501 NE 31st St #407, Miami, FL 33137
501 NE 31st St #407, Miami, FL 33137
501 NE 31st St #407, Miami, FL 33137
PENDING

501 NE 31st St #407
Miami, FL 33137

Wynwood - Edgewater

Local Information

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Description

Investors dream! 5,41% cap rate. Building allows short time rentals (30 days min period) This 2 bedroom, 2 bathroom + Den condo has high ceilings and high-end appliances. Huge balcony with access from the bedrooms and the living room. Parking space at the same unit floor. Paraiso Bayviews' luxurious amenities includes one rooftop pool and one sunset pool, hot tub and spa, tennis court, paddle court, media/game room and state-of-the-art exercise room. As a resident of Paraiso Bayviews you can also relax at the Beach club or enjoy great cuisine and drinks at the famous Amara at Paraiso. Located few books away from the shops at Midtown and the Design District. Text Listing Agent for showings.

Home Details for 501 NE 31st St #407

Year Built
2018
Parking
1 Car Garage
Price/Sqft
$458
HOA
$916/monthly
Heating
Yes
Cooling
Yes
Outdoor
No Info
Laundry
Washer, Dryer

Interior Features

Interior Details
Number of Rooms: 3Types of Rooms: Bedroom, Master Bathroom, Living Room
Beds & Baths
Number of Bedrooms: 2Number of Bathrooms: 2Number of Bathrooms (full): 2
Dimensions and Layout
Living Area: 1069 Square Feet
Appliances & Utilities
Appliances: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, WasherDishwasherDryerMicrowaveRefrigeratorWasher
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: Central AirHas Heating
Fireplace & Spa
Spa: Association
Windows, Doors, Floors & Walls
Window: Clear Impact GlassFlooring: Carpet, Ceramic Tile
Levels, Entrance, & Accessibility
Number of Stories: 46Floors: Carpet, Ceramic Tile
View
Has a ViewView: Bay, Pool
Security
Security: Fire Alarm, Smoke Detector(s), Card Entry, Secured Garage/Parking, Lobby Secured

Exterior Features

Exterior Home Features
Exterior: Tennis Court(s)Has a Private Pool
Parking & Garage
Number of Garage Spaces: 1Number of Covered Spaces: 1Has a GarageHas an Attached GarageParking: 1 Space,Assigned
Pool
Pool: Private PoolPool
Frontage
WaterfrontFrontage Type: Bay/HarborOn Waterfront
Farm & Range
Not Allowed to Raise Horses

Days on Market

Days on Market: 88

Property Information

Year Built
Year Built: 2018
Property Type / Style
Property Type: ResidentialProperty Subtype: CondominiumStructure Type: Condo 5+ Stories, Condo, High RiseArchitecture: Condo 5+ Stories,Condo,High Rise
Building
Building Name: Paraiso BayviewsConstruction Materials: Concrete Block ConstructionNot a New ConstructionAttached To Another StructureNot Habitable Residence
Property Information
Condition: New ConstructionParcel Number: 0132300962250

Price & Status

Price
Price Per Sqft: $458
Status Change & Dates
Possession Timing: Negotiable, Other

Active Status

MLS Status: Active With Contract

Location

Direction & Address
Community: Paraiso Bayviews Condo

Agent Information

Listing Agent
MLS/Source ID: A11095067

Building

Building Area
Building Area: 1069 Square Feet

Community

Not Senior Community

HOA

Association for this Listing: A-Miami Association of REALTORSHas an HOAHOA Fee: $916/Monthly

Lot Information

Lot Area: 1069 Square Feet

Offer

Listing Terms: All Cash, Conventional

Tax Information

Annual Tax Amount: $7,350Tax Legal Description: PARAISO BAYVIEWS CONDO UNIT 407 UNDIV 0.295581% INT IN COMMON ELEMENTS OFF REC 29392-4114

