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Condominium at 501 NE 31st St # 3208, Miami FL 33137Active
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Waterfront · Condominium
$675,000$623 / sqft

501 NE 31st St # 3208, Miami FL 33137

2
Bedrooms
2
Bathrooms
1,084 sqft
Interior
2018
Year built
$1,558 / mo
HOA
Condominium
Type

About this home

Spacious 1,085 sq ft high-floor residence on the 32nd floor of a 46-story tower with spectacular water, bay, and skyline views at Paraiso Bayviews in the highly desirable Edgewater neighborhood. This sun-filled 2-bedroom, 2-bath + DEN unit features southwest exposure, offering beautiful natural light and sunset views over Biscayne Bay and the Miami skyline. A welcoming foyer entry leads to an open living and dining area with floor-to-ceiling glass and access to a large terrace—perfect for relaxing or entertaining while enjoying bay breezes & city views. The modern European-style kitchen features sleek cabinetry, quartz countertops, and premium appliances. A versatile den provides the ideal space for a home office, media room, or guest area. The split-bedroom layout offers privacy and comfort. The spacious primary suite includes a walk-in closet, an elegant ensuite bathroom, and access to its own private terrace. The 2nd bedroom is generously sized & located near the 2nd full bathroom. The unit also has a washer & dryer and 1 assigned parking space. Enjoy resort-style waterfront living with exceptional amenities boasting a 46th-floor rooftop pool with panoramic water & city views, and an additional 2nd pool deck on the 9th floor, together with a fitness center, sauna, theater room, game room, kids’ playroom, club room, tennis courts, 24-hour concierge & security. Prime location 10-15 minutes from the Design District, Midtown, Wynwood, Downtown, Brickell, and Miami Beach.

Features

  • Built-in Features
  • Fire Sprinklers
  • Walk-In Closet(s)
  • East Of Us1
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$4,971

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$3,413
HOA
$1,558 / 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.

Courtesy of
Coldwell Banker Realty

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.

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 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.