Paraiso Bayviews Miami Condos for Sale & Rent | 501 NE 31st Street, Edgewater, Miami, FL 33137 | CondoInvestMiami
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Paraiso Bayviews exterior at 501 NE 31st Street1 / 5
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Paraiso Bayviews Miami Condos for Sale & Rent

501 NE 31st Street, Edgewater, Miami, FL 33137

Paraiso Bayviews is a 43-story Arquitectonica-designed condominium tower at 501 NE 31st Street in Miami’s Edgewater directory area of Miami.

Ask about this building
Price
From $425,000
Bedrooms
1–3
Listed now
36 listed
Year Built
2018
Last updated Nov 8, 2026, 7:22 PM EST

For Sale Units

36 for-sale listings at Paraiso Bayviews

804$425,00011.5610$6971
903$429,00011.5622$69032
204$435,00011.5610$71398
1202$435,00011622$6990
1502$445,00011.5622$71569
302$449,00011.5622$722167
707$475,00011.5746$6376
2504$479,00011.5610$7851
915$480,00012——157
3407$480,00011.5746$6430
3004$489,00011.5610$802733
602$489,00011.5622$7865
3607$505,00011.5746$677310
4002$519,00011.5622$8340
2705$540,00011.5618$874141
2009$555,00022944$588601
4305$570,00011.5833$6842
910$599,000221,141$5250
PH4405$599,00011.5833$719318
3009$599,00022944$635228
3804$600,00011.5610$984102
708$620,000221,084$57262
3609$625,00022944$6620
1209$630,00022944$66768
608$647,900221,084$598116
601$649,900321,110$585154
1808$670,000221,084$618217
1906$749,000321,152$65011
706$750,000321,152$6510
1910$762,000221,141$66864
2006$785,000321,152$68165
2506$796,000321,152$6917
1201$819,000321,110$73839
3901$849,000321,110$7650
3906$849,900321,152$738364
3302$1,269,00033.51,301$9751

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How showings work

Building Details

MLS Units Seen208
Year Built2018

Building profile

About Paraiso Bayviews

The supplied directory neighborhood is Edgewater.

Building data

Quick facts

Building details and live MLS activity are presented for easy comparison.

DBPR condominium units
388Source: Florida DBPR — Condominiums by County (project Units) · Checked
Median closed $/sq ft (12 months)
$667 (12 sales)

Price per sq ft by year (MLS aggregate)

YearMedian closed $/sq ftNumber of closed sales
2021$52431
2022$65443
2023$67135
2024$68717
2025$67019
Trailing 12 months$66712

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

$425,000 – $1,269,000

Bedrooms listed

1–3

Size range

610–2,522 sq ft

Average list $/sq ft

$705

Sales by period

PeriodClosed salesMedian closed $/sq ftMedian closed price
3 months2Not enough salesNot enough sales
6 months5Not enough salesNot enough sales
12 months12$667/sq ft$464,000
24 months29$665/sq ft$580,000

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
$667
Median days on market
157 days
Median sale-to-list ratio
96.2%

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
29
Active for sale
36
Pending / under contract
6
Months of supply
36 months

Active for sale × 12 ÷ closed sales (12 months): 36 × 12 ÷ 12. n=12 closed sales; no minimum sample threshold.

Median days on market — active for-sale listings
63 days

n=36 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
$665/sq ft

n=29 eligible observations

Median closed price, 24 months
$580,000

n=29 eligible observations

Median closed-sale days on market, 24 months
151 days

n=29 eligible observations

Median sale-to-list ratio, 24 months
96.8%

n=29 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.

Unit-line aggregates from 62 available eligible listings; 0 ambiguous or unparseable unit identifiers excluded.
Line / towerBedsLiving area (sq ft)Observed floorsListingsFloor methodology
0131,1106, 12, 16, 35, 396Derived from unit number (6)
021, 3622–1,3013, 6, 12, 15, 33, 407Derived from unit number (7)
031622–6629, 152Derived from unit number (2)
0416102, 8, 25, 29, 30, 32, 387Derived from unit number (7)
051618–8334, 27, 434Derived from unit number (3)
0631,1523, 7, 19, 20, 25, 33, 39, 409Derived from unit number (9)
0717467, 9, 16, 24, 33, 34, 36, 399Derived from unit number (9)
082, 3, 41,084–2,0746, 7, 18, 28, 315Derived from unit number (5)
09294412, 15, 20, 30, 34, 36, 378Derived from unit number (8)
102, 31,141–1,3244, 9, 19, 234Derived from unit number (4)
151Not reported91Derived from unit number (1)

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

✓Arquitectonica’s official project page names Paraiso Bayviews as one of four towers in the Paraiso Bay Development.

Photo Gallery

5 photos

Photo credits

Photo: Paraiso Bayviews developer project source · Official building website · Owner-provided official-source building galleryPhoto: Paraiso Bayviews developer project source · Official building website · Owner-provided official-source building galleryPhoto: Paraiso Bayviews developer project source · Official building website · Owner-provided official-source building galleryPhoto: Paraiso Bayviews developer project source · Official building website · Owner-provided official-source building galleryPhoto: Paraiso Bayviews developer project source · Official building website · Owner-provided official-source building gallery

Location

Explore the neighborhood

501 NE 31st Street, Edgewater, Miami, FL 33137

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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
388Source: Florida DBPR — Condominiums by County (project Units) · Checked
Show all records
FEMA zone at the building’s documented map point, not the entire parcel or building footprint.
County planning zone at the documented building point; this is not an evacuation order.
Year reported for a current residential parcel; recorded years can differ between units.
DBPR reports condominium-project units; these may differ from residential-only or physical-building totals.
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
Not yet checkedSource: Florida DBPR condominium association registration · Not yet checkedDBPR project status does not confirm current association registration compliance.
Rental rules reported in listings
Lease term: TwelveMonths most frequently reported; reported values: LessThan1Year · TwelveMonths. Pets: Conditional,Yes most frequently reported; reported values: CatsOk,DogsOk,No,PetFee,Yes,PetRestrictions · CatsOk,DogsOk,No,Yes · CatsOk,DogsOk,PetFee,Yes · CatsOk,DogsOk,Yes · Conditional,CatsOk,DogsOk,Yes · Conditional,PetFee,Yes · Conditional,Yes · DogsOk,Yes · No · No,SizeLimit · No,Yes · NumberLimit,Yes · SizeLimit,Yes. As reported in 56 active listingsSource: Active Miami MLS listings · Checked Sample: 56
Special assessments reported in listings
Not yet checkedSource: Active Miami MLS listings · Not yet checked
HOA per sq ft
$1.30 per sq ft per month · n=34Source: Active Miami MLS listings · Checked Sample: 34

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 $667 per square foot and a median 157 days on market.

Clear answers

Frequently Asked Questions

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