41 photos
501 NE 31st St #203
Miami, FL 33137
Listing courtesy of Cervera Real Estate Inc.. Contact: 305-374-3434.
ONE OF THE BEST-PRICED OPPORTUNITIES AT PARAISO BAYVIEWS! This desirable corner residence stands out with oversized rectified porcelain flooring throughout and higher ceilings than comparable units in the same line on upper floors. A unique advantage is its convenient second-floor location, with assigned garage parking on the same level, allowing residents to access their home without waiting for an elevator after parking. Enjoy modern finishes, an open kitchen, impact glass, and a private balcony. Paraiso Bayviews offers an exceptional resort-style lifestyle with a rooftop pool featuring panoramic views, additional swimming pools, fitness center, spa, sauna, tennis courts, and beautifully landscaped outdoor spaces. Ideally situated in the heart of Edgewater, just minutes from Miami Beach, the Design District, Wynwood, Downtown Miami, and some of the city's finest waterfront restaurants, shopping, and entertainment. An outstanding opportunity combining competitive pricing, everyday convenience, and resort-style living. Schedule your private showing today!
- Principal and interest
- $2,149
- Property tax
- $592
- Homeowners insurance
- $267
- HOA
- $850
An estimate, not a loan offer. The rate and insurance are assumptions to edit with your own quotes; Florida insurance varies widely by age, construction and distance to the coast. Flood insurance and PMI are not included.
Estimate: the price times the Miami-Dade County average total millage (18.49 mills, Florida Department of Revenue, 2025 average total millage by county), less the homestead exemptions. The actual bill depends on the city, the assessed value and special assessments. Save Our Homes then caps annual assessment increases at 3% or inflation, whichever is lower.
The full yearly cost of owning this home: property tax levy by levy from the published millage of the parcel’s taxing district (a mailing city is not always inside its city limits), the Save Our Homes cap, HOA and the insurance quotes to get.
Sources: FEMA National Flood Hazard Layer and the Florida Division of Emergency Management evacuation zones, looked up at the listing point. Confirm with an elevation certificate and your insurer.
Gran Paraiso Condo was built in 2018, according to the county property appraiser.
If it has three or more habitable stories, Florida law (s. 553.899, F.S.) requires a milestone structural inspection by December 31 of the year it reaches 30 years of age, then every 10 years; for a building of this age the first one is due by December 31, 2048. A local building official may require it at 25 years near salt water.
Condominium buildings of three or more stories also need a structural integrity reserve study (s. 718.112(2)(g), F.S.) at least every 10 years; associations formed on or before July 1, 2022 had to complete one by December 31, 2025.
Dates follow from the statutes and the year the county appraiser lists for the building, not from the association's records. Ask the association for its milestone inspection report, its most recent structural integrity reserve study and any approved or proposed special assessments, and review them before you buy.
Listing data provided by the Southeast Florida Multiple Listing Service (MIAMI REALTORS®). The data is deemed reliable but is not guaranteed accurate by the MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and is deemed reliable but is not guaranteed accurate by the MLS. Atlantic Luxury Advisors is a real estate team at Keller Williams Realty Services. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.