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Condominium at 650 NE 32nd St # 4206, Miami FL 33137Active
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Waterfront · Condominium
$935,000$876 / sqft

650 NE 32nd St # 4206, Miami FL 33137

2
Bedrooms
2
Bathrooms
1,067 sqft
Interior
2018
Year built
$1,324 / mo
HOA
Condominium
Type

About this home

Stunning furnished 2 Bed + Den / 2 Bath condo at Paraiso Bay with direct, unobstructed views of Biscayne Bay. This spacious residence features an open layout, modern kitchen with island, and a large private balcony perfect for entertaining. Master suite includes glass-enclosed shower and elegant finishes. Enjoy private foyer access with exclusive elevator entry. Five-star amenities include a massive 100-ft diameter pool, full gym, spa, wine cellar, cigar lounge, two tennis courts, and more. A true luxury lifestyle in Edgewater! Unit is rented for $6,000 until 05/14/2027.

Features

  • First Floor Entry
  • Other
  • Open Balcony
  • Bay

Location

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

Estimated loan & HOA

$6,052

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

Principal & interest
$4,728
HOA
$1,324 / 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
FACCIN Group 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.