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Sold for $1,580,000
  • $1,580,000

    501 NE 31st St #Penthouse 4401, Miami, FL 33137

    4beds
    2,320sqft
    Condominium
    Built in 2018
    -- sqft lot
    $1,527,000 Zestimate®
    $681/sqft
    $-- Estimated rent

    Home value

    $1,527,000

    $1.33M - $1.76M

    Not available

    Zestimate® history
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    What's special

    Large islandPremium finishesOpen floor planAmple storageGourmet kitchenSpa-like retreatHigh-end appliances
    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jose Nicolas 305-903-2050,

    Compass Florida, LLC

    Bought with:

    Neila Rudden, 3440535

    One Sotheby's International Realty

    Source: MIAMI,MLS#: A11777922MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 5
    • Full bathrooms: 4
    • 1/2 bathrooms: 1
    Heating
    • Central, Electric
    Cooling
    • Zoned
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Microwave
    Features
    • Lobby
    • Flooring: Ceramic Tile
    Interior area
    • Total structure area: 2,320
    • Total interior livable area: 2,320 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: 2 Or More Spaces, Garage Door Opener
    • Garage spaces: 2
    Accessibility
    • Accessibility features: Accessible
    Features
    • Patio & porch: Deck
    • Exterior features: Barbecue, Balcony
    • Has view: Yes
    • View description: Bay, Skyline, Water
    • Has water view: Yes
    • Water view: Bay,Water
    Lot
    • Features: East Of Us1
    Details
    • Parcel number: 0132300963680

    Construction

    Type & style
    • Home type: Condo
    • Property subtype: Condominium
    • Attached to another structure: Yes
    Materials
    • Concrete Block Construction
    Condition
    • Year built: 2018

    Community & HOA

    Community
    • Security: Doorman, Elevator Secure, Card Entry
    • Application fee: $150
    • Pet fee: $100
    • Subdivision: Paraiso Bayviews Condo
    HOA
    • Has HOA: Yes
    • Amenities included: Basketball Court, Barbecue, Bike Storage, Billiard Room, Business Center, Playground, Community Room, Elevator(s), Other
    • HOA fee: $3,231 monthly
    Location
    • Region: Miami

    Financial & listing details

    • Price per square foot: $681/sqft
    • Tax assessed value: $1,200,000
    • Annual tax amount: $22,845
    • Date on market: 4/4/2025
    • Listing terms: All Cash,Conventional

    Price history

    DateEventPrice
    4/16/2025Sold$1,580,000-1.3%$681/sqft
    Source: MIAMI #A11777922 Report a problem
    4/16/2025Listing removed$9,000$4/sqft
    Source: MIAMI #A11758806 Report a problem
    4/5/2025Pending sale$1,600,000$690/sqft
    Source: MIAMI #A11777922 Report a problem
    4/5/2025Listed for sale$1,600,000-10.1%$690/sqft
    Source: MIAMI #A11777922 Report a problem
    3/18/2025Listing removed$1,779,000$767/sqft
    Source: MIAMI #A11695895 Report a problem
    3/7/2025Listed for rent$9,000$4/sqft
    Source: MIAMI #A11758806 Report a problem
    1/22/2025Price change$1,779,000-6.3%$767/sqft
    Source: MIAMI #A11695895 Report a problem
    1/13/2025Listed for sale$1,899,000$819/sqft
    Source: MIAMI #A11695895 Report a problem
    12/7/2024Listing removed$1,899,000-13.3%$819/sqft
    Source: MIAMI #A11695895 Report a problem
    11/18/2024Listed for sale$2,190,000+53.6%$944/sqft
    Source: MIAMI #A11695895 Report a problem
    10/17/2018Sold$1,425,900$615/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$23,985 +5%$1,200,000 +8%
    2024$22,845 +3.7%$1,111,060 +10%
    2023$22,036 +14.7%$1,010,055 +10%
    2022$19,205 +8.3%$918,232 +10%
    2021$17,736 -0.2%$834,757
    2020$17,779 -11.2%$834,757 -11%
    2019$20,021 +2001.6%$937,929 +2064.3%
    2018$953 $43,337 +10%
    2017$953 +4.3%$39,398 +10%
    2016$914 +26.2%$35,817 +10%
    2015$724 $32,561
    2014-- --
    Find assessor info on the county website

    Neighborhood: Wynwood - Edgewater

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,527,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,527,000