2 months on rocket

501 NE 31st St Unit 3406, Miami, FL, 33137

$845,000

Home List Price

$10,000*

Closing Credit

3 Bedrooms
2 Full Baths
1,152 SqFt
$734/SqFt
Condo

Location

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501 NE 31st St Unit 3406, Miami$845,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, One Space, Valet
Garage1 space
Year Built2018
HeatingOther
CoolingCentral Air
ViewBay, Water
MLS #A11654507
StatusActive

About 501 NE 31st St Unit 3406

Modern corner unit on the 34th floor of Paraiso Bayviews with stunning water and skyline views. This spacious 3-bed, 2-bath condo features an open kitchen and living area leading to a wrap-around terrace, ideal for entertaining. Enjoy a vibrant city lifestyle close to Wynwood, Midtown, Downtown/Brickell, the Design District, and Miami Beach. Amenities include a rooftop pool, gym, and stylish common areas in a prime, central location. 24h notice required for showings.

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2018
  • Living Area: 1,152 SqFt

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Charles Josset

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Washer
  • Flooring Type: Tile
  • Interior: Bedroom on Main Level, Dual Sinks, Elevator, Family/Dining Room, Living/Dining Room

Bedroom and Bathroom Information:

  • Full Bathrooms: 2
  • Total Bedroom Count: 3

Exterior Features

Exterior Information:

  • View: Bay, Water
  • Exterior: Security/High Impact Doors

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 501 NE 31st St Unit 3406
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Utilities

Utilities Information:

  • Heating: Other
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $845,000
  • Price Per SqFt: $734/SqFt

HOA Fees:

  • Amount: $1491
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $9,930
  • 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 3406 vs Miami

78 DAYS ON ROCKET

+18 Days

$845,000

+$284.5K More

$734/SqFt

+$344 More

KEY TAKEAWAY

This property is $284.5K more than the Median Sold Price and $344/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: #A11654507

Listing Office:

  • Office Name: Compass Florida, LLC.
  • Office Phone: (305) 851-2820
  • Listing Agent: Charles Josset

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: 11/24/2024, 7:20:48 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$9,930$501,318
2018$469$21,366
2017$450$24,990

History based on county public records data.

Payment Calculator

$5,776

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,600

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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-1111558
4
/10

  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 0.86 miles

  • Public Charter Grades KG-5

school-card-donut-1111559
4
/10

  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.92 miles

  • Public District Grades PK-5

school-card-donut-1111560
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. Most Miami, FL residents have annual incomes between $35k-100k. The majority of 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 3406

What is the listing price of this property?

The listing price of 501 NE 31st St Unit 3406 property is $845,000.

What type of property is this?

The property 501 NE 31st St Unit 3406 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 501 NE 31st St Unit 3406 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 $9,930 (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 3406 has 3 bedrooms and 2 bathrooms.

What is the square footage of this property?

The property 501 NE 31st St Unit 3406 is 1,152 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 NE 31st St Unit 3406 is 2018.

Rocket Homes›Florida›Miami-Dade County›Miami›33137›501 NE 31st St Unit 3406

This home is located at 501 NE 31st St Unit 3406 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 06, 2024 and is currently priced at $845,000.

Miami, FL housing market in October 2024 saw over 62 listings sold above listed price, more than 129 sold at listed price and over 507 sold below. The inventory of homes for sale in Miami, FL between September 2024 and October 2024 increased 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.

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