NOT LISTED FOR SALE

One Paraiso 3131 NE 7th Ave Unit 4705 Miami, FL 33137

Edgewater Neighborhood

Estimated Value: $998,000 - $1,377,000

2 Beds
2 Baths
1,088 Sq Ft
$759/mo HOA Fee

Last Sold March 31, 2021

Last sale price $855,000 $786 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,090/month

688 Days on Market

Highlights

  • Valet Parking
  • Boat Ramp
  • Community Cabanas
  • Marina
  • Dock Available
  • 1-minute walk to Paraiso Park

About This Home

As of March 2021

Live in a brand new 2 bedroom and 2 bath unit in a luxury building with outstanding bay and city views from the 47th floor. 1,285 Sq Ft of A/C interior area and + terrace. Only 6 units per floor with private elevator access and foyers, floor to ceiling windows, 9' ceilings, gourmet kitchens, sub-zero + wolf appliances , fitness center with a spa, children's playroom, expansive pool with cabanas and BBQ area, tennis courts, beach club with private pool, lounge area for private events and much more. Easy to show.

Last Listed By

Carlo Dipasquale

Compass Florida, LLC. License #3119893 Listed on: 04/09/2019

Compass Florida, LLC.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $19,557

Year Built

  • Built in 2018 | Newly Remodeled

Lot Details

  • East Facing Home

HOA Fees

  • $759 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Secured Garage or Parking

Property Views

Home Design

  • Concrete Block And Stucco Construction

Interior Spaces

  • 1,088 Sq Ft Home
  • Entrance Foyer
  • Combination Dining and Living Room
  • Intercom Access

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Dock Available

Additional Features

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

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-095-2140

Community Details

Overview

  • 276 Units
  • High-Rise Condominium
  • One Paraiso Condos
  • The community has rules related to no recreational vehicles or boats, no trucks or trailers
  • 54-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Billiard Room
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

  • Boat Ramp
  • Private Beach Pavilion
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Building Details

Security

  • Card or Code Access
  • Impact Glass
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$19,557

Year Built

Built in 2018 | Newly Remodeled

Lot Details

0

HOA Fees

$759 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: CERN06
  • Co List Office Phone: 305-604-0565
  • Entry Level: 10
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp,Dock Available
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Year Built Details: New Construction
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: Lobby, First Floor Entry, Fire Sprinklers, Entrance Foyer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Entry Location: Foyer
  • Flooring: Other
  • Furnished: Unfurnished
  • Living Area: 1088
  • Other Equipment: Intercom
  • Possible Use: Unknown/Withheld
  • Stories: 54
  • Window Features: Impact Glass
  • Bedroom Features: Entry Level
  • Dining Room Features: Dining/Living Room

Exterior Features

  • View: Bay, Skyline, Water 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: New Construction
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: ONE PARAISO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 1 Space, Covered, Valet, Limited # Of Vehicle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Card Entry, Secured Garage/Parking, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 759
  • Amenities: Billiard Room, Boat Dock, Business Center, Cabana, Clubhouse-Clubroom, Community Room, Exercise Room, Heated Pool, Marina, Other, Pool, Private Beach Pavilion, Spa/Hot Tub, Tennis Court(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-095-2140
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: More Than 20 Lbs

Multi Family

  • Maintenance Expense: 759
  • Number Of Units In Community: 276
  • Number Of Units Total: 276

Tax Info

  • Tax Year: 2018

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2019
Closed on
Mar 31, 2021
Sold by
Luma Paraiso Corp
Bought by
Demir Ersin
Seller's Agent
Carlo Dipasquale
Compass Florida, LLC.
Buyer's Agent
Merve Gumusyazici
One Sotheby's International Realty
List Price
$1,129,000
Sold Price
$855,000
Premium/Discount to List
-$274,000
-24.27%
Total Days on Market
688
Current Estimated Value
$1,202,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$347,814
Avg. Annual Appreciation
8.75%
Original Mortgage
$684,000
Outstanding Balance
$626,855
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$575,959

Purchase Details

Closed on
Aug 6, 2018
Sold by
Thirty First Street Property Owner Llc
Bought by
Luma Paraiso Corp

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
Demir Ersin $855,000 Empire Title Services Llc
Luma Paraiso Corp $921,900 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demir Ersin $684,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/31/2021 03/31/21 Sold $855,000 -7.0% $786 / Sq Ft
12/04/2020 12/04/20 Price Changed $919,000 0.0% $845 / Sq Ft
06/15/2020 06/15/20 Rented $3,900 0.0% --
03/11/2020 03/11/20 For Rent $3,900 0.0% --
12/27/2019 12/27/19 Price Changed $970,000 -6.6% $892 / Sq Ft
08/30/2019 08/30/19 Price Changed $1,039,000 -5.5% $955 / Sq Ft
07/02/2019 07/02/19 Price Changed $1,099,000 -2.7% $1,010 / Sq Ft
04/09/2019 04/09/19 For Sale $1,129,000 -- $1,038 / 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 $19,557 $986,056 -- --
2023 $19,557 $893,175 $0 $0
2022 $16,739 $811,978 $0 $0
2021 $14,620 $688,117 $0 $0
2020 $14,656 $688,117 $0 $0
2019 $16,692 $781,951 $0 $0
2018 $749 $46,660 $0 $0
2017 $721 $27,800 $0 $0
2016 $708 $25,273 $0 $0
2015 $511 $22,976 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlo Dipasquale

    Seller's Agent in 2021

    Carlo Dipasquale

    Compass Florida, LLC.

    (786) 512-5094

    14 in this area

    89 Total Sales

    Carlo Dipasquale
    Section Image
  • Igaro Goncalves

    Seller Co-Listing Agent in 2021

    Igaro Goncalves

    Compass Florida, LLC.

    (617) 642-2164

    1 in this area

    8 Total Sales

    Igaro Goncalves
    Section Image
  • Merve Gumusyazici

    Buyer's Agent in 2021

    Merve Gumusyazici

    One Sotheby's International Realty

    (786) 553-4014

    5 in this area

    28 Total Sales

    Merve Gumusyazici
    Section Image
  • Joyce Parra

    Seller Co-Listing Agent in 2020

    Joyce Parra

    Cervera Real Estate Inc.

    (786) 444-2096

    5 in this area

    33 Total Sales

    Joyce Parra
    Section Image
  • Nancy Velasquez

    Buyer's Agent in 2020

    Nancy Velasquez

    Supreme Home & Estate Realty

    (305) 781-2423

    16 Total Sales

    Nancy Velasquez
    Section Image
See All Agents

About One Paraiso

Map

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Source: MIAMI REALTORS® MLS

MLS Number: A10653671

MIAMI REALTORS® MLS

APN: 01-3230-095-2140

Florida Miami/Dade County Miami 33137 Edgewater

3131 NE 7th Ave Unit 4705, Miami, FL

Homes for Sale in Miami, FL

This home is located at 3131 NE 7th Ave Unit 4705, Miami, FL 33137 since 09 April 2019 and is currently estimated at $1,202,814, approximately $1,105 per square foot. This property was built in 2018. 3131 NE 7th Ave Unit 4705 is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.