650 NE 32nd Street # 1508, Miami FL 33137 | Miami-Dade County | R11038579
- $640,000
- $640,000
Description
This 1-bedroom, 1.5-bathroom unit boasts floor-to-ceiling glass windows, 9-foot ceilings, and renovated kitchen cabinetry. Enjoy the luxury of a private foyer and the convenience of moving in immediately to this top of the line stunning space. Located in the luxurious Paraiso Bay building, residents can indulge in resort-like amenities, including tennis courts, a lavish health spa with a sauna and steam room, a resort-style pool, fitness center, cinema, wine cellar, party room, and a pedestrian-friendly street.With 24-hour security, front desk service, and valet parking, convenience and safety are paramount.
Property Overview
This is a 1-bedroom, 1.5-bath condominium of about 706 square feet at 650 NE 32nd Street # 1508, Miami FL 33137 (Miami 33137), listed at $640,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $901.
The tax of record is $9,370 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $12,800/yr (≈ $1,067/mo); with the homestead exemption on a primary residence, about $11,800/yr (≈ $983/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 home at 650 NE 32nd Street #1508 is listed at $640,000 and is offered unfurnished. Fixtures and built-in appliances convey with the property, while community amenities — including elevators, an exercise room, sauna, spa/hot tub, tennis courts, and trash chute — are shared HOA features. To confirm details or discuss this opportunity further, contact Christopher Lazaro, Miami Real Estate Advisor, for personalized guidance.
Where exactly is it, and what should I know about the location?
650 NE 32nd Street #1508 is in Miami’s 33137 zip code, positioned along the coastal corridor just minutes from Biscayne Bay. The vibrant Edgewater neighborhood offers walkable access to Margaret Pace Park, dining, and the Design District, with easy highway connections for commuters. For the latest insights on local market dynamics or to schedule a private tour, contact Christopher Lazaro, Miami Real Estate Advisor, by phone or email.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee at 650 NE 32nd Street #1508 is $901, which includes parking and security services as outlined in the association records. This vibrant community also adheres to Miami’s city ordinances, which you can review here. For a detailed breakdown or to discuss how these fees align with your lifestyle, contact Christopher Lazaro, Miami Real Estate Advisor, for personalized guidance.
What are the property taxes and homestead implications?
For 650 NE 32nd Street #1508, the current tax of record is $9,370 (2024). As an estimate only — Florida reassesses upon sale — at the $640,000 list price and Miami-Dade’s approximate 2.0% rate: without homestead, expect around $12,800/yr (≈ $1,067/mo); with Florida’s homestead exemption (which reduces taxable value only for primary residences), roughly $11,800/yr (≈ $983/mo). These projections are not quotes — always confirm with the Miami-Dade Property Appraiser and a tax professional. For precise figures tailored to your situation, contact Christopher Lazaro, Miami Real Estate Advisor, today.
Is the home in a flood zone, and what does that mean?
650 NE 32nd Street #1508 is in a moderate-risk flood zone (Zone X, shaded per FEMA), meaning flooding is possible but less likely than high-risk areas. FEMA flood zones classify risk levels, and lenders may require flood insurance in high-risk zones (like Zone A or V). View the FEMA flood map for this address to explore details. For precise insurance guidance or to discuss how this affects your purchase, connect with Christopher Lazaro, Miami Real Estate Advisor, today.
Are pets allowed?
Yes, pets are allowed at 650 NE 32nd Street #1508—a great perk for buyers with furry companions. If you have a specific breed or size in mind, we’ll gladly pull the condo association’s exact pet rules for this unit to confirm details. Note that federal accommodations apply for documented service animals or emotional support animals. For the latest policy details, contact Christopher Lazaro, Miami Real Estate Advisor, to verify before proceeding.
How is the price set and is there room to negotiate?
The $640,000 list price reflects a tailored comparative market analysis (CMA) for this Miami Modern District condo, weighing recent sales in the building and nearby towers like Missoni Baia. Miami-Dade condos have recently been closing at 94% of list, about 64 days on market (MIAMI REALTORS®, May 2026), so strategic negotiation is possible—but unit-specific factors like this home’s direct bay views and renovated kitchen can anchor value. For a precise Miami CMA before drafting an offer, connect directly with Christopher Lazaro, Miami Real Estate Advisor, to verify positioning.
What financing step do you recommend before touring?
Before touring 650 NE 32nd Street #1508, I strongly recommend securing a pre-approval from a Florida Licensed Mortgage Loan Officer. This clarifies your budget and strengthens your position in competitive markets like Miami, where this $640,000 condo is priced to move. Connect with me, Christopher Lazaro, to verify financing options or discuss next steps—I’ll ensure you’re prepared to act with confidence.
Monthly Fees & Carrying Costs
| Association Fee | $901 / month |
| Total Monthly Fees | $901 / month |
- Membership Required: No
- Application Fee: $150 (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: 32nd
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City: Miami
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Zip/Postal Code: 33137
Details
Updated on July 1, 2026 at 11:37 pm-
Property ID R11038579
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Price $640,000
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Property Size 706 Sq Ft
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Bedroom 1
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Rooms 4
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Bathrooms 1.5
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Year Built 2018
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Property Status Active, Residential
Additional details
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Flooring Vinyl
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Bedroom Features Primary Bath Shower
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Cooling Central Building A/C
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Association Type Condo
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Association Fee Frequency Monthly
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Area Paraiso Bay Condo
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Annual Tax 9370
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Maintenance Fee Paid Per Monthly
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Association Yes
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Private Pool No
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Listing Terms All Cash, Conventional, FHA, FHA 203K, VA Loan
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Waterfront Yes
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Full Bathrooms 1
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Subdivision PARAISO BAY CONDO
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Total Stories 50
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Restrictions Assoc Approval Required
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Maintenance Includes Parking, Security
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Amenities Elevator(s), Exercise Room, Sauna, Spa/Hot Tub, Tennis Court(s), Trash Chute
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Parking 1 Space, Assigned
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Heating Central Building A/C
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Structure Type Condo
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Tax Year 2024
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Construction Concrete Block Construction
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Building Area 706
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Covered Spaces 0
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Unit Floor 15
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View Bay, Bay View
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Year Built Details Resale
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Unit Number 1508
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Half Bathrooms 1
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New Construction No
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Garage Spaces 0
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Association Fee 901
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Lot Size (Sq Ft) 0
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Membership Purchase Required No
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