Compensation

Buyer Agent Commission: 3%Buyer Agent Commission Type: %

Rental

Rent Includes: Parking, Pool Service, Security, Sewer, Trash Removal, Water

Miscellaneous

Zillow Contingency Status: Under ContractWater ViewWater View: Bay, Pool

Additional Information

HOA Amenities: Community Room,Elevator(s),Fitness Center,Heated Pool,Other,Sauna,Tennis Court(s),Trash Chute
Last check for updates: 22 minutes ago
Listing courtesy of Linda Fermin
Miami Beach Real Estate Group
Originating MLS: A-Miami Association of REALTORS
Source: MIAMI, MLS#A11095067

Price History for 501 NE 31st St #407

Event DetailsPrice
11/04/2021
Pending
MIAMI #A11095067
$490K

11/04/2021
Listed For Sale
MIAMI #A11095067
$490K

01/10/2021
ListingRemoved
MIAMI
$578K

11/08/2020
Listed For Sale
Agent Provided
$578K

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Price Trends

For homes in 33137
$472,954
Typical home value
This home: $490,000 3% above
$645
Typical Home Value by sqft
This home: $458 41% below
Price trends provided by third party data sources.

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Wynwood - Edgewater

At least 268 Trulia users voted on each feature.
  • 88%
    There are sidewalks
  • 86%
    It's dog friendly
  • 85%
    It's walkable to restaurants
  • 81%
    It's walkable to grocery stores
  • 68%
    Streets are well-lit
  • 56%
    People would walk alone at night
  • 56%
    There's holiday spirit
  • 54%
    Car is needed
  • 47%
    It's quiet
  • 47%
    Parking is easy
  • 45%
    They plan to stay for at least 5 years
  • 36%
    Yards are well-kept
  • 35%
    Neighbors are friendly
  • 35%
    Kids play outside
  • 34%
    There's wildlife
  • 28%
    There are community events
Learn more about our methodology.
  • Trulia User
    "Needs help in maintaining the area clean. Sidewalks are dirty and cracked. No pedestrian cross walk available. No traffic stops from 29st street and 2nd Ave to 21st street and 2nd Ave, cars speed all the time and cause accidents on weekly basis. Not walkable due to this. Dog owners do not pick up after their needs. Overall - neighbor needs some TLC. "
    0
    Flag
  • Trulia User
    "I’ve lived here for 1 year and it’s nice and quiet. No nightlife in Edgewood so it’s good for families and ppl who aren’t that social."
    10
    Flag
  • Trulia User
    "I think if you live near Margaret pace park it’s awesome for children and Ed water is pretty safe and awesome "
    1
    Flag
  • Trulia User
    "Not gonna lie.. there is traffic in the mornings and afternoons usually work hours. The rest of the day is nice"
    1
    Flag
  • Trulia User
    "There are dog parks, with gates but they are right next to the kids parks and sometimes it’s uncomfortable for both parties. Dog owners. PLEASE PICK UP! "
    1
    Flag
  • Trulia User
    "Walking distance to Farmers market, bakeries, florists, restaurants, grocery, shopping, malls, theatre, beach, parks more"
    1
    Flag
  • Trulia User
    "Eclectic, nightly, safe, accessibility, views, walkable, a bit quiet, elegant, unique, fashionable, electric, buildings, etc. all these positive positive attributes and more makes the place enjoyably livable"
    8
    Flag
  • Trulia User
    "Amazing water views and great luxury shopping and groceries just steps away. Very safe and newest, best place to live in Miami now. Tons of new luxury construction as its the hottest location in Miami to live right now."
    0
    Flag
  • Trulia User
    "Good central location with quick access to highways in all directions East to Miami Beach, North to Fort Lauderdale, South to Coral Gables, and West to the airport. "
    0
    Flag
  • Trulia User
    "I have lived here for a year. The building i live in - aria on the bay - is great. Would highly recomend it "
    3
    Flag
  • Trulia User
    "None. It is a pretty insular, partially gentrified neighborhood with no sense of community. It’s a more “keep to yourself” vibe. "
    0
    Flag
  • Trulia User
    "Easy access to good shopping, dining, entertainment, and water sport activity. Also close access to museums and parks."
