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ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12110887
$519,000

501 NE 31st Street 4002, Miami, FL 33137

Beds
1
Baths
2
Sqft
622
Est. payment$4,417/mo
Home type
Condominium
Year built
2018
Lot size
—
Price / sqft
$834
HOA
$868/mo
Community
PARAISO BAYVIEWS CONDO

Property description

LOWER PENTHOUSE | 12-FT CEILINGS | DIRECT BAY VIEWS. Residence 4002 sits on the lower penthouse level of Paraiso Bayviews, 40 floors above Biscayne Bay, where 12-foot ceilings and floor-to-ceiling impact glass frame open views of the bay, the Miami Beach skyline and the Atlantic beyond. This 1-bedroom plus den, 1.5-bath home offers 622 SF of interior living, a 13'8" x 10'6" primary suite and a 22'10" living and dining room opening to a 139 SF northeast-facing balcony made for sunrise over the water. Open kitchen with sleek European cabinetry and built-in appliances, in-unit laundry, tile floors throughout and built-in closet cabinetry. One assigned covered parking space with valet. Paraiso Bayviews, by The Related Group with architecture by Arquitectonica, delivers a full resort lifestyle: rooftop pool deck, second pool and spa, sauna and treatment rooms, fitness center, tennis and paddle courts, theater, billiards, kids room, club room, BBQ areas, 24-hour front desk and valet. Step out to the bayfront park and promenade of the Paraiso District, walk to the shops and restaurants of Midtown Miami, and reach the Miami Design District, Wynwood, Brickell and Downtown in minutes, Miami Beach via the Julia Tuttle Causeway and Miami International Airport in about 20 minutes. Tenant occupied, a turnkey opportunity for investors or a future pied-a-terre in one of Miami's most connected waterfront neighborhoods. Lower penthouse level (40th floor of 44) with 12-ft ceilings. Line 02 one-bedroom plus den (9'0" x 5'7") with half bath for guests. Primary bedroom 13'8" x 10'6", living/dining 22'10" x 11'8", balcony 139 SF per developer plan. Northeast exposure with direct bay and ocean views. Impact glass, central A/C, one assigned covered parking space with valet. Building amenities: rooftop pool, second pool, spa, sauna, treatment rooms, fitness center, tennis and paddle courts, theater, billiards, kids room, club room, BBQ areas, 24-hour front desk, valet. Location: Paraiso District, Edgewater, steps to Paraiso Park and the baywalk, walking distance to Midtown Miami, minutes to the Design District, Wynwood, Brickell, Downtown and Miami Beach.

Listing activity

Days on market
7
Listed
Oct 23, 2026
MLS listing updated
Oct 31, 2026
Feed last checked
6 minutes ago

Listed by Adam Luc Redolfi · Alure Capital

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
2
Bathrooms (decimal)
1.5
Full bathrooms
1
Half bathrooms
1

Rooms & features

Rooms
4
Interior features
Built-in Features, Closet Cabinetry, Elevator, High Ceilings
Flooring
Tile
Appliances
Electric Water Heater, Dishwasher, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Washer
Furnished
Unfurnished
Window features
Blinds

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
1
Garage
Yes
Covered spaces
1
Parking features
Assigned, Attached, Attached Garage, Garage, Valet
Attached garage
Yes

Exterior

Stories
44
Exterior features
Balcony
View
Ocean, Bay, Water, Skyline
Waterfront
Fixed Bridge, Bay
Waterfront property
Yes

Lot

Road frontage
East of US-1
Construction

Type & style

Home type
Condominium
Year built
2018

Materials

Construction
Block, Pre-Cast Concrete Construction
Faces
Northeast
Utilities & green energy

Utilities

Electric
Circuit Breakers
Utilities
Cable Available
Community & HOA

Community

Subdivision
PARAISO BAYVIEWS CONDO
MLS area
2320
Security
Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Fire Sprinkler System, Lobby - Attended, Secured Garage/Parking, Security System, Smoke Detector(s)
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$868 monthly
Estimated monthly dues
$868
Amenities
Maintenance, Pool, Billiard Room, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Management, Picnic Area, Playground, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
Services included
Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Hot Water, Insurance, Internet, Maintenance Structure, Security, Sewer, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33137
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12110887
Possession
Negotiable, Subject To Tenant Rights
Original list price
$519,000
Parcel number
0132300960740
Annual property tax
$7,147
Tax year
2025
Tax legal description
PARAISO BAYVIEWS CONDO UNIT 4002 UNDIV 0.171985% INT IN COMMON ELEMENTS OFF REC 29392-4114
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Billiard Room, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Management, Picnic Area, Playground, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Recreation Facility, Pool Service, Cable TV, Common Areas, Elevator, Hot Water, Insurance, Internet, Maintenance Structure, Security, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
1.5
Bathrooms Total Integer
2
Construction Materials
Block, Pre-Cast Concrete Construction
County Or Parish
Miami-Dade
Days On Market
7
Direction Faces
Northeast
Elementary School
Eneida Massas Hartner
High School
Booker T. Washington
List Price
519000
Listing Contract Date
2026-10-23
Living Area
622
MLSArea Major
2320
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-10-23
Photos Count
45
Postal Code
33137
Property Sub Type
Condominium
Property Type
Residential
Road Frontage Type
East of US-1
Rooms Total
4
Security Features
Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Fire Sprinkler System, Lobby - Attended, Secured Garage/Parking, Security System, Smoke Detector(s)
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-23T04:00:00Z
Stories Total
44
Subdivision Name
PARAISO BAYVIEWS CONDO
Waterfront Features
Fixed Bridge, Bay
Tax Annual Amount
7147
Bathrooms Full
1
Bedrooms Total
1
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
868

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 23, 2026ListedMIAMI REALTORS® MLS$519,000$834/sqft

Public tax history

YearProperty taxesAssessment
2025$7,147—

Payment calculator

Estimated monthly payment$4,417/moIllustrative estimate, not a loan offer.
Principal & interest
$2,693
Property taxes
$596
Insurance
$260
Association dues
$868

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

PARAISO BAYVIEWS CONDO

Miami · Miami-Dade County · 33137

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Eneida Massas HartnerElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Alure Capital. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.