$519,000

501 NE 31ST ST #4002, MIAMI, FL 33137

1 bed1.5 baths622 sq ftCondo or villaBuilt 2018
Updated today, November 3, 2026

This home against Edgewater

$834 per sq ft, 17% over the Edgewater median
13 days on the market
$7,147 in property taxes (2025)
Waterfront
1 car garage

Edgewater today: 425 homes for sale, median list price $744,000.

About this home

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.

Zoned schools

Elementary: Eneida M. Hartner Elementary School
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Margaret Pace Park, 0.4 mi
Grocery: Whole Foods Market, 0.3 mi

Distances from the center of Edgewater, MIAMI.

Listing courtesy of Alure Capital. MLS# A12110887.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed October 21, 2026.

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