501 NE 31st St # 802, Miami, FL 33137

About 501 NE 31st St # 802, Miami, FL 33137

Investor opportunity: Leased through June 30, 2027. Immediate rental income from day one. Beautiful 1-bedroom, 1.5-bath residence at Paraiso Bayviews featuring floor-to-ceiling impact windows, abundant natural light, and a spacious private balcony with partial water views. Thoughtfully designed open-concept layout, ideal for both end users and investors. Assigned parking space conveniently located on the same access level as the residence, providing direct access without ramps. Enjoy an outstanding collection of resort-style amenities, including two swimming pools, one located on the spectacular 46th-floor rooftop with breathtaking views of Biscayne Bay and the Miami skyline, state-of-the-art fitness center, spa, sauna, tennis courts, children's playroom, business center, social lounges, valet parking, and 24-hour concierge service. Ideally located in the heart of the Paraiso District, within walking distance to Whole Foods Market, restaurants, cafés, pharmacies, and banks, and just minutes from Midtown, Design District, Wynwood, Downtown Miami, and Miami Beach. A rare chance to own in one of Miami's most sought-after addresses, whether as a primary residence, second home, or income-producing investment property.

How This Listing Compares in Miami

Per square foot, it is asking 95% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 501 NE 31st St # 802, Miami, FL 33137

Bathrooms Full

1

Bathrooms Half

1

Interior Features

Fire Sprinklers, Walk-In Closet(s)

Appliances

Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Wall Oven, Washer

Flooring

Vinyl

Heating

Central

Cooling

Electric

Furnished

Partially

Garage Spaces

1

Attached Garage

Yes

Parking Features

1 Space, Assigned, Covered

Pool Private

No

Year Built Details

Resale

Direction Faces

Northeast

The Building at 501 NE 31st St # 802, Miami, FL 33137

Building Name

PARAISO BAYVIEWS

Building Area Total

622

Building Area Units

Square Feet

Stories Total

46

Entry Level

8

Association

Yes

Association Fee

$850

Association Fee Frequency

Monthly

Association Amenities

Basketball Court, Barbecue, Child Play Area, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute

Security Features

Fire Sprinklers, Fire Alarm, Smoke Detector, Doorman, Card Entry

Lot, Views & Construction at 501 NE 31st St # 802, Miami, FL 33137

Lot Size Square Feet

0

Waterfront

No

View

Bay, Garden View

Construction Materials

Concrete Block Construction, CBS Construction

Exterior Features

East Of Us1, Barbeque

New Construction

No

Taxes & Public Record for 501 NE 31st St # 802, Miami, FL 33137

Parcel Number

01-32-30-096-0430

Tax Annual Amount

$7,030

Tax Year

2,025

Tax Legal Description

PARAISO BAYVIEWS CONDO UNIT 802 UNDIV 0.171985% INT IN COMMON ELEMENTS OFF REC 29392-4114

County Or Parish

Miami-Dade County

Map & Neighborhood