Sold for $515,000

$515,000

501 NE 31st St Unit 3707, Miami, FL 33137

1beds

746sqft

Condominium

Built in 2018

-- sqft lot

$496,900 Zestimate^®

$690/sqft

$3,978 Estimated rent

Home value

$496,900

$467,000 - $527,000

$3,978/mo

Zestimate^® history

Owner options

List your home for rent

$3,978/mo

Rent Zestimate^®

Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

Learn more

$3,978/mo

Rent Zestimate^®

Refinance and save

$4,475/mo

Est. payment

Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

See today's rates

$4,475/mo

Est. payment

Explore your selling options

Work with a Zillow partner agent

Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

Get started

List with your own agent

Get your home in front of millions of buyers by listing it on Zillow.

Learn how to do it

Sell it yourself

Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

List your home

What's special

AMAZING 1 BEDROOM 1 AND A HALF BATH CONDO LOCATED AT AMAZING PARAISO DISTRICT IN EDGEWATER. BEST LINE AS PER SPACE AND LAYOUT. PARAISO BAYVIEWS IS THE ONLY BUILDING IN THE PARAISO DISTRICT THAT ALLOWS 1 MONTH RENTALS, 12 TIMES A YEAR MAKING IT GREAT FOR INVESTORS AS WELL AS FOR END USERS. THIS UNIT HAS VIEWS TO BISCAYNE BAY AND SKYLINE VIEWS, HIGH END APPLIANCES AND GREAT SPACIOUS LAYOUT. THE BUILDING HAS THE ONLY ROOFTOP POOL AT THE PARAISO DISTRICT AND GREAT AMENITIES SUCH AS TENNIS COURTS, KIDS ROOM, CLUB ROOM, BUSINESS CENTER, SPA WITH SAUNA AND STEAM ROOM, 24 HOURS CONCIERGE AND VALET PARKING. PARAISO DISTRICT IS A COMMUNITY WITH ALSO COMMERCIAL SPACES AT YOUR DOOR STEP, INCLUDING CAFE, CONVENIENCE STORES, BEAUTY SALONS , RESTAURANTS ETC. DONT MISS IT OUT ONLY CASH OFFERS

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Electric

Cooling

Central Air, Electric

Appliances

Included: Dishwasher, Disposal, Dryer, Microwave

Features

Kitchen Island, Walk-In Closet(s)
Flooring: Tile
Doors: High Impact Doors
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 746
Total interior livable area: 746 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned
Garage spaces: 1

Features

Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Skyline
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Lot

Features: East Of Us1

Details

Parcel number: 0132300962560

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 2018

Community & HOA

Community

Security: Fire Sprinkler System, Fire Alarm, Doorman, Elevator Secure, Lobby Secured
Application fee: $200
Pet fee: $0
Subdivision: Paraiso Bayviews Condo,Paraiso Bayviews

HOA

Has HOA: Yes
Amenities included: Barbecue, Business Center, Playground, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
HOA fee: $877 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $690/sqft
Tax assessed value: $415,034
Annual tax amount: $7,045
Date on market: 3/11/2024
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
12/15/2024	Listing removed	$3,300$4/sqft
Source: MIAMI #A11707247 Report a problem
12/13/2024	Listed for rent	$3,300-8.3%$4/sqft
Source: MIAMI #A11707247 Report a problem
10/4/2024	Sold	$515,000-3.7%$690/sqft
Source: MIAMI #A11554336 Report a problem
7/2/2024	Listed for sale	$535,000$717/sqft
Source: MIAMI #A11554336 Report a problem
6/11/2024	Pending sale	$535,000$717/sqft
Source: MIAMI #A11554336 Report a problem
4/24/2024	Price change	$535,000+7%$717/sqft
Source: MIAMI #A11554336 Report a problem
3/21/2024	Listed for sale	$500,000+5.1%$670/sqft
Source: MIAMI #A11554336 Report a problem
8/5/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
7/2/2022	Listed for rent	$3,600$5/sqft
Source: Zillow Rental Network_1 #A11232060 Report a problem
9/24/2018	Sold	$475,900$638/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,296 +11.8%	$415,034 +23.7%
2024	$7,423 +5.4%	$335,621 +10%
2023	$7,045 +21.4%	$305,110 +10%
2022	$5,801 +8.3%	$277,373 +10%
2021	$5,358 -15.2%	$252,158 -15%
2020	$6,318 -11.2%	$296,657 -11%
2019	$7,115 +2194.5%	$333,322 +2263.1%
2018	$310	$14,105 +10%
2017	$310 +4.3%	$12,823 +10%
2016	$297 +26.2%	$11,658 +10%
2015	$236	$10,599
2014	--	--