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$649,000

501 31st St #306, Miami, FL 33137

Bedrooms
3
Baths
2
Living area
1,152 ft²
Price per ft²
$563 / ft²
Type
Condo
Year built
2018
HOA
$1,608 / mo HOA
On market
55 days on market
MLS #
A12076584

Best value in the building for a furnished 3-bedroom, 2-bath corner residence at Paraiso Bayviews. 1,152 sq ft of bright, modern living space with floor-to-ceiling windows and abundant natural light throughout. Open-concept kitchen with premium appliances. Offered fully furnished and move-in ready. Convenient assigned parking. Cable and WiFi included in HOA fees. Enjoy rooftop pool with panoramic bay and city views, fitness center, spa, tennis courts, kids’ playroom, and resident lounge. Prime Edgewater location—minutes to the Design District, Midtown, Wynwood, Downtown, Miami Beach, Publix, Whole Foods Market, and MIA. Turnkey opportunity. Easy to show.

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 $563. The median for recorded sales in the same ZIP codes is $912/ft² — putting it 38% below the median.
  • Position in the area’s price distributionThe asking price is $649,000; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 5% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,608 per month comes to $19,296 a year — 3.0% 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%$194,700
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$3,145
Loan amount
$454,300
Total interest over the term
$678,073
Total repaid
$1,132,373

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

My Realty Group, 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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