$1,502,000
SOLD MAR 20, 2026

One Paraiso 3131 NE 7th Ave Unit 4203 Floor 1 Miami, FL 33137

Edgewater Neighborhood
3 Beds
3.5 Baths
1,526 Sq Ft
2018 Built

Sale Details

Date Sold: March 20, 2026

$984 Per Sq Ft

11% Below List Price

141 Days on Market

Highlights

  • Doorman
  • Community Cabanas
  • Bar or Lounge
  • Ocean View
  • Property Fronts a Bay or Harbor
  • 1-minute walk to Paraiso Park

About This Home

As of March 2026

LOWEST PRICE ON HIGH FLOOR! This 42nd floor 3 bdrm + den/3.5 bath is the lowest priced 3 bedroom interior line on a high floor. It is truly one of a kind, Designer decorated to perfection with museum quality finishes and great attention to detail. All walls and ceilings have been skim coated to a Level 5 finish w/ airless sprayed Sherman Williams Ultra-White paint. With a full price offer, Seller is willing to include all furniture which Restoration Hardware & Design Reach, making it truly a turn key residence! Some of the wonderful upgrades include new closet systems w/ custom mirrors, motorized window treatments, color adjustable LEDS w/ track lighting, Hansgrohe Finoris Collection faucets and Duravit Starck ME One Piece Collection toilets. Includes 1 assigned parking space on the 2nd floor - one of the best spots in the building!

Last Agent to Sell the Property

Denni Jordan

One Sotheby's International Realty License #0708505 Listed on: 10/30/2025

One Sotheby's International Realty

Co-Listed By

Shuyu Wu

One Sotheby's International Realty License #3269557

Last Buyer's Agent

Jason Zarco

BHHS EWM Realty License #3262563

BHHS EWM Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $25,325

Year Built

  • Built in 2018 | Remodeled

Lot Details

  • East Facing Home

HOA Fees

  • $2,379 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • Assigned Parking

Property Views

Home Design

  • Entry on the 42nd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,526 Sq Ft Home
  • Custom Mirrors
  • Furniture for Sale
  • Furniture Can Be Negotiated
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

Eco-Friendly Details

  • Energy-Efficient Lighting
  • Energy-Efficient Thermostat

Schools

  • Hartner; Eneida Elementary School
  • De Diego; Jose Middle School
  • Washington; Brooker T High School

Additional Features

  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-095-1230

Community Details

Overview

  • 281 Units
  • High-Rise Community
  • One Paraiso Condo
  • One Paraiso Condo,One Paraiso Condo Subdivision, R03 Floorplan
  • The community has rules related to no recreational vehicles or boats
  • Property has 1 Level

Amenities

  • Doorman
  • Community Barbecue Grill
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Library
  • Bar or Lounge

Recreation

  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Secure Elevator
  • High Impact Windows
  • High Impact Door

Property Details

Home Type

Condominium

Est. Annual Taxes

$25,325

Year Built

Built in 2018 | Remodeled

Lot Details

0 Sq Ft Lot

HOA Fees

$2,379 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: OSIR07
  • Co List Office Phone: 305-779-2430
  • Directions: Biscayne Blvd. south of I-95 to NE 32nd St (Walgreens on the corner), go east on NE 32nd St and One Paraiso is at the end of the street. Park with valet or at a meter on the street.
  • Entry Level: 42
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • Unit Levels: 1
  • Master Model: R03
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: ONE PARAISO CONDO,One Paraiso Condo
  • Year Built Details: Resale
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Active With Contract
  • CurrentPrice: 1502000
  • InternetRemarks: 42nd floor 3 bdrm + den/3.5 bath, direct bay views, larger balcony, meticulously upgraded with great attention to detail, parking space on 2nd floor
  • ShowingTimeFlag: No
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Custom Mirrors, Split Bedroom, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furniture For Sale, Unfurnished, Furniture Negotiable
  • Living Area: 1526
  • Possible Use: Unknown/Withheld
  • Stories: 53
  • Window Features: Blinds, High Impact Windows
  • Bedroom Features: Other
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Combination Tub & Shower, Dual Sinks

Exterior Features

  • View: Bay, Ocean View
  • Exterior Features: East Of Us1, Open Balcony
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: Updated/Remodeled
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: One Paraiso Condo
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned, Covered, No Rv/Boats

