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501 NE 31st Street # 3804, Miami FL 33137
About this home
Enjoy breathtaking sunrises and water views from the 38th floor of Paraiso Bayviews, a trendy and luxurious high-rise in Miami. This full-service building features resort-style amenities including heated pools, spa, state-of-the-art fitness center, sauna, tennis & paddle courts, kids' playroom, lounge/party & work areas, BBQ areas, WiFi throughout, 24/7 front desk, valet, and security. The unit boasts 12-ft ceilings, ItalKraft cabinets, Bosch appliances, and an in-unit washer & dryer. Located in the vibrant Edgewater neighborhood. Residents enjoy a peaceful resort lifestyle just steps from the Design District, Midtown, Wynwood, and Downtown. A perfect blend of luxury, convenience, and Miami living at its finest! Rental includes water, internet, and basic cable. The unit comes with one assigned covered parking space.
Features
- Fire Sprinklers
- French Doors
- Walk-In Closet(s)
- Other
- Ocean
- Pool
- Water
- Direct Ocean
- Ocean View
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $3,034
- HOA
- $150 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.
Enter rent, property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.