$479,000

501 31st St #2504, Miami, FL 33137

Bedrooms
1
Baths
2
Living area
610 ft²
Price per ft²
$785 / ft²
Type
Condo
Year built
2018
HOA
$850 / mo HOA
On market
8 days on market
MLS #
A12081676

25th-floor views of the Bay. Edgewater lifestyle. A flexible, updated space designed for how Miami lives today. Residence 2504 at Paraiso Bayviews is a bright 1-bedroom, 1.5-bath home with sweeping Biscayne Bay and Miami skyline views through floor-to-ceiling glass and from an expansive private balcony. The 610 SF residence features tile flooring, an open kitchen, a dedicated workspace/flex area with a view, in-unit washer and dryer, and a versatile living area with a Murphy bed for overnight guests. The private terrace, finished with outdoor carpeting, offers space to dine, lounge and take in the bay. Paraiso Bayviews offers resort-style amenities including multiple pools, rooftop sky deck, fitness center, spa and sauna, tennis, club and entertainment spaces, plus secure garage parking. Ideally positioned in Edgewater just minutes from Wynwood, Midtown, the Design District and Miami Beach.

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 $785. The median for recorded sales in the same ZIP codes is $913/ft² — putting it 14% below the median.
  • Position in the area’s price distributionThe asking price is $479,000; the median of recorded sales in the area is $690,000 (1,629 sales). On raw price that is 31% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $850 per month comes to $10,200 a year — 2.1% 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%$143,700
Term

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

Estimated monthly payment$2,220
Loan amount
$335,300
Total interest over the term
$463,724
Total repaid
$799,024

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

Compass Florida, LLC

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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