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501 NE 31st St 4002, Miami FL 33137
501 NE 31st St 4002, Miami FL 33137
Florida>Miami>Paraiso Bay

501 NE 31st St 4002Miami, FL 33137

For Sale

$519,000

Smart Buyer Rebate $5,190

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.

Listed by Adam Redolfi

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License #3585733

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Alure Capital

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7863289237

Last updated October 23, 2026

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Source: SEF #A12110887

Listing Facts

  • TypeCondo
  • NeighborhoodParaiso Bay
  • Bedrooms1
  • Bathrooms1.5
  • Days on Prevu8
  • HOA/Maint. Fees$868/month
  • Taxes$7,147/year
  • Size622 sqft
  • Price per sqft$834

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

10/23/2026
Listed by Alure Capital
$519,000
  1. 10/23/2026$519,000
    Listed by Alure Capital

Property Details for 501 NE 31st St 4002

Association

Amenities

  • Association Amenities: Billiard Room, Clubhouse, Fitness Center, Barbecue, Picnic Area, Playground, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash, Elevator(s), Management, Hot Water
  • Pets Allowed: Cats OK, Dogs OK, Yes

Fees

  • Association Fee: $868.00 Monthly
  • Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Structure, Sewer, Security, Trash, Water

General

  • Number Of Units In Community: 391

Exterior

Construction

  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 44
  • Window Features: Blinds
  • Year Built: 2018
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise, Penthouse
  • Construction Materials: Block, Concrete
  • Entry Level: 40
  • Entry Location: 40
  • Exterior Features: Balcony

Features

  • Direction Faces: Northeast
  • Pool Features: Association, Heated
  • View: Bay, Ocean, Skyline, Water
  • Waterfront: Yes

Measurements

  • Lot Features: Waterfront
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-32-30-096-0740
  • Tax Annual Amount: $7,147.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring: Tile
  • Interior Features: Built-in Features, Eat-in Kitchen, High Ceilings, Elevator, Master Downstairs

Measurements

  • Living Area: 622
  • Living Area Source: Owner

Rooms

  • Bathrooms Full: 1
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 1
  • Rooms Total: 3

Other

Features

  • Accessibility Features: Accessible Entrance, Accessible Elevator Installed

Location

  • City Region: Edgewater
  • Subdivision Name: PARAISO BAYVIEWS CONDO

Parking

Parking

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

Schools

Elementary School

  • Elementary School: Hartner; Eneida

High School

  • High School: Washington; Brooker T

Middle or Junior School

  • Middle Or Junior School: De Diego; Jose

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Utilities: Cable Available

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1.5 bathrooms in this condo at 501 NE 31st St 4002.

What schools are nearby to 501 NE 31st St 4002?

Nearby schools include the Hartner; Eneida Elementary School, De Diego; Jose Middle School, and Washington; Brooker T High School.

Does this condo have parking?

Yes, there is 1 parking space available for 501 NE 31st St 4002.

Are pets allowed at 501 NE 31st St?

Yes, 501 NE 31st St allows pets. Check the Property Details for any relevant restrictions.

What are the annual taxes for 501 NE 31st St 4002?

Annual taxes for this condo are estimated at $7,147.

How does 501 NE 31st St 4002 compare to other condos in Paraiso Bay?

This condo is listed 60% below the average price for condos in Paraiso Bay and has been on the market for 217 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 622 sqft.

501 NE 31st St 4002 is a 1-bedroom, 1.5-bath condo for sale in Miami FL 33137. Available on Prevu for 8 days at $519,000. This home features 622 square feet of living space, located in Paraiso Bay. The median listing price for condos in this area is $879,000. Nearby schools include Hartner; Eneida Elementary School, De Diego; Jose Middle School, and Washington; Brooker T High School. The home offers dishwasher, pets allowed, elevator, air conditioning, fitness center, parking, swimming pool, and washer/dryer. Explore more condo listings in Miami.

Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.