Condo in 501 NE 31st Street 601, Miami, FL 33137 for sale with MLS# A12032247

Beautifully FURNISHED 3-Bedroom, 2-Bath residence at Paraiso Bayviews in the heart of Miami's vibrant Edgewater neighborhood. This thoughtfully designed 1,110 SF home features stylish wallpaper throughout, upgraded designer lighting, and a spacious open layout ready for immediate occupancy. Located on the 6th floor, the residence offers pleasant city views and abundant natural light. Rented until Feb 2027 at $6K per month. Paraiso Bayviews is one of Edgewater's premier lifestyle destinations, offering resort-style amenities including a rooftop pool with panoramic bay views, state-of-the-art fitness center, tennis courts, spa, children's playroom, clubhouse, summer kitchens, and more. Residents also enjoy access to the renowned Amara at Paraiso waterfront restaurant by award-winning chef Michael Schwartz.Investor-friendly building allows 30-day rentals up to 12 times per year, making this an excellent option for both end-users and income-focused buyers. Ideally located just minutes from the Design District, Midtown Miami, Wynwood, Downtown Miami, Brickell, Miami Beach, and Miami International Airport. CURRENTLY RENTED FOR $6,000 PER MONTH UNTIL FEB 18TH.

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501 NE 31st Street 601, Miami, FL 33137

Price
Price:
$649,900.00
Original List Price:
$698,750.00
List Price per Sq Ft (Calculated, Approx.):
$585.49
More Listings Same Building:
Paraiso Bayviews in 501 31st St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Reduced
Last Major Update on:
November 1, 2026 7:38 pm
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
3
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
1,110 Sqft
Built-Up Area:
1,110 Sqft
Property Features
View from the Property:
Skyline
Waterfront:
No
Security:
Smoke Detector(s), Key Card Entry, Security Guard, Secured Garage/Parking, Security Fence, Elevator Secure
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Water Heater
Exterior:
Barbecue
Air Conditioning
Air Conditioning System:
Electric
Heating
Heating System:
Electric
Unit Description:
High Rise
Construction
Year Built:
2018
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Number of stories:
50
Flood Zone Code:
X
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$10,687.00
Tax Year:
2025
Association Fee:
$1,544.00
Association Fee Frequency:
Monthly
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
12
Amenities Provided by the Homeowner's Association (HOA):
Management, Tennis Court(s), Parking, Lobby
Subdivision Name:
PARAISO BAYVIEWS CONDO
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Cable Tv, Insurance, Internet, Hot Water
Senior Community:
Yes
Restrictions:
Other Restrictions, See Remarks
Minimum Days per Lease:
30
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Cryptocurrency, Lease with Buyer Option to Purchase Agreement
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
PARAISO BAYVIEWS CONDO UNIT 601 UNDIV 0.306918% INT IN COMMON ELEMENTS OFF REC 29392-4114
Real Estate Folio Number (Parcel Number):
0132300960040
Public Schools Assigned
Elementary School:
Floresta
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
June 4, 2026
Listing Agreement executed on:
June 5, 2026
Price change occurred on:
November 1, 2026 7:38 pm
Listing Status Last Changed On:
June 5, 2026 4:00 am
Photos updated on:
October 6, 2026 6:53 pm
Last Modified:
November 6, 2026 9:59 pm
Additional Information
Courtesy of:
Red Road Real Estate Florida
Attribution:
Not provided
Location
Floor Number:
6
Street Name:
31st
Street Number:
501
Unit Number:
601
City:
Miami
State:
Florida
Zip Code:
33137
County:
Miami-Dade
Latitude:
N25° 48' 24.7''
Longitude:
W81° 48' 45.1''
Street Suffix:
Street
Street Direction Prefix:
NE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $82,798
Median Home Value $532,900
Median Rent $2,338/mo
Median Age 34
Population 27,300
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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.