Own Edgewater · Paraiso District

Paraiso Bayviews

501 NE 31st St · Built 2018 · 46 floors · 382 residences

38 for sale
For sale
38
0 pending · 28.5 mo supply
Median asking
$599K
from $419K
Median $/sqft
$698/sqft
$669/sqft sold, 12 mo
Days on market
75
157 to sell · 16 in 12 mo

30 of 38 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.

Paraiso Bayviews
Listing photo · courtesy of WRA Business & Real Estate · MLS #A11961627

Paraiso Bayviews is a multi-story tower located in the Edgewater neighborhood of Miami. The building is situated in the Paraiso District, a walkable waterfront community featuring nearby dining, retail, and green spaces. The property offers expansive views of Biscayne Bay and the Miami skyline from various levels.

Designed by Arquitectonica with interiors by Karim Rashid, the building features a variety of resort-style amenities. These include multiple pool decks, a state-of-the-art fitness center, a spa with sauna and steam rooms, and a theater. Additional community features include tennis and paddle courts, a children's playroom, a business center, and a club room.

Live near more of Miami

What surrounds Paraiso Bayviews: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Margaret Pace ParkBiscayne BayThe UnderlineAdrienne Arsht CenterMetromover
59
/ 100
B
own.miami Score

A data-grounded score for Paraiso Bayviews from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value47
$697/sqft — vs. Miami condos
Momentum31
-5.0% $/sqft over 6 months
Liquidity29
27.8 months of supply · 78 days on market
Health90
No verified records yet — listing signals only
Waterfront90
Waterfront building
Age76
Built 2018
own.miami Condo Index
98100 = the median Miami condo, by price and liquidity.
Rank
#307 of 597 tracked Miami condos
Top 51% by price & liquidity
#13 of 33 in Edgewater
Momentum
↓ Cooling
$697/sqft median ask
Liquidity
Balanced
See the full Condo Index →

The stacks

10 lines · modeled from 52 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Paraiso Bayviews’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -08 line.

LineLayoutSizeView$/sqftSales
-013 bd · 2 ba1,110 sqftBayWaterfront$716/sqft6
-021 bd · 1.5 ba622 sqftBayWaterfront$723/sqft8
-031 bd · 1.5 ba662 sqftBayWaterfront$751/sqft5
-041 bd · 1.5 ba610 sqftBayWaterfront$791/sqft3
-051 bd · 1.5 ba618 sqftBay$731/sqft5
-063 bd · 2 ba1,152 sqftBayWaterfront$668/sqft3
-071 bd · 1.5 ba746 sqftBay$677/sqft4
-08Best value2 bd · 2 ba1,084 sqftSkyline$595/sqft5
-092 bd · 2 ba944 sqftSkyline$636/sqft6
-102 bd · 2 ba1,141 sqftBayWaterfront$605/sqft6

Modeled from Paraiso Bayviews’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Paraiso Bayviews’s own sales history.

Estimated value
$649,000
$616,000$681,000 · $599/sqft
High confidence · 5 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Paraiso Bayviews?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

