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501 NE 31st St Unit 205, Miami, FL, 33137

$499,000

Home List Price

$5,926*

Closing Credit

1 Bedroom
1 Full Bath, 1 Partial
618 SqFt
$807/SqFt
Condo
Schools Nearby

Location

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501 NE 31st St Unit 205, Miami$499,000

Buyer Closing Credits

$5,926*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, One Space
Garage1 space
Year Built2018
HeatingCentral
CoolingCentral Air
ViewGarden, Other
MLS #A11549773
StatusActive

About 501 NE 31st St Unit 205

Absolutely stunning and brand new one-bedroom + den apartment in the gorgeous new building of Paraiso Bayviews. Unlike the other units in this building, this one does not have carpets, but rather beautiful white tile flooring throughout. The apartment has exceptionally high ceilings (11 feet), which makes it very bright and spacious. Closets are big and fully built-out. Lighting fixtures have been brilliantly placed in every room. The building offers the highest level of amenities and 2 pools, one of which is a phenomenal roof-top pool with the most spectacular views of Miami.

Property Details

Property Features

Property Information:

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

Listing Office:

  • Office Name: DGS Real Estate, LLC
  • Office Phone: (646) 371-4088
  • Listing Agent: Diego Guillen

Interior Features

Interior Information:

  • Appliances: Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Flooring Type: Ceramic Tile
  • Interior: Bedroom on Main Level, First Floor Entry, Walk-In Closet(s), Elevator

Bedroom and Bathroom Information:

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

Exterior Features

Exterior Information:

  • View: Garden, Other
  • Exterior: Security/High Impact Doors

Parking Information:

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

Virtual/3D Tour

  • Virtual Tour: 501 NE 31st St Unit 205

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Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Booker T. Washington Senior High School, Public Magnet Grades 9-12
  • Jose De Diego Middle School, Public District Grades 6-8
  • Eneida Massas Hartner Elementary School, Public District Grades PK-5

Price Information

Listing Price Info

Price Summary:

  • List Price: $499,000
  • Price Per SqFt: $807/SqFt

HOA Fees:

  • Amount: $810
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $5,459
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$540K

Med. Price/SqFt

$380

Avg. Days On Market

59

# of Sold Homes

883

501 NE 31st St Unit 205 vs Miami

44 DAYS ON ROCKET

-15 Days

$499,000

-$41K Less

$807/SqFt

+$427 More

KEY TAKEAWAY

This property is $41K less than the Median Sold Price and $427/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: #A11549773

Listing Office:

  • Office Name: DGS Real Estate, LLC
  • Office Phone: (646) 371-4088
  • Listing Agent: Diego Guillen

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: 4/27/2024, 12:25:15 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$5,459$256,320
2018$254$11,559
2017$244$13,520

History based on county public records data.

Payment Calculator

$3,368

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,563

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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.

Elementary School

school-card-donut-1228819
4
/10
  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.93 miles

  • Public District Grades PK-5

Middle School

school-card-donut-1228820
1
/10
  • Jose De Diego Middle School

  • 3100 NW 5th Ave

  • 1.01 miles

  • Public District Grades 6-8

High School

school-card-donut-1228821
3
/10
  • Booker T. Washington Senior High School

  • 1200 NW 6th Ave

  • 1.78 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,833. Residents of Miami, FL typically earn between $35k-100k each year. The majority of families are single, no kids. The most common level of education of people living in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 501 NE 31st St Unit 205

What is the listing price of this property?

The listing price of 501 NE 31st St Unit 205 property is $499,000.

What type of property is this?

The property 501 NE 31st St Unit 205 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 501 NE 31st St Unit 205 is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 501 NE 31st St Unit 205 are:
Eneida Massas Hartner Elementary School: GreatSchools Rating 4/10
Jose De Diego Middle School: GreatSchools Rating 1/10
Booker T. Washington Senior High School: GreatSchools Rating 3/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $5,459 (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 205 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 205 is 618 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 501 NE 31st St Unit 205 is 2018.

Rocket HomesFloridaMiami-Dade CountyMiami33137501 NE 31st St Unit 205

This home is located at 501 NE 31st St Unit 205 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 March 13, 2024 and is currently priced at $499,000.

Miami, FL housing market in March 2024 saw over 115 listings sold above listed price, more than 149 sold at listed price and over 619 sold below. Between February 2024 and March 2024, Miami, FL real estate market has seen increase in the number of listings by 9.1%. In March 2024 median list price was $540,091 and the average listing age was 59 days.

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

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