501 NE 31st St #3507 Miami 33137

501 NE 31st St #3507

Miami, FL 33137

$565,000 -5.04%

746 f²

Michael Light, P.A.

Broker Associate

305-350-9842
E-Mail Michael

Inquire About this Property

Property Details

MLS #

A11625583

Listing Type

Condo/Townhome

Unit #

3507

Status

Active

Address

501 NE 31st St #3507 map

Maintenance Fee

$965

Bedrooms

Bathrooms

Half Baths

Living Area(f²)

746

Lot Size (f²)

Year Built

2018

Parking Spaces

Waterfront

Complex

PARAISO BAYVIEWS

Days On Market

254

Pool

Pets Allowed

N/A

Property Description

INVESTOR’S DREAM! HIGH-INCOME RENTAL CONDO! MOTIVATED SELLER – QUICK CLOSE, 1031 EXCHANGE OPPORTUNITY & PACKAGE DEAL AVAILABLE. A luxurious 1Bed + Den, 1.5-Bath condo with floor-to-ceiling windows, stylish modern finishes and a spacious balcony offering breathtaking Miami views. Paraiso Bayviews is a resort-style building, located in the high-demand area which ensures strong rental potential. 31-day minimum rentals allowed, up to 4 times a year. The seller is ready to close quickly, and this property can be purchased individually or as a package deal together with A11625252 - perfect for 1031 exchange buyers looking to maximize returns.

Property Amenities

Interior Features

First Floor Entry
Built-in Features
Closet Cabinetry

Equipment

Dishwasher
Disposal
Dryer
Ice Maker
Microwave
Refrigerator
Self Cleaning Oven
Washer

Similar Condos

Unit #	Floor	Price	% Change	Beds/Baths	Size (f²)	Size (m²)	$/f²	$/m²	Condo Fee	DOM
1907	19^th	$480,000	-8.57%	1/1.5	746	69	$643	$6,926	$965	166
1404	14^th	$490,000	-7.55%	1/1.5	610	57	$803	$8,647	$800	198
2705	27^th	$490,000		1/1.5	618	57	$793	$8,535	$799	15
2304	23^rd	$497,000	-5.33%	1/1.5	610	57	$815	$8,770	$799	295
2902	29^th	$498,000	-1.39%	1/1.5	622	58	$801	$8,618	$868	61
2204	22^nd	$499,500	-7.33%	1/1.5	610	57	$819	$8,814	$1,063	233
202	2^nd	$509,000	-0.2%	1/2	622	58	$818	$8,809	$820	5
3104	31^st	$510,000	-3.77%	1/1.5	610	57	$836	$9,000	$851	222
1402	14^th	$510,000		1/1	622	58	$820	$8,826	$815	77
204	2^nd	$520,000	-3.7%	1/1.5	610	57	$852	$9,176	$852	401
2002	20^th	$524,999		1/1	622	58	$844	$9,086	$805	99
3803	38^th	$525,000		1/1.5	622	58	$844	$9,086	$856	67
3905	39^th	$530,000		1/1.5	618	57	$858	$9,231	$863	52
2905	29^th	$535,000		1/1.5	618	57	$866	$9,319	$0	302
3004	30^th	$539,000		1/1.5	610	57	$884	$9,511	$790	381
3003	30^th	$539,000		1/1.5	662	61	$814	$8,764	$857	381
1607	16^th	$540,000		1/1.5	746	69	$724	$7,792	$965	169
3705	37^th	$540,000		1/1.5	618	57	$874	$9,406	$0	30
3607	36^th	$560,000	-1.75%	1/1.5	746	69	$751	$8,080	$1,000	51
3507	35^th	$565,000	-5.04%	1/1.5	746	69	$757	$8,153	$965	254
4305	43^rd	$599,000		1/1.5	833	77	$719	$7,740	$1,091	64
PH4405	44^th	$615,000	-13.99%	1/1.5	833	77	$738	$7,947	$1,162	744

Similar Condos Closed in the Building

Sales Data is for the past 6 Months

Unit #	Closed Date	Sold Price	List Price	Beds	Baths	Size (ft²)	$/ft²	$/m²	DOM
3707	10/04/2024	$515,000	$535,000	1	1	746	$717	$7,720	196
205	09/18/2024	$400,000	$450,000	1	1	618	$728	$7,838	188
1704	04/26/2024	$480,000	$515,000	1	1	610	$844	$9,088	57

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