Section Image

Paraiso I : Paraiso Bay

Paraiso I : Paraiso Bay

Paraiso I : Paraiso Bay
Condominium Building Complex
The Costar Building Rating

A rating for the building relative to other buildings of the same type throughout the country. Learn more

650 NE 32nd St,
Miami, FL 33137-4244
325 Units
55 Stories
2018 Year Built
$608K - $5.3M Value Range

Available Units

For Sale
For Rent

Highlights

  • Concierge
  • Ocean Front
  • Boat Ramp
  • Golf Course Community
  • Community Cabanas
  • 1 min walk to Paraiso Park

Luxury living in Miami's vibrant Edgewater district

Paraiso I : Paraiso Bay stands as a striking addition to Miami's Edgewater skyline. Completed in 2018, this 55-story tower designed by renowned Arquitectonica International Corporation houses 325 luxury condominiums. The sleek glass facade reflects the shimmering waters of Biscayne Bay, offering residents breathtaking views of the city and beyond. Situated in the heart of Edgewater, Paraiso Bay exemplifies the neighborhood's transformation into a coveted coastal community, blending artistic charm with urban energy. The development is part of a larger complex that has become synonymous with upscale living in this rapidly evolving area of Miami.

Diverse layouts with expansive views and luxurious finishes

Paraiso Bay offers a wide range of living spaces to suit various preferences, from cozy studios to expansive six-bedroom residences. Studios, starting at approximately 400 square feet, provide efficient living with prices around $1,470,000. One-bedroom units range from 706 to 1,279 square feet, featuring 1.5 to 2 bathrooms, with prices spanning $639,990 to $850,999. For those seeking more space, two-bedroom configurations vary from 1,067 to 3,047 square feet, offering up to 3 bathrooms, and are priced between $857,000 and $990,000. The three-bedroom units, spanning 1,646 to 5,033 square feet with 3 to 4.5 bathrooms, command prices from $1,449,000 to $5,900,000. Larger families or those desiring ultimate luxury can opt for the four-bedroom residences, ranging from 1,872 to 4,300 square feet with 4.5 to 6 bathrooms, priced between $1,500,000 and $1,675,000. The pinnacle of opulence is found in the five-bedroom units at approximately 4,200 square feet with 5.5 bathrooms, and the grand six-bedroom residences, spanning about 6,700 square feet with 6 full and 2 half bathrooms, priced around $5,850,000. All units boast floor-to-ceiling windows, maximizing natural light and showcasing panoramic views of Biscayne Bay, Miami Beach, and the city skyline. High-end finishes are standard throughout, including marble flooring, custom cabinetry, and state-of-the-art appliances from brands like Sub-Zero and Bosch. Many residences feature private elevator access, spacious walk-in closets, and expansive terraces perfect for outdoor entertaining. Select units include custom upgrades such as smart home systems controlling lighting, audio, and climate, as well as designer furnishings from luxury brands like Restoration Hardware and BnB Italia.

World-class amenities for an unparalleled lifestyle

Paraiso Bay elevates condominium living with an impressive array of amenities designed for relaxation, entertainment, and wellness. The crown jewel is the lagoon-style pool overlooking Biscayne Bay, offering a resort-like atmosphere with poolside cabanas and a summer kitchen. Fitness enthusiasts will appreciate the state-of-the-art gym, tennis courts, and putting green, while those seeking relaxation can indulge in the full-service spa with sauna and treatment rooms. For entertainment, residents can enjoy the private beach club, bowling alley, and golf simulator. Social gatherings are effortless with multiple lounges, including a wine cellar, cigar room, and a rooftop terrace featuring an outdoor kitchen, Jacuzzi, and dining areas with panoramic views. A private screening room provides the perfect setting for movie nights. The building also caters to families with a children's playroom and game room. Business needs are met with a fully-equipped business center and conference rooms. Convenience is key, with 24-hour security, valet parking, and concierge services ensuring residents' needs are always met. The on-site Amara restaurant, helmed by James Beard Award-winning chef Michael Schwartz, offers world-class dining without leaving the complex. Paraiso Bay's amenities extend to practical luxuries such as private storage units, a meditation garden, and even dock access for boat pick-up and water activities, truly embodying the Miami waterfront lifestyle.

