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For sale
  • Price increase: $75K (7/9)
    $540,000

    501 NE 31st St Unit 2705, Miami, FL 33137

    1beds
    618sqft
    : 
    $4,592/mo
    Get pre-qualified
    Condominium
    Built in 2016
    -- sqft lot
    $516,000 Zestimate®
    $874/sqft
    $860/mo HOA

    What's special

    Tennis courtsWaterview unitRooftop glass-enclosed poolSecond poolDirect oceanviewUnique double-shower designTop-of-the-line bosch appliances
    Beautiful Direct Oceanview,WATERVIEW UNIT with an open-concept design! This stunning 1-bed, 1.5-bath condo features a sleek kitchen with quartz countertops, a metal subway backsplash, and top-of-the-line Bosch appliances. Perched on the 27th floor in the exclusive “BUBBLE,” it offers an extended balcony with upgraded designer tile, showcasing breathtaking views of Biscayne Bay and Miami Beach. The master bath stuns with a dual-sink quartz vanity and a unique double-shower design. Amenities include a rooftop glass-enclosed pool, a second pool, tennis courts, gym, spa, sauna, grand saloon, theater, billiards, and a kids’ playroom. Steps from the Design District & Michael Schwartz’s restaurant!
    165 days
    |
    16
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Orlando Jimenez 305-799-3421,

    CasaMagna Realty LLC

    Source: MIAMI,MLS#: A11967567MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
      Features
      • Lobby, Built-in Features, Closet Cabinetry, Kitchen Island, Elevator
      • Flooring: Carpet, Ceramic Tile
      • Doors: High Impact Doors
      • Windows: Clear Impact Glass, Blinds, Solar Film/Tinted
      • Furnished: Yes
      Interior area
      • Total interior livable area: 618 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Limited # Of Vehicle
      • Garage spaces: 1
      Features
      • Exterior features: Barbecue, Tennis Court(s)
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Ocean
      • Has water view: Yes
      • Water view: Ocean
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Lot
      • Features: East Of Us1
      Details
      • Parcel number: 0132300961720

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block, Concrete
      Condition
      • Year built: 2016

      Utilities & green energy

      Green energy
      • Energy efficient items: Appliances

      Community & HOA

      Community
      • Security: Security System Leased, Complex Fenced, Doorman, Elevator Secure
      • Application fee: $150
      • Pet fee: $100 refundable
      • Subdivision: Paraiso Bayviews Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Barbecue, Billiard Room, Playground, Clubhouse-Clubroom, Elevator(s), Fitness Center, Hobby Room, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash
      • HOA fee: $860 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $874/sqft
      • Tax assessed value: $410,550
      • Annual tax amount: $7,471
      • Date on market: 2/18/2026
      • Listing terms: Conventional,FHA

        Estimated market value

        $516,000

        $490,000 - $542,000

        $3,382/mo

        Price history

        DateEventPrice
        7/9/2026Price change$540,000+16.1%$874/sqft
        Source: MIAMI #A11967567 Report a problem
        4/30/2026Listed for rent$3,195+1.4%$5/sqft
        Source: MIAMI #A12010539 Report a problem
        4/15/2026Price change$465,000-4.1%$752/sqft
        Source: MIAMI #A11967567 Report a problem
        2/18/2026Listed for sale$485,000-1%$785/sqft
        Source: MIAMI #A11967567 Report a problem
        5/9/2025Listing removed$490,000$793/sqft
        Source: MIAMI #A11763483 Report a problem
        4/10/2025Listing removed$3,150$5/sqft
        Source: MIAMI #A11706366 Report a problem
        3/14/2025Price change$490,000-3.9%$793/sqft
        Source: MIAMI #A11763483 Report a problem
        2/20/2025Price change$3,150-7.4%$5/sqft
        Source: MIAMI #A11706366 Report a problem
        1/21/2025Price change$3,400-2.9%$6/sqft
        Source: MIAMI #A11706366 Report a problem
        1/14/2025Price change$509,999-0.9%$825/sqft
        Source: MIAMI #A11671119 Report a problem
        12/9/2024Listed for rent$3,500+2.9%$6/sqft
        Source: MIAMI #A11706366 Report a problem
        11/19/2024Price change$514,500-0.1%$833/sqft
        Source: MIAMI #A11671119 Report a problem
        10/4/2024Listed for sale$515,000-1.9%$833/sqft
        Source: MIAMI #A11671119 Report a problem
        7/26/2024Listing removed$525,000$850/sqft
        Source: MIAMI #A11360071 Report a problem
        2/23/2024Listing removed--
        Source: MIAMI #A11488945 Report a problem
        11/20/2023Listed for rent$3,400$6/sqft
        Source: MIAMI #A11488945 Report a problem
        6/7/2023Price change$525,000+1.9%$850/sqft
        Source: MIAMI #A11360071 Report a problem
        3/21/2023Listed for sale$515,000+1%$833/sqft
        Source: MIAMI #A11360071 Report a problem
        3/17/2023Listing removed--
        Source: MIAMI #A11052354 Report a problem
        10/23/2022Price change$510,000-1.2%$825/sqft
        Source: MIAMI #A11052354 Report a problem
        7/27/2022Price change$516,000-1.7%$835/sqft
        Source: MIAMI #A11052354 Report a problem
        5/16/2022Price change$525,000+5%$850/sqft
        Source: MIAMI #A11052354 Report a problem
        4/16/2022Price change$499,990-2.1%$809/sqft
        Source: MIAMI #A11052354 Report a problem
        3/29/2022Listed for sale$510,500+8.2%$826/sqft
        Source: MIAMI #A11052354 Report a problem
        8/7/2018Sold$471,900$764/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,782 +2.6%$378,802 +10%
        2024$7,587 +9.5%$344,366 +10%
        2023$6,929 +16.4%$313,060 +10%
        2022$5,952 +8.3%$284,600 +10%
        2021$5,497 -10.2%$258,728 -10%
        2020$6,123 -11.2%$287,476 -11%
        2019$6,895 +2613.5%$323,007 +2694.4%
        2018$254 $11,559 +10%
        2017$254 +4.3%$10,509 +10%
        2016$244 +26.2%$9,554 +10%
        2015$193 $8,686
        2014-- --
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Wynwood - Edgewater

        Getting around

        86 / 100
        Very Walkable
        49 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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