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Condominium at 501 NE 31st St # 204, Miami FL 33137Active
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Condominium
$460,000$754 / sqft

501 NE 31st St # 204, Miami FL 33137

1
Bedrooms
2
Bathrooms
610 sqft
Interior
2018
Year built
$852 / mo
HOA
Condominium
Type

About this home

SUPER UPGRADED 1 BED/1.5 BATH WITH TWO ASSIGNED PARKING SPACES — A RARE FIND! This charming LOFT-STYLE low-floor unit unobstructed views has HIGHER CEILINGS (exclusively for 2nd floor), and features TILE FLOORING, ELECTRIC SHADES AND SEVERAL CUSTOM CABINETRY UPGRADES (including custom-built bar with wine cooler, and extra storage in the master bedroom). Parking with easy access to the unit. Paraiso Bayviews is a NEWER BUILDING PACKED WITH AMENITIES, including a rooftop pool with spectacular views, fitness center, multiple barbecue areas, tennis court, and much more. YOU’LL LOVE THE LOCATION! Walk to great restaurants, cool shops, and everything Edgewater has to offer. Plus, you’re just minutes from Design District, Wynwood, and Midtown. Great building, very well managed, with 24H FRONT DESK AND VALET PARKING. Cable/internet included in HOA. *** THIS IS REALLY A RARE FIND! ***

Features

  • Built-in Features
  • Elevator
  • Walk-In Closet(s)
  • Open Balcony
  • Garden View

Location

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

Estimated loan & HOA

$3,178

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

Principal & interest
$2,326
HOA
$852 / 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.