Home » Miami » Paraiso Bayviews at 501 31st St Miami » 501 NE 31st St 3204, Miami, Florida 33137 | A11300009

Sold 501 NE 31st St 3204, Miami, Florida 33137

$515,000
closed for a price of $500,000

Property Highlights

Listing ID A11300009 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 610 Sqft/56.67 m2 approx. Year Built 2018 Waterfront Lease Term Minimum Duration: 30 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 30 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Short Term Rentals Allowed (less than 6 months) Time of this property from published date until Closing Date 260 Days

501 NE 31st St 3204, Miami, Florida 33137

Property Description: INVESTMENT OPPORTUNITY!!! A stunning furnished apartment with an amazing water view of South Beach from the 32nd floor is ready to move in! Brand new Building at Paraiso Bayviews with direct bay and water view with 1 bedroom, 1.5 Baths, walking closet, no carpet, washer, and dryer in the unit. Master suite with large glass-enclosed shower. Italian Design Kitchen with bosh appliances, full services building with a rooftop pool on 46th floor, the second pool on the 5th floor plus, spa, sauna, state of art gym, kids ' room, social room with billiard and projection tv screen. One assigned parking space, and valet. Huge balcony. Shops and restaurants within walking distance. It can be rented for a short term (min 30 days), great as an investment property or vacation home.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$509,000
Original List Price:$499,000
Close Price:$500,000
More Listings Same Building:Paraiso Bayviews at 501 31st St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • New Construction
Property Condition:
  • Updated/remodeled
Entry Level (floor):32
Entry Level Location:32
Construction Materials:
  • Block
Flooring:
  • Vinyl
  • Ceramic Tile
Number of stories:43

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bay Front
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
  • Electric Water Heater
  • Ice Maker
  • Self Cleaning Oven
Interior Features:
  • Walk-in Closet(s)
  • Elevator
  • Handicap Access
Exterior Features:
  • Barbecue
  • Tennis Court(s)
Window Features:
  • Blinds
Green Energy Efficient:
  • Appliances
  • Thermostat
  • Water Heater
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$5,797

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2022
Association Fee:$612
Association Fee Frequency:
  • Monthly

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • 1031 Exchange
Occupant Type:
  • Call Agent
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Sauna
  • Playground
  • Elevator(s)
  • Fitness Center
Subdivision Name:PARAISO BAYVIEWS CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Internet
  • Recreation Facilities
  • Amenities
Complex Name:PARAISO BAYVIEWS
Senior Community:No
Development Name:Paraiso Bayviews
Restrictions: Corporate Buyer OK, Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage Spaces:0
Covered Spaces:0
Parking Features:
  • One Space
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActNo HOPA
Water AccessOther
Unit DesignLobby,Substantially Remodeled
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Exemptions
Buyer Country of ResidenceColombia
Number of times allowed to lease per year12
Flood ZoneX
Homeowner's Association Application Fee100
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number96

Zoning and Legal

Tax Legal Description:PARAISO BAYVIEWS CONDO UNIT 3204 UNDIV 0.168531% INT IN COMMON ELEMENTS OFF REC 29392-4114
Real Estate Folio Number (Parcel Number):01-32-30-096-1400
Public Survey Township:1
Public Survey Range:32
Public Survey Section:30

Listing History

Update/EventDate/Days
Published Date:November 7, 2022 12:00 am
On Market Date:November 7, 2022
Close Date:July 25, 2023
Price Change Date Time:June 29, 2023 12:52 am
Last Important Update Description:Closed
Date and Time of Last Important Update:July 26, 2023 10:32 am
Status Last Changed:July 26, 2023 10:32 am
Photos Last Modified:June 29, 2023 5:07 am
Last Modified:July 26, 2023 2:32 pm
Days on the Market (updated on Last Modified*):99
Cumulative Days on the Market (updated on Last Modified**):99

Additional Information

Unit Location:Lobby,Substantially Remodeled
Number of Photos:44
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:Realty One Group Evolution
Universal Property Id:US-12086-N-0132300961400-R-N

Location

Show Property Address:Yes
Street Name:31st St
Street Number:501
Street Direction Prefix:NE
Street Address:501 NE 31st St 3204
Unit Number:3204
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade County
Full Address:501 NE 31st St 3204, Miami, Florida 33137
Latitude:N25° 48' 24.8''
Longitude:W81° 48' 45.7''

Neighborhood

Postal City:Miami
City Region:South Grove

Property Map

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