CENTURY 21 Edge
$690,000$700,0002 bd2 ba1,084 sqft$637 /sqft$4,947 /mo all-in ↓

501 NE 31ST STREET UNIT 1808, MIAMI, FL, 33137

Active186 days on marketListed Feb 10, 2026MLS #O6381264

Reduced $10KCondominiumPARAISO BAYVIEWS

About this home

501 NE 31ST STREET UNIT 1808

Stunning High-Floor Apartment in the Heart of Miami Discover an incredible opportunity to own a beautiful apartment on the 18th floor of a prestigious 48-story building in Miami. This residence offers the perfect blend of comfort, style, and convenience, with breathtaking panoramic city and water views and an elevated lifestyle. The apartment features two private balconies, providing spectacular views of the Miami skyline and the bay. Whether enjoying your morning coffee or relaxing at sunset, these spacious balconies offer the perfect setting to take in the stunning surroundings from every angle. The residence includes 2 spacious bedrooms, including a primary suite with a walk-in closet, and 2 full bathrooms. The open floor plan seamlessly connects the living room and dining room, creating a bright and airy space ideal for both everyday living and entertaining. Floor-to-ceiling sliding glass doors enhance natural light and provide direct access to the balconies, maximizing the incredible views. The kitchen is elegantly designed, showcasing solid wood cabinets, stone countertops, and all appliances included, combining functionality with modern appeal. This unit also offers an additional enclosed den with a door, creating a private and versatile space that can be used as a home office, guest room, or bonus room. Additional highlights include 1 assigned parking space and elevator access, ensuring comfort and practicality for daily life. The condominium itself offers exceptional amenities, including a large resort-style swimming pool, playground, fully equipped gym, game room, clubhouse, and more—designed to enhance your lifestyle and provide enjoyment for all ages. Ideally located near the main I-195, this property offers easy access to major routes, shopping, dining, and entertainment, while also being close to excellent schools. This is a perfect choice for buyers seeking a prime Miami location with outstanding amenities and a move-in-ready home. A must-see property that truly stands out.

Facts & features

The home at a glance

2

Bedrooms

2

Bathrooms

1,084

Sqft

2018

Year built

One

Levels

$637

Per sqft

NegotiablePets allowed

Inside

FlooringVinyl
AppliancesBuilt-In Oven · Cooktop · Dryer · Microwave · Refrigerator · Washer
InteriorEating Space In Kitchen · High Ceilings · Kitchen/Family Room Combo · Living Room/Dining Room Combo · Open Floorplan · Primary Bedroom Main Floor · Solid Wood Cabinets · Stone Counters · Thermostat · Walk-In Closet(s)
LaundryInside · Laundry Room
CoolingCentral Air
HeatingCentral
FurnishedNegotiable

Outside & construction

RoofOther
ConstructionBlock · Stucco
FoundationSlab
FacesSouth
ParkingAssigned
ExteriorBalcony · Lighting · Sliding Doors

Community & fees

Taxes (2025)$9,665/yr
PetsYes
CommunityClubhouse · Fitness Center · Playground · Pool · Sidewalks · Tennis Court(s)

Utilities & systems

UtilitiesElectricity Available · Sewer Available · Water Available
WaterPublic

The numbers

What it really costs

Built from this home's actual numbers — the most recent property-tax bill on record — not generic estimates.

$4,947 /mo · 10% down Conventional, 30-yr fixed at 6%

Principal & interest$3,723
PMI (est., until 20% equity)$259
Property tax — 2025 actual bill$805
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $69,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.

These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $69,000
Interest rate6.00%
Loan term

Estimated payment

$4,947/mo

Principal & interest$3,723
PMI (est., until 20% equity)$259
Property taxes (actual bill)$805
Est. insurance$160

Includes estimated PMI — it drops off once you reach 20% equity. 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.

$/sqft vs Miami actives

$637 vs $511

Days on market

186 vs 66 typical

Where $637/sqft sits among the 400 Miami actives

160
103 · this home
55
29
19
34
$184–416$416–648$648–881$881–1113$1113–1346$1346+

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

Map of 501 NE 31ST STREET UNIT 1808 inside its neighborhood boundary

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

ElementaryEneida M. Hartner Elementary School★★★★
MiddleJose De Diego Middle School★★★★★
District Instructional Center (Dic)
HighBooker T. Washington Senior High★★★★★
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s market

$508K$590K

Miami median sold, yr/yr

97.6%

Sale-to-list ratio (12 mo)

36 of 400

Miami actives have cut their price

Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.

This home is listed 47% above the MIAMI 33137 median. See the full Miami market guide →

Paper trail

This home's history

CurrentPrice reduced to $690,000 $10K
Feb 10, 2026Listed at $700,000 · 186 days on market since
2018Built · PARAISO BAYVIEWS

Reality check

What actually sold near 501 NE 31ST STREET UNIT 1808

Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.

501 NE 31st St # 4007, Miami FL 33137Sold · Oct ’25

$480,000

501 NE 31st St # 4007, Miami FL 33137 · same community

1 bd · 1.5 ba · 746 sqft · $643/sqft · 92 DOM

1717 N Bayshore Dr # 3242, Miami FL 33132Sold · Oct ’25

$400,000

1717 N Bayshore Dr # 3242, Miami FL 33132

1 bd · 1.5 ba · 1,094 sqft · $366/sqft · 233 DOM

1717 N Bayshore Dr # 1439, Miami FL 33132Sold · Apr ’26

$410,000

1717 N Bayshore Dr # 1439, Miami FL 33132

1 bd · 1.5 ba · 1,066 sqft · $385/sqft · 103 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.

Angela Rodriguez

Your agent

Angela Rodriguez

REALTOR® · CENTURY 21 Edge

Tours, negotiation, and every question about 501 NE 31ST STREET UNIT 1808 — start here.

Andrew Acosta

Your lender

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Pre-approval, rates, and the real monthly number for 501 NE 31ST STREET UNIT 1808 — before you fall in love.

See it in person

Schedule a tour

Live availability from Angela's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.

Straight answers

501 NE 31ST STREET UNIT 1808 FAQs

What would the monthly payment be for 501 NE 31ST STREET UNIT 1808?+

With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $4,947/mo — principal and interest, the actual property-tax bill 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.

What are the property taxes on 501 NE 31ST STREET UNIT 1808?+

The most recent tax bill on record (2025) was $9,665. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.

Are pets allowed at 501 NE 31ST STREET UNIT 1808?+

The listing reports pets: Yes. Communities often layer on breed or weight rules — we'll verify the specifics with the association before you commit.

How does the price compare to other homes in Miami?+

At $690,000, this home is listed about 13% above 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 STREET UNIT 1808?+

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

01Positioned at the premium end

$690,000 runs 47% above the MIAMI 33137 median.

02Time on market is leverage

186 days on market against a Miami median of 66 — sellers in this position are usually ready to negotiate.

03The price has already moved

Listed at $700,000, now $690,000 — a $10K cut. The full history is in the market section below.

Listing courtesy of WRA BUSINESS & REAL ESTATE · Nicole De Antonis. MLS #O6381264.

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 Stellar MLS.

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