Home » Miami » Paraiso Bayviews at 501 31st St Miami » 501 NE 31 St 3703, Miami, FL 33137 | A11395749

Sold 501 NE 31 St 3703, Miami, FL 33137

$535,000
closed for a price of $517,500

Property Highlights

Listing ID A11395749 Status of this Listing: Closed Sold Property Type Residential Condominium 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 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 186 Days

501 NE 31 St 3703, Miami, FL 33137

Property Description: The skies and Atlantic Ocean seem endless from this 37th floor residence in the premier “03” line at Paraiso Bays Condominium. Wake up to sunrises and retire to twinkling lights near every day in this beautiful 1 bedroom condo which includes a bonus den, kitchen w/ snack court, superb bathrooms (full & half), and fantastic balcony. Built in the heart of Miami minutes from the Design District, Midtown, Wynwood, and Downtown, this 5-year new addition to the Edgewater neighborhood features heated pools (a roof top pool to die for), grilling area, tennis courts, state-of-the-art fitness center & spa, children’s playroom, lounge rooms, theater, 24-concierge, & valet service. Condo is occupied by excellent Tenant thru November, 2023 @$3,100/month. An A+ opportunity for investors and owner/users!

Residential Condominium Sold located at 501 NE 31 St 3703 Miami FL 33137 in Miami-Dade County referenced as ID MLS # A11395749. 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:Backup Contract/Call LA
Previous Asking Price:$545,000
Original List Price:$545,000
Close Price:$517,500
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Paraiso Bayviews at 501 31st St Miami

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Construction

Year Built Details:
  • Resale
Architectural
Style:
  • High Rise
Entry Level (floor):37
Entry Level Location:37
Construction Materials:
  • Block
Flooring:
  • Other
Number of stories:48

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Other
Swimming Pool Features:
  • Association
Security:
  • Fire Sprinkler System
  • Elevator Secured
  • Lobby Secured
  • Secured Garage/parking
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Living/dining Room
  • Bedroom On Main Level
  • Dual Sinks
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Window Features:
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric

Taxes and Expenses

Tax Annual Amount:$6,409

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:$757
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Call Agent
Buyer Possession:
  • Subject To Tenant Rights
Buyer Financing:
  • Conventional
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Pool
  • Spa/hot Tub
  • Billiard Room
  • Clubhouse
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
Subdivision Name:PARAISO BAYVIEWS CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Trash
Complex Name:PARAISO BAYVIEWS
Senior Community:No
Restrictions: Other Restrictions

Parking

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

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActUnverified
Water AccessOther
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Tax InformationTax Reflects No Homestead Tax
Number of times allowed to lease per year3
Flood ZoneX
Homeowner's Association Application Fee100
Rooms DescriptionDen/Library/Office
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number96
Buyer Country of ResidenceUnknown/Withheld

Zoning and Legal

Tax Legal Description:PARAISO BAYVIEWS CONDO UNIT 3703 UNDIV 0.183045% INT IN COMMON ELEMENTS OFF REC 29392-4114
Real Estate Folio Number (Parcel Number):01-32-30-096-1080
Public Survey Township:1
Public Survey Range:32
Public Survey Section:30

Listing History

Update/EventDate/Days
Published Date:June 1, 2023 3:37 pm
On Market Date:June 1, 2023
Close Date:December 4, 2023
Price Change Date Time:September 18, 2023 4:48 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:December 4, 2023 2:41 pm
Status Last Changed:December 4, 2023 2:41 pm
Photos Last Modified:June 1, 2023 7:45 pm
Last Modified:December 4, 2023 7:41 pm
Days on the Market (updated on Last Modified*):125
Cumulative Days on the Market (updated on Last Modified**):125

Additional Information

Unit Location:High Rise
Number of Photos:23
Location:,,
Included:,,
Area:32
Automated Valuation Display:Yes
Courtesy of:BHHS EWM Realty
Universal Property Id:US-12025-N-0132300961080-R-N

Location

Show Property Address:Yes
Street Name:31 St
Street Number:501
Street Direction Prefix:NE
Street Address:501 NE 31 St 3703
Unit Number:3703
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade County
Full Address:501 NE 31 St 3703, Miami, FL 33137
Latitude:N25° 48' 24.8''
Longitude:W81° 48' 45.7''

Neighborhood

Postal City:Miami

Property Map

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