5 months on rocket

501 NE 31st St Unit 2905, Miami, FL, 33137

$535,000

Home List Price

$6,353*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
618 SqFt
$866/SqFt
Condo

Location

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501 NE 31st St Unit 2905, Miami$535,000

Buyer Closing Credits

$6,353*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingOne Space
Garage1 space
Year Built2018
HeatingElectric
CoolingCentral Air, Electric
WaterfrontBay Front, Ocean Access
ViewIntercoastal
MLS #A11598697
StatusActive

About 501 NE 31st St Unit 2905

INVESTORS WELCOME, SHORT TERM RENTALS ALLOWED. BEAUTIFUL VIEW FROM THIS 1BED/1.5BATH AT THE LUXURY PARAISO BAYVIEWS IN EDGEWATER , A PARADISE ON BISCAYNE BAY. INTERIOR DESIGNER KARIM RASHID. ITALIAN KITCHEN WITH BOSH APPLIANCES, WASHER & DRYER INSIDE. THE BEST AMENITIES INCLUDED, A ROOF-TOP LAP POOL WITH 360-DEGREE VIEWS, HEATED SWIMMING POOL, TENNIS COURT, FITNESS CENTER, POOL TABLE, 3000 SQFT PARTY ROOM, KIDS PLAYROOM, BUSINESS CENTER, BARBECUE AREA AND ACCESS TO BEACH CLUB. WALKING DISTANCE TO MIDTOWN, DESIGN DISTRICT AND WYNWOOD.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: Beachfront Realty Inc
  • Office Phone: (786) 662-9817
  • Listing Agent: Line Landereethe

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Living/Dining Room, Bar

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • Waterfront: Bay Front, Ocean Access
  • View: Intercoastal
  • Exterior: Awning(s), Barbecue, Courtyard, Deck, Fence, Security/High Impact Doors

Parking Information:

  • Garage Space: 1 space
  • Parking: One Space

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  • Virtual Tour: 501 NE 31st St Unit 2905
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Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: Central Air, Electric

Price Information

Listing Price Info

Price Summary:

  • List Price: $535,000
  • Price Per SqFt: $866/SqFt

HOA Fees:

  • Amount: $0
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $6,184
  • 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 2905 vs Miami

173 DAYS ON ROCKET

+113 Days

$535,000

-$25.4K Less

$866/SqFt

+$476 More

KEY TAKEAWAY

This property is $25.4K less than the Median Sold Price and $476/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: #A11598697

Listing Office:

  • Office Name: Beachfront Realty Inc
  • Office Phone: (786) 662-9817
  • Listing Agent: Line Landereethe

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, 2:20:49 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$6,184$290,358
2018$254$11,559
2017$244$13,520

History based on county public records data.

Payment Calculator

$2,738

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,670

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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-317804
4
/10

  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-317805
4
/10

  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-317806
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. The most common type of family is single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 NE 31st St Unit 2905

What is the listing price of this property?

The listing price of 501 NE 31st St Unit 2905 property is $535,000.

What type of property is this?

The property 501 NE 31st St Unit 2905 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 501 NE 31st St Unit 2905 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 $6,184 (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 2905 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 2905 is 618 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 NE 31st St Unit 2905 is 2018.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›501 NE 31st St Unit 2905

This home is located at 501 NE 31st St Unit 2905 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 June 01, 2024 and is currently priced at $535,000.

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. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. Listings spent 60 days on the market in October 2024, and had a median list price of $560,436 during the same period.

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

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