$419,000

501 31st St #202, Miami, FL 33137

Bedrooms
1
Baths
2
Living area
622 ft²
Price per ft²
$674 / ft²
Type
Condo
Year built
2018
HOA
$865 / mo HOA
On market
99 days on market
MLS #
A12037441

OPPORTUNITY PRICE!!! $429,000. PARKING SPACE in the same level!!!This beautifully furnished 1-bedroom plus 1.5-bathroom apartment is located just 5 minutes from the vibrant Midtown and Design District, offering a variety of shops and dining options. Only 10 minutes from the beach and 15 minutes from the airport, it’s ideally situated for convenience. The unit features expansive floor-to-ceiling windows, providing ample natural light and stunning views. Enjoy top-tier amenities at Paraiso Bayviews, including a rooftop pool, sunset pool, lighted tennis courts, paddle courts, BBQ areas, children’s playroom, billiards room, cutting-edge fitness center, theater, spa, valet parking.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $674. The median for recorded sales in the same ZIP codes is $913/ft² — putting it 26% below the median.
  • Position in the area’s price distributionThe asking price is $419,000; the median of recorded sales in the area is $690,000 (1,629 sales). On raw price that is 39% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $865 per month comes to $10,380 a year — 2.5% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$125,700
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$1,941
Loan amount
$293,300
Total interest over the term
$405,638
Total repaid
$698,938

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Miami Premier Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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