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Paraiso Bayviews, 501 NE 31st St #3703, Miami, FL 33137

535,000(-3.27% )
1Beds
11/2Baths
662SqFt

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Details

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Status:
Sold - Dec 04, 2023
Parking: No info
Size: 662 SqFt (62 m2)
Price: $782/SqFt ($8,414/m2)
Type: Condo
Built: 2018
HOA: $757/MO
MLS Number: A11395749
View: Bay
On Site: 826 Days
Updated: 640 Days ago
Page Views: 0
The skies and atlantic ocean seem endless from this 37th floor residence in the premier “03” line at paraiso bays condominium. Wake up to sunrises and retire to twinkling lights near every day in this beautiful 1 bedroom condo which includes a bonus den, kitchen w/ Snack court, superb bathrooms (full & half), and fantastic balcony. Built in the heart of miami minutes from the design district, midtown, wynwood, and downtown, this 5-year new addition to the edgewater neighborhood features heated pools (a roof top pool to die for), grilling area, tennis courts, state-of-the-art fitness center & spa, children’s playroom, lounge rooms, theater, 24-concierge, & valet service. Condo is occupied by excellent tenant thru november, 2023 @$3,100/month. An a+ opportunity for investors and owner/users!
Features
Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Bay
Interior, Heating and Cooling
  • Interior Features: BedroomonMainLevel, DualSinks, LivingDiningRoom
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir,Electric
Building and Construction
  • Floor Description: Other
  • Windows/Treatment: ImpactGlass
  • Year Built: 2018
  • Year Built Description: Resale
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2023-06-01T15:37:35.000-00:00
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: Sewer,Trash,Water
    • Taxes: 6409
    • Security Information: ElevatorSecured, SecuredGarageParking, LobbySecured, FireSprinklerSystem
    • Parking Description: Covered,OneSpace
    • Total Floors in Building: 48

    Price History

    12/04/2023

    Date

    Sold

    Event

    $517.5K

    Price

    -3.27%

    Change Rate

    $782 ft2 / $8,414 m2

    Price Per

    09/18/2023

    Date

    Price Reduced

    Event

    $535K

    Price

    -1.83%

    Change Rate

    $808 ft2 / $8,699 m2

    Price Per

    05/31/2023

    Date

    Listed

    Event

    $545K

    Price

    $823 ft2 / $8,862 m2

    Price Per

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

    Listed by Valaree ByrneBHHS EWM Realty • Buyer Agency Compensation .

    Instant Comps

    $300/ft²
    $500/ft²
    $700/ft²
    $1,000/ft²

    Unit #3703 – Asking

    $782/ft²

    (-1%) 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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