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Waterfront · Condominium
$1,459,000$956 / sqft
3131 NE 7th Ave # 1203, Miami FL 33137
Listed
3
Bedrooms
4
Bathrooms
1,526 sqft
Interior
2018
Year built
$2,155 / mo
HOA
Condominium
Type
About this home
Elegantly and tastefully finished 3-bedroom, 3.5-bath residence with den offering breathtaking water views at One Paraiso, moments from the Design District. A private elevator opens directly into the residence's exclusive foyer, while dual terraces capture both sunrise vistas over Biscayne Bay and sunset views across the Miami skyline. Interiors feature polished concrete floors, floor-to-ceiling windows, European cabinetry, custom closets, and electric blinds throughout. One Paraiso welcomes residents with a striking double-height lobby overlooking Biscayne Bay in Miami's vibrant Edgewater neighborhood, offering resort-style amenities including a full-service spa, two pools, hot tubs, tennis courts, a bayfront fitness center, spinning and yoga studios, a wine room, and party and game rooms.
Features
- Built-in Features
- Closet Cabinetry
- Cooking Island
- Elevator
- Fire Sprinklers
- Entrance Foyer
- Split Bedroom
- Den/Library/Office
- Family Room
- Open Balcony
- Tennis Court(s)
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 3-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,900–$11,500.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.