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Waterfront · Condominium
$710,000$791 / sqft
650 NE 32nd St # 1507, Miami FL 33137
Listed
1
Bedrooms
2
Bathrooms
898 sqft
Interior
2018
Year built
$1,200 / mo
HOA
Condominium
Type
About this home
Rarely available and priced to sell!! Welcome to this beautifully appointed 1 bed + DEN, 2 Baths residence offering the perfect balance of modern design, breathtaking views, functionality and resort-style living. Floor to ceiling glass fills the home with natural light while showcasing bay and city views from every space. European cabinetry, quartz countertops, premium stainless still appliances and STORAGE SPACE. The spacious den offers incredible flexibility - perfect as a home office, guest space or media room. Residents of Paraiso Bay enjoy an exceptional collection of 5* amenities for all the ages, including bayfront pool, tennis courses, putting green, spa, biz center etc. Ideally located just minutes from i95 access, Design District, Brickell, Wynwood, Whole Foods and schools. Great for every type of Buyer!
Features
- Fire Sprinklers
- Entrance Foyer
- Den/Library/Office
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Bay
- Ocean View
- Skyline
Leasing
- Minimum lease
- 90 days
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 1-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,000–$3,750.That is what landlords ask, not what units let for — edit it if you know better.
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 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. We are not a lender and neither offer nor arrange financing. 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.