condo

$519,000

501 NE 31st Street 4002, Miami, FL 33137

Miami, FL, 33137

1 bd · 2 ba · 622 sqft

Listed by Alure Capital

Estimated monthly payment

$4,425/mo

Know your costs before you buy

Work through three numbers: your estimated monthly payment, the cash needed at closing, and insurance & flood.

Estimated monthly payment $4,425/mo · principal, interest, taxes, insurance and HOA. Verify before you buy.

About this home

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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.

Building health

Building
501· MLS
Year built
2018· MLS
Stories
44· MLS
Units
Not provided —
Milestone inspection
Not provided —
Milestone date
Not provided —
SIRS
Not provided —
SIRS date
Not provided —
Special assessments
Not provided —
Assessment amount
Not provided —
Assessment purpose
Not provided —
Assessment due date
Not provided —
Reserves
Not provided —
Minimum lease term
Not provided —
Rentals per year
Not provided —
Pet rules
Yes, Pet Restrictions Possible· MLS
Age restriction (55+)
Not provided —
HOA fee
$868 / month · billed Monthly· MLS

Last updated Not provided, source: MLS remarks —

Always review the association's milestone inspection report, SIRS, budget and the last 24 months of board minutes before you buy.

Your costs (est.)

≈ $4,425/mo

501 NE 31st Street 4002, Miami, FL 33137 · Miami

Location

501 NE 31st Street 4002, Miami, FL 33137

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Simon Gedz, South Florida luxury real estate specialist

Simon Gedz

Realtor® since 1995