1 / 3Paraiso Bay Miami Condos for Sale & Rent
Paraiso Bay is a 53-story luxury condominium in Miami’s Edgewater neighborhood, designed by Keith Hobbs with landscape architecture by Enzo Enea.
Ask about this buildingParaiso Bay Miami Condos for Sale & Rent
Paraiso Bay is a 53-story luxury condominium in Miami’s Edgewater neighborhood, designed by Keith Hobbs with landscape architecture by Enzo Enea.
Ask about this buildingExplore Paraiso Bay Miami
Request current availability, comparable residences, or a private building tour.
| 1508 | $625,000 | 1 | 1.5 | 706 | $885 | 32 |
| 908 | $645,000 | 1 | 1.5 | 706 | $914 | 0 |
| 2108 | $675,000 | 1 | 1.5 | 706 | $956 | 238 |
| 3108 | $680,000 | 1 | 1.5 | 706 | $963 | 381 |
| 4308 | $715,000 | 1 | 1.5 | 706 | $1,013 | 3 |
| 4508 | $720,000 | 1 | 1.5 | 706 | $1,020 | 0 |
| 4407 | $798,500 | 1 | 2 | 898 | $889 | 140 |
| 3707 | $810,000 | 1 | 2 | 898 | $902 | 37 |
| 2406 | $830,000 | 2 | 2 | 1,067 | $778 | 7 |
| 3302 | $855,800 | 1 | 2 | 1,055 | $811 | 41 |
| 1805 | $879,000 | 2 | 3 | 1,198 | $734 | 198 |
| 2006 | $880,000 | 2 | 2 | 1,067 | $825 | 379 |
| 4605 | $889,900 | 2 | 3 | 1,151 | $773 | 4 |
| 4105 | $890,000 | 2 | 3 | 1,151 | $773 | 30 |
| 4206 | $935,000 | 2 | 2 | 1,067 | $876 | 324 |
| 4406 | $945,000 | 2 | 2 | 1,067 | $886 | 0 |
| 4205 | $970,000 | 2 | 3 | 1,151 | $843 | 117 |
| 3005 | $985,000 | 2 | 3 | 1,151 | $856 | 335 |
| 1203 | $1,050,000 | 2 | 3 | 1,198 | $876 | 50 |
| 3901 | $1,895,000 | 4 | 4.5 | 1,872 | $1,012 | 14 |
| BH7 | $3,000,000 | 3 | 4 | 3,175 | $945 | 360 |
| BH4 | $3,350,000 | 3 | 4.5 | 3,336 | $1,004 | 157 |
| BH2 | $4,599,000 | 6 | 7 | 6,676 | $689 | 103 |
Under Contract
3 units currently under contract at Paraiso Bay Miami
Recent Sales
32 recorded sales in the last 24 months
Recently Rented
167 rentals completed in the last 24 months
- Completed rentals
- 167
- Median monthly rent
- $5,600/mo
Individual closed-sale details available on request.
Request detailsBuilding profile
Edgewater · Miami area
Available now
23 for sale · 7 for rent
For sale
23 active MLS listings, ordered by asking price.
Unit; Price; Beds; Baths; Sq ft; $/sq ft; Days on market
Active listings: 23
Median asking price / sq. ft.: $885/sq. ft.
Asking price range: $625,000–$4,599,000
Published HOA range: $901–$9,492/mo
23 active for sale listings are reflected in this snapshot. The current price position is $625,000–$4,599,000, with a median asking value of $885 per square foot. Published HOA figures are $901–$9,492/mo.
For rent
7 active MLS listings, ordered by asking price.
Active listings: 7
Median monthly rent / sq. ft.: $7 per sq ft per month
Monthly asking price range: $6,200/mo–$30,000/mo
Published HOA range: Not published in current listings
7 active for rent listings are reflected in this snapshot. The current price position is $6,200/mo–$30,000/mo, with a median asking value of $7 per sq ft per month. Monthly figures are not compared with purchase prices.
Residence details
Market snapshot
As of November 7, 2026, Paraiso Bay Miami has 23 condos for sale from $625,000 to $4,599,000, with a median asking price of $880,000. 7 condos for rent from $6,200 to $30,000/mo, with a median asking rent of $7,000/mo. Median reported HOA is $1,324/mo. In the last 12 months, 12 MLS sales closed at a median $780 per square foot and a median 88 days on market. How our data works
A current snapshot based only on active MLS listings matched to this building. Sale and rental figures are shown separately because their pricing is not comparable.
Updated November 7, 2026
Paraiso Bay Miami Condos for Sale & Rent
650 NE 32nd Street, miami, FL, 33137
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Use the Paraiso Bay Miami listing table to compare unit, condition, and current price.
Search current MLS listings for Paraiso Bay Miami · View building profile
Quick facts
DBPR condominium units: 368Source: Florida DBPR — Condominiums by County (project Units) · Checked November 2, 2026
Median closed $/sq ft (12 months): $780 (12 sales)
Pending
3 units are pending (under contract): 602, 2205, BH6.
