All listings
Active
Active1 / 25
Photo 1 of 25
Waterfront · Condominium
$830,000$778 / sqft
650 NE 32nd st # 2406, Miami FL 33137
Listed
2
Bedrooms
2
Bathrooms
1,067 sqft
Interior
2018
Year built
$1,324 / mo
HOA
Condominium
Type
About this home
Experience luxury waterfront living at Paraiso Bay in this beautiful 2-bedroom + den, 2-bath residence featuring breathtaking Biscayne Bay and city views. This spacious unit offers floor-to-ceiling windows, a modern open kitchen, private elevator entry, and an expansive balcony. Paraiso Bay provides an exceptional resort-style lifestyle with approximately 3 acres of amenities, including multiple pools, tennis courts, state-of-the-art fitness center, spa, theater, game room, children's playroom, bowling alley, wine cellar, business center, BBQ areas, and more. Ideally located in Edgewater, just minutes from the Design District, Wynwood, Miami Beach, Downtown and Brickell. Unit is currently rented until May 12, 2027.
Features
- Built-in Features
- Cooking Island
- Fire Sprinklers
- Entrance Foyer
- Walk-In Closet(s)
- Other
- East Of Us1
- Open Balcony
- Bay
- Pool Area View
- Water View
Leasing
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–$5,750.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.