2 months on rocket

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

$787,000

Home List Price

$9,346*

Closing Credit

3 Bedrooms
2 Full Baths
1,152 SqFt
$683/SqFt
Condo

Location

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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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Contact Us Phone Number1 (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.

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

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.

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

70 DAYS ON ROCKET

+10 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

IDXAll 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: 11/21/2024, 3:20:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Sep 19, 2018Home Sold
$726,900

Tax History

YEARPROP. TAXASSESSMENT
2020$9,494$479,313
2018$331$15,842
2017$450$24,990

History based on county public records data.

Payment Calculator

$5,312

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,426

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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-332827
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-332828
4
/10
  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-332829
4
/10
  • Phyllis Wheatley Elementary School

  • 1801 NW 1st Pl

  • 1.14 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,833. The most common annual income of people living in Miami, FL is between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 NE 31st St Unit 2506

What is the listing price of this property?

The listing price of 501 NE 31st St Unit 2506 property is $787,000.

What type of property is this?

The property 501 NE 31st St Unit 2506 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 501 NE 31st St Unit 2506 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 $9,494 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on September 19, 2018 for $726,900. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 501 NE 31st St Unit 2506 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 NE 31st St Unit 2506 is 1,152 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 NE 31st St Unit 2506 is 2018.

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 number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. In October 2024 median list price was $560,436 and the average listing age was 60 days.

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

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