Market data
Closed sales, 12 months: 12
Median closed $/sq ft: $780
Median days on market: 88 days
Median sale-to-list ratio: 95.6%
Active inventory and market data
Closed sales, 24 months: 32
Active for sale: 23
Pending / under contract: 3
Months of supply: 23 months
Median days on market — active for-sale listings: 50 days
Closed-sale medians — 24 months
Median closed $/sq ft, 24 months: $843/sq ft
Median closed price, 24 months: $877,500
Median closed-sale days on market, 24 months: 72 days
Median sale-to-list ratio, 24 months: 95.4%
Building gallery
Photo: Phillip Pessar / CC BY 2.0
Photo: Paraiso Bay Miami · Official building website
Building location
Building records
Flood zone: AESource: FEMA National Flood Hazard Layer — effective Flood Hazard Zones · Checked November 2, 2026
Hurricane evacuation zone: CSource: Miami-Dade County — Hurricane Evacuation Zone / Storm Surge Planning Zone · Checked November 2, 2026
Year built: 2018Source: Miami-Dade Property Appraiser — official current residential parcel · Checked November 2, 2026
Milestone / 40–50 year recertification: Not found in public records as of November 2, 2026Source: City of Miami GIS — 40 Year Recertification · Checked November 2, 2026
FHA project approval: Not yet checkedSource: HUD FHA condominium approval list · Not yet checked
VA project approval: Not found in public records as of November 2, 2026Source: U.S. Department of Veterans Affairs — LGY Hub Condominium Report · Checked November 2, 2026
DBPR association registration: Association: PARAISO BAY CONDO ASSN INC · Project PR75919 · Project status: Approved / RecordedSource: Florida DBPR — published condominium project registration · Checked November 2, 2026DBPR reports condominium-project units; these may differ from residential-only or physical-building totals.
Rental rules reported in listings: Lease term: LessThan1Year most frequently reported; reported values: LessThan1Year · TwelveMonths. Pets: Conditional,Yes most frequently reported; reported values: CatsOk,DogsOk,Yes · Conditional,CatsOk,DogsOk,Yes · Conditional,DogsOk,Yes · Conditional,No,Yes,PetRestrictions · Conditional,NumberLimit,Yes · Conditional,SizeLimit,Yes · Conditional,Yes · No · No,Yes · NumberLimit,Yes. As reported in 30 active listingsSource: Active Miami MLS listings · Checked November 7, 2026Sample: 30
Special assessments reported in listings: Not yet checkedSource: Active Miami MLS listings · Not yet checked
HOA per sq ft: $1.24 per sq ft per month · n=23Source: Active Miami MLS listings · Checked November 7, 2026Sample: 23
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Building Details
Building profile
About Paraiso Bay Miami
Paraiso Bay is a 53-story luxury condominium in Miami’s Edgewater neighborhood. Related Group’s project page attributes the building’s design to English architect Keith Hobbs and its landscape architecture to Swiss designer Enzo Enea. Those references are presented as access or community offerings rather than proof that either service is an in-building facility or available under identical terms to every resident.
Building data
Quick facts
Building details and live MLS activity are presented for easy comparison.
- DBPR condominium units
- 368Source: Florida DBPR — Condominiums by County (project Units) · Checked
- Median closed $/sq ft (12 months)
- $780 (12 sales)
Price per sq ft by year (MLS aggregate)
| Year | Median closed $/sq ft | Number of closed sales |
|---|---|---|
| 2021 | $621 | 44 |
| 2022 | $779 | 46 |
| 2023 | $787 | 23 |
| 2024 | $842 | 17 |
| 2025 | $867 | 16 |
| Trailing 12 months | $780 | 12 |
Source: Miami MLS closed sales, aggregated by CondoInvestMiami · Updated
Building details
Year built
2018
Current MLS snapshot
Current Miami-Dade MLS activity for this building.
Live price range
$625,000 – $4,599,000
Bedrooms listed
1–6
Size range
706–6,676 sq ft
Average list $/sq ft
$879
Sales by period
| Period | Closed sales | Median closed $/sq ft | Median closed price |
|---|---|---|---|
| 3 months | 1 | Not enough sales | Not enough sales |
| 6 months | 4 | Not enough sales | Not enough sales |
| 12 months | 12 | $780/sq ft | $870,000 |
| 24 months | 32 | $843/sq ft | $877,500 |
Median closed metrics require at least 10 matched closed sales and at least 10 eligible observations for each metric in the stated period.
Market data
- Closed sales, 12 months
- 12
- Median closed $/sq ft
- $780
- Median days on market
- 88 days
- Median sale-to-list ratio
- 95.6%
Source: MLS closed sales, 2025-11-08 to 2026-11-07 (inclusive). How our data works · Full Miami condo market data
Active inventory and market data
- Closed sales, 12 months
- 12
- Closed sales, 24 months
- 32
- Active for sale
- 23
- Pending / under contract
- 3
- Months of supply
- 23 months
- Median days on market — active for-sale listings
- 50 days
Active for sale × 12 ÷ closed sales (12 months): 23 × 12 ÷ 12. n=12 closed sales; no minimum sample threshold.
n=23 current active for-sale listings with valid nonnegative MLS days on market. Includes ComingSoon; excludes rentals, pending and closed sales. Small samples are shown.
