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Waterfront · Condominium
$849,900$738 / sqft
501 NE 31st St # 3906, Miami FL 33137
Listed
3
Bedrooms
2
Bathrooms
1,152 sqft
Interior
2018
Year built
$1,608 / mo
HOA
Condominium
Type
About this home
BEST VIEW IN THIS CONDO. And PAY ATTENTION to the building that is being constructed on the left. It will be 37 floors, so in this unit you will not lose any view!!! A beautiful panoramic views of Biscayne Bay and the vibrant Miami skyline from your private, floor-to-ceiling glass-enclosed balcony. This modern 3-bedroom, 2-bathroom condo features an open-concept layout, an Italian kitchen with top-of-the-line Bosch appliances, and a spacious living area perfect for entertaining. The building, designed by Arquitectonica, offers resort-style amenities including a rooftop pool, state-of-the-art fitness center, spa, movie theater, and a private beach club with access to the exclusive Amara at Paraiso restaurant. Located in the heart of Miami's Edgewater neighborhood, you're just minutes from the Design District, Wynwood, and the city's best dining and entertainment. Experience the ultimate in luxury urban living! Easy to show.
Features
- First Floor Entry
- Open Balcony
- Tennis Court(s)
- Bay
- Skyline
- Water View
Leasing
- Minimum lease
- 180 days
- Leases permitted per year
- 2
- No Daily Rentals
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 $3,000–$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.