501 NE 31st Street 401, Miami, FL 33137

Overview

Description

Located in the sought-after Paraiso neighborhood, this residence offers a rare blend of lifestyle, flexibility, and long-term value. Sold with high-end Ligne Roset furnishings, the unit features 10’+ ceilings, generous living space, and parking conveniently located on the same floor. Investor-friendly rental policy allows 30-day minimum rentals up to 3 times per year. Residents enjoy a wellness-centric environment with resort-style amenities, spa, state-of-the-art fitness center, and curated fitness classes. Paraiso is a walkable waterfront community with Amara Bayfront restaurant, cafes, shops, daily conveniences, bayfront dog park, green spaces, and proximity to quality schools—ideally located near Midtown and the Design District, minutes to the beach, Brickell, and the Performing Arts Center.

General Property Information

Unit Floor #: 4
Property Sub Type: Condominium
Bedrooms Total: 3
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 1110
Living Area Main: 1110
Adjusted Area Main: 1110
Year Built: 2018
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: Yes
Waterfront YN: Yes
Stories Total: 36
Furnished: Furnished

Property Features

Application Information: Other Approvals Exterior Features: Other Flooring: Ceramic Tile Property Condition: Resale Appliances: Other Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Other Listing Terms: Cash; Conventional Other Equipment: Other Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Negotiable Restrictions: Other Restrictions Road Frontage Type: East of US-1 Security Features: Security System Special Information: Sold As-Is Tax Information: City/County Water View: Bay Waterfront Features: Bayfront Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 850000
Occupant Type: Call Listing Agent

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 501
Street Direction Prefix: NE
Street Name: 31st
Street Suffix: Street
Unit Number: 401
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33137
Postal Code +4: 4479
Postal Zip: 33137
Subdivision Name: PARAISO BAYVIEWS CONDO
Area: 2320
Elementary School: Eneida Massas Hartner
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0132300960030
Subdivision Number: 96
Flood Zone: X

Financial Information

Association YN: Yes
Association Fee: 1544
Association Fee Frequency: Monthly
Estimated Monthly Assoc Recurring Fee: 1544
Membership Fee Required YN: No
Tax Annual Amount: 10646
Tax Year: 2025
Tax Legal Description: PARAISO BAYVIEWS CONDO UNIT 401 UNDIV 0.306918% INT IN COMMON ELEMENTS OFF REC 29392-4114

Status Change Information

Major Change Timestamp: 2026-04-24T21:50:14Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-24T21:50:14Z
Status Change Date: 2025-12-29

More Information

Parking Information

Open Parking Spaces: Yes

Short Sale Details

Short Sale Addendum: No

Leasing Restrictions

Leasing - Max Times Per Year: 2
Leasing - Minimum Number of Days: 181

Price Calculations

Current Price To SqFt: 738.73

Section Details

Parcel Number MLX: 0030

Originating Details

Originating System Key: 424652156
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Fee Details

Application Fee: 0

Application Information

Other Approvals: Yes

Amenities

Other: Yes

Exterior Features

Other: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

Heating

Central: Yes

Water View

Bay: Yes

Appliances

Other: Yes

Construction Materials

Block: Yes

Interior Features

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Other Equipment

Other: Yes

Road Frontage Type

East of US-1: Yes

Security Features

Security System: Yes

Waterfront Features

Bayfront: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

Other Restrictions: Yes

Tax Information

City/County: Yes