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Waterfront · Condominium
$879,000$737 / sqft

650 NE 32nd St # 4104, Miami FL 33137

2
Bedrooms
3
Bathrooms
1,193 sqft
Interior
2018
Year built
$1,696 / mo
HOA
Condominium
Type

About this home

Stunning 2-bedroom plus den, 3-bath residence at Paraiso Bay featuring a private elevator, spacious layout, and breathtaking views of Biscayne Bay from its beautiful private terrace. Located in one of Edgewater's premier waterfront buildings, this residence offers luxury living with world-class amenities, including a rooftop pool, tennis courts, basketball court, BBQ area, full-service spa, state-of-the-art fitness center, theater, game room, children's playroom, conference room, 24-hour security, covered parking, valet service, and much more. Just steps from the renowned Amara at Paraiso by Chef Michael Schwartz, where you can enjoy exceptional waterfront dining with spectacular bay views. Ideally situated in the heart of Edgewater, one of Miami's most desirable neighborhoods, with quick access to the Design District, Wynwood, Midtown, Miami Beach, Brickell, and Downtown Miami. An exceptional opportunity to enjoy the best of Miami living. Easy to show. Must see!

Features

  • Lobby
  • Cooking Island
  • Elevator
  • Great Room
  • East Of Us1
  • Open Balcony
  • Tennis Court(s)
  • Bay
  • Ocean View
  • Pool Area View
  • Water View

Location

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

Estimated loan & HOA

$6,141

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

Principal & interest
$4,445
HOA
$1,696 / 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
Jasal Int'l 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.