Closed-sale medians — 24 months
- Median closed $/sq ft, 24 months
- $843/sq ft
- Median closed price, 24 months
- $877,500
- Median closed-sale days on market, 24 months
- 72 days
- Median sale-to-list ratio, 24 months
- 95.4%
n=32 eligible observations
n=32 eligible observations
n=32 eligible observations
n=32 eligible observations
24-month medians require at least 10 matched closed sales and 10 eligible observations per metric. Window: 2024-11-08 to 2026-11-07 (inclusive).
Source: current MLS inventory and aggregated closed sales for this building. How our data works
Unit lines from current listings
Current active and pending MLS listings only. Lines use the last 2 numeric unit digits, keeping tower letters separate. This is a listing sample, not a complete building floor plan.
| Line / tower | Beds | Living area (sq ft) | Observed floors | Listings | Floor methodology |
|---|---|---|---|---|---|
| 01 | 4 | 1,872–4,210 | 39 | 3 | Derived from unit number (2) |
| 02 | 1, 2, 3 | 945–2,108 | 6, 33, 44 | 4 | Derived from unit number (3) |
| 03 | 1, 2 | 1,198 | 12, 30 | 2 | Derived from unit number (2) |
| 04 | 2 | 1,193 | 35 | 1 | Derived from unit number (1) |
| 05 | 2 | 1,151–1,198 | 18, 22, 30, 41, 42, 46 | 6 | Derived from unit number (6) |
| 06 | 2 | 1,067 | 20, 24, 31, 42, 44 | 5 | Derived from unit number (5) |
| 07 | 1 | 898 | 37, 44 | 2 | Derived from unit number (2) |
| 08 | 1 | 706 | 9, 15, 21, 31, 43, 45 | 6 | Derived from unit number (6) |
Floors are reported by MLS where available. For numeric unit numbers without a reported floor, the prefix before the final two digits is used; those floors are marked as derived.
Beds and living areas are reported by MLS. No sold-unit details or prices are included.
Building highlights
Residence Details
Photo Gallery
3 photosPhoto credits
Location
Explore the neighborhood
650 NE 32nd Street, Edgewater, Miami, FL 33137
Building records
- Flood zone
- AESource: FEMA National Flood Hazard Layer — effective Flood Hazard Zones · Checked
- Hurricane evacuation zone
- CSource: Miami-Dade County — Hurricane Evacuation Zone / Storm Surge Planning Zone · Checked
- Year built
- 2018Source: Miami-Dade Property Appraiser — official current residential parcel · Checked
- DBPR condominium units
- 368Source: Florida DBPR — Condominiums by County (project Units) · Checked
Show all records
- Milestone / 40–50 year recertification
- Not found in public records as of November 2, 2026Source: City of Miami GIS — 40 Year Recertification · Checked
- FHA project approval
- Not yet checkedSource: HUD FHA condominium approval list · Not yet checked
- VA project approval
- Not found in public records as of November 2, 2026Source: U.S. Department of Veterans Affairs — LGY Hub Condominium Report · Checked
- DBPR association registration
- Association: PARAISO BAY CONDO ASSN INC · Project PR75919 · Project status: Approved / RecordedSource: Florida DBPR — published condominium project registration · Checked DBPR reports condominium-project units; these may differ from residential-only or physical-building totals.
- Rental rules reported in listings
- Lease term: LessThan1Year most frequently reported; reported values: LessThan1Year · TwelveMonths. Pets: Conditional,Yes most frequently reported; reported values: CatsOk,DogsOk,Yes · Conditional,CatsOk,DogsOk,Yes · Conditional,DogsOk,Yes · Conditional,No,Yes,PetRestrictions · Conditional,NumberLimit,Yes · Conditional,SizeLimit,Yes · Conditional,Yes · No · No,Yes · NumberLimit,Yes. As reported in 30 active listingsSource: Active Miami MLS listings · Checked Sample: 30
- Special assessments reported in listings
- Not yet checkedSource: Active Miami MLS listings · Not yet checked
- HOA per sq ft
- $1.24 per sq ft per month · n=23Source: Active Miami MLS listings · Checked Sample: 23
These records come from public sources and active MLS listings on the dates shown. They do not replace the association's budget, reserve study (SIRS), milestone inspection report, insurance and minutes, which a buyer should request before signing.
What does the 12-month MLS history show?
In the last 12 months, 12 MLS sales closed at a median $780 per square foot and a median 88 days on market.
Clear answers
Frequently Asked Questions
Paraiso Bay is at 650 NE 32nd Street, Miami, Florida 33137, in the Edgewater neighborhood.
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