ParkingCovered, One Space, Valet, Garage Door Opener
Garage1 space
Year Built2018
HeatingCentral
CoolingCentral Air
ViewBay, City, Intercoastal
MLS #A11543974
StatusActive
About 501 NE 31st St Unit 2710
Indulge in luxury at Paraiso Bayviews with this 2-bed + Den, 2-bath unit, completely remodeled to perfection. Revel in top-quality finishes, from real wood floors to beautifully Built in Custom Closets, and enjoy the stylish touch of wallpaper throughout. The den features a sleek running glass door for added elegance. Designed by Karim Rashid, the interiors boast wide-open spaces and bay views. The expansive wraparound balcony offers a stunning backdrop of both the bay and Intracoastal Waterway. Conveniently located in Edgewater, this unit defines upscale living with style and sophistication.
Interior: Built-in Features, Bedroom on Main Level, Closet Cabinetry, Dual Sinks, Eat-in Kitchen, First Floor Entry, Kitchen Island, Living/Dining Room, Pantry, Walk-In Closet(s), Elevator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$5,306
Per Month
Principal & Interest
$3,744
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$1,495
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,315
Powered By
Advertisement
NMLS#3030
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.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
4
/10
Bridgeprep Academy of Greater Miami
137 NE 19th St
Distance between this listing and this school0.86 miles
Public Charter Grades KG-5
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.92 miles
Public District Grades PK-5
4
/10
Phyllis Wheatley Elementary School
1801 NW 1st Pl
Distance between this listing and this school1.14 miles
Public District Grades PK-5
Nearby Schools
2
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.04 miles
Public District Grades 6-8
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school1.37 miles
Public Charter Grades 6-9
3
/10
Georgia Jones-Ayers Middle School
1331 NW 46th St
Distance between this listing and this school2.09 miles
Public District Grades 6-8
Nearby Schools
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school0.53 miles
Public Magnet Grades 9-12
5
/10
Young Men's Preparatory Academy
3001 NW 2nd Ave
Distance between this listing and this school0.72 miles
Public Magnet Grades 6-12
7
/10
Miami Arts Charter
95 NW 23rd St
Distance between this listing and this school0.77 miles
The neighbors living near this home have an average income of $89,833. Typical income of Miami, FL residents is between $35k-100k annually. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 501 NE 31st St Unit 2710
What is the listing price of this property?
The listing price of 501 NE 31st St Unit 2710 property is $750,000.
What type of property is this?
The property 501 NE 31st St Unit 2710 is a condo located in Miami, Florida, 33137.
Is this property for sale now?
Active Listing: 501 NE 31st St Unit 2710 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 $8,375 (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 2710 has 2 bedrooms and 2 bathrooms.
What is the square footage of this property?
The property 501 NE 31st St Unit 2710 is 1,141 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 501 NE 31st St Unit 2710 is 2018.
This home is located at 501 NE 31st St Unit 2710 in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 1,141 square foot home was built in 2018. Features: 2 bedrooms, 2 bathrooms. It has been listed on Rocket Homes since March 05, 2024 and is currently priced at $750,000.
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. Between September 2024 and October 2024, Miami, FL real estate market has seen increase in the number of listings by 8.3%. 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.