$2,580,000

650 32nd St #PH5003, Miami, FL 33137

Bedrooms
4
Baths
5
Living area
2,407 ft²
Price per ft²
$1,072 / ft²
Type
Condo
Year built
2018
HOA
$3,423 / mo HOA
On market
3 days on market
MLS #
A12084754

RARE ON THE MARKET ! Stunning penthouse on the 50th floor of Paraiso Bay offering breathtaking bay, ocean, and skyline views. Enjoy soaring 10-ft ceilings, exclusive to the penthouse level, and ultimate privacy with only 4 residences per floor. The elevator opens directly into the residence through a private foyer, offering an elevated sense of privacy and exclusivity. This elegant 4BD/4.5BA features porcelain floors, floor-to-ceiling windows, and a spacious living area. Recently upgraded with a custom wood-paneled wall and recessed lighting, adding warmth and character to the space. Motorized shades in the two main bedrooms facing the bay and Nest smart A/C system. Oversized 420 SqFt terrace, ideal for entertaining. Resort-style amenities include pool, spa, gym, theater, bowling, tennis, sauna, steam room, and more. Prime Edgewater location, within walking distance to shops, the new Whole Foods Market, and minutes from Wynwood, the Design District, Brickell and Miami International Airport. Easy to show. Unbranded video presentation upon request.

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 $1,072. The median for recorded sales in the same ZIP codes is $913/ft² — putting it 17% above the median.
  • Position in the area’s price distributionThe asking price is $2,580,000; the median of recorded sales in the area is $690,000 (1,623 sales). On raw price that is 274% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $3,423 per month comes to $41,076 a year — 1.6% 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%$774,000
Term

6.76% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 10, 2026.

Estimated monthly payment$11,726
Loan amount
$1,806,000
Total interest over the term
$2,415,248
Total repaid
$4,221,248

Foreign buyers are typically asked for 30–40% down, at rates 1–2 points above what US citizens pay. The rate above is the US-citizen product — enter your own rate if you know your terms.

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

Vendome Capital 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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