NOT LISTED FOR SALE

501 NE 31st St Unit 1209 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $595,000 - $610,000

2 Beds
2 Baths
944 Sq Ft
$1,221/mo HOA Fee

Last Sold December 27, 2024

Last sale price $600,000 $636 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $5,386/month

66 Days on Market

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • Community Cabanas
  • Fitness Center
  • 2-minute walk to Paraiso Park

About This Home

As of December 2024

MOTIVATED SELLER | TURN-KEY INVESTMENT | Discover luxury living at Paraiso Bayviews! This stunning 2-bedroom, 2-bathroom condo offers breathtaking Biscayne Bay views and a sleek, modern design. Step into the open-concept living area featuring floor-to-ceiling windows that illuminate the space with natural light. The gourmet kitchen boasts high-end stainless steel appliances and quartz countertops, perfect for culinary creations.

Located in a vibrant neighborhood, you’ll have access to top dining, shopping, and cultural attractions. Experience the best of waterfront living—schedule your private showing today! Don’t miss this opportunity to make Paraiso Bayviews your new home!

Last Listed By

Gary Wong

Avanti Way Realty LLC License #3471762 Listed on: 10/18/2024

Avanti Way Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,508

Year Built

  • Built in 2018

HOA Fees

  • $1,221 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Interior Spaces

  • 944 Sq Ft Home
  • Furnished
  • Ceramic Tile Flooring
  • Bay Views

Kitchen

  • Microwave
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Closet Cabinetry
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Schools

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

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • Outdoor Grill
  • Property Fronts a Bay or Harbor

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-3000

Community Details

Overview

  • High-Rise Condominium
  • Paraiso Bayviews Condos
  • Paraiso Bayviews Condo Subdivision
  • 46-Story Property

Amenities

  • Doorman
  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Bike Room

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Cabanas
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,508

Year Built

Built in 2018

Lot Details

0

HOA Fees

$1,221 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: AVWY01
  • Co List Office Phone: 305-229-1146
  • Entry Level: 12
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
  • Interior Amenities: Closet Cabinetry, Cooking Island
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor
  • Furnished: Furnished
  • Living Area: 944
  • Possible Use: Primary
  • Stories: 46
  • Bedroom Features: Other

Exterior Features

  • View: Bay
  • Exterior Features: Barbeque, Tennis Court(s)
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: PARAISO BAYVIEWS
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Assigned

Utilities

  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Doorman

Condo/Co-op/Association

  • Association Fee: 1221
  • Amenities: Barbecue, Bike Storage, Billiard Room, Business Center, Cabana, Child Play Area, Clubhouse-Clubroom, Community Room, Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

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: 01-32-30-096-3000
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 9508

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2024
Closed on
Dec 20, 2024
Sold by
Coelho Solange Pires Ferreira and Ferreira Mariana Coelho
Bought by
Gaye Alioune Badara
Seller's Agent
Gary Wong
Avanti Way Realty LLC
Buyer's Agent
Camille Blanco
Joystar Realty Group
List Price
$615,000
Sold Price
$600,000
Premium/Discount to List
-$15,000
-2.44%
Total Days on Market
66
Views
13
Current Estimated Value
$605,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$5,502
Avg. Annual Appreciation
2.80%
Original Mortgage
$450,000
Outstanding Balance
$449,619
Interest Rate
6.84%
Mortgage Type
New Conventional
Estimated Equity
$155,883

Purchase Details

Closed on
Aug 16, 2018
Sold by
Prh Paraiso Four Llc
Bought by
Gomes Coelho Solange Pires Ferreira and Gomes Ferrera Mariana Coelho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,450
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Range of Values:

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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 Buyer Sale Price Title Company
Gaye Alioune Badara $600,000 None Listed On Document
Gomes Coelho Solange Pires Ferreira $512,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaye Alioune Badara $450,000
Previous Owner Gomes Coelho Solange Pires Ferreira $256,450
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2024 12/27/24 Sold $600,000 -2.4% $636 / Sq Ft
12/23/2024 12/23/24 Pending -- -- --
10/18/2024 10/18/24 For Sale $615,000 -- $651 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

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
2024 $9,508 $491,337 -- --
2023 $9,508 $446,670 $0 $0
2022 $8,371 $406,064 $0 $0
2021 $7,988 $375,985 $0 $0
2020 $8,008 $375,985 $0 $0
2019 $9,018 $422,455 $0 $0
2018 $388 $20,370 $0 $0
2017 $372 $16,046 $0 $0
2016 $363 $14,588 $0 $0
2015 $295 $13,262 $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: A11679069

MIAMI REALTORS® MLS

APN: 01-3230-096-3000