Home » Miami » Paraiso Bayviews at 501 31st St Miami » 501 NE 31 ST 2201, Miami, FL 33137 | A11483428

Sold 501 NE 31 ST 2201, Miami, FL 33137

$798,000
closed for a price of $795,000

Property Highlights

Listing ID A11483428 Status of this Listing: Closed Sold Property Type Residential Condominium 3 Bedrooms 2 Bathrooms Total 2 Full Bath Living Space 1,110 Sqft/103.12 m2 approx. Building Area 1,110 Sqft/103.12 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 175 Days

501 NE 31 ST 2201, Miami, FL 33137

Property Description: Welcome to your new home or your next investment property, imagine luxury living in this fully furnished, 3 bed + den, 2 bath, located in Miami 's Edgewater district. Centrally located with easy access to I-95, Wynwood, Brickell, Miami Beach, Airport. Enjoy the building 's top-notch amenities including a fitness center, sauna, 2 pools including a rooftop pool on the 46th floor, an events room with pool table, a kids room, an office center, and access to the Paraiso community and Amara (Michael Schwartz restaurant). The unit is currently leased at $5,000/month until end of April. Unit can be leased 12 times a year.

Residential Condominium Sold located at 501 NE 31 ST 2201 Miami FL 33137 in Miami-Dade County referenced as ID MLS # A11483428. 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:Pending Inspections
Previous Asking Price:$839,000
Original List Price:$839,000
Close Price:$795,000
If Bank REO, Short Sale, As Is, etc.:
  • Corporate Listing (Corporate Owned Property)
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
Architectural
Style:
  • High Rise
Entry Level (floor):22
Entry Level Location:22
Construction Materials:
  • Block
Flooring:
  • Tile
  • Ceramic Tile
Number of stories:46

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:Yes
Waterfront Features:
  • Bay Front
  • Other
Swimming Pool Features:
  • Association
Security:
  • Door Man
  • Elevator Secured
  • Lobby Secured
Furnished:
  • Furnished
Accessibility Features:
  • Accessible Elevator Installed
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Washer
  • Built-in Oven
  • Gas Range
  • Electric Range
  • Electric Water Heater
  • Ice Maker
  • Self Cleaning Oven
Interior Features:
  • Breakfast Area
  • Split Bedrooms
  • Walk-in Closet(s)
  • Kitchen/dining Combo
  • Custom Mirrors
  • Elevator
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Porch
  • Tennis Court(s)
Patio and Porch Features:
  • Wrap Around
Window Features:
  • Blinds
  • Impact Glass
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
  • Electric
Heating:Yes
Heating System:
  • Central
  • Electric
Building Features:
  • Exterior Lighting
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$9,179

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:$1,454
Association Fee Frequency:
  • Monthly
Association Fee 3rd HOA:$1,454
Association Fee 3rd HOA Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax,Tax Reflects No Homestead Tax

Terms

Disclosures:
  • Owner Is Listing Agent
Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Tenant
Buyer Possession:
  • Close Of Escrow
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Trash
  • Clubhouse
  • Playground
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Tennis Court(s)
  • Basketball Court
Subdivision Name:PARAISO BAYVIEWS CONDO
Association Fee Includes:
  • Maintenance Grounds
  • Roof
  • Sewer
  • Trash
  • Cable Tv
  • Pool(s)
  • Maintenance Structure
  • Common Areas
  • Reserve Fund
  • Recreation Facilities
  • Amenities
Complex Name:PARAISO BAYVIEWS
Senior Community:No
Development Status:
  • New Construction
Restrictions: Limited Number of Vehicles, No Recreational Vehicles RV, No Truck, Okay to Lease within 1st Year of Ownership

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Attached Garage:Yes
Parking Features:
  • One Space
  • Garage
  • Attached
  • Covered
  • Assigned
  • Valet

Utilities

Utilities Available:
  • Cable Available

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActNo HOPA
Unit DesignCorner Unit,East Of Us1,High Rise
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Tax InformationTax Reflects City & County Tax,Tax Reflects No Homestead Tax
Number of times allowed to lease per year12
Flood ZoneX
Homeowner's Association Application Fee150
Rooms DescriptionDen/Library/Office,Family Room,Other
Style Condo 5+ Stories
FEMA Flood Zone DesignationsX
Municipal Code1
Subdivision Number96
Buy StateNew York
Buyer Country of ResidenceUSA
Water Access Description:Restricted Salt Water Access

Zoning and Legal

Tax Legal Description:PARAISO BAYVIEWS CONDO UNIT 2201 UNDIV 0.306918% INT IN COMMON ELEMENTS OFF REC 29392-4114
Real Estate Folio Number (Parcel Number):01-32-30-096-0190
Public Survey Township:1
Public Survey Range:32
Public Survey Section:30

Listing History

Update/EventDate/Days
Published Date:November 9, 2023 4:36 pm
On Market Date:November 9, 2023
Close Date:May 2, 2024
Price Change Date Time:March 12, 2024 2:17 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 6, 2024 12:46 pm
Status Last Changed:May 6, 2024 12:46 pm
Photos Last Modified:December 22, 2023 2:45 am
Last Modified:May 6, 2024 6:28 pm
Days on the Market Reference Date:May 6, 2024
Days on the Market (updated on Last Modified*):137
Cumulative Days on the Market (updated on Last Modified**):137

Additional Information

Unit Location:Corner Unit,East Of Us1,High Rise
Number of Photos:51
Location:,,
Included:,,
Area:32
Courtesy of:Bayview International Realty
Universal Property Id:US-12025-N-0132300960190-R-N

Location

Show Property Address:Yes
Street Name:31 ST
Street Number:501
Street Direction Prefix:NE
Street Address:501 NE 31 ST 2201
Unit Number:2201
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade County
Full Address:501 NE 31 ST 2201, Miami, FL 33137
Latitude:N25° 48' 24.8''
Longitude:W81° 48' 45.7''

Neighborhood

Postal City:Miami

Property Map

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