501 NE 31st St # 602, Miami FL 33137 | Miami-Dade County | A11896670

The list price for 501 NE 31st St # 602, Miami FL 33137 is $498,000. This 1 bedroom, 1.5 bathroom unit with approximately 622 square feet of living space is being sold without any explicit statement regarding furnishings, meaning that only the fixtures and built-in appliances will convey with the home. The community offers various on-site amenities, including a Basketball Court, Billiard Room, Child Play Area, Clubhouse-Clubroom, Elevator(s), Exercise Room, Library, Pool, Spa/Hot Tub, and Tennis Court(s), which are shared among residents as part of the HOA.

To verify what is included in the sale and to learn more about this property, contact Christopher Lazaro, Miami Real Estate Realtor, to schedule a viewing or discuss the details of this listing. Reach out to him to confirm the specifics of the sale and to get a better understanding of the community amenities available. He can provide you with more information and answer any questions you may have about this property at 501 NE 31st St # 602, Miami FL 33137, listed at $498,000.

The property at 501 NE 31st St # 602 is located in Miami, FL 33137, situated in the coastal corridor of Miami. This address places the property in a prominent area, with the city and zip code providing a clear indication of its location. The property is listed at $498,000, featuring 1 bedroom and 1.5 bathrooms, with approximately 622 square feet of living space.

To verify the details of this property and learn more about the surrounding area, it is recommended that you contact Christopher Lazaro, Miami Real Estate Realtor, to schedule a viewing or discuss your interests. You can reach out to him to confirm the property's features, including its price of $498,000, and to inquire about the process of making an offer. By contacting Christopher Lazaro, you can gain a better understanding of the property and its location, and take the next steps in your home buying journey.

The monthly HOA fee for this property is $850. According to the record, this fee covers All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Hot Water, Internet/WiFi, and Landscaping/Lawn Maintenance. As the community is subject to city ordinances, it is worth noting that these fees are part of the broader regulatory framework outlined in the municipal code. To confirm the specifics of the HOA fee and its coverage, it is essential to review the latest documentation.

For verification and to discuss how the HOA fees factor into your overall cost of ownership for this $498,000 property at 501 NE 31st St # 602, Miami FL 33137, contact Christopher Lazaro, Miami Real Estate Realtor, to schedule a consultation and ensure you have a complete understanding of the costs and benefits associated with this 1bd/1.5ba ~622 sqft unit.

The property taxes for 501 NE 31st St # 602, Miami FL 33137, listed at $498,000, can be estimated in two ways. As an ESTIMATE ONLY, considering the Miami-Dade rate near 2.0%, the annual property tax would be about $9,960/yr (≈ $830/mo) without homestead, and about $8,960/yr (≈ $747/mo) with the homestead exemption, which lowers the taxable value only for a primary residence. The tax of record is $6,775 (2024), but Florida reassesses at sale, so these figures are estimates, not quotes.

To confirm the actual property tax amount and understand how the homestead exemption applies, it's essential to consult the Miami-Dade Property Appraiser and a tax professional. For personalized guidance and to verify these ESTIMATES, contact Christopher Lazaro, Miami Real Estate Realtor, to discuss the specifics of this property and determine the best course of action for your situation. Reach out to Christopher Lazaro to get accurate information and make an informed decision about this property.

Flood zones are areas designated by the Federal Emergency Management Agency (FEMA) as being at risk for flooding, which can impact property values and insurance requirements. To understand the different types of flood zones, you can visit the FEMA definitions page. For the property at 501 NE 31st St # 602, Miami FL 33137, listed at $498,000, you can View the FEMA flood map for this address to determine its flood zone classification.

Lenders often require flood insurance for properties located in high-risk zones, which can affect the overall cost of ownership. If you're interested in this property, it's essential to verify its flood zone status and potential insurance requirements. To get accurate information and discuss how this may impact your purchase, contact Christopher Lazaro, Miami Real Estate Realtor, to review the details and determine the best course of action for your situation.

Pets are allowed in this building, with a specific weight limit of Maximum 20 Lbs, as stated in the MLS record. A Nonrefundable pet fee applies to pet owners. If you're interested in bringing your pet into this unit, we can provide more details on the pet policy. Note that separate federal accommodation rules can apply if a documented service animal or ESA is involved.

To verify the pet policy and other details about this $498,000, 1bd/1.5ba ~622 sqft unit at 501 NE 31st St # 602, Miami FL 33137, contact Christopher Lazaro, Miami Real Estate Realtor, to discuss your specific situation and get the most up-to-date information on this property.

Miami-Dade condos have recently been closing at 94% of list, about 64 days on market, according to MIAMI REALTORS®, May 2026. This suggests that there is some room for negotiation, but it is essential to understand the specific market conditions of the building and vicinity. A more precise estimate of the property's value can be obtained through a Comparative Market Analysis (CMA), which takes into account the unique characteristics of the property, such as its location at 501 NE 31st St # 602, Miami FL 33137, and its features, including 1 bedroom, 1.5 bathrooms, and approximately 622 square feet of living space, listed at $498,000.

To get a better understanding of the property's value and determine a fair offer price, it is recommended to review a Miami-specific CMA. For a detailed analysis and to verify the property's value, reach out to Christopher Lazaro, Miami Real Estate Realtor, to discuss the best approach for your specific situation and to determine the optimal offer strategy for this property.

To ensure a smooth home buying process, it is recommended that you get pre-approved for a mortgage before touring properties like 501 NE 31st St # 602, Miami FL 33137, listed at $498,000. Connecting with a Florida-licensed mortgage originator through https://Get-PreApproved.com can help you determine your budget and understand your financing options. This step can save time and provide clarity on what you can afford, given the specifics of this 1bd/1.5ba ~622 sqft property.

Once you have a clear understanding of your financing, you can reach out to Christopher Lazaro, Miami Real Estate Realtor, to verify the property details and schedule a tour at your convenience, or to discuss other properties that fit your pre-approved budget and preferences.