This modern 1 bedroom, 1.5 Bathroom + DEN/ Office apartment is located in the trendiest neighborhood in Miami! Edgewater is just minutes away from Design District one of the most luxurious shopping and lifestyle destinations. Unit has brand new floors throughout. In addition to having exclusive amenities, its located in Paraiso district with restaurants, cafes and bay front neighborhood park. Unit features spectacular Bay & Miami Skyline views. Tenant occupied, only serious buyers please.
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$4,153
Per Month
Principal & Interest
$3,245
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$841
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$2,015
Powered By
Advertisement
NMLS#3030
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
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.93 miles
Public District Grades PK-5
Middle School
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.01 miles
Public District Grades 6-8
High School
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.78 miles
Public Magnet Grades 9-12
Assigned Schools
4
/10
Eneida Massas Hartner Elementary School
401 NW 29th St
Distance between this listing and this school0.93 miles
Public District Grades PK-5
Nearby Schools
4
/10
Bridgeprep Academy of Greater Miami
137 NE 19th St
Distance between this listing and this school0.86 miles
Public Charter Grades KG-5
4
/10
Phyllis Wheatley Elementary School
1801 NW 1st Pl
Distance between this listing and this school1.14 miles
Public District Grades PK-5
Assigned Schools
1
/10
Jose De Diego Middle School
3100 NW 5th Ave
Distance between this listing and this school1.01 miles
Public District Grades 6-8
Nearby Schools
3
/10
Aspira Eugenio Maria De Hostos Youth Leadership Charter School
1 NE 19th St
Distance between this listing and this school0.93 miles
Public Charter Grades 6-8
7
/10
Mater Academy Middle School of International Studies
795 NW 32nd St
Distance between this listing and this school1.37 miles
Public Charter Grades 6-8
Assigned Schools
3
/10
Booker T. Washington Senior High School
1200 NW 6th Ave
Distance between this listing and this school1.78 miles
Public Magnet Grades 9-12
Nearby Schools
7
/10
Miami Arts Charter
3900 Biscayne Blvd
Distance between this listing and this school0.49 miles
Public Charter Grades 6-12
10
/10
Design & Architecture Senior High School
4001 NE 2nd Ave
Distance between this listing and this school0.53 miles
The neighbors living near this home have an average income of $89,833. Most Miami, FL residents have annual incomes between $35k-100k. The most common type of family is 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 3107
What is the listing price of this property?
The listing price of 501 NE 31st St Unit 3107 property is $650,000.
What type of property is this?
The property 501 NE 31st St Unit 3107 is a condo located in Miami, Florida, 33137.
Is this property for sale now?
Active Listing: 501 NE 31st St Unit 3107 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 3107 are: Eneida Massas Hartner Elementary School: GreatSchools Rating 4/10Jose De Diego Middle School: GreatSchools Rating 1/10Booker 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 $5,703 (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 3107 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 3107 is 746 SqFt (source: MLS/tax record).
Which year was this property built?
The year of construction for 501 NE 31st St Unit 3107 is 2018.
This home is located at 501 NE 31st St Unit 3107 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 27, 2023 and is currently priced at $650,000.
Over 120 listings were sold over their listed price in April 2024 in Miami, FL. In the same period over 608 listings were sold below the listed price and 157 listings were sold for the listed price. The number of listings in Miami, FL increased by 7.2% between March 2024 and April 2024. In April 2024, listings were on the market for 56 days. During the same period, the median list price in this real estate market was $546,178.
From Rocket Homes Real Estate and based on county public records data.