501 NE 31st St # 3306, Miami FL 33137 | Miami-Dade County | A11970686
- $759,999
- Condominium
- 3
- 2
- 1
- 1152 Sq Ft
- $759,999
Description
Residence 3306 at Paraiso Bayviews delivers elevated Edgewater living with stunning bay and skyline views from a high floor. This bright, modern residence features an open-concept layout, sleek kitchen with stainless steel appliances, floor-to-ceiling glass, and a spacious, wraparound private balcony perfect for enjoying sunrise and sunset views over Biscayne Bay.
Residents enjoy resort-style amenities including a spectacular rooftop pool with panoramic water and city views, fitness center, spa, theater, clubroom, and 24-hour concierge. Situated in the heart of Edgewater’s thriving waterfront neighborhood, the building is just minutes from the Design District, Wynwood, Midtown Miami, Miami Beach, and major highways, offering unmatched convenience and lifestyle appeal.
Priced to sell, this residence presents an exceptional opportunity for end users or investors seeking value, views, and strong upside in one of Miami’s fastest-growing areas.
Property Overview
This is a 3-bedroom, 2-bath condominium of about 1152 square feet at 501 NE 31st St # 3306, Miami FL 33137 (Miami 33137), listed at $759,999.
Monthly Costs, Stated Plainly
The monthly HOA fee is $1,603.
The tax of record is $11,838 (2025). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $15,200/yr (≈ $1,267/mo); with the homestead exemption on a primary residence, about $14,200/yr (≈ $1,183/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 501 NE 31st St # 3306 is $759,999. Fixtures and built-in appliances generally convey with the home, though the MLS record does not state if the unit is furnished; you must confirm exactly what conveys.
Shared community amenities include a Billiard Room, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Pool, Sauna, Spa/Hot Tub, and Tennis Court(s). Contact Christopher Lazaro, Miami Real Estate Professional, to verify these details.
Where exactly is it, and what should I know about the location?
The property is located at 501 NE 31st St # 3306, Miami FL 33137, situated within the city's coastal corridor. This location provides direct access to the primary transit and commercial arteries of the area.
Contact Christopher Lazaro, Miami Real Estate Professional, to verify specific location details.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee is $1,603. This payment covers All Amenities, Cable Tv, Hot Water, and Internet/WiFi.
The community is subject to city ordinances found at https://library.municode.com/fl/miami/codes/code_of_ordinances. Contact Christopher Lazaro, Miami Real Estate Professional, to verify these details.
What are the property taxes and homestead implications?
The tax of record is $11,838 (2025). As an ESTIMATE ONLY, Florida reassesses at sale; at this price and a Miami-Dade rate near 2.0%, the annual cost is about $15,200/yr (≈ $1,267/mo) without homestead, or about $14,200/yr (≈ $1,183/mo) with the homestead exemption on a primary residence. Florida's homestead exemption lowers taxable value only for a primary residence.
Confirm with the Miami-Dade Property Appraiser and a tax professional, as these are estimates, not quotes. Contact Christopher Lazaro, Miami Real Estate Professional, to verify these details.
Is the home in a flood zone, and what does that mean?
Flood zones categorize areas by their risk of flooding. Lenders often require flood insurance for properties located in high-risk zones. Review FEMA definitions and View the FEMA flood map for this address to determine the status of 501 NE 31st St # 3306, Miami FL 33137.
Contact Christopher Lazaro, Miami Real Estate Professional, to verify these details.
Are pets allowed?
Pets are allowed, with restrictions (or possible restrictions) per the MLS record. We will pull the association's exact current pet rules for this unit on request. Separate federal accommodation rules can apply if a documented service animal or ESA is involved.
Contact Christopher Lazaro, Miami Real Estate Professional, to verify these terms.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026). The specific pricing for 501 NE 31st St # 3306 at $759,999 comes from a CMA.
I provide a Miami-specific CMA before you set an offer to ensure the value is accurate. Contact Christopher Lazaro, Miami Real Estate Professional, to verify these details.
What financing step do you recommend before touring?
Secure a pre-approval from a licensed Florida mortgage professional before touring 501 NE 31st St # 3306. This step ensures your budget aligns with the $759,999 list price.
Contact Christopher Lazaro, Miami Real Estate Professional, to verify your status.
Monthly Fees & Carrying Costs
| Association Fee | $1,603 / month |
| Total Monthly Fees | $1,603 / month |
- Membership Required: No
- Application Fee: $100 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 31st St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33137
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Area: PARAISO BAYVIEWS CONDO
Details
Updated on August 23, 2026 at 3:38 am-
Property ID A11970686
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Price $759,999
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Property Size 1152 Sq Ft
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Bedrooms 3
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Room 0
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Bathrooms 2
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Garage 1
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Year Built 2018
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Type Condominium
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Property Status Active, Residential
Additional details
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Flooring Other
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Bedroom Features Primary Bath Shower, Primary Bath Tub
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Cooling Central Air
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Association Type Condo
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Building Paraiso Bayviews
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Association Fee Frequency Monthly
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Area Paraiso Bayviews Condo
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Annual Tax 11838
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Association Yes
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Private Pool No
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Listing Terms All Cash, Conventional
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Waterfront No
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Full Bathrooms 2
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Subdivision PARAISO BAYVIEWS CONDO
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Total Stories 44
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Restrictions No Daily Rentals, Ok To Lease, Okay To Lease 1st Year
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Maintenance Includes All Amenities, Cable Tv, Hot Water, Internet/WiFi
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Parking 1 Space
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Heating Central
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Structure Type Condo 5+ Stories, Condo
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Tax Year 2025
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Building Area 1152
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Covered Spaces 1
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Unit Floor 33
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View Bay, Ocean View, Pool Area View, Skyline, Tennis Court View, Water View
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Year Built Details Resale
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Pets Allowed Yes
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Attached Yes
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Unit Number 3306
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Flood Zone X
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New Construction No
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Garage Spaces 1
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Style Condo 5+ Stories
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Association Fee 1603
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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