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About this home
Live or invest in one of Miami’s most dynamic waterfront communities — Paraiso Bay in Edgewater. This elegant 2BD/3BA residence features direct Biscayne Bay views, a private elevator foyer, and an expansive terrace ideal for outdoor living and entertaining. Currently leased through Nov 2026, offering immediate income plus strong long-term appreciation potential. Paraiso Bay delivers a true resort lifestyle with a stunning beach-entry pool overlooking the bay, full-service spa, state-of-the-art fitness center, tennis courts, bowling alley, private club rooms, and an on-site café. The community includes a scenic baywalk, waterfront dining at Amara, boutique retail, and lush parks with children’s and pet areas. Perfectly situated minutes from Miami Design District, Wynwood, Midtown, and Brickell, Paraiso Bay blends privacy, convenience, and sophistication. Whether you’re seeking a luxury primary residence, seasonal retreat, or high-performing investment property, this opportunity offers it all. Motivated Seller! Currently Leased until Nov 2026.
Features
- Cooking Island
- Walk-In Closet(s)
- East Of Us1
- Open Balcony
- Bay
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
- $4,546
- HOA
- $1,636 / 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.