650 NE 32nd St, Miami FL 33137
About this home
Rare opportunity to own one of Paraiso Bay’s exclusive Bayhomes, offering the privacy and scale of a luxury waterfront residence with the convenience and amenities of a premier five star resort. Spanning approximately 3,336 SF, this four-level home features a private elevator, custom kitchen and bathrooms, designer lighting, accent walls, California Closets, wine storage, cigar locker, and 4 deeded parking spaces. Designed for entertaining, the expansive rooftop terrace includes a jacuzzi, outdoor kitchen, wet bar, finished tile flooring, and multiple lounge areas. Floor-to-ceiling glass, generous living spaces, and seamless indoor-outdoor flow create a unique residential experience rarely found in Miami’s condominium market. *Seller financing available for qualified buyers for 3.75% interest rate. Terms and conditions apply.*
Features
- First Floor Entry
- Second Floor Entry
- Built-in Features
- Elevator
- Pantry
- Roman Tub
- Walk-In Closet(s)
- Maid/In-Law Quarters
- Storage
- East Of Us1
- Open Balcony
- Tennis Court(s)
- 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
- $16,939
- HOA
- $4,400 / 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.
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.