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Condominium at 650 NE 32nd St, Miami FL 33137Active
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Waterfront · Condominium
$3,000,000$945 / sqft

650 NE 32nd St, Miami FL 33137

3
Bedrooms
4
Bathrooms
3,175 sqft
Interior
2018
Year built
$4,414 / mo
HOA
Condominium
Type

About this home

Looking for the feel of a SINGLE FAMILY HOME w/ the conveniences of a luxury high-rise condo? One of only seven unique TOWNHOMES/VILLAS at Paraiso Bay, offering all the comfort and feel of a single-family home w/ the amenities, services and security of luxury high-rise living. Bright, open living area flows to an open terrace with stunning direct bay views. Features 3 bedrooms, 4 baths, an office, and a private elevator to the primary suite with 2 walk-in closets, a private terrace, and spa-like bath w/ gorgeous bay views. Resort-style amenities include 2 pools, tennis courts, golf simulator, fitness center, spa, yoga & massage rooms, cinema, bowling lanes, kids’ playroom, resident lounges & waterfront dining at Amara. Click "Virtual Tour" for amenities video. 2 assigned parking. *NOTE* Some view photos with windows may appear blurry due to building renovations (nearing completion).

Features

  • Built-in Features
  • Closet Cabinetry
  • Elevator
  • Entrance Foyer
  • Pantry
  • Volume Ceilings
  • Walk-In Closet(s)
  • Den/Library/Office
  • Storage
  • Utility Room/Laundry
  • East Of Us1
  • Open Balcony
  • Bay
  • Skyline
  • Water View

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$19,584

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

Principal & interest
$15,170
HOA
$4,414 / 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.

Courtesy of
Compass Florida, LLC

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.