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For sale
    • $899,000

    650 NE 32nd St Unit 2205, Miami, FL 33137

    2beds
    1,151sqft
    : 
    $7,778/mo
    Get pre-qualified
    Condominium
    Built in 2018
    -- sqft lot
    $853,600 Zestimate®
    $781/sqft
    $1,636/mo HOA

    What's special

    Direct biscayne bay viewsPrivate elevator foyerScenic baywalk
    Live or invest in one of Miami’s most dynamic waterfront communities — Paraiso Bay in Edgewater. This elegant 2BD/3BA residence features direct Biscayne Bay views, a private elevator foyer, and an expansive terrace ideal for outdoor living and entertaining. Currently leased through Nov 2026, offering immediate income plus strong long-term appreciation potential. Paraiso Bay delivers a true resort lifestyle with a stunning beach-entry pool overlooking the bay, full-service spa, state-of-the-art fitness center, tennis courts, bowling alley, private club rooms, and an on-site café. The community includes a scenic baywalk, waterfront dining at Amara, boutique retail, and lush parks with children’s and pet areas. Perfectly situated minutes from Miami Design District, Wynwood, Midtown, and Brickell, Paraiso Bay blends privacy, convenience, and sophistication. Whether you’re seeking a luxury primary residence, seasonal retreat, or high-performing investment property, this opportunity offers it all. Motivated Seller! Currently Leased until Nov 2026.
    168 days
    |
    38
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ishmael Perez 786-302-2735,

    Douglas Elliman

    Source: MIAMI,MLS#: A11961912MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Microwave
      Features
      • Kitchen Island, Walk-In Closet(s)
      • Flooring: Ceramic Tile, Other
      Interior area
      • Total interior livable area: 1,151 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Assigned, Valet
      • Garage spaces: 1
      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Lot
      • Features: East Of Us1
      Details
      • Parcel number: 0132300932040

      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, Fire Alarm
      • Application fee: $100
      • Pet fee: $100
      • Subdivision: Paraiso Bay Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Bike/Jog Path, Business Center
      • HOA fee: $1,636 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $781/sqft
      • Tax assessed value: $715,982
      • Annual tax amount: $14,344
      • Date on market: 2/9/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $853,600

        $811,000 - $896,000

        $6,790/mo

        Price history

        DateEventPrice
        6/4/2026Listing removed$5,900$5/sqft
        Source: Zillow Rentals Report a problem
        2/13/2026Listed for sale$899,000-2.8%$781/sqft
        Source: MIAMI #A11961912 Report a problem
        2/2/2026Listing removed$925,000$804/sqft
        Source: Douglas Elliman #A11836106 Report a problem
        11/7/2025Listed for rent$5,900$5/sqft
        Source: Zillow Rentals Report a problem
        11/6/2025Listing removed$5,900$5/sqft
        Source: MIAMI #A11901438 Report a problem
        10/23/2025Listed for rent$5,900+3.5%$5/sqft
        Source: MIAMI #A11901438 Report a problem
        7/9/2025Listed for sale$925,000+18.3%$804/sqft
        Source: MIAMI #A11836106 Report a problem
        10/5/2024Listing removed$5,700$5/sqft
        Source: MIAMI #A11666472 Report a problem
        10/2/2024Listed for rent$5,700+1.8%$5/sqft
        Source: MIAMI #A11666472 Report a problem
        11/8/2023Listing removed--
        Source: MIAMI #A11421344 Report a problem
        9/21/2023Price change$5,600-1.8%$5/sqft
        Source: MIAMI #A11421344 Report a problem
        7/21/2023Listed for rent$5,700$5/sqft
        Source: MIAMI #A11421344 Report a problem
        11/1/2021Sold$782,000-1.6%$679/sqft
        Source: MIAMI #A11064998 Report a problem
        10/1/2021Pending sale$795,000$691/sqft
        Source: MIAMI #A11064998 Report a problem
        7/1/2021Listed for sale$795,000+13.4%$691/sqft
        Source: MIAMI #A11064998 Report a problem
        4/16/2018Sold$700,900$609/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$14,311 -4.2%$715,982 -4%
        2024$14,941 +2.3%$745,815 +5%
        2023$14,601 +19.7%$710,300 +20%
        2022$12,203 +14.5%$591,938 +18%
        2021$10,658 -0.2%$501,642
        2020$10,684 -13.2%$501,642 -13%
        2019$12,308 +1669.6%$576,600 +1675.2%
        2018$696 $32,481 +10%
        2017$696 +11.2%$29,529 -15%
        2016$626 -19%$34,740
        2015$772 +594.6%$34,740 +608.4%
        2014$111 $4,904
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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

        85 / 100
        Very Walkable
        49 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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