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Waterfront · Condominium
$890,000$773 / sqft
650 NE 32nd St # 4105, Miami FL 33137
Listed
2
Bedrooms
3
Bathrooms
1,151 sqft
Interior
2018
Year built
$1,637 / mo
HOA
Condominium
Type
About this home
Wake up and open the blinds from your bed to enjoy spectacular water views and Miami sunrises. This beautifully furnished 2-bedroom + Den, 3-full-bath residence at PARAISO BAY in Edgewater features floor-to-ceiling windows that fill the spacious living area with natural light, while the extra-large balcony provides the perfect setting to take in the views. Enjoy comfort and convenience with the beach, dining, shopping, and Miami’s top destinations just minutes away. Paraiso Bay offers an impressive collection of resort-style amenities, including a 3-acre resort deck with zero-entry heated pool, outdoor spa, poolside cabanas, summer kitchen, jogging circuit, landscaped gardens and sun terrace. Additional amenities include a clubroom with billiards, catering kitchen and multimedia facilities; fitness center overlooking the pool deck; spa with steam and sauna; private screening room; wine room; cigar lounge; teen game room; children’s playroom; two lighted tennis courts; multipurpose court; golf simulator; and bowling alley.
Features
- Cooking Island
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Open Balcony
- Tennis Court(s)
- Bay
- Ocean View
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 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,350–$5,500.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.