$2,950,000

Estimated payment $22,969/month

Total Views 747
4 Beds
4.5 Baths
2,378 Sq Ft
$1,241 Price per Sq Ft

Highlights

  • Valet Parking
  • Penthouse
  • Marble Flooring
  • Property Fronts a Bay or Harbor
  • Clubhouse
  • 1-minute walk to Paraiso Park

About This Home

Introducing the finest residence in Paraiso Bay — Penthouse 5001 — a full gut-renovation masterpiece stripped down to the studs and rebuilt with uncompromising quality. Every inch of this extraordinary home features imported, hand-selected Italian materials, from the custom kitchen cabinetry and master closet systems to the luxurious stone finishes throughout. Designed for the most discerning buyer, the open floor plan showcases a show-stopping Italian gourmet kitchen outfitted with Sub-Zero and Bosch appliances, breathtaking bay and city views, and bespoke detailing. No other unit compares to the level of craftsmanship, elegance, and curated design found here. Offered in pre-foreclosure, this is a once-in-a-lifetime opportunity to own the most luxurious penthouse in Paraiso Bay.

Listing Agent

Analeisa D'Alessio

Luxe Living Realty License #3504472

Luxe Living Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $32,230

Year Built

  • Built in 2018

HOA Fees

  • $3,817 Monthly HOA Fees

Parking

  • 1 Car Garage
  • On-Street Parking
  • Open Parking

Home Design

  • Penthouse

Interior Spaces

  • 2,378 Sq Ft Home
  • Built-In Features
  • Fireplace
  • Marble Flooring
  • Cooking Island

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Bathtub
  • Shower Only

Laundry

  • Dryer
  • Washer

Additional Features

  • Accessible Elevator Installed
  • Property Fronts a Bay or Harbor
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-093-0440

Community Details

Overview

  • Paraiso Bay Condos
  • Paraiso Bay Condo Subdivision
  • 53-Story Property

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Billiard Room
  • Business Center
  • Secure Lobby

Recreation

  • Community Playground

Pet Policy

  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$32,230

Year Built

Built in 2018

Lot Details

0

HOA Fees

$3,817 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2018
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, Penthouse
  • Entry Level: 50
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Other
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: PARAISO BAY CONDO
  • Year Built Details: Resale
  • ResoPropertyType: Residential
  • Special Features: 5120

Interior Features

  • Appliances: Dryer, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Elevator
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Fireplace
  • Fireplace: Yes
  • Flooring: Marble
  • Living Area: 2378
  • Stories: 53
  • Bedroom Features: Primary Bath Shower, Primary Bath Tub

Exterior Features

  • View: Bay, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: PARAISO BAY
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Covered, On Street, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Lobby Secured

Condo/Co-op/Association

  • Association Fee: 3817
  • Amenities: Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-32-30-093-0440
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 32230

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $31,449 $1,602,300 -- --
2023 $31,449 $1,571,763 $0 $0
2022 $30,592 $1,525,984 $0 $0
2021 $30,878 $1,453,318 $0 $0
2020 $32,582 $1,529,808 $0 $0
2019 $37,536 $1,758,400 $0 $0
2018 $1,486 $74,205 $0 $0
2017 $1,572 $63,074 $0 $0
2016 $1,620 $74,205 $0 $0
2015 $1,650 $74,205 $0 $0
2014 $238 $10,476 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2025 04/18/25 For Sale $2,950,000 +64.3% $1,241 / Sq Ft
06/30/2021 06/30/21 Sold $1,795,000 -10.3% $755 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
01/29/2021 01/29/21 For Sale $2,000,000 -- $841 / Sq Ft
Source: MIAMI REALTORS® MLS

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,795,000 Worldwide Title & Re Svcs
Special Warranty Deed $2,082,900 Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 Balloon
Previous Owner $1,137,500 Commercial
Previous Owner $1,041,500 Future Advance Clause Open End Mortgage
Source: Public Records

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Source: MIAMI REALTORS® MLS

MLS Number: A11786599

MIAMI REALTORS® MLS

APN: 01-3230-093-0440