$1,580,000
SOLD APR 16, 2025

501 NE 31st St Unit PH4401 Miami, FL 33137

Edgewater Neighborhood
4 Beds
4.5 Baths
2,320 Sq Ft
$3,231/mo HOA Fee

Recently Sold

$681 Per Sq Ft

1% Below List Price

1 Day on Market

Highlights

  • Doorman
  • Deck
  • Billiard Room
  • Bay View
  • Community Basketball Court
  • 2-minute walk to Paraiso Park

About This Home

As of April 2025

Discover unparalleled luxury in this stunning 4-bed, 4.5-bath lower penthouse in Midtown. Enjoy expansive water and city views from a sweeping round balcony. The open floor plan is designed to maximize light, featuring premium finishes throughout. The gourmet kitchen boasts high-end appliances, a large island, and ample storage. Each bedroom has an en-suite bath, with the master suite offering floor-to-ceiling windows and a spa-like retreat. Amenities include a gym, spa, kids’ playroom, business center, sports courts, two resort-style pools, and 24-hour valet. Urban living at its finest—don’t miss this rare opportunity!

Last Agent to Sell the Property

Jose Nicolas

Compass Florida, LLC. Brokerage Phone: 305-903-2050 License #3513940

Compass Florida, LLC.

Last Buyer's Agent

Neila Rudden

One Sotheby's International Realty License #3440535

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $22,845

Year Built

  • Built in 2018

HOA Fees

  • $3,231 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Automatic Garage Door Opener

Property Views

  • Bay
  • Skyline

Interior Spaces

  • 2,320 Sq Ft Home
  • Ceramic Tile Flooring
  • Dryer

Kitchen

  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Outdoor Features

  • Balcony
  • Deck
  • Outdoor Grill

Additional Features

  • East of U.S. Route 1
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-096-3680

Community Details

Overview

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

Amenities

  • Doorman
  • Community Barbecue Grill
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Lobby
  • Bike Room

Recreation

  • Community Basketball Court
  • Community Playground

Pet Policy

  • Dogs Allowed

Security

  • Card or Code Access
  • Secure Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$22,845

Year Built

Built in 2018

Lot Details

0

HOA Fees

$3,231 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Entry Level: 44
  • Garage Yn: Yes
  • Horses: No
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAYVIEWS CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Attribution Contact: 305-903-2050
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Microwave
  • Interior Amenities: Lobby
  • Accessibility Features: Accessible
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Ceramic Floor
  • Furnished: Unfurnished
  • Living Area: 2320
  • Other Equipment: Automatic Garage Door Opener
  • Possible Use: Primary
  • Stories: 44
  • Bedroom Features: None

Exterior Features

  • View: Bay, Skyline, Water View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Construction Type: Concrete Block Construction
  • Patio And Porch Features: Deck, Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: No

Garage/Parking

  • Park Building Name: Paraiso Bayviews
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces

Utilities

  • Cooling: Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Doorman, Elevator Secure, Card Entry

Condo/Co-op/Association

  • Association Fee: 3231
  • Amenities: Basketball Court, Barbecue, Bike Storage, Billiard Room, Business Center, Child Play Area, Community Room, Elevator(s), Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-096-3680
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Dogs OK

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 22845

Map

Range of Values:

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Average Value
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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/16/2025 04/16/25 Sold $1,580,000 -1.3% $681 / Sq Ft
04/05/2025 04/05/25 Pending -- -- --
04/04/2025 04/04/25 For Sale $1,600,000 0.0% $690 / Sq Ft
12/29/2023 12/29/23 Rented $10,000 -4.8% --
11/30/2023 11/30/23 Price Changed $10,499 -8.7% $5 / Sq Ft
11/09/2023 11/09/23 Price Changed $11,499 -4.2% $5 / Sq Ft
10/23/2023 10/23/23 For Rent $11,999 +26.3% --
01/01/2023 01/01/23 Rented $9,500 0.0% --
12/15/2022 12/15/22 Under Contract -- -- --
12/06/2022 12/06/22 Price Changed $9,500 -9.5% $4 / Sq Ft
11/21/2022 11/21/22 Price Changed $10,500 -12.5% $5 / Sq Ft
11/01/2022 11/01/22 For Rent $12,000 -- --
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
2024 $22,036 $1,111,060 -- --
2023 $22,036 $1,010,055 $0 $0
2022 $19,205 $918,232 $0 $0
2021 $17,736 $834,757 $0 $0
2020 $17,779 $834,757 $0 $0
2019 $20,021 $937,929 $0 $0
2018 $953 $50,012 $0 $0
2017 $914 $39,398 $0 $0
2016 $891 $35,817 $0 $0
2015 $724 $32,561 $0 $0
2014 -- $0 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Source: Public Records

Deed History

Date Type Sale Price Title Company
Special Warranty Deed $1,425,900 Attorney
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11777922

MIAMI REALTORS® MLS

APN: 01-3230-096-3680