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3131 NE 7th Ave, Miami FL 33137
About this home
Panoramic Views at One Paraiso! A rare opportunity to own this almost new, hardly lived in, waterfront 2-story Upper Penthouse, where breathtaking ocean, bay, city & skyline sunset views unfold from every room. Spanning over 3,137 Sq.Ft., this 4BD/5.5BA N.E. corner two-story residence is wrapped in floor-to-ceiling glass, filling the interiors with natural light. A private elevator foyer entry, an open eat-in kitchen with an island, multiple balconies, & a gorgeous primary suite with walk-in closets, primary bath with dual sinks, & separate tub & shower. High ceilings everywhere, complete electric shades throughout, a storage room, and 2 parking spots. Entertain in Style! What sets this home apart is the expansive private covered rooftop terrace with a summer kitchen, jacuzzi, and an incredibly rare offering in Miami. This pet-friendly building is known for its resort-style lifestyle & full-service experience. Residents enjoy world-class amenities including multiple waterfront pools, tennis courts, a State-of-the-Art fitness center, spa & sauna, movie theater, Amara restaurant, business center, valet, concierge, & 24-hour security, all within one of Edgewater’s most prestigious towers. Perfectly positioned in Edgewater, you’re surrounded by the Design District, Midtown, Wynwood, & Downtown Miami, top dining, shopping, & cultural destinations just mins away. Enjoy waterfront park & dog park, baywalk paths, & easy access to Miami Beach & MIA Airport.
Features
- Lobby
- First Floor Entry
- Closet Cabinetry
- Elevator
- Roman Tub
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- Family Room
- Storage
- Utility Room/Laundry
- Open Balcony
- Bay
- Ocean View
- Skyline
Location
Approximate — shows the building, not the unit. Open in maps (opens in a new tab)
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $25,257
- HOA
- $4,809 / 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.
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.
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.