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$4,995,000

3131 7th Ave #UPH5303, Miami, FL 33137

Bedrooms
4
Baths
6
Living area
3,137 ft²
Price per ft²
$1,592 / ft²
Type
Condo
Year built
2018
HOA
$4,809 / mo HOA
On market
265 days on market
MLS #
A11954430

Panoramic Views at One Paraiso! A rare opportunity to own this almost new, hardly lived in, waterfront 2-story Upper Penthouse, where breathtaking ocean, bay, city & skyline sunset views unfold from every room. Spanning over 3,137 Sq.Ft., this 4BD/5.5BA N.E. corner two-story residence is wrapped in floor-to-ceiling glass, filling the interiors with natural light. A private elevator foyer entry, an open eat-in kitchen with an island, multiple balconies, & a gorgeous primary suite with walk-in closets, primary bath with dual sinks, & separate tub & shower. High ceilings everywhere, complete electric shades throughout, a storage room, and 2 parking spots. Entertain in Style! What sets this home apart is the expansive private covered rooftop terrace with a summer kitchen, jacuzzi, and an incredibly rare offering in Miami. This pet-friendly building is known for its resort-style lifestyle & full-service experience. Residents enjoy world-class amenities including multiple waterfront pools, tennis courts, a State-of-the-Art fitness center, spa & sauna, movie theater, Amara restaurant, business center, valet, concierge, & 24-hour security, all within one of Edgewater’s most prestigious towers. Perfectly positioned in Edgewater, you’re surrounded by the Design District, Midtown, Wynwood, & Downtown Miami, top dining, shopping, & cultural destinations just mins away. Enjoy waterfront park & dog park, baywalk paths, & easy access to Miami Beach & MIA Airport.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $1,592. The median for recorded sales in the same ZIP codes is $868/ft² — putting it 83% above the median.
  • Position in the area’s price distributionThe asking price is $4,995,000; the median of recorded sales in the area is $610,000 (1,462 sales). On raw price that is 719% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $4,809 per month comes to $57,708 a year — 1.2% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$1,498,500
Term

7.24% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 29, 2026.

Estimated monthly payment$23,829
Loan amount
$3,496,500
Total interest over the term
$5,081,790
Total repaid
$8,578,290

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Compass Florida, LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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