Edgewater: Miami's emerging waterfront gem

Paraiso Bay is situated in Edgewater, a vibrant coastal neighborhood that has rapidly transformed into one of Miami's most desirable areas. This burgeoning district offers a perfect blend of urban convenience and waterfront tranquility, with easy access to some of the city's most exciting destinations. The area surrounding Paraiso Bay is dotted with an eclectic mix of dining options. From the upscale Amara at Paraiso, located within the complex, to local favorites like NOA for sushi and Enriqueta's Sandwich Shop for authentic Cuban fare, residents have a wealth of culinary experiences at their doorstep. For those who enjoy cooking at home, Verde Market and several small local markets provide fresh produce and gourmet ingredients. Shopping enthusiasts will appreciate the proximity to The Shops at Midtown Miami, housing everything from Target to high-end boutiques. The nearby Design District offers world-class luxury shopping, while Bayside Marketplace provides a waterfront shopping and dining experience just a short drive away. Outdoor recreation is abundant, with Margaret Pace Park offering 8 acres of waterfront green space, tennis courts, and a dog park. The Miami Beach area, accessible via a short bike ride across the Venetian Causeway, provides miles of sandy beaches and vibrant nightlife. Cultural attractions abound in the neighboring Arts and Entertainment District. Residents can enjoy events at the Adrienne Arsht Center for the Performing Arts, explore exhibitions at the Pérez Art Museum Miami, or immerse themselves in the street art scene of Wynwood. The annual Miami Book Fair and Miami Film Festival bring world-class talent to the area, further enriching the cultural landscape. Edgewater's strategic location places residents minutes away from Downtown Miami's business district, the hip Wynwood Art District, and the luxury shopping of the Design District, making Paraiso Bay an ideal home base for those seeking to experience the best of Miami's dynamic urban lifestyle.

Convenient access to Miami's key destinations

Paraiso Bay's location in Edgewater offers residents multiple transportation options for navigating Miami and beyond. The neighborhood's layout encourages walking and cycling, with many daily necessities within reach on foot or by bike. For longer journeys, the nearby Metromover station at Adrienne Arsht Center, about a mile and a half away, connects to the broader Metrorail system, facilitating car-free travel throughout much of Miami. For those preferring to drive, major thoroughfares are easily accessible. Interstate 95 is just a few blocks away, providing quick routes to Downtown Miami, Brickell, and other key areas of the city. The Airport Expressway offers a direct path to Miami International Airport, with the journey taking approximately 20 minutes by car. Miami International Airport, the city's main hub for domestic and international travel, is about 10 miles from Paraiso Bay. For those traveling to destinations further north, Fort Lauderdale/Hollywood International Airport is accessible within a 35-minute drive. The building's location also allows for alternative transportation methods. Water taxis and boat services are available from nearby marinas, offering a unique way to explore Miami's waterways and coastal areas. Additionally, ride-sharing services are readily available in the area, providing another convenient option for getting around the city. Paraiso Bay's prime location in Edgewater ensures that residents have multiple transportation options at their disposal, whether commuting for work or leisure, making it an ideal base for those who value connectivity and ease of movement in Miami's dynamic urban landscape.

Available Units

Building Details

Views

  • Direct Ocean
  • Intracoastal
  • Bay
  • Skyline
  • Canal
  • Pool
  • Tennis Court

Recreation

  • Community Cabanas
  • Heated In Ground Pool
  • Heated Above Ground Pool
  • Outdoor Pool
  • Spa
  • Heated Community Pool
  • Community Spa
  • Outdoor Tennis Courts
  • Billiard Room
  • Boat Ramp
  • Boat Dock
  • Golf Course Community
  • Beach Club Membership Available
  • Recreation Facilities
  • Handball Court
  • Community Playground
  • Fitness Center
  • Fishing
  • Putting Green
  • Park
  • Bike Trail

Outdoor Features

  • Property has ocean access
  • Ocean Front
  • Home fronts navigable water
  • Property fronts an intracoastal waterway
  • Property Fronts a Bay or Harbor
  • Home fronts a canal
  • Sundeck
  • Community Barbecue Grill
  • Picnic Area

Amenities

  • Concierge
  • Doorman
  • Sauna
  • Clubhouse
  • Theater or Screening Room
  • Game Room
  • Community Kitchen
  • Business Center
  • Community Center
  • Party Room
  • Community Library
  • Recreation Room
  • Bar or Lounge
  • Bike Room
  • Community Storage Space
  • Gated with Attendant
  • Resident Manager or Management On Site
  • Card or Code Access
  • Complex Is Fenced

