
Paraiso I : Paraiso Bay 650 NE 32nd St Unit PH 5001 Miami, FL 33137
Edgewater NeighborhoodEstimated payment $22,969/month
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.
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
Map
About Paraiso I : Paraiso Bay
Home Values in the Area
Average Home Value in this Area
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 |
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 |
Deed History
Date | Type | Sale Price | Title Company |
---|---|---|---|
Warranty Deed | $1,795,000 | Worldwide Title & Re Svcs | |
Special Warranty Deed | $2,082,900 | Attorney |
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 |
Similar Homes in the area
Source: MIAMI REALTORS® MLS
MLS Number: A11786599

APN: 01-3230-093-0440
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