501 NE 31st St Unit 2506, Miami, FL, 33137

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501 NE 31st St Unit 2506, Miami$787,000

Buyer Closing Credits

$9,346^*

1.25% Loan Amount

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1 (855) 200-2001

Property Highlights

Home TypeCondominium

ParkingAssigned

Garage1 space

Year Built2018

HeatingCentral

CoolingCentral Air

WaterfrontNone

FireplaceNone

MLS #RX-11020127

StatusActive

About 501 NE 31st St Unit 2506

Paraiso Bayviews nice corner unit with 3 bedrooms + 2 bathrooms with a gorgeous water bayviews of Biscayne Bay. Unit offers an open kitchen and living space with floor to ceiling and a wrap around glass balcony. Amenities at Paraiso Bayviews include a tennis court, basketball court, fitness center, main pool and roof top pool, party room, billiard room and more. Very short walk to Midtown, the Design District and Wynwood.

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Property Details

Property Features

Property Information:

• Year Built: 2018
• Stories: 46
• Living Area: 1,152 SqFt

Listing Office:

• Office Name: United Realty Group Inc.
• Office Phone: (954) 450-2000
• Listing Agent: Kenedy Goncalves De Melo

Interior Features

Interior Information:

• Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
• Flooring Type: Carpet
• Interior: None
• Fireplace: None

Bedroom and Bathroom Information:

• Full Bathrooms: 2
• Total Bedroom Count: 3

Exterior Features

Exterior Information:

• Private Pool: No
• Waterfront: None

Parking Information:

• Garage Space: 1 space
• Attached Garage: No
• Parking: Assigned

Virtual/3D Tour

• Virtual Tour: 501 NE 31st St Unit 2506

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Utilities

Utilities Information:

• Heating: Central
• Cooling: Central Air

School Info

Assigned Schools Information:

• Booker T. Washington Senior High School, Public Magnet Grades 9-12
• Jose De Diego Middle School, Public District Grades 6-8
• Eneida Massas Hartner Elementary School, Public District Grades PK-5

Other

Directions Information:

• Directions: From Biscayne turn left on 31st Street.

Price Information

Listing Price Info

Price Summary:

• List Price: $787,000
• Price Per SqFt: $683/SqFt

HOA Fees:

• Amount: $1317
• Frequency: Monthly

Tax Information:

• Annual Amount: $9,494
• Tax Year: 2020

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Housing Market Comparison

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

Miami, FL

City

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

501 NE 31st St Unit 2506 vs Miami

54 DAYS ON ROCKET

-6 Days

$787,000

+$226.5K More

$683/SqFt

+$293 More

KEY TAKEAWAY

This property is $226.5K more than the Median Sold Price and $293/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

• MLS Number: #RX-11020127

Listing Office:

• Office Name: United Realty Group Inc.
• Office Phone: (954) 450-2000
• Listing Agent: Kenedy Goncalves De Melo

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/5/2024, 10:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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Property Sales & Tax

Listing History

DATE	EVENT	PRICE
Sep 19, 2018	Sep 19, 2018Home Sold	$726,900

Tax History

YEAR	PROP. TAX	ASSESSMENT
2020	$9,494	$479,313
2018	$331	$15,842
2017	$450	$24,990

History based on county public records data.

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**Disclosures

Rocket Homes›Florida›Miami-Dade County›Miami›33137›501 NE 31st St Unit 2506

This home is located at 501 NE 31st St Unit 2506 in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 1,152 square foot home was built in 2018. Features: 3 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since September 11, 2024 and is currently priced at $787,000.

In October 2024, from all listings sold in Miami, FL there were more than 62 sold above asking price, over 507 sold below and more than 129 were sold right at the asked price. 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.