Atlantic Luxury Advisors
501 31st St #3607 photo 1501 31st St #3607 photo 2501 31st St #3607 photo 3501 31st St #3607 photo 4501 31st St #3607 photo 5

13 photos

501 31st St #3607

Miami, FL 33137

$505,000
1
1.5
746 sq ft
2018
1 car
Condominium
$1,041/mo
325
Active

Listing courtesy of Synergy Realty Advisors (Giovanni Vasquez). Contact: [email protected].

About this home

Reintroducing to market: Bright and modern 1-bedroom, 1.5-bath condo at Paraiso Bayviews, offering floor-to-ceiling windows, 9-ft ceilings, a sleek open kitchen, and a spacious private terrace with Miami skyline views. This well-appointed residence includes a convenient half bath for guests and generous living space for entertaining or relaxing. Enjoy full access to resort-style amenities: rooftop pool, fitness center, spa, tennis court, game room, theater, and beach club. Located in vibrant Edgewater, just minutes from Wynwood, Design District, and Downtown Miami. Don't miss this rare opportunity to own in one of Miami's most sought-after luxury towers.

What it costs to own
Estimated monthly payment
$4,627/mo
Principal and interest
$2,554
Property tax
$715
Homeowners insurance
$317
HOA
$1,041

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
$8,578/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
$1,041/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.