Parking

  • 1 - 3 Parking Garage Spaces Per Unit
  • 1 Carport Space Per Unit
  • 1 Car Garage
  • 1 Carport Space
  • Over 1 Space Per Unit
  • Guest Parking
  • On-Street Parking
  • Open Parking
  • Secure Parking
  • Valet Parking

Pet Policy

  • Pet Size Limit
  • Dogs Allowed
  • Breed Restrictions

Condo Association

  • $1,200 Monthly HOA Fees
  • Monthly HOA Fees Range from $561 - $5,302
  • Association fees include amenities, common areas, cable TV, ground maintenance, maintenance structure, parking, security, water
  • Club Membership Required
  • Paraiso Bay Condo
  • Paraiso Bay Condo Subdivision

Building Design

  • Elevator
  • High Impact Windows
  • High Impact Door
  • Fire Sprinkler System
  • High-Rise Condominium
  • Trash Chute
  • Intercom to Front Desk
  • Secure Lobby
  • Secure Elevator

Unit Features

  • Laundry Room
  • Washer and Dryer Hookup
  • Balcony

Unit Information By Building

Beds
2 Beds
2 Beds
2 Beds
1 Bed
2 Beds
1 Bed
2 Beds
2 Beds
1 Bed
4 Beds
Baths
3 Baths
3 Baths
2 Baths
1.5 Baths
3 Baths
1.5 Baths
2 Baths
3 Baths
2 Baths
4.5 Baths
Sq Ft
1,175
1,198
898
706
1,193
706
1,067
1,151
898
1,872
Price
$910,000
$899,999
$850,000
$634,900
$940,000
$650,000
$950,000
$940,000
$798,000
$1,595,000
Price / Sq Ft
$774 / Sq Ft
$751 / Sq Ft
$947 / Sq Ft
$899 / Sq Ft
$788 / Sq Ft
$921 / Sq Ft
$890 / Sq Ft
$817 / Sq Ft
$889 / Sq Ft
$852 / Sq Ft
List Date
11/08/2024
12/16/2024
04/16/2025
01/14/2025
03/12/2025
11/19/2024
03/03/2025
02/19/2025
03/26/2025
03/13/2025

Unit Size and Value Ranges

1 Bedroom Units
Sq Ft Range
706 - 1,279
Est. Values
$608,016 - $865,120
2 Bedroom Units
Sq Ft Range
898 - 3,047
Est. Values
$879,819 - $2,193,883
3 Bedroom Units
Sq Ft Range
1,646 - 5,033
Est. Values
$1,243,382 - $4,649,424
4 Bedroom Units
Sq Ft Range
1,872 - 4,300
Est. Values
$1,595,584 - $4,240,845
5 Bedroom Units
Sq Ft Range
2,349
Est. Values
$3,544,254
6 Bedroom Units
Sq Ft Range
6,676
Est. Values
$5,316,647
All Units
Sq Ft Range
706 - 6,676
Est. Values
$608,016 - $5,316,647

Map

Area Factors

High Crime

Crime Score®

7 / 10

Bikeable

Bike Score®

68 / 100

Very Walkable

Walk Score®

80 / 100

Some Transit

Transit Score®

48 / 100
Sources: WhatIsMyCrimeRisk.com, Walk Score
Sources: WhatIsMyCrimeRisk.com, Walk Score

WhatIsMyCrimeRisk.com, Powered by CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks. Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

Environmental Factors

Active

Sound Score®

68 / 100

--

Air Pollution®

N/A / 10

--

Flood Factor®

N/A / 10

--

Fire Factor®

N/A / 10

--

Heat Factor®

N/A / 10

--

Wind Factor®

N/A / 10
Source: First Street, How Loud
Sources: First Street, How Loud

Sound Score® measures the noise level of any address. Environmental risk data is provided by First Street Foundation® and is designed to approximate risk and not intended to include all possible scenarios.

Parks in this Area

Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology
Disclaimer: Please note that this building may not be in these schools' attendance zones.

Agents Active in this Building

See All Agents

Property Taxes

Range in Assessed Values
$352K - $3.5M
Range of Taxes in Building
$7,379 - $69,990
Range of Taxes per Sq Ft
$7.36 - $17.26

Property Tax History

Source: Public Records

Similar Condominium Buildings

Building Website

Building Team

Developer
The Related Group
Architect
Arquitectonica International Corporation
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed and should be independently verified.