    0
    Flag
  • Trulia User
    "I been in this area for 6 years and I love it ! I feel safe to walk if needed. Lot of restaurants and bars are near by. I definitely will stick to this area "
    3
    Flag
  • Trulia User
    "Is fun and is convenient for me. I am between my work and also to a lot of comercial places. Restaurants. Stores. Hospitals. School. Beach. I have been living in the area for 6 years. "
    1
    Flag
  • Trulia User
    "I don’t use public transportation. I drive and traffic is different everyday but usually not too congested in this area. "
    0
    Flag
  • Trulia User
    "Choose another area if you have a family. It’s dirty and lots of concrete and crazy drivers no warmth in people. Very transient "
    0
    Flag
  • Trulia User
    "Centralized, young, hip neighborhood. Great restaurant, great transportation options, short commute to the airport. "
    3
    Flag
  • Trulia User
    "Lots of dining, entertainment, shopping, parks and beaches with great water views. Clean new buildings with fresh ocean breezes. Kids can roam safely and ride bikes in the streets. Great safe place to live. "
    0
    Flag
  • Trulia User
    "Everything is close, there’s a lot of activities to do, nice people and the place is being redesigned to be more modern"
    0
    Flag
  • Trulia User
    "Living in from of Margaret pace park is amazing! It’s like having a giant backyard. And the location is also great "
    0
    Flag
  • Trulia User
    "We have close nice restaurants and places for fun. Is closer to the beach, and if you dont have a car the public transportation worjs very good "
    0
    Flag
  • Trulia User
    "It have parks and great spaces but maybe is not the best zone to grow up, there’s all kind of crazy people on the street."
    0
    Flag
  • Trulia User
    "great fashion, art, and other cultural activities. proximity to everything good in miami and easy access to work in plantation "
    1
    Flag
  • Trulia User
    "Cars are the primary mode of transportation in this neighborhood. The commute it hectic in weekends but okay on weekdays "
    0
    Flag
  • Trulia User
    "Very modern, trendy, and conveniently located. Plenty to see and do. Great for singles or young couples. "
    0
    Flag
  • Trulia User
    "tons of dogs in the neighborhood, and they get to play with each other. some people dont pick up after their dogs but i believe is the minority. parks are nearby too."
    0
    Flag
  • Trulia User
    "I visit this area many times some time is busy much people and no parking can’t walk safe restaurant to spend food really good some people crazy"
    3
    Flag
  • Trulia User
    "Your kids are safe for the most part, but parental supervision is always important! The area is close to design district which is nice as well, yet at night can encounter dodgy people."
    1
    Flag
  • Trulia User
    "Great, young close to green spaces and the bay but too overpriced! Close to Wynwood and downtown but lots of traffic mon-Friday in Main Street Biscayne "
    0
    Flag
  • Trulia User
    "People walking their dogs, baby carriages, joggers, people doing yoga, exercising and children playground....its fun neighborhood for sure "
    1
    Flag
  • Trulia User
    "It’s a safe area, always people around. There are playgrounds for children, young adults and adults. Also, dog runs for small dogs and bigger dogs."
    0
    Flag
  • Trulia User
    "Yes. Have a dog run and lots of dogs in neighborhood. Lots of walking anytime of the day. Pet friendly for sure"
    1
    Flag

LGBT Local Legal Protections

LGBT Legal Protections updated by Movement Advancement Project
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
501 NE 31st St #407, Miami, FL 33137 is a 2 bedroom, 2 bathroom, 1,069 sqft condo built in 2018. 501 NE 31st St #407 is located in Wynwood - Edgewater, Miami. This property is currently available for sale and was listed by MIAMI on Sep 7, 2021. The MLS # for this home is MLS# A11095067.