Atlantic Luxury AdvisorsKeller Williams Realty Services

22 photos

650 NE 32nd St #4605

Miami, FL 33137

$889,900
2
3
1,151 sq ft
2018
1 car
Condominium
$1,636/mo
Yes
4
Active

Listing courtesy of BHHS EWM Realty. Contact: [email protected].

About this home

***FEDERAL BANKRUPTCY COURT SALE - NO BANK INVOLVED*** ESCROW APPROXIMATELY 60 DAYS *** POSSIBLE AUCTION (NOT AN REO, NOT BANK-OWNED, AND NOT A SHORT SALE)*** Experience elevated waterfront living at Paraiso Bay, one of Edgewater's premier luxury residences. This beautifully appointed 2-bedroom, 3-bathroom residence offers panoramic views of Biscayne Bay and the Miami skyline through expansive floor-to-ceiling impact glass. The open-concept layout seamlessly connects the living and dining areas to a spacious private terrace, ideal for enjoying spectacular sunrises and waterfront breezes. Features include porcelain flooring, a sleek Italian-designed kitchen with premium appliances and quartz countertops, custom built-in closets, and a private elevator foyer. Residents enjoy an exceptional collection of resort-style amenities, including a spectacular pool deck with cabanas, fitness center, spa, tennis courts, bowling alley, private theater, and more. Ideally situated minutes from Miami's finest dining, shopping, arts, and entertainment. Bankruptcy Sale: Property is being sold as part of a bankruptcy estate. Seller will consider cash offers only, without contingencies. Any sale is subject to appropriate notice to creditors and other parties in interest, an opportunity for objections and a hearing, and entry of an order by the Bankruptcy Court approving the sale. Property is currently tenant-occupied on a month-to-month basis.

Virtual tour
What it costs to own
Estimated monthly payment
$8,002/mo
Principal and interest
$4,500
Property tax
$1,308
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.

Florida cost of ownership
Estimated property tax
$15,695/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.

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.

HOA
$1,636/mo (from the listing)
FEMA flood zone
Lookup unavailable. Check the FEMA map
Hurricane evacuation zone
Lookup unavailable. Know your zone

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.

Florida condo safety laws

This building 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.

Location
Location from the listing's MLS coordinatesMap data © OpenStreetMap contributors

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.