501 NE 31st St
Miami, FL 33137
$5,850/mo
About this home
Modern, bright, and comfortable furnished 3-Bedroom / 2-Bathroom corner condo at Paraiso Bayviews, featuring beautiful views of Biscayne Bay and the downtown skyline. This residence features wood-like tile flooring, Italian kitchen cabinetry, and a spacious wrap-around balcony. Designed by Karim Rashid, residents enjoy great amenities, including a rooftop pool, a second pool on the 5th-floor amenity deck, hot tub, BBQ area, fitness room, spa with sauna, kid's playroom, a multi-purpose game room, and tennis court. Ideally located in Edgewater, just minutes from Midtown Miami, Miami Design District, Whole Foods Market, and Wynwood. Easy access to major highways (I-195/I-95), Miami International Airport, and Miami Beach. *Includes basic cable, internet, and one assigned covered parking space.
Property details
Listing
- MLS #
- A11976675
- Status
- For sale
- Listed on
- Mar 12, 2026
- Days on market
- 154 days
- Listing data updated
- Jun 22, 2026
Interior
- Beds
- 3
- Baths
- 2
- Living area
- 1,152 ft²
- Unit
- 1606
Building & community
- Type
- Condo
- Year built
- 2018
- County
- Miami-Dade
Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.
Building structural health (SIRS)
No filing record foundWe couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.
Questions about this
What is a SIRS and why does it matter?
Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.
Has this building filed its SIRS?
We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.
What is a special assessment?
A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.
What should I check before buying in this building?
Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.
Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.
Want the full structural picture of this building before you offer?
Location
This listing is courtesy of Loji Realty, Inc..
Sandra Loji Hui · 786-543-2319 · lojisandy2@gmail.com · 786-543-2319
Data deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.
