Atlantic Luxury Advisors
3131 7th Ave #PH5003 photo 13131 7th Ave #PH5003 photo 23131 7th Ave #PH5003 photo 33131 7th Ave #PH5003 photo 43131 7th Ave #PH5003 photo 5

44 photos

3131 7th Ave #PH5003

Miami, FL 33137

$4,150,000
5
5.5
2,887 sq ft
2018
2 car
Condominium
$0/mo
Yes
Yes
113
Active

Listing courtesy of Coldwell Banker Realty (Felise Eber). Contact: [email protected].

About this home

Experience luxury living in this stunning corner penthouse at One Paraiso, in Edgewater. This spacious 5BR,/5.5BA unit, offers 2,887SF of refined living space & private elevator entry. Gres Porcellanato floors throughout, dual terraces w/breathtaking sunrise & sunset views in all directions—North, South, East & West. Open living room extends from the dining area, featuring floor-to-ceiling windows/doors that open to an expansive terrace with direct bay & ocean views. A Chef’s kitchen boasts a marble island, custom cabinetry & top-tier appliances. Primary suite offers direct terrace access, dual walk-in closets, & spa-style bathroom - oversized rain shower & sunken tub. 3 additional BR’s includes a staff BR all with ensuite baths. Amazing location & lux amenities complete this offering.

What it costs to own
Estimated monthly payment
$29,908/mo
Principal and interest
$20,985
Property tax
$6,331
Homeowners insurance
$2,592
HOA
$0

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.

Florida cost of ownership
Estimated property tax
$75,972/yr

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.

HOA
$0/mo (from the listing)
FEMA flood zone
Zone AE, special flood hazard area

Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.

Hurricane evacuation zone
Zone C: ordered to evacuate for Category 2 hurricanes and stronger.

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.

Location

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. Payment, tax and flood figures on this page are estimates by Atlantic Luxury Advisors, not MLS data.