Condo in 501 NE 31st Street 4002, Miami, FL 33137 for sale with MLS# A12110887

LOWER PENTHOUSE | 12-FT CEILINGS | DIRECT BAY VIEWS. Residence 4002 sits on the lower penthouse level of Paraiso Bayviews, 40 floors above Biscayne Bay, where 12-foot ceilings and floor-to-ceiling impact glass frame open views of the bay, the Miami Beach skyline and the Atlantic beyond. This 1-bedroom plus den, 1.5-bath home offers 622 SF of interior living, a 13'8" x 10'6" primary suite and a 22'10" living and dining room opening to a 139 SF northeast-facing balcony made for sunrise over the water. Open kitchen with sleek European cabinetry and built-in appliances, in-unit laundry, tile floors throughout and built-in closet cabinetry. One assigned covered parking space with valet. Paraiso Bayviews, by The Related Group with architecture by Arquitectonica, delivers a full resort lifestyle: rooftop pool deck, second pool and spa, sauna and treatment rooms, fitness center, tennis and paddle courts, theater, billiards, kids room, club room, BBQ areas, 24-hour front desk and valet. Step out to the bayfront park and promenade of the Paraiso District, walk to the shops and restaurants of Midtown Miami, and reach the Miami Design District, Wynwood, Brickell and Downtown in minutes, Miami Beach via the Julia Tuttle Causeway and Miami International Airport in about 20 minutes. Tenant occupied, a turnkey opportunity for investors or a future pied-a-terre in one of Miami's most connected waterfront neighborhoods. Lower penthouse level (40th floor of 44) with 12-ft ceilings. Line 02 one-bedroom plus den (9'0" x 5'7") with half bath for guests. Primary bedroom 13'8" x 10'6", living/dining 22'10" x 11'8", balcony 139 SF per developer plan. Northeast exposure with direct bay and ocean views. Impact glass, central A/C, one assigned covered parking space with valet. Building amenities: rooftop pool, second pool, spa, sauna, treatment rooms, fitness center, tennis and paddle courts, theater, billiards, kids room, club room, BBQ areas, 24-hour front desk, valet. Location: Paraiso District, Edgewater, steps to Paraiso Park and the baywalk, walking distance to Midtown Miami, minutes to the Design District, Wynwood, Brickell, Downtown and Miami Beach.

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501 NE 31st Street 4002, Miami, FL 33137

Price
Price:
$519,000.00
Original List Price:
$519,000.00
List Price per Sq Ft (Calculated, Approx.):
$834.4
More Listings Same Building:
Paraiso Bayviews in 501 31st St Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
October 23, 2026 4:00 am
Other Special Conditions:
Corporate Owned
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
1
Half Bath:
1
Room Type:
Laundry, Den, Living Room, Master Bedroom
Master Bedroom Bath:
Separate Shower, Dual Sinks, Bedroom On Entry Level
Dining Area:
Eat-in Kitchen, Dining/Living Room
Measures
Living Area:
622 Sqft
Property Features
View from the Property:
Ocean, Water, Bay, Skyline
Waterfront:
Yes
Waterfront Features:
Fixed Bridge, Bayfront
Security:
Smoke Detector(s), Fire Sprinkler System, Security System, Closed Circuit Camera(s), Secured Garage/Parking, Fire Alarm, Lobby - Attended, Elevator Secure
Furnished:
Unfurnished
Accessibility:
Accessible Elevator Installed
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
Interior:
High Ceilings, Closet Cabinetry, Built-in Features, Elevator
Exterior:
Balcony
Windows:
Blinds
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Boat and Dock Features:
Ramp
Property Entrance Faces:
Northeast
Unit Description:
High Rise, Penthouse
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2018
Levels:
Two
Construction Materials:
Block, Pre-cast Concrete Construction
Flooring:
Tile
Number of stories:
44
Number of Units in the Community or Building:
391
Stories:
1
Road Frontage Type:
East of US-1
Flood Zone Code:
X
Taxes and Expenses
Tax Annual Amount:
$7,147.00
Tax Year:
2025
Association Fee:
$868.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage, Attached, Assigned, Valet, Attached Garage
Utilities
Electric:
Circuit Breakers
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval, Association Approval Required
Association Type:
Condominium
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
12
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Heated Pool, Pool, Sauna, Spa/hot Tub, Trash Chute, Billiard Room, Clubhouse, Playground, Management, Maintenance, Elevator(s), Fitness Center, Picnic Area, Tennis Court(s)
Building Name:
501
Subdivision Name:
PARAISO BAYVIEWS CONDO
Association Fee Includes:
Sewer, Water, Trash, Cable Tv, Security, Maintenance Structure, Common Areas, Insurance, Internet, Hot Water, Elevator, Pool Service, Recreation Facility
Senior Community:
No
Development Name:
PARAISO BAYVIEWS
Restrictions:
Other Restrictions, Limited # Vehicles
Minimum Days per Lease:
30
Community Dock
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Subject To Tenant Rights
Zoning and Legal
Tax Legal Description:
PARAISO BAYVIEWS CONDO UNIT 4002 UNDIV 0.171985% INT IN COMMON ELEMENTS OFF REC 29392-4114
Real Estate Folio Number (Parcel Number):
0132300960740
Public Schools Assigned
Elementary School:
Eneida Massas Hartner
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
October 23, 2026
Listing Agreement executed on:
October 23, 2026
Listing Status Last Changed On:
October 23, 2026 4:00 am
Photos updated on:
October 23, 2026 7:06 pm
Last Modified:
October 24, 2026 12:03 am
Additional Information
Courtesy of:
Alure Capital
Attribution:
Not provided
Location
Floor Number:
40
Street Name:
31st
Street Number:
501
Unit Number:
4002
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.