501 NE 31st St #2504
New
$479,000$785/sqft
1 bd · 1.5 ba · 610 sqft
501 NE 31st St #2504
Listing courtesy of Compass Florida, LLC — Alex Miranda (Lic. #3203583) · MLS #A12081676
501 NE 31st St #2006
$785,000$681/sqft
3 bd · 2 ba · 1,152 sqft
501 NE 31st St #2006
Listing courtesy of Douglas Elliman — T Kimberly Rodstein (Lic. #0661142) · MLS #A12079814
501 NE 31st St #1209
$680,000$720/sqft
2 bd · 2 ba · 944 sqft
501 NE 31st St #1209
Listing courtesy of Joystar Realty Group — Camille Blanco (Lic. #3413031) · MLS #A12078487
501 NE 31st St #1910
New
$777,000$681/sqft
2 bd · 2 ba · 1,141 sqft
501 NE 31st St #1910
Listing courtesy of The Valenzuela Real Estate Group — Carol Fernandez (Lic. #3423337) · MLS #A12077923
501 NE 31st St #306
$649,000$563/sqft
3 bd · 2 ba · 1,152 sqft
501 NE 31st St #306
Listing courtesy of My Realty Group, LLC. — Carolina Vergara (Lic. #3424189) · MLS #A12076584
501 NE 31st St #708
$639,900$590/sqft
2 bd · 2 ba · 1,084 sqft
501 NE 31st St #708
Listing courtesy of Coldwell Banker Realty — Ines Garcia (Lic. #0699873) · MLS #A12073261
501 NE 31st St #2310
New
$630,000$552/sqft
2 bd · 2 ba · 1,141 sqft
501 NE 31st St #2310
Short-term leases OK
Listing courtesy of Brickell Realty Group International — Cecilia Doria (Lic. #3244105) · MLS #A12074098
501 NE 31st St #2109
New
$629,000$666/sqft
2 bd · 2 ba · 944 sqft
501 NE 31st St #2109
Short-term leases OK
Listing courtesy of Florida.Doc Inc — Brad Johnson (Lic. #3255636) · MLS #A12062757
501 NE 31st St #2904
$500,000$820/sqft
1 bd · 1.5 ba · 610 sqft
501 NE 31st St #2904
Listing courtesy of PMG Residential LLC — Irene Fajardo (Lic. #3229100) · MLS #A12038066
501 NE 31st Street #3804
$600,000$984/sqft
1 bd · 1.5 ba · 610 sqft
501 NE 31st Street #3804
Listing courtesy of Coldwell Banker Realty — Daniela Valenti Clemente (Lic. #3555543) · MLS #B26051112
501 NE 31st St #204
$450,000$738/sqft
1 bd · 1.5 ba · 610 sqft
501 NE 31st St #204
Listing courtesy of Coldwell Banker Realty — Ana Anauate Hirschbruch (Lic. #3282093) · MLS #A12044860
501 NE 31st St #802
$481,000$773/sqft
1 bd · 1.5 ba · 622 sqft
501 NE 31st St #802
Rental income in place
Listing courtesy of Avanti Way Realty LLC — Jose Oliveira Coronel (Lic. #3559550) · MLS #A12032495
See all 30

Sold $/sqft trend

3-month rolling median of closed sales in Paraiso Bayviews; bars are closings per month.

$559$720$882Oct 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
501 NE 31st St
Year built
2018
Floors
46
Residences
382
Developer
Related Group
Architect
Arquitectonica
Waterfront
Yes

Amenities

  • · Pool
  • · Fitness center
  • · Sauna
  • · Tennis courts
  • · Paddle courts
  • · Theater room
  • · Game room
  • · Kids' playroom
  • · Club room
  • · Business center
  • · Concierge
  • · Security
  • · Valet
  • · Bbq areas
  • · Beach club

Building rules

Parking
The building offers assigned parking, with some spaces located on the same level as the residences.

Special assessments & recertification outlook

Clear
  • Built 2018 — its first 25-year structural milestone inspection is due around 2043

Estimated from Paraiso Bayviews’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Paraiso Bayviews cost?+

There are 38 condos for sale at Paraiso Bayviews, from $419,000, with a median asking price of $599,000 ($698/sqft).

Is Paraiso Bayviews a good time to buy?+

Paraiso Bayviews currently has about 28.5 months of supply — a buyer-friendly pace with more negotiating room.

How much are the HOA fees at Paraiso Bayviews?+

HOA / maintenance fees at Paraiso Bayviews run around $1,221 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association.

Is Paraiso Bayviews a waterfront building?+

Yes — Paraiso Bayviews is a waterfront building (Edgewater).

When was Paraiso Bayviews built?+

Paraiso Bayviews was built in 2018, 46 stories, 382 residences.

Who developed Paraiso Bayviews?+

Paraiso Bayviews was developed by Related Group and designed by Arquitectonica.

Stay ahead
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