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501 NE 31st St 601Miami, FL 33137

For Sale

$680,000

Smart Buyer Rebate $6,800

Exceptional opportunity to own a 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.

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. Bank-owned property priced to sell.

Listed by Mauricio Rojas

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License #3202068

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Red Road Real Estate Florida

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7863127771

Last updated September 13, 2026

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Source: MIAMIRE #A12032247

Listing Facts

  • TypeCondo
  • NeighborhoodParaiso Bay
  • Bedrooms3
  • Bathrooms2
  • Days on Prevu102
  • HOA/Maint. Fees$1,544/month
  • Taxes$10,687/year
  • Size1,110 sqft
  • Price per sqft$613

Amenities

  • Dishwasher
  • Washer/Dryer
  • Pets Allowed

Location

Mortgage Calculator

Listing History

09/13/2026
Price Decreased
$680,000
06/05/2026
Listed by Red Road Real Estate Florida
$698,750
  1. 09/13/2026$680,000
    Price Decreased
  2. 06/05/2026$698,750
    Listed by Red Road Real Estate Florida

Property Details for 501 NE 31st St 601

Association

Amenities

  • Association Amenities: Tennis Court(s), Management, Hot Water, Parking
  • Pets Allowed: Yes

Fees

  • Association Fee: $1,544.00 Monthly
  • Association Fee Includes: Cable TV, Insurance, Internet, Maintenance Grounds, Sewer, Trash, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 50
  • Year Built: 2018
  • Year Built Details: Resale
  • Architectural Style: High Rise
  • Construction Materials: Block
  • Entry Level: 11
  • Entry Location: 11
  • Exterior Features: Barbecue

Features

  • View: City

Measurements

  • Building Area Total: 1,110
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-32-30-096-0040
  • Tax Annual Amount: $10,687.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Interior Features: Master Downstairs

Measurements

  • Living Area: 1,110

Rooms

  • Bathrooms Full: 2
  • Bathrooms Total Integer: 2
  • Bedrooms Total: 3

Other

Location

  • Subdivision Name: PARAISO BAYVIEWS CONDO

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes

Utilities

Equipment

  • Cooling: Electric
  • Has Cooling: Yes
  • Heating: Electric
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 2 bathrooms in this condo at 501 NE 31st St 601.

Does this condo have parking?

Yes, there is 1 parking space available for 501 NE 31st St 601.

Are pets allowed at 501 NE 31st St?

Yes, 501 NE 31st St allows pets.

What are the annual taxes for 501 NE 31st St 601?

Annual taxes for this condo are estimated at $10,687.

How does 501 NE 31st St 601 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 64 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,110 sqft.

501 NE 31st St 601 is a 3-bedroom, 2-bath condo for sale in Miami FL 33137. On Prevu for 102 days at $680,000. This includes a recent price decrease of $18,750. This residence features 1,110 square feet of living space, located in Paraiso Bay. The median listing price for condos in this area is $902,000. Property amenities include dishwasher, pets allowed, 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.