501 NE 31st St # 707, Miami FL 33137 | Miami, FL | 1 Bed 1 Bath | $475K | Brickellsold

Condo ownership cost

True Monthly Ownership Cost

A buyer-facing estimate built only from reported MLS figures. Not a loan offer or a substitute for association documents.

Known monthly costsEstimate

HOA / association fee: $1,041/moListed $1,041 monthly
Property tax: $532/moPrior-year annual $6,382 (2025)
Known monthly subtotal: $1,573/mo

Financing assumptionsEditable

Adjust these to match your quote. Mortgage shown is principal & interest only.

Down payment %

Interest rate %

Term (years)

Estimated mortgage (P&I): $2,402/mo
Estimated total (with mortgage): $3,975/mo

Not included — unknown or not verified

Mortgage principal & interest (shown separately as an editable estimate)
Homeowners / hazard insurance
Utilities and internet
Special assessments or pending repairs
Parking, storage, and other association fees

Estimates only — based on the listing's reported HOA and prior-year tax figures and your financing inputs. Confirm exact fees, taxes, insurance, utilities, and any assessments with the association, a licensed lender, and public records before making a decision.

Purchase tax estimate Florida insurance guide Request condo documents & cost review

Price History

Event	Price	Date
Original list price	$475,000	Oct 20, 2026

Similar Properties

Unit No. 707

501 NE 31st St # 707, Miami FL 33137

Miami , Miami-Dade County

1-Bed Condominium at PARAISO BAYVIEWS CONDO in Miami

$475,000

Brickellsold Estimate* (fallback: list price)$475,000 (list price)

For Sale

bedroom

bathroom

Square Footage

746

Type of Property

Condominium, Residential

Details

Overview

Sub Type

Condominium

Price Per Sqft

$637/sqft

Built In

2018

Association Fee

$1,041/mo HOA

Taxes

$6,382/yr

Description

Beautiful 1-bedroom + den, 1.5-bath residence at the luxurious Paraiso Bayviews in the heart of Edgewater. This unit features a spacious balcony with city views and partial water views. Maintenance includes internet and cable. Enjoy resort-style amenities, including a rooftop pool with BBQ area, fitness center, spa, tennis courts, business center, movie theater, game room, children's playroom, valet parking, and concierge services. Ideally located just minutes from Wynwood, the Design District, Downtown Miami, and Miami Beach. A great opportunity to own in one of Miami's most desirable neighborhoods!

This condominium home located at 501 NE 31st St # 707, Miami FL 33137 is currently for sale and has been available on Brickellsold for 6 days. This property is listed at $475K. It has 1 beds, 1 bathrooms, and is 746 square feet. It was built in 2018. 501 NE 31st St # 707, Miami FL 33137 is in Miami county Miami-Dade County.

Interior

Bedrooms

Bathrooms

Bathrooms Full

Features

Flooring: Tile
Common walls with other units/homes: Corner Unit

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Microwave, Trash Compactor

Total interior livable area

746 sqft

Property

Parking

Covered Spaces: 1
Parking Features: 1 Space
Garage Spaces: 1

Parcel Number

01-32-30-096-2270

Features

Entry location: Fire Sprinklers
Exterior Features:
Has View: Yes
View Description: Bay

Construction

Property subtype

Condominium, Residential

Attached to another structure

Yes

Materials

CBS Construction

Condition

Year Built: 2018

Community & HOA

Community

Security Features: Fire Sprinklers, Lobby Secured
Subdivision: PARAISO BAYVIEWS CONDO

HOA

Has HOA: Yes
Amenities: Barbecue, Clubhouse-Clubroom, Elevator(s), Exercise Room, Heated Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
HOA Fees: $1,041/mo

Region

Miami

Financial

Price Per Sqft

$637/sqft

Taxes

$6,382/yr

Association Fee

$1,041/mo

On Market Date

10/19/2026

Listing Terms

All Cash, Conventional

Metadata

Added

10/20/2026

Updated

10/26/2026

MLS#

A12109964

Days on Market

Listed By

Cervera Real Estate Inc

Originating MLS

A-Miami Association of REALTORS

Map

FAQs About 501 NE 31st St # 707, Miami FL 33137

Condo building intelligence

Paraiso Bayviews

Active, internet-display-eligible inventory only. Sold listings are excluded.

Active units: 18
Median active ask: $555,000
Active asking range: $429,000–$1,395,000
Median active HOA: $1,041/mo*
Median days on market: 33 days
New in last 7 days: 1
Active price reductions: 3
Reductions in last 30 days: 1
Median reduction: 4.2%*
Building year: 2016
MLS flood zones: X
Data refreshed: Oct 29, 2026

Verify flood risk by exact address

The MLS flood-zone field above may be incomplete or outdated. Search the official FEMA map before making an offer, then obtain a property-specific elevation review and insurance quote; a map zone is not an insurance premium.

Search FEMA by property address

Miami-Dade's Storm Surge Planning Zones guide evacuation decisions and are different from FEMA flood zones. Check the exact address before hurricane season.

Check Miami-Dade storm-surge zone

Confirm condo financing before you rely on an estimate

Condo financing can depend on the project, reserves, insurance, litigation, owner occupancy, and your loan program. Search HUD's official FHA project list as a starting point; a lender must confirm current project and borrower eligibility.

Check HUD FHA condo status

Documents to verify

Milestone inspection: Not verified — request current association documents
Structural reserve study (SIRS): Not verified — request current association documents
Special assessments: Not verified — request current association documents
Rental policy: Not verified — request current association documents

Check Florida's official SIRS reporting database

DBPR displays association-submitted completion reports. A match does not verify the study's contents, reserve sufficiency, or building condition; obtain and review the current study itself.

Search DBPR SIRS reports

Buyer verification note

MLS fees, flood zones, and active-market summaries are informational. Official portals are search starting points, not proof of compliance, completeness, or municipal coverage. Obtain the current budget, reserves, insurance, inspection reports, assessments, minutes, litigation disclosures, and rental rules before relying on them.

Florida DBPR Inspections and SIRS Miami-Dade Community Association Registry FEMA Flood Map Service Center Search Miami-Dade recertification by property address

True Monthly Ownership Cost

Known monthly costsEstimate

Financing assumptionsEditable

Not included — unknown or not verified

Price History

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501 NE 31st St # 707, Miami FL 33137

1-Bed Condominium at PARAISO BAYVIEWS CONDO in Miami

Details

Overview

Description

Interior

Property

Construction

Community & HOA

Financial

Metadata

Map

FAQs About 501 NE 31st St # 707, Miami FL 33137

FAQs About 501 NE 31st St # 707, Miami FL 33137

Paraiso Bayviews

Documents to verify

Buyer verification note

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