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Condominium at 650 NE 32nd St, Miami FL 33137Active
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Waterfront · Condominium
$2,959,000$886 / sqft

650 NE 32nd St, Miami FL 33137

4
Bedrooms
5
Bathrooms
3,341 sqft
Interior
2018
Year built
$4,400 / mo
HOA
Condominium
Type

About this home

Welcome to your dream home in the heart of Edgewater, tucked inside the exclusive Paraiso community. This beautifully designed four-story townhouse offers 4 spacious bedrooms, 5 bathrooms, and a flexible office space that can easily become a fifth bedroom. Bright, open kitchen made for entertainment, the generous walk-in closets and storage spaces throughout. Ride your private elevator up to two expansive terraces where you can relax or entertain under the Miami sky. Two dedicated parking spaces and an incredible lineup of resort-style amenities like a circular pool, tennis courts, golf area, fitness center, spa, yoga and massage rooms, cinema room, and a playroom for the kids. This home is more than just a place to live. It’s a lifestyle, and it’s waiting for you.

Features

  • Built-in Features
  • Closet Cabinetry
  • Cooking Island
  • Elevator
  • Entrance Foyer
  • Other
  • Walk-In Closet(s)
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

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

Estimated loan & HOA

$19,362

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

Principal & interest
$14,962
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.

Courtesy of
BRC

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.