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Condominium at 501 NE 31st St # 3607, Miami FL 33137Active
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Condominium
$505,000$677 / sqft

501 NE 31st St # 3607, Miami FL 33137

1
Bedrooms
2
Bathrooms
746 sqft
Interior
2018
Year built
$1,041 / mo
HOA
Condominium
Type

About this home

Reintroducing to market: Bright and modern 1-bedroom, 1.5-bath condo at Paraiso Bayviews, offering floor-to-ceiling windows, 9-ft ceilings, a sleek open kitchen, and a spacious private terrace with Miami skyline views. This well-appointed residence includes a convenient half bath for guests and generous living space for entertaining or relaxing. Enjoy full access to resort-style amenities: rooftop pool, fitness center, spa, tennis court, game room, theater, and beach club. Located in vibrant Edgewater, just minutes from Wynwood, Design District, and Downtown Miami. Don't miss this rare opportunity to own in one of Miami's most sought-after luxury towers.

Features

  • Closet Cabinetry
  • Barbeque
  • Open Balcony
  • Tennis Court(s)
  • Bay
  • Ocean View
  • Skyline

Location

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

Estimated loan & HOA

$3,595

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

Principal & interest
$2,554
HOA
$1,041 / 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
Synergy Realty Advisors

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.