Skip to content
All listings
Active
Waterfront · Condominium
$889,000$742 / sqft

650 NE 32 street # 1805, Miami FL 33137

2
Bedrooms
3
Bathrooms
1,198 sqft
Interior
2018
Year built
$1,400 / mo
HOA
Condominium
Type

About this home

Enjoy this beautiful 2 bedrooms, 3 bathrooms unit at Paraiso Bay. Open balcony with amazing water view of Biscayne Bay. European kitchen style, Bosch appliances and modern cabinets. Floor to ceiling impact glass windows. High-end amenities such as stunning 100 feet swimming pool overlooking the bay, tennis court, spa, bowling alley, cigar and wine room, kids playroom, movie theater, State of the art Gym and treatment rooms. What is more, a private club for residents at the exclusive AMARA restaurant by Michael Schwartz. For your convenience it is only 15 minutes from Miami Beach, easy access to I-95, downtown Miami & Brickell. Close to wonderful restaurants, shopping & Miami District Design. Unit rented until December, 2026

Features

  • First Floor Entry
  • Other
  • Tennis Court(s)
  • Canal

Estimated loan & HOA

$5,895

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

Principal & interest
$4,495
HOA
$1,400 / 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
Swann Realty Partners, LLC.

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.