Home » Miami » Paraiso Bayviews at 501 31st St Miami » 501 NE 31st St 2507, Miami, FL 33137 | A11514449

Sold 501 NE 31st St 2507, Miami, FL 33137

$524,000
closed for a price of $510,000

Property Highlights

Listing ID A11514449 Status of this Listing: Closed Sold Property Type Residential Condominium 1 Bedrooms 2 Bathrooms Total 1 Full Bath 1 Half Bath Living Space 746 Sqft/69.31 m2 approx. Building Area 746 Sqft/69.31 m2 approx. POOL Year Built 2018 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 115 Days

501 NE 31st St 2507, Miami, FL 33137

Property Description:

Useful Info

Original List Price:$524,000
Close Price:$510,000
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
Architectural
Style:
  • High Rise
Entry Level (floor):25
Entry Level Location:25
Construction Materials:
  • Block
Flooring:
  • Carpet
  • Ceramic Tile
Number of stories:46
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Bay
Waterfront:No
Swimming Pool Features:
  • Heated
Security:
  • Smoke Detector(s)
  • Door Man
Appliances:
  • Dryer
  • Dishwasher
  • Microwave
  • Refrigerator
  • Washer
  • Electric Range
Interior Features:
  • Elevator
Exterior Features:
  • Balcony
Patio and Porch Features:
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Central Air
Heating:Yes
Heating System:
  • Central

Taxes and Expenses

Tax Annual Amount:$5,464

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:2023
Association Fee:$964
Association Fee Frequency:
  • Monthly
Property Tax Status:Tax Reflects City & County Tax

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
Occupant Type:
  • Vacant
Buyer Possession:
  • Other
Buyer Financing:
  • Cash
Lease Considered:Yes

Community

Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Pool
  • Sauna
  • Billiard Room
  • Trash
  • Clubhouse
  • Elevator(s)
  • Fitness Center
  • Tennis Court(s)
Subdivision Name:PARAISO BAYVIEWS CONDO
Association Fee Includes:
  • Sewer
  • Water
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Parking
  • Hot Water
  • Recreation Facilities
Complex Name:PARAISO BAYVIEW
Senior Community:No
Restrictions: Corporate Buyer OK, Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage:Yes
Garage Spaces:1
Covered Spaces:1
Parking Features:
  • Valet

More Details

Other Information:
Unit ViewBay
Housing Older Persons ActNo HOPA
Unit DesignHigh Rise
Type of AssociationCondo
Minimum Number of Days for Lease30
Type of Governing BodiesCondominium
Tax InformationTax Reflects City & County Tax
Number of times allowed to lease per year12
Flood ZoneX
Homeowner's Association Application Fee200
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 2507 UNDIV 0.206271% INT IN COMMON ELEMENTS OFF REC 29392-4114
Real Estate Folio Number (Parcel Number):01-32-30-096-2440
Public Survey Township:1
Public Survey Range:32
Public Survey Section:30

Listing History

Update/EventDate/Days
Published Date:January 14, 2024 7:49 pm
On Market Date:January 14, 2024
Close Date:May 8, 2024
Price Change Date Time:January 14, 2024 7:49 pm
Last Important Update Description:Closed
Date and Time of Last Important Update:May 19, 2024 3:14 pm
Status Last Changed:May 19, 2024 3:14 pm
Photos Last Modified:January 15, 2024 1:04 am
Last Modified:May 19, 2024 7:14 pm
Days on the Market Reference Date:May 19, 2024
Days on the Market (updated on Last Modified*):85
Cumulative Days on the Market (updated on Last Modified**):188

Additional Information

Unit Location:High Rise
Number of Photos:72
Location:,,
Included:,,
Area:32
Courtesy of:IRA Properties, LLC.
Universal Property Id:US-12025-N-0132300962440-R-N

Location

Show Property Address:Yes
Street Name:31st St
Street Number:501
Street Direction Prefix:NE
Street Address:501 NE 31st St 2507
Unit Number:2507
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade County
Full Address:501 NE 31st St 2507, Miami, FL 33137
Latitude:N25° 48' 24.8''
Longitude:W81° 48' 45.7''

Neighborhood

Postal City:Miami

Property Map

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