room, Walk In Closets

Exterior & Structure

Property type
Condominium
Year built
2018
Stories
46
Architectural style
High Rise, Penthouse
Construction
Block
Exterior features
Balcony, Barbecue, Tennis Courts
Pool
Association
Waterfront
Bayfront
View
Bay, City, Other

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space

HOA, Community & Financials

Association fee
$1,091 Monthly
Fee inclusions
Amenities, Common Areas, Hot Water, Maintenance Structure, Pools, Sewer, Trash, Water
Amenities
Basketball Court, Business Center, Pool, Sauna, Tennis Courts, Elevators
Security
Closed Circuit Cameras, Door Man, Elevator Secured, Fire Alarm, Secured Garage Parking, Intercom, Smoke Detectors
Pets allowed
Size Limit, Yes
Annual tax
$11,422
Subdivision
Paraiso Bayviews
County
Miami-Dade
Days on market
2
MLS listing ID
A11946395
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

-$2,317

Cap rate
0.8%
Net yield
0.8%
Cash-on-cash return
-17.4%
Gross yield
6.5%
Mortgage payment
$2,702/mo
Down payment
$142,500
Loan amount
$427,500
Annual NOI
$4,620

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