501 NE 31st St

Miami, FL 33137

$675,000

$623/ft²

2Beds

2Baths

1,084Sq ft

2018Year built

CondoType

About this home

Spacious 1,085 sq ft high-floor residence on the 32nd floor of a 46-story tower with spectacular water, bay, and skyline views at Paraiso Bayviews in the highly desirable Edgewater neighborhood. This sun-filled 2-bedroom, 2-bath + DEN unit features southwest exposure, offering beautiful natural light and sunset views over Biscayne Bay and the Miami skyline. A welcoming foyer entry leads to an open living and dining area with floor-to-ceiling glass and access to a large terrace—perfect for relaxing or entertaining while enjoying bay breezes & city views. The modern European-style kitchen features sleek cabinetry, quartz countertops, and premium appliances. A versatile den provides the ideal space for a home office, media room, or guest area. The split-bedroom layout offers privacy and comfort. The spacious primary suite includes a walk-in closet, an elegant ensuite bathroom, and access to its own private terrace. The 2nd bedroom is generously sized & located near the 2nd full bathroom. The unit also has a washer & dryer and 1 assigned parking space. Enjoy resort-style waterfront living with exceptional amenities boasting a 46th-floor rooftop pool with panoramic water & city views, and an additional 2nd pool deck on the 9th floor, together with a fitness center, sauna, theater room, game room, kids’ playroom, club room, tennis courts, 24-hour concierge & security. Prime location 10-15 minutes from the Design District, Midtown, Wynwood, Downtown, Brickell, and Miami Beach.

Features

Waterfront

Property details

Listing

MLS #: A11981257
Status: For sale
Listed on: Mar 16, 2026
Days on market: 147 days
Listing data updated: Jun 16, 2026

Interior

Beds: 2
Baths: 2
Living area: 1,084 ft²
Price per ft²: $623/ft²
Unit: 3208

Building & community

Type: Condo
Year built: 2018
HOA fee: $1,558/mo
County: Miami-Dade

Lot & exterior

Waterfront: Yes

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.

True monthly cost

Mortgage (principal & interest): $3,413
Property taxes (est.): $619
Home insurance (est.): $433
Flood insurance (est.): —
HOA fee: $1,558

Estimated total$6,023*/mo

* Some cost lines aren't available yet for this listing; the total shown is incomplete.

Based on 20% down, a 6.5% rate and a 30-year loan, plus this home's estimated Florida carrying costs. All figures are illustrative estimates — not quotes, not financial or insurance advice.

Sources: flood zone — FEMA National Flood Hazard Layer; mortgage, taxes and insurance figures — this site's own estimates; HOA / CDD — as reported for this listing.

What will this home really cost you?

Building structural health (SIRS)

No filing record found

We 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?