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501 NE 31st Street 2705, Miami, FL 33137
Active
217 Days on Market
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$540,000

501 NE 31st Street 2705

Miami, FL 33137

PARAISO BAYVIEWS CONDO

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$540,000
Price per sq ft
$874
Vs. nearby sales
31% above
Days on market
217

This 1-bedroom condo in Paraiso Bayviews Condo is listed at $540,000, or $874 per square foot. It has been on the market for 217 days. The 6 most recent condo sales in the closings shown below sold at a median of $667 per square foot, so the asking price is 31% above what comparable homes here actually sold for.

1
Bedrooms
2
Bathrooms
618
Living Sq Ft
2016
Year Built

Estimated monthly payment

$2,838 /mo

Principal and interest only, based on $108,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $860/mo HOA are not included.

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Listing Snapshot

Price
$540,000
Days on Site
217 Days
Bedrooms
1
Total Baths
2
Full Baths
1
Partial Baths
1
Living Area
618 sqft
Year Built
2016
Property Type
Condo
MLS #
A11967567
Property Tax
$7,471 (2025)
HOA Fees
$860 / Monthly
Subdivision
PARAISO BAYVIEWS CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

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!

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
2016
Property Condition
Resale
Number of Stories
44
Garage Spaces
1
Living Sq Ft
618

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Carpet / Ceramic Tile
Interior Features
Built In Features / Bedroom On Main Level / Closet Cabinetry / Eat In Kitchen / Elevator / Kitchen Island / Separate Shower
Windows
Blinds / Tinted Windows
Furnished
Furnished

Exterior Features

Construction
Block / Pre Cast Concrete
Exterior Features
Barbecue / Tennis Courts
Pool Features
Association
Waterfront
Yes
Waterfront Features
Bayfront / Fixed Bridge
View
Ocean

Community & HOA

HOA Fee
$860 / Monthly
HOA Includes
Common Areas / Maintenance Grounds / Maintenance Structure / Pools / Recreation Facilities
Association Amenities
Billiard Room / Clubhouse / Fitness Center / Maintenance Grounds / Hobby Room / Other / Picnic Area / Playground / Pool / Sauna / Spa Hot Tub / Tennis Courts / Trash / Elevators
Community Features
Home Owners Association
Security
Security System Leased / Security System / Elevator Secured / Lobby Secured / Security Fence
Utilities
Cable Available
Pets Allowed
Pet Restrictions / Yes
55+ Community
Yes
Financing Terms
Conventional / FHA
Restrictions
Dock Restrictions / Limited Number Vehicles / Other Restrictions
MLS Area
2320

This home's HOA fee works out to $860 a month, 34% below the $1,300 median across 41 homes for sale in Paraiso Bayviews Condo. See Paraiso Bayviews Condo HOA fees

Schools

Elementary School
Eneida Massas Hartner
Middle School
Jose De Diego
High School
Booker T. Washington

Paraiso Bayviews is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $469,900 to $647,900. Homes were built starting 2018. Pure Equity lists homes in Paraiso Bayviews and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Homes for Sale
41
Under Contract
1
Median List Price
$599,000
Median $/Sq Ft
$690
Avg Days on Market
163
View all 41 homes for sale in Paraiso Bayviews →
How do I schedule a tour of 501 NE 31st Street 2705, Miami, FL 33137?
Use the Tour button on this listing to request a showing of 501 NE 31st Street 2705, Miami, FL 33137. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 501 NE 31st Street 2705, Miami, FL 33137 still available?
501 NE 31st Street 2705, Miami, FL 33137 is currently listed as Active, and has been on the market 217 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 501 NE 31st Street 2705, Miami, FL 33137?
With 20% down ($108,000) on the $540,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 501 NE 31st Street 2705, Miami, FL 33137 is about $2,838/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 501 NE 31st Street 2705, Miami, FL 33137?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 501 NE 31st Street 2705, Miami, FL 33137. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 501 NE 31st Street 2705, Miami, FL 33137 have an HOA fee?
Yes: 501 NE 31st Street 2705, Miami, FL 33137 carries an HOA fee of about $860 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 501 NE 31st Street 2705, Miami, FL 33137?
501 NE 31st Street 2705, Miami, FL 33137 is zoned for Eneida Massas Hartner (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 501 NE 31st Street 2705, Miami, FL 33137?
Often, yes. The right offer on 501 NE 31st Street 2705, Miami, FL 33137 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of CasaMagna Realty LLC

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

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Listed by Orlando Jimenez, CasaMagna Realty LLC

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