501 NE 31st St # 202, Miami FL 33137, MIAMI, FL, 33137
Active63 days on marketListed Jun 15, 2026MLS #A12037441
About this home
501 NE 31st St # 202, Miami FL 33137
OPPORTUNITY PRICE!!! $429,000. PARKING SPACE in the same level!!!This beautifully furnished 1-bedroom plus 1.5-bathroom apartment is located just 5 minutes from the vibrant Midtown and Design District, offering a variety of shops and dining options. Only 10 minutes from the beach and 15 minutes from the airport, it’s ideally situated for convenience. The unit features expansive floor-to-ceiling windows, providing ample natural light and stunning views. Enjoy top-tier amenities at Paraiso Bayviews, including a rooftop pool, sunset pool, lighted tennis courts, paddle courts, BBQ areas, children’s playroom, billiards room, cutting-edge fitness center, theater, spa, valet parking.
Facts & features
The home at a glance
1
Bedrooms
1.5
Bathrooms
622
Sqft
1
Garage
2018
Year built
$690
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$4,419 /mo · 3.5% down FHA, 30-yr fixed at 6%
The assumptions
FHA is the default here because it gets you in the door with just 3.5% down. Switch to Conventional or VA below.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
Estimated payment
$4,419/mo
Includes FHA mortgage insurance and the financed 1.75% upfront premium. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
−8.3%
$/sqft vs PARAISO BAYVIEWS CONDO
$690 vs $727
Days on market
63 vs 66 typical
Where $690/sqft sits among the 25 homes for sale in PARAISO BAYVIEWS CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Edgewater
Get to know Miami. See the full Miami guide →
Edgewater — neighborhood snapshot
Population
19,496
Median age
35
Median income
$117,257
Median home value
$420,344
Avg household
2
Households w/ children
1,579
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 25
PARAISO BAYVIEWS CONDO have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 9% below the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 501 NE 31st St # 202
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Oct ’25$417,000
501 NE 31st St # 1402, Miami FL 33137 · same community
1 bd · 1 ba · 622 sqft · $670/sqft · 275 DOM
Sold · Dec ’25$460,000
501 NE 31st St # 2802, Miami FL 33137 · same community
1 bd · 1.5 ba · 622 sqft · $740/sqft · 162 DOM
Sold · Oct ’25$450,000
501 NE 31st St # 2402, Miami FL 33137 · same community
1 bd · 1 ba · 622 sqft · $723/sqft · 69 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Moe Thouk Oo
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 501 NE 31st St # 202 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 501 NE 31st St # 202 — before you fall in love.
See it in person
Schedule a tour
Live availability from Moe's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
501 NE 31st St # 202 FAQs
What would the monthly payment be for 501 NE 31st St # 202, Miami FL 33137?+
With 3.5% down on a 30-year FHA loan at 6%, the all-in payment lands around $4,419/mo — principal and interest, the actual property-tax bill, the $949/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 501 NE 31st St # 202, Miami FL 33137?+
The association fee works out to $949 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 501 NE 31st St # 202, Miami FL 33137?+
The most recent tax bill on record (2025) was $7,134. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $429,000, this home is listed about 30% below the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 501 NE 31st St # 202, Miami FL 33137?+
Eneida M. Hartner Elementary School (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Under the MIAMI 33137 market on paper
$429,000 is 9% below the MIAMI 33137 median of $469,900.
02Other View views
The other view view is part of what you're buying — views hold value independently of the structure.
03Know the monthly fee
The association fee is $949/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of Miami Premier Realty · Helmut Sprinckmoller. MLS #A12037441.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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