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501 NE 31st St Unit 2705, Miami, FL, 33137

$514,500

Home List Price

$6,110*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
618 SqFt
$833/SqFt
Condo

Location

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501 NE 31st St Unit 2705, Miami$514,500

Buyer Closing Credits

$6,110*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingGuest, One Space, Valet
Garage1 space
Year Built2018
HeatingElectric
CoolingCentral Air
WaterfrontBay Front, Ocean Access
ViewBay, Other
MLS #A11671119
StatusActive

About 501 NE 31st St Unit 2705

WATERVIEW UNIT & open concept, 1 bed & 1.5 Bath, Kitchen w quartz countertop w metal subway backsplash, all appliances BOSH. Unit located in the 27th floor in the "BUBBLE" giving extra sqf on balcony. The master bath is breathtaking design w dual sink on one piece quartz & double shower glass doors, allowing half bath to access the shower. Bathrooms are finished w high end finish & accessories. Balcony has been upgraded with great tile design that complements the breathtaking views of the Biscayne Bay all the way to Miami Beach. Building possesses a stellar rooftop glass enclosed swimming pool, 2nd swimming pool on the second L also the tennis courts, Gym, Spa, Sauna, Grand Saloon, Theater, Pool Table & Kids plays room. walking distance to the Design District & Michael Schwartz Restaurant

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2018
  • Living Area: 618 SqFt

Listing Office:

  • Office Name: CasaMagna Realty LLC
  • Office Phone: (954) 659-1709
  • Listing Agent: Orlando Jimenez

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Carpet, Ceramic Tile, Other
  • Interior: Bedroom on Main Level, Breakfast Area, Convertible Bedroom, Closet Cabinetry, Dual Sinks, Family/Dining Room, Elevator

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Ocean Access
  • View: Bay, Other
  • Exterior: Barbecue

Parking Information:

  • Garage Space: 1 space
  • Parking: Guest, One Space, Valet

Virtual/3D Tour

  • Virtual Tour: 501 NE 31st St Unit 2705
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Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $514,500
  • Price Per SqFt: $833/SqFt

HOA Fees:

  • Amount: $799
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,123
  • Tax Year: 2020
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Housing Market Comparison

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

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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 2705 vs Miami

47 DAYS ON ROCKET

-13 Days

$514,500

-$45.9K Less

$833/SqFt

+$443 More

KEY TAKEAWAY

This property is $45.9K less than the Median Sold Price and $443/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: #A11671119

Listing Office:

  • Office Name: CasaMagna Realty LLC
  • Office Phone: (954) 659-1709
  • Listing Agent: Orlando Jimenez

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, 9:20:48 AM 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$6,123$287,476
2018$254$11,559
2017$244$13,520

History based on county public records data.

Payment Calculator

$3,434

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,609

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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-240161
4
/10

  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-240162
4
/10

  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-240163
4
/10

  • Phyllis Wheatley Elementary School

  • 1801 NW 1st Pl

  • 1.14 miles

  • Public District Grades PK-5

All data from GreatSchools

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. Most families are single, no kids. Most residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 NE 31st St Unit 2705

What is the listing price of this property?

The listing price of 501 NE 31st St Unit 2705 property is $514,500.

What type of property is this?

The property 501 NE 31st St Unit 2705 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 501 NE 31st St Unit 2705 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 $6,123 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 501 NE 31st St Unit 2705 has 1 bedroom and 1 full and 1 half bathrooms.

What is the square footage of this property?

The property 501 NE 31st St Unit 2705 is 618 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 NE 31st St Unit 2705 is 2018.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›501 NE 31st St Unit 2705

This home is located at 501 NE 31st St Unit 2705 in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 618 square foot home was built in 2018. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $514,500.

Over 62 listings were sold over their listed price in October 2024 in Miami, FL. In the same period over 507 listings were sold below the listed price and 129 listings were sold for the listed price. The number of homes for sale in Miami, FL increased by 8.3% between September 2024 and October 2024. 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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