Paraiso Bayviews, 501 NE 31st St #3507, Miami, FL 33137

575,000(-1.74% )
$565,000Price
1Beds
1 1/2Baths
746SqFt

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Details

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Status:
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Parking: 1
Size: 746 ft2 / 69 m2
Price: $757 ft2 / $8,152 m2
Built: 2018
HOA: $965/MO
MLS Number: A11625583
View: Garden
On Site: 264 Days
Updated: 67 Days ago
Page Views: 0
Investor’s dream! High-income rental condo! Motivated seller – quick close, 1031 exchange opportunity & package deal available. A luxurious 1bed + den, 1.5-bath condo with floor-to-ceiling windows, stylish modern finishes and a spacious balcony offering breathtaking miami views. Paraiso bayviews is a resort-style building, located in the high-demand area which ensures strong rental potential. 31-day minimum rentals allowed, up to 4 times a year. The seller is ready to close quickly, and this property can be purchased individually or as a package deal together with a11625252 - perfect for 1031 exchange buyers looking to maximize returns.

Features

Bedrooms
Bedrooms: 1
Bathrooms
Bathrooms: 1
Half Bathrooms: 1
Exterior and Lot Features
Exterior Features: Deck, SecurityHighImpactDoors
View: Garden

Price History

10/29/2024

Date

Price Reduced

Event

$565K

Price

-1.74%

Change Rate

$757 ft2 / $8,152 m2

Price Per

09/18/2024

Date

Price Reduced

Event

$575K

Price

-1.71%

Change Rate

$771 ft2 / $8,297 m2

Price Per

08/22/2024

Date

Price Reduced

Event

$585K

Price

-1.68%

Change Rate

$784 ft2 / $8,441 m2

Price Per

07/17/2024

Date

Listed

Event

$595K

Price

$798 ft2 / $8,585 m2

Price Per

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

Listed by Natalia SgibnevaLuxe Living Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis

$400/ft²
$500/ft²
$800/ft²
$1,000/ft²

Unit #3507 – Asking

$757/ft²

(+10%) from Closed Avg. $/ft²

Closed Avg. $/ft²

$687/ft²
Community $/Price Range (Closed) $565/ft² – $833/ft²
UnitBed/BathSize SqFt$/SqFtExposureViewSoldClosed Date
# 37071/1746$690SoutheastBay, City$515,00010/4/2024
# 25071/1746$684SoutheastBay, City, Ocean, Intercoastal$510,0005/6/2024
Unit: # 3707
Bed/Bath: 1/1Size SqFt: 746$/SqFt: $690Exposure: SoutheastView: Bay, CitySold: $515,000Closed Date: 10/4/2024
Unit: # 2507
Bed/Bath: 1/1Size SqFt: 746$/SqFt: $684Exposure: SoutheastView: Bay, City, Ocean, IntercoastalSold: $510,000Closed Date: 5/6/2024
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