Video tour
$6,650 Closing Credit¹
#A11740029, Giovanni Vasquez, Listing Office: Synergy Realty Advisors
$565,000 List price
501 NE 31st St Unit 3507 Miami, FL 33137
$6,709
Closing credit¹
1 bed
1 full, 1 partial
746 sqft
$757 / sqft
Condo
Property details
About 501 NE 31st St Unit 3507
INVESTOR’S DREAM! HIGH-INCOME RENTAL CONDO! MOTIVATED SELLER – QUICK CLOSE, 1031 EXCHANGE OPPORTUNITY & PACKAGE DEAL AVAILABLE. A luxurious 1Bed + Den, 1.5-Bath condo with floor-to-ceiling windows, stylish modern finishes and a spacious balcony offering breathtaking Miami views. Paraiso Bayviews is a resort-style building, located in the high-demand area which ensures strong rental potential. 31-day minimum rentals allowed, up to 4 times a year. The seller is ready to close quickly, and this property can be purchased individually or as a package deal together with A11625252 - perfect for 1031 exchange buyers looking to maximize returns.
Highlights
Home typeCondominium
HeatingCentral
StatusActive
CoolingCentral Air
Size746 sqft
Year built2018
ParkingAttached, Garage, One Space, Garage Door Opener
MLS #A11625583
Attached garage1 space
ViewGarden
Virtual tour
Summary
- MLS Number: A11625583
- MLS Name: SEFMIAMI
- Office Name: Luxe Living Realty
- Office Phone: (305) 673-6787
- Office Email: info@dorapuig.com
- Listing Agent: Natalia Sgibneva
© 2025 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: 3/12/2025, 12:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$565,000
501 NE 31st St Unit 3507
$6,709
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $416,300 | $8,557 |
| 2022 | $287,103 | $5,743 |
| 2021 | $249,655 | $5,743 |
| 2020 | $293,712 | $5,304 |
| 2018 | $14,105 | $310 |
History based on county public records data.
Nearby schools
3
Bridgeprep Academy of Greater Miami
Public Charter KG-5
0.9 mi
•137 NE 19th St
4
Eneida Massas Hartner Elementary School
Public District PK-5
0.9 mi
•401 NW 29th St
6
Phyllis Wheatley Elementary School
Public District PK-5
1.1 mi
•1801 NW 1st Pl
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $89,833. The majority of Miami, FL residents have income between $35k-100k annually. Residents typically live in single, no kids family. The majority of residents in this area have post secondary degree education.
How much money do the neighbors make?
2%
<35k
62%
35k-100k
36%
100k-200k
0%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Doctorate
What types of families live nearby?
69%
Single, No Kids
11%
Single, with Kids
14%
Married, No Kids
6%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
7%
<11 yrs old
4%
12-17 yrs old
40%
18-34 yrs old
46%
35-64 yrs old
3%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 501 NE 31st St Unit 3507
This home is located at 501 NE 31st St Unit 3507 in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 746 square foot home was built in 2018. Features: 1 bedroom, 2 bathrooms. It has been listed on Rocket Homes since July 19, 2024 and is currently priced at $565,000.
In February 2025, from all listings sold in Miami, FL there were more than 29 sold above asking price, over 420 sold below and more than 87 were sold right at the asked price. The inventory of homes for sale in Miami, FL between January and February 2025 increased by 13.9%. While the average time on the market in February 2025 was 74 days, the median list price was $577,686.
From Rocket Homes Real Estate and based on county public records data.