Atlantic Luxury Advisors
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12 photos

501 31st St #1502

Miami, FL 33137

$445,000
1
1.5
622 sq ft
2018
1 car
Condominium
$865/mo
Yes
6
Active

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

About this home

Enjoy comfortable waterfront living in this thoughtfully designed 1-bedroom, 1-bath residence at Paraiso Bayviews. This efficient layout features beautiful bay and amenity views, a spacious walk-in closet, a dual-sink primary bathroom, and a convenient guest powder room with private shower access. Residents enjoy an exceptional resort-style lifestyle with world-class amenities, including rooftop and sunset pools, tennis and paddle courts, BBQ areas, a children's playroom, billiards room, state-of-the-art fitness center, theater, spa, valet parking, and 24-hour concierge service. Tenant occupied until 04/23/2027.

What it costs to own
Estimated monthly payment
$4,012/mo
Principal and interest
$2,250
Property tax
$622
Homeowners insurance
$275
HOA
$865

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
$7,469/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
$865/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.