$1,395,000

501 31st St #2808, Miami, FL 33137

Bedrooms
4
Baths
4
Living area
2,074 ft²
Price per ft²
$673 / ft²
Type
Condo
Year built
2018
HOA
$2,885 / mo HOA
On market
5 days on market
MLS #
A12090470

Experience elevated Miami living in the only oversized two-story residence at Paraiso Bayviews, ideally located in the heart of Edgewater. This home offers the space and feel of a private residence combined with the convenience and amenities of luxury living. With brand-new herringbone flooring and fresh interior paint, the residence features a bright, contemporary aesthetic throughout. Expansive windows and multiple private balconies showcase Miami's beautiful city skyline and water views. All bedrooms have en-suite bathrooms for added privacy and convenience. The two-level layout provides excellent separation between living and private spaces and offers exceptional flexibility for everyday living, entertaining, a home office, or guest accommodations. Generously scaled throughout, it is a rare find among Edgewater's newer residences. Paraiso Bayviews offers resort-style amenities, including a rooftop pool, fitness center, pickleball, tennis court, spa, movie theater, game and party rooms, children's playroom, BBQ areas, and more. Located in Edgewater, minutes from the Miami Design District, Wynwood, Midtown, Downtown Miami, Brickell, and Miami Beach, this residence puts Miami's best dining, shopping, art, entertainment, and waterfront recreation within easy reach. A rare opportunity to enjoy space, views, and a true two-story layout in one of Miami's most desirable urban neighborhoods. Schedule your private showing today.

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 $673. 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 $1,395,000; the median of recorded sales in the area is $690,000 (1,629 sales). On raw price that is 102% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $2,885 per month comes to $34,620 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%$418,500
Term

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

Estimated monthly payment$6,464
Loan amount
$976,500
Total interest over the term
$1,350,512
Total repaid
$2,327,012

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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