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Waterfront · Condominium
$1,269,000$975 / sqft
501 NE 31st St # 3302, Miami FL 33137
Listed
3
Bedrooms
4
Bathrooms
1,301 sqft
Interior
2018
Year built
$1,810 / mo
HOA
Condominium
Type
About this home
Please visit Virtual Tour Available: ( my.matterport .com/show/?m=EwsnUiaCJ7M ) This is a very unique property the only one like this in the building, was two units combined by the developer in order to create this amazing 3 bedrooms, 3 bathrooms, 1 half bath + two car garage and out of the 3 bedrooms two are master suites. Incredible directly bay and ocean view. The SqFt from the developer is a total of 1,500 SqFt under A/C + 278 SqFt of Balcony (images of combined floor plans LINE 02 and 03 done by the developer) Showings only on TUESDAYS AND WEDNESDAYS 11:00am to 2:00pm (NO EXCEPTIONS)
Features
- Built-in Features
- Closet Cabinetry
- Split Bedroom
- Walk-In Closet(s)
- Barbeque
- Courtyard
- Bay
- Ocean View
Leasing
- Minimum lease
- 30 days
- Leases permitted per year
- 12
Leasing terms as stated in the MLS listing, not verified by us. The association’s governing documents control what is actually permitted and can change — confirm before you buy.
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$12,000.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter 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. We are not a lender and neither offer nor arrange financing. 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.