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650 32nd St #2205
Miami, FL 33137
Listing courtesy of Douglas Elliman (Ishmael Perez). Contact: [email protected].
Live or invest in one of Miami’s most dynamic waterfront communities — Paraiso Bay in Edgewater. This elegant 2BD/3BA residence features direct Biscayne Bay views, a private elevator foyer, and an expansive terrace ideal for outdoor living and entertaining. Currently leased through Nov 2026, offering immediate income plus strong long-term appreciation potential. Paraiso Bay delivers a true resort lifestyle with a stunning beach-entry pool overlooking the bay, full-service spa, state-of-the-art fitness center, tennis courts, bowling alley, private club rooms, and an on-site café. The community includes a scenic baywalk, waterfront dining at Amara, boutique retail, and lush parks with children’s and pet areas. Perfectly situated minutes from Miami Design District, Wynwood, Midtown, and Brickell, Paraiso Bay blends privacy, convenience, and sophistication. Whether you’re seeking a luxury primary residence, seasonal retreat, or high-performing investment property, this opportunity offers it all. Motivated Seller! Currently Leased until Nov 2026.
- Principal and interest
- $4,546
- Property tax
- $1,322
- Homeowners insurance
- $558
- HOA
- $1,636
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.
Inside the 1% annual chance floodplain. Lenders require flood insurance on a financed home; ask for the elevation certificate.
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.
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.