Condominium

501 NE 31st St # 802

501 NE 31st St # 802, Miami FL 33137 Get directions

$481,000

For Sale

1 Bed · 1 Bath · 622 SqFt

See estimated monthly cost

This listing is courtesy of Avanti Way Realty LLC. Jose Oliveira Coronel

Overview

Investor opportunity: Leased through June 30, 2027. Immediate rental income from day one. Beautiful 1-bedroom, 1.5-bath residence at Paraiso Bayviews featuring floor-to-ceiling impact windows, abundant natural light, and a spacious private balcony with partial water views. Thoughtfully designed open-concept layout, ideal for both end users and investors. Assigned parking space conveniently located on the same access level as the residence, providing direct access without ramps. Enjoy an outstanding collection of resort-style amenities, including two swimming pools, one located on the spectacular 46th-floor rooftop with breathtaking views of Biscayne Bay and the Miami skyline, state-of-the-art fitness center, spa, sauna, tennis courts, children's playroom, business center, social lounges, valet parking, and 24-hour concierge service. Ideally located in the heart of the Paraiso District, within walking distance to Whole Foods Market, restaurants, cafés, pharmacies, and banks, and just minutes from Midtown, Design District, Wynwood, Downtown Miami, and Miami Beach. A rare chance to own in one of Miami's most sought-after addresses, whether as a primary residence, second home, or income-producing investment property.

Facts & features

Interior

Living area (sq ft)
622
Full bathrooms
1
Half bathrooms
1
Furnished
Partially
  • Fire Sprinklers
  • Walk-In Closet(s)

Building & exterior

Year built
2018
Garage spaces
1
Covered spaces
1
  • Bay
  • Garden View
  • East Of Us1
  • Barbeque
  • 1 Space
  • Assigned
  • Covered

HOA (homeowners association)

Association fee
$850 per month
Pets allowed
Yes
  • Basketball Court
  • Barbecue
  • Child Play Area
  • Community Room
  • Elevator(s)
  • Exercise Room
  • Exterior Lighting
  • Other
  • Pool
  • Sauna
  • Spa/Hot Tub
  • Tennis Court(s)
  • Trash Chute
  • Exterior Alterations
  • No Daily Rentals
  • No Trucks/Rv'S

Taxes

Annual tax
$7,030
Tax year
2025
Parcel number
01-32-30-096-0430

Listing

MLS number
A12032495
Property type
Condominium
Price per SqFt
$773
Subdivision
PARAISO BAYVIEWS CONDO,The Related Group
On market since
Jun 6, 2026
Days on market
81

Estimated monthly cost

$4,229 per month

Principal & interest (30 yr)
$2,432
Property tax
$586
Insurance (estimated)
$361
Association fee
$850

An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.

Location

See this area on the search map

Nearby schools

  • Cherry Blossom Learning Center II Private · PK-KG · 0.33 mi
  • Design & Architecture Senior High Public · 9-12 · 0.50 mi
  • Eximia School Private · 06-12 · 0.55 mi
  • MIA Piccolo Montessori School Private · PK-KG · 0.59 mi
  • Metropolitan International School of Miami Private · PK-08 · 0.74 mi
  • Young Men''s Preparatory Academy Senior High Public · 6-12 · 0.74 mi
  • Centner Academy - Preschool Private · PK-KG · 0.76 mi
  • Miami Arts Charter School Charter · 6-12 · 0.80 mi
  • Ebenezer Christian Academy Private · PK-12 · 0.86 mi
  • BridgePrep Academy of Greater Miami Charter · K-5 · 0.87 mi
  • ASPIRA Arts DECO Charter Charter · 6-8 · 0.92 mi
  • Centner Academy - Elementary School Private · 01-05 · 0.93 mi
  • Centner Academy - Middle and High Schools Private · 06-08 · 0.93 mi
  • Eneida Massas Hartner Elementary Public · PK-5 · 0.94 mi
  • Care Elementary School Private · KG-06 · 0.95 mi

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