Closed

Paraiso Bayviews, 501 NE 31st St #2503, Miami, FL 33137

575,000(-7.3% )
1Beds
11/2Baths
662SqFt

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Details

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Status:
Sold - Oct 27, 2023
Parking: 1
Size: 662 SqFt (62 m2)
Price: $805/SqFt ($8,666/m2)
Type: Condo
Built: 2018
HOA: $768/MO
MLS Number: A11367581
View: Bay, Intercoastal, Ocean
On Site: 847 Days
Updated: 648 Days ago
Page Views: 0
Step inside in one of the best fully furnished one bedroom plus den apartment, with incredible views in edgewater! this spacious apartment was professionally decorated with no expenses spared, it is luminous, it has an oversized balcony overlooking the bay, the ocean and miami most beautiful coastline. this unit is in mint condition, it has never been rented and it is being sold turn key. unit allows 30 days rent minimum - 12 times a year. Making this immediately a great income producing unit. *furnished*
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay, Intercoastal, Ocean
Interior, Heating and Cooling
  • Interior Features: BuiltinFeatures, BreakfastArea, ClosetCabinetry, DiningArea, SeparateFormalDiningRoom, DualSinks, Elevator, FirstFloorEntry
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Other, Refrigerator, SelfCleaningOven, Washer
  • Heating Description: Central
  • Cooling Description: Electric
Building and Construction
  • Floor Description: CeramicTile,Tile
  • Windows/Treatment: Blinds,ImpactGlass
  • Year Built: 2018
  • Year Built Description: Condo-Hotel
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Southside
Other Property Info
  • Garage: 1
  • Listing Date: 2023-04-17T16:59:19.000-00:00
  • Pets Allowed: SizeLimit,Yes
Taxes, Fees & More
  • Maintenance Includes: Amenities
  • Taxes: 6037
  • Security Information: DoorMan, ElevatorSecured, SecurityGuard, SmokeDetectors
  • Parking Description: OneSpace
  • Total Floors in Building: 46

Price History

10/27/2023

Date

Sold

Event

$533K

Price

-7.3%

Change Rate

$805 ft2 / $8,666 m2

Price Per

08/08/2023

Date

Price Reduced

Event

$575K

Price

-2.38%

Change Rate

$869 ft2 / $9,349 m2

Price Per

04/05/2023

Date

Listed

Event

$589K

Price

$890 ft2 / $9,577 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by Fernanda ZomignaniAG Real Estate Advisors, LLC • Buyer Agency Compensation .

Instant Comps

$300/ft²
$500/ft²
$700/ft²
$1,000/ft²

Unit #2503 – Asking

$805/ft²

(+2%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$790/ft²
Community $/Price Range (Closed) $485/ft² – $828/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 38031/1622$828NortheastBay, City, Ocean$515,0007/31/2025
# 28031/1662$746EastBay$494,00012/18/2023
# 37031/1662$782EastBay$517,50012/4/2023
# 25031/1662$805EastBay$533,00010/27/2023
Unit: # 3803
Bed/Bath: 1/1Size SqFt: 622$/SqFt: $828Exposure: NortheastView: Bay, City, OceanSold: $515,000Closed Date: 7/31/2025
Unit: # 2803
Bed/Bath: 1/1Size SqFt: 662$/SqFt: $746Exposure: EastView: BaySold: $494,000Closed Date: 12/18/2023
Unit: # 3703
Bed/Bath: 1/1Size SqFt: 662$/SqFt: $782Exposure: EastView: BaySold: $517,500Closed Date: 12/4/2023
Unit: # 2503
Bed/Bath: 1/1Size SqFt: 662$/SqFt: $805Exposure: EastView: BaySold: $533,000Closed Date: 10/27/2023
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