$649,900

501 NE 31ST ST #601, MIAMI, FL 33137

3 beds2 baths1,110 sq ftCondo or villaBuilt 2018
Updated today, November 3, 2026

This home against Edgewater

$586 per sq ft, 18% under the Edgewater median
153 days on the market
Price cut $48,850 since it was listed at $698,750
$10,687 in property taxes (2025)
1 car garage

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

About this home

Beautifully FURNISHED 3-Bedroom, 2-Bath residence at Paraiso Bayviews in the heart of Miami's vibrant Edgewater neighborhood. This thoughtfully designed 1,110 SF home features stylish wallpaper throughout, upgraded designer lighting, and a spacious open layout ready for immediate occupancy. Located on the 6th floor, the residence offers pleasant city views and abundant natural light. Rented until Feb 2027 at $6K per month. Paraiso Bayviews is one of Edgewater's premier lifestyle destinations, offering resort-style amenities including a rooftop pool with panoramic bay views, state-of-the-art fitness center, tennis courts, spa, children's playroom, clubhouse, summer kitchens, and more. Residents also enjoy access to the renowned Amara at Paraiso waterfront restaurant by award-winning chef Michael Schwartz.Investor-friendly building allows 30-day rentals up to 12 times per year, making this an excellent option for both end-users and income-focused buyers. Ideally located just minutes from the Design District, Midtown Miami, Wynwood, Downtown Miami, Brickell, Miami Beach, and Miami International Airport. CURRENTLY RENTED FOR $6,000 PER MONTH UNTIL FEB 18TH.

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 Red Road Real Estate Florida. MLS# A12032247.

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

Listed June 3, 2026.

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