650 NE 32nd St

Miami, FL 33137

$5,500/mo

1Beds

2Baths

898Sq ft

2018Year built

CondoType

About this home

arely available for rent, this sophisticated 1 Bed + Den, 2 Bath residence at Paraiso Bay offers refined waterfront living with breathtaking bay and skyline views and upgraded finishes Designed with elevated custom finishes throughout, the unit features a bespoke kitchen island with a stone waterfall countertop, a beautifully appointed den, and three custom closets in the primary suite. The primary bathroom has been upgraded into a spa-like retreat with a high-end triple-control shower system, while distinctive design details including a custom black mirror wall and electric blackout shades — create a sleek, modern atmosphere. Enjoy the privacy and exclusivity of direct elevator entry, along with a generous 215 sq. ft. terrace ideal for relaxing or entertaining while overlooking Miami’s iconic waterfront. Paraiso Bay offers some of Edgewater’s most complete resort-style amenities, including a lagoon-style pool, state-of-the-art fitness center, spa, tennis courts, theater, bowling alley, children’s playroom, and elegant social spaces. Perfectly located minutes from Wynwood, the Design District, Midtown, Miami Beach, Brickell, and Miami International Airport, this residence delivers the ideal combination of luxury, privacy, design, and convenience in one of Miami’s most desirable waterfront communities.

Features

Waterfront

Property details

Listing

MLS #: A12068538
Status: For sale
Listed on: Aug 10, 2026
Days on market: 3 days
Listing data updated: Aug 10, 2026

Interior

Beds: 1
Baths: 2
Living area: 898 ft²
Unit: 4407

Building & community

Type: Condo
Year built: 2018
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.

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?