$480,000
Sold · October 28, 2025
501 NE 31st Street 4007
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $480,000
- Vs. list price
- 1% under
- Days on market
- 92
- Price per sq ft
- $643
This 1-bedroom condo in Paraiso Bayviews sold for $480,000 on October 28, 2025. That was 1% below its final list price of $485,000. It first came on the market at $518,777, so the price was adjusted before it sold. It spent 92 days on the market. At $643 per square foot, it closed 3.6% below the $667 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $480,000
- Sold On
- October 28, 2025
- Days on Site
- 92 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 1
- Partial Baths
- 1
- Living Area
- 746 sqft
- Year Built
- 2018
- Property Type
- Condo
- MLS #
- A11837851
- Property Tax
- $8,619 (2024)
- HOA Fees
- $1,041 / Monthly
- Subdivision
- Paraiso Bayviews
- Development
- Paraiso Bayviews
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Own Miami's ultimate luxury with this upscale 1-bedroom plus den (746 SF) condo in Edgewater. Enjoy 12 ft ceilings, stylish furnishings, premium amenities, and breathtaking views of Downtown and Miami Beach Skyline. Plus, the building offers a wealth of amenities including a tennis court, two pools, BBQ area, kids room, social room, sauna, fitness room, theater, valet, front desk 24/7, and billiard room. Condo comes with one assigned parking, and one storage room located on the second floor under AC. Building allows 12 rentals per year, min 30 days.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2018
- Property Condition
- Resale
- Number of Stories
- 46
- Garage Spaces
- 1
- Attached Garage
- Yes
- Parking
- Assigned / Attached / Covered / Garage
- Direction Faces
- Southeast
- Living Sq Ft
- 746
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Refrigerator / Washer
- Cooling
- Electric
- Heating
- Electric
- Flooring
- Tile
- Interior Features
- Bedroom On Main Level / Elevator / Living Dining Room / Tub Shower / Walk In Closets
- Total Rooms
- 1
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Barbecue / Outdoor Living Area / Tennis Courts
- Pool Features
- Association / Heated
- View
- City / Ocean / Water
Community & HOA
- HOA Fee
- $1,041 / Monthly
- HOA Includes
- Hot Water / Internet / Pools / Sewer / Security / Trash / Water
- Association Amenities
- Clubhouse / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Parking / Sauna / Tennis Courts / Trash / Elevators
- Community Features
- Home Owners Association
- Security
- Elevator Secured / Key Card Entry / Smoke Detectors
- Pets Allowed
- No Pet Restrictions / Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- See Remarks
- MLS Area
- 2320
About the Community
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
- 40
- Under Contract
- 1
- Median List Price
- $599,000
- Median $/Sq Ft
- $689
- Avg Days on Market
- 170
Frequently Asked Questions
- How do I schedule a tour of 501 NE 31st Street 4007, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 501 NE 31st Street 4007, 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 4007, Miami, FL 33137 still available?
- 501 NE 31st Street 4007, Miami, FL 33137 is currently listed as Sold, and has been on the market 92 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 4007, Miami, FL 33137?
- With 20% down ($97,000) on the $485,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 501 NE 31st Street 4007, Miami, FL 33137 is about $2,549/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 4007, 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 4007, 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 4007, Miami, FL 33137 have an HOA fee?
- Yes: 501 NE 31st Street 4007, Miami, FL 33137 carries an HOA fee of about $1,041 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
- Can I negotiate the price of 501 NE 31st Street 4007, Miami, FL 33137?
- Often, yes. The right offer on 501 NE 31st Street 4007, 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 Stay Plus 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 July 1, 2026.
$480,000
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Listed by Santiago Rodriguez, Stay Plus LLC
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Recent Sales
Recently sold homes in Paraiso Bayviews
These are the last 6 recorded closings in Paraiso Bayviews, with the price each home actually sold for rather than what it was listed at. They closed at a median of $668 per square foot. The most recent closed on August 24, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$440,000
Sold · August 24, 2026
501 NE 31st Street 2903
1 bed · 1.5 bath · 662 sqft · $665/sqft
$19,000 under the asking price
Sold$540,000
Sold · August 14, 2026
501 NE 31 Street 1709
2 bed · 2 bath · 944 sqft · $572/sqft
$60,000 under the asking price
Sold$680,000
Sold · June 2, 2026
501 NE 31st Street 1101
3 bed · 2 bath · 1,110 sqft · $613/sqft
$19,000 under the asking price
Sold$420,000
Sold · May 31, 2026
501 NE 31st Street 2005
1 bed · 1.5 bath · 618 sqft · $680/sqft
$15,000 under the asking price
Sold$770,000
Sold · May 22, 2026
501 NE 31st Street 2906
3 bed · 2 bath · 1,152 sqft · $668/sqft
$49,000 under the asking price
Sold$430,000
Sold · April 2, 2026
501 NE 31st Street 2902
1 bed · 1.5 bath · 622 sqft · $691/sqft
$42,000 under the asking price
See every recorded sale in Paraiso Bayviews or find out what your Paraiso Bayviews home is worth.
