Home » Miami » Paraiso Bayviews at 501 31st St Miami » 501 NE 31st St 2503, Miami, FL 33137 | A11367581

Sold 501 NE 31st St 2503, Miami, FL 33137

$575,000
closed for a price of $533,000

Property Highlights

Listing ID A11367581 Status of this Listing: Closed Sold Property Type Residential Condominium In a Condo Hotel 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 662 Sqft/61.50 m2 approx. Building Area 662 Sqft/61.50 m2 approx. COMMUNITY POOL Year Built 2018 Waterfront Has view of the Ocean 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 193 Days

501 NE 31st St 2503, Miami, FL 33137

Property Description: Step inside in one of the best FULLY FURNISHED one bedroom plus den apartment, with incredible views in Edgewater! This spacious apartment was professionally decorated with no expenses spared, it is luminous, it has an oversized balcony overlooking the bay, the ocean and Miami most beautiful coastline. This unit is in mint condition, it has never been rented and it is being sold turn key. Unit allows 30 days rent minimum - 12 times a year. Making this immediately a great income producing unit. *FURNISHED*

Residential Condominium Sold located at 501 NE 31st St 2503 Miami FL 33137 in Miami-Dade County referenced as ID MLS # A11367581. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:Other
Previous Asking Price:$589,000
Original List Price:$589,000
Close Price:$533,000
More Listings Same Building:Paraiso Bayviews at 501 31st St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Condo-hotel
Architectural
Style:
  • High Rise
Entry Level (floor):25
Entry Level Location:25
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:46
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Ocean
  • Bay
Waterfront:Yes
Waterfront Features:
  • Intracoastal Access
  • Bay Front
  • Other
Swimming Pool Features:
  • Heated
  • Association
Security:
  • Smoke Detector(s)
  • Door Man
  • Security Guard
  • Elevator Secured
Furnished:
  • Furnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Other
  • Electric Range
  • Electric Water Heater
  • Self Cleaning Oven
Interior Features:
  • First Floor Entry
  • Breakfast Area
  • Dining Area
  • Separate/formal Dining Room
  • Closet Cabinetry
  • Built-in Features
  • Elevator
  • Dual Sinks
Exterior Features:
  • Security/high Impact Doors
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Electric
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$6,037

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:$768
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Fha
Occupant Type:
  • Vacant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Size Limit (There are size restrictions on allowed pets)
  • Yes
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Spa/hot Tub
  • Other
  • Elevator(s)
  • Fitness Center
Subdivision Name:PARAISO BAYVIEWS CONDO
Association Fee Includes:
  • Amenities
Complex Name:PARAISO BAYVIEWS
Senior Community:No
Restrictions: OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • One Space

Public Schools Assigned

Note: provided by seller, please contact the school district to confirm the school assignment for this property address.

Elementary School:Sunrise Elementary

More Details

Other Information:
Unit ViewBay,Intracoastal View,Ocean View
Housing Older Persons ActUnverified
Water AccessNone
Unit DesignEast Of Us1,High Rise
Type of AssociationHomeowners
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Homestead Tax
Flood ZoneX
Homeowner's Association Application Fee150
Rooms DescriptionDen/Library/Office
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number96
Minimum Number of Days for Lease30
Number of times allowed to lease per year12
Buyer Country of ResidenceBrazil

Zoning and Legal

Tax Legal Description:PARAISO BAYVIEWS CONDO UNIT 2503 UNDIV 0.183045% INT IN COMMON ELEMENTS OFF REC 29392-4114
Real Estate Folio Number (Parcel Number):01-32-30-096-0960
Public Survey Township:1
Public Survey Range:32
Public Survey Section:30

Listing History

Update/EventDate/Days
Published Date:April 17, 2023 4:59 pm
On Market Date:April 13, 2023
Close Date:October 27, 2023
Price Change Date Time:August 8, 2023 1:58 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:November 2, 2023 5:16 pm
Status Last Changed:November 2, 2023 5:16 pm
Photos Last Modified:August 3, 2023 12:37 pm
Last Modified:November 2, 2023 9:17 pm
Days on the Market (updated on Last Modified*):164
Cumulative Days on the Market (updated on Last Modified**):164

Additional Information

Unit Location:East Of Us1,High Rise
Number of Photos:16
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:AG Real Estate Advisors, LLC
Universal Property Id:US-12025-N-0132300960960-R-N

Location

Show Property Address:Yes
Street Name:31st St
Street Number:501
Street Direction Prefix:NE
Street Address:501 NE 31st St 2503
Unit Number:2503
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade County
Full Address:501 NE 31st St 2503, Miami, FL 33137
Latitude:N25° 48' 24.8''
Longitude:W81° 48' 45.7''

Neighborhood

Postal City:Miami

Property Map

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