501 NE 31st St # 1502, Miami FL 33137
About this home
Enjoy comfortable waterfront living in this thoughtfully designed 1-bedroom, 1-bath residence at Paraiso Bayviews. This efficient layout features beautiful bay and amenity views, a spacious walk-in closet, a dual-sink primary bathroom, and a convenient guest powder room with private shower access. Residents enjoy an exceptional resort-style lifestyle with world-class amenities, including rooftop and sunset pools, tennis and paddle courts, BBQ areas, a children's playroom, billiards room, state-of-the-art fitness center, theater, spa, valet parking, and 24-hour concierge service. Tenant occupied until 04/23/2027.
Features
- First Floor Entry
- Built-in Features
- Closet Cabinetry
- Walk-In Closet(s)
- East Of Us1
- Other
- Barbeque
- Open Balcony
- Bay
- Canal
- Club Area View
- Intracoastal View
- Pool Area View
- Tennis Court View
Estimated loan & HOA
Loan payment and HOA only. Property tax and insurance are significant here and are not included.
- Principal & interest
- $2,250
- HOA
- $865 / mo
Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.
Schedule a tour
Request a private or video tour with a local agent.
Run the numbers
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Enter rent, 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. 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.