Skip to content
All listings
Condominium at 650 NE 32nd St # 4508, Miami FL 33137Active
1 / 10

Photo 1 of 10

Waterfront · Condominium
$720,000$1,020 / sqft

650 NE 32nd St # 4508, Miami FL 33137

1
Bedrooms
2
Bathrooms
706 sqft
Interior
2018
Year built
$915 / mo
HOA
Condominium
Type

About this home

Spectacular 45th-floor corner unit at Paraiso Bay, unobstructed panoramic open-bay and skyline views. This 1-bed, 1.5-bath residence is move-in ready and features ultra-luxurious, brilliant white Calacatta porcelain floors flowing seamlessly throughout. The unit has been thoughtfully upgraded with custom built-in closets, electric shades/blackouts in the master suite. Residents enjoy unparalleled, world-class resort amenities: a private marina, massive heated pool, jacuzzi, full-service spa, state-of-the-art fitness center, wine-tasting room, cigar lounge, private movie theater, business center, children’s park, kids' pool, 24-hour concierge, valet, and elite 24-hour security. 1 assigned parking space, high-speed internet, and cable. Seller motivated!

Features

  • First Floor Entry
  • East Of Us1
  • Open Balcony
  • Bay

Location

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

Estimated loan & HOA

$4,556

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

Principal & interest
$3,641
HOA
$915 / 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
Elite International Realty Inc

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.