Atlantic Luxury Advisors
3131 7th Ave #UPH5303 photo 13131 7th Ave #UPH5303 photo 23131 7th Ave #UPH5303 photo 33131 7th Ave #UPH5303 photo 43131 7th Ave #UPH5303 photo 5

69 photos

3131 7th Ave #UPH5303

Miami, FL 33137

$4,995,000
4
5.5
3,137 sq ft
2018
2 car
Condominium
$4,809/mo
Yes
216
Active

Listing courtesy of Compass Florida, LLC (Nancy Batchelor). Contact: [email protected].

About this home

Panoramic Views at One Paraiso! A rare opportunity to own this almost new, hardly lived in, waterfront 2-story Upper Penthouse, where breathtaking ocean, bay, city & skyline sunset views unfold from every room. Spanning over 3,137 Sq.Ft., this 4BD/5.5BA N.E. corner two-story residence is wrapped in floor-to-ceiling glass, filling the interiors with natural light. A private elevator foyer entry, an open eat-in kitchen with an island, multiple balconies, & a gorgeous primary suite with walk-in closets, primary bath with dual sinks, & separate tub & shower. High ceilings everywhere, complete electric shades throughout, a storage room, and 2 parking spots. Entertain in Style! What sets this home apart is the expansive private covered rooftop terrace with a summer kitchen, jacuzzi, and an incredibly rare offering in Miami. This pet-friendly building is known for its resort-style lifestyle & full-service experience. Residents enjoy world-class amenities including multiple waterfront pools, tennis courts, a State-of-the-Art fitness center, spa & sauna, movie theater, Amara restaurant, business center, valet, concierge, & 24-hour security, all within one of Edgewater’s most prestigious towers. Perfectly positioned in Edgewater, you’re surrounded by the Design District, Midtown, Wynwood, & Downtown Miami, top dining, shopping, & cultural destinations just mins away. Enjoy waterfront park & dog park, baywalk paths, & easy access to Miami Beach & MIA Airport.

What it costs to own
Estimated monthly payment
$40,824/mo
Principal and interest
$25,257
Property tax
$7,633
Homeowners insurance
$3,125
HOA
$4,809

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
$91,595/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
$4,809/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.