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Secured Garage/Parking

Condo/Co-op/Association

  • Association Fee: 2379
  • Amenities: Bar, Barbecue, Billiard Room, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Exercise Room, Library, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Schools

  • Elementary School: Hartner; Eneida
  • High School: Washington; Brooker T
  • Middle Or Junior School: de Diego; Jose

Lot Info

  • Parcel Number: 01-32-30-095-1230

Green Features

  • Efficiency: Lighting, Thermostat

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2025
  • Tax Annual Amount: 25325

Multi Family

  • Number Of Units In Community: 281
  • Number Of Units Total: 273

Matterport 3D Tour

Floorplan

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 26, 2025
Sold by
Molina Luis Eduardo Pelaez and Eduardo Pelaez Revocable Trust
Bought by
Polinsky David Isidor and Ramirez Alexander Vasquez
Seller's Agent
Maria Corina Martinez
Keller Williams Legacy
Buyer's Agent
Aaron DeMayo
FI Real Estate Brokerage LLC
List Price
$1,800,000
Sold Price
$1,572,500
Premium/Discount to List
-$227,500
-12.64%
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.22%
Original Mortgage
$1,100,000
Outstanding Balance
$1,087,369
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$488,924

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 17, 2025
Sold by
Pelaez Molina and Eduardo Pelaez Revocable Trust
Bought by
Polinsky David
Seller's Agent
Maria Corina Martinez
Keller Williams Legacy
Buyer's Agent
Aaron DeMayo
FI Real Estate Brokerage LLC
List Price
$1,800,000
Sold Price
$1,572,500
Premium/Discount to List
-$227,500
-12.64%
Views
183

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Outstanding Balance
$1,087,369
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$488,924

Purchase Details

Closed on
Apr 2, 2019
Sold by
One 4203 Llc
Bought by
Eduardo Pelaez Revocable Trust

Purchase Details

Closed on
Aug 6, 2018
Sold by
Thirty First Street Property Owner Llc
Bought by
One 4203 Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,572,500 Union Title
Warranty Deed $1,572,500 Union Title
Warranty Deed $1,572,500 Union Title
Quit Claim Deed -- Attorney
Special Warranty Deed $1,270,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,100,000 New Conventional
Closed $1,100,000 New Conventional
Closed $1,100,000 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/20/2026 03/20/26 Sold $1,502,000 -5.5% $984 / Sq Ft
01/27/2026 01/27/26 Price Changed $1,589,000 -2.2% $1,041 / Sq Ft
11/21/2025 11/21/25 Price Changed $1,625,000 -3.8% $1,065 / Sq Ft
10/30/2025 10/30/25 For Sale $1,689,000 +7.4% $1,107 / Sq Ft
03/18/2025 03/18/25 Sold $1,572,500 -7.0% $1,030 / Sq Ft View Prior Sale
01/21/2025 01/21/25 Price Changed $1,690,000 -4.0% $1,107 / Sq Ft
01/14/2025 01/14/25 Price Changed $1,760,000 -2.2% $1,153 / Sq Ft
01/07/2025 01/07/25 For Sale $1,800,000 0.0% $1,180 / Sq Ft
11/01/2023 11/01/23 Rented $8,500 -6.6% --
10/12/2023 10/12/23 Under Contract -- -- --
09/28/2023 09/28/23 Price Changed $9,100 -4.2% $6 / Sq Ft
09/15/2023 09/15/23 Price Changed $9,500 -3.1% $6 / Sq Ft
08/25/2023 08/25/23 Price Changed $9,800 -2.0% $6 / Sq Ft
05/02/2023 05/02/23 Price Changed $10,000 -9.1% $7 / Sq Ft
04/19/2023 04/19/23 For Rent $11,000 +15.8% --
06/01/2021 06/01/21 Rented $9,500 0.0% --
05/10/2021 05/10/21 For Rent $9,500 -- --
Source: MIAMI REALTORS® MLS

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,319 $1,267,032 -- --
2024 $24,175 $1,194,529 -- --
2023 $24,175 $1,085,936 $0 $0
2022 $20,647 $987,215 $0 $0
2021 $19,068 $897,469 $0 $0
2020 $17,699 $830,990 $0 $0
2019 $20,158 $944,307 $0 $0
2018 $1,050 $65,450 $0 $0
2017 $1,011 $38,991 $0 $0
2016 $993 $35,447 $0 $0
2015 $717 $32,225 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11903274

MIAMI REALTORS® MLS

APN: 01-3230-095-1230

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