501 31st Street Unit 601, Miami, FL 33137

$649,900 — Active

Property Features

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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.

▼ Price Reduced — originally listed at $698,750

Property Details

  • Listing ID: A12032247
  • Status: Active
  • Listing Date: 2026-06-05
  • Property Type: Condominium
  • Unit / Building #: 601
  • Subdivision: PARAISO BAYVIEWS CONDO
  • County: Miami-Dade
  • MLS Area: 2320
  • Bedrooms: 3
  • Full Bathrooms: 2
  • Living Area Sq Ft: 1,110
  • Year Built: 2018

Financial

  • List Price: $649,900
  • Original List Price: $698,750
  • HOA Fee: $1,544/mo
  • Taxes: $10,687/yr

Features & Amenities

  • View: Skyline
  • 55+ Community (HOPA): Yes
  • Pets Allowed: Yes
  • Cooling: Electric
  • Heating: Electric
  • Construction: Block
  • Exterior Features: Barbecue
  • Community Amenities: Management, Parking, Tennis Court(s), Lobby

Courtesy of Red Road Real Estate Florida
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