$680,000
501 NE 31st Street 601
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $680,000
- Price per sq ft
- $613
- Vs. nearby sales
- 8.1% below
- Days on market
- 123
This 3-bedroom condo in Paraiso Bayviews Condo is listed at $680,000, or $613 per square foot. The asking price has come down 2.7% from its original $698,750. It has been on the market for 123 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 8.1% below what comparable homes here actually sold for.
Estimated monthly payment
$3,574 /mo
Principal and interest only, based on $136,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $1,544/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $680,000
- Days on Site
- 123 Days
- Bedrooms
- 3
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 1,110 sqft
- Total Sq Ft
- 1,110 sqft
- Year Built
- 2018
- Property Type
- Condo
- MLS #
- A12032247
- Property Tax
- $10,687 (2025)
- HOA Fees
- $1,544 / Monthly
- Subdivision
- PARAISO BAYVIEWS CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Real Estate Owned / Listed As Is
About This Property
Exceptional opportunity to own a beautifully FURNISHED 3-Bedroom, 2-Bath residence at Paraiso Bayviews in the heart of Miami's vibrant Edgewater neighborhood. This thoughtfully designed 1,110 SF home features stylish wallpaper throughout, upgraded designer lighting, and a spacious open layout ready for immediate occupancy. Located on the 6th floor, the residence offers pleasant city views and abundant natural light.Paraiso Bayviews is one of Edgewater's premier lifestyle destinations, offering resort-style amenities including a rooftop pool with panoramic bay views, state-of-the-art fitness center, tennis courts, spa, children's playroom, clubhouse, summer kitchens, and more. Residents also enjoy access to the renowned Amara at Paraiso waterfront restaurant by award-winning chef Michael Schwartz.Investor-friendly building allows 30-day rentals up to 12 times per year, making this an excellent option for both end-users and income-focused buyers. Ideally located just minutes from the Design District, Midtown Miami, Wynwood, Downtown Miami, Brickell, Miami Beach, and Miami International Airport. Bank-owned property priced to sell.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2018
- Property Condition
- Resale
- Number of Stories
- 50
- Garage Spaces
- 1
- Living Sq Ft
- 1,110
- Total Sq Ft
- 1,110
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Water Heater / Microwave / Refrigerator / Washer
- Cooling
- Electric
- Heating
- Electric
- Interior Features
- Main Level Primary
Exterior Features
- Construction
- Block
- Exterior Features
- Barbecue
- View
- Skyline
Community & HOA
- HOA Fee
- $1,544 / Monthly
- HOA Includes
- Cable Tv / Hot Water / Insurance / Internet / Maintenance Grounds / Sewer / Trash / Water
- Association Amenities
- Management / Parking / Tennis Courts
- Security
- Elevator Secured / Secured Garage Parking / Key Card Entry / Smoke Detectors / Security Fence / Security Guard
- Pets Allowed
- Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional / Cryptocurrency / Lease Option
- Restrictions
- Okay To Lease1st Year / Other Restrictions / Ok To Lease / See Remarks / Short Term Rentals Allowed
- MLS Area
- 2320
This home's HOA fee works out to $1,544 a month, 19% above 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
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
- 41
- Under Contract
- 1
- Median List Price
- $599,000
- Median $/Sq Ft
- $690
- Avg Days on Market
- 163
Frequently Asked Questions
- How do I schedule a tour of 501 NE 31st Street 601, Miami, FL 33137?
- Use the Tour button on this listing to request a showing of 501 NE 31st Street 601, 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 601, Miami, FL 33137 still available?
- 501 NE 31st Street 601, Miami, FL 33137 is currently listed as Active, and has been on the market 123 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 601, Miami, FL 33137?
- With 20% down ($136,000) on the $680,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 501 NE 31st Street 601, Miami, FL 33137 is about $3,574/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 601, 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 601, 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 601, Miami, FL 33137 have an HOA fee?
- Yes: 501 NE 31st Street 601, Miami, FL 33137 carries an HOA fee of about $1,544 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 601, Miami, FL 33137?
- 501 NE 31st Street 601, 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 601, Miami, FL 33137?
- Often, yes. The right offer on 501 NE 31st Street 601, 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 Red Road Real Estate Florida
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.
$680,000
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Listed by Mauricio E Rojas, Red Road Real Estate Florida
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Recent Sales
Recently sold homes in Paraiso Bayviews Condo
These are the last 6 recorded closings in Paraiso Bayviews Condo, 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 Condo or find out what your Paraiso Bayviews Condo home is worth.
