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Art Week Score 47 · #34 in Edgewater
#34 in Edgewater · #215 in Miami
