Condominium

501 NE 31st St # 601

501 NE 31st St # 601, Miami FL 33137 Get directions

$680,000

For Sale
Price cut: $18,750 (−2.7%)

3 Beds · 2 Baths · 1,110 SqFt

See estimated monthly cost

This listing is courtesy of Red Road Real Estate Florida. Mauricio Rojas

Overview

Exceptional opportunity to own a beautifully FURNISHED 3-Bedroom, 2-Bath residence at Paraiso Bayviews in the heart of Miami's vibrant Edgewater neighborhood. This thoughtfully designed 1,110 SF home features stylish wallpaper throughout, upgraded designer lighting, and a spacious open layout ready for immediate occupancy. Located on the 6th floor, the residence offers pleasant city views and abundant natural light. Paraiso Bayviews is one of Edgewater's premier lifestyle destinations, offering resort-style amenities including a rooftop pool with panoramic bay views, state-of-the-art fitness center, tennis courts, spa, children's playroom, clubhouse, summer kitchens, and more. Residents also enjoy access to the renowned Amara at Paraiso waterfront restaurant by award-winning chef Michael Schwartz. Investor-friendly building allows 30-day rentals up to 12 times per year, making this an excellent option for both end-users and income-focused buyers. Ideally located just minutes from the Design District, Midtown Miami, Wynwood, Downtown Miami, Brickell, Miami Beach, and Miami International Airport. Bank-owned property priced to sell.

Facts & features

Interior

Living area (sq ft)
1,110
Full bathrooms
2
  • Lobby
  • First Floor Entry

Building & exterior

Year built
2018
Garage spaces
1
Covered spaces
1
  • Skyline
  • Barbeque
  • 1 Space

HOA (homeowners association)

Association fee
$1,544 per month
Pets allowed
Yes
  • Tennis Court(s)
  • Corporate Buyer OK
  • Daily Rentals Allowed
  • Ok To Lease
  • Okay To Lease 1st Year
  • See Broker Remarks

Taxes

Annual tax
$10,687
Tax year
2025
Parcel number
01-32-30-096-0040

Listing

MLS number
A12032247
Property type
Condominium
Price per SqFt
$613
Subdivision
PARAISO BAYVIEWS CONDO
On market since
Jun 5, 2026
Days on market
100

Price history

Date Event Price Change
Jun 5, 2026 Listed $698,750 —
Sep 13, 2026 Price change $680,000 −$18,750 (−2.7%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$6,383 per month

Principal & interest (30 yr)
$3,438
Property tax
$891
Insurance (estimated)
$510
Association fee
$1,544

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Cherry Blossom Learning Center II Private · PK-KG · 0.33 mi
  • Design & Architecture Senior High Public · 9-12 · 0.50 mi
  • Eximia School Private · 06-12 · 0.55 mi
  • MIA Piccolo Montessori School Private · PK-KG · 0.59 mi
  • Metropolitan International School of Miami Private · PK-08 · 0.74 mi
  • Young Men''s Preparatory Academy Senior High Public · 6-12 · 0.74 mi
  • Centner Academy - Preschool Private · PK-KG · 0.76 mi
  • Miami Arts Charter School Charter · 6-12 · 0.80 mi
  • Ebenezer Christian Academy Private · PK-12 · 0.86 mi
  • BridgePrep Academy of Greater Miami Charter · K-5 · 0.87 mi
  • ASPIRA Arts DECO Charter Charter · 6-8 · 0.92 mi
  • Centner Academy - Elementary School Private · 01-05 · 0.93 mi
  • Centner Academy - Middle and High Schools Private · 06-08 · 0.93 mi
  • Eneida Massas Hartner Elementary Public · PK-5 · 0.94 mi
  • Care Elementary School Private · KG-06 · 0.95 mi

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