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Active
Waterfront · Condominium
$4,150,000$1,437 / sqft

3131 NE 7th Ave, Miami FL 33137

5
Bedrooms
6
Bathrooms
2,887 sqft
Interior
2018
Year built
None
HOA
Condominium
Type

About this home

Experience luxury living in this stunning corner penthouse at One Paraiso, in Edgewater. This spacious 5BR,/5.5BA unit, offers 2,887SF of refined living space & private elevator entry. Gres Porcellanato floors throughout, dual terraces w/breathtaking sunrise & sunset views in all directions—North, South, East & West. Open living room extends from the dining area, featuring floor-to-ceiling windows/doors that open to an expansive terrace with direct bay & ocean views. A Chef’s kitchen boasts a marble island, custom cabinetry & top-tier appliances. Primary suite offers direct terrace access, dual walk-in closets, & spa-style bathroom - oversized rain shower & sunken tub. 3 additional BR’s includes a staff BR all with ensuite baths. Amazing location & lux amenities complete this offering.

Features

  • Built-in Features
  • Cooking Island
  • Elevator
  • Entrance Foyer
  • Family Room
  • Maid/In-Law Quarters
  • Utility Room/Laundry
  • Open Balcony
  • Bay
  • Ocean View
  • Skyline

Estimated loan & HOA

$20,985

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$20,985
HOA
None

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.

Courtesy of
Coldwell Banker Realty

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 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.