5 months on rocket

3131 NE 7th Ave Unit 304, Miami, FL, 33137

$1,255,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
3 Full Baths, 1 Partial
1,526 SqFt
$822/SqFt
Condo

Location

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3131 NE 7th Ave Unit 304, Miami$1,255,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, Attached, Covered, Garage, One Space
Attached Garage1 space
Year Built2018
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay, Water
MLS #A11593115
StatusActive

About 3131 NE 7th Ave Unit 304

This 3 bedroom 3.5 bath condo with a den has GORGEOUS, unobstructed views of the Biscayne Bay! This beautiful condo features its own foyer entrance with semi-private elevator access, porcelain tile floors throughout & marble floors in the bathroom, an open kitchen with Sub-Zero & Wolf appliances and European cabinetry, custom closets & window treatments, floor to ceiling windows & 2 private balconies. One Paraiso has resort-like amenities which include 2 Olympic size pools, hot tub, state of the art fitness center, yoga room, spa, steam room, party room, business center, game room & much more. Maintenance includes water, basic cable & internet and 1 assigned covered parking space. Tenant occupied until 01/19/2025 but lease has a 60 day kick out clause.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2018
  • Stories: 1
  • Living Area: 1,526 SqFt

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 779-2430
  • Listing Agent: Denni Jordan

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Marble, Tile
  • Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Dual Sinks, First Floor Entry, Living/Dining Room, Split Bedrooms, Separate Shower, Walk-In Closet(s), Bar

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 3
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Water
  • Exterior: Balcony, Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Attached Garage: Yes
  • Parking: Assigned, Attached, Covered, Garage, One Space

Virtual/3D Tour

  • Virtual Tour: 3131 NE 7th Ave Unit 304
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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Other

Directions Information:

  • Directions: Biscayne Blvd. to NE 32nd St, east on NE 32nd Street (Walgreens is on the corner), drive all the way to the end of 32nd St and One Paraiso will be right in front of you, park with Valet or park on the street at a meter.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,255,000
  • Price Per SqFt: $822/SqFt

HOA Fees:

  • Amount: $2155
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $12,370
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

3131 NE 7th Ave Unit 304 vs Miami

176 DAYS ON ROCKET

+116 Days

$1,255,000

+$694.5K More

$822/SqFt

+$432 More

KEY TAKEAWAY

This property is $694.5K more than the Median Sold Price and $432/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11593115

Listing Office:

  • Office Name: One Sotheby's International Realty
  • Office Phone: (305) 779-2430
  • Listing Agent: Denni Jordan

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing 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. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 7:20:48 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$12,370$580,800
2018$1,050$42,890
2017$1,011$65,450

History based on county public records data.

Payment Calculator

$8,486

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,829

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-411718
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 0.93 miles

  • Public Charter Grades KG-5

school-card-donut-411719
4
/10
  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 1.02 miles

  • Public District Grades PK-5

school-card-donut-411720
7
/10
  • Shadowlawn Elementary School

  • 149 NW 49th St

  • 1.22 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $52,551. Most Miami, FL residents have annual incomes between $35k-100k. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 3131 NE 7th Ave Unit 304

What is the listing price of this property?

The listing price of 3131 NE 7th Ave Unit 304 property is $1,255,000.

What type of property is this?

The property 3131 NE 7th Ave Unit 304 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 3131 NE 7th Ave Unit 304 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $12,370 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 3131 NE 7th Ave Unit 304 has 3 bedrooms and 3 full and 1 half bathrooms.

What is the square footage of this property?

The property 3131 NE 7th Ave Unit 304 is 1,526 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 3131 NE 7th Ave Unit 304 is 2018.

Rocket HomesFloridaMiami-Dade CountyMiami331373131 NE 7th Ave Unit 304

This home is located at 3131 NE 7th Ave Unit 304 in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 1,526 square foot home was built in 2018. Features: 3 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since May 29, 2024 and is currently priced at $1,255,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased by 8.3%. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

From Rocket Homes Real Estate and based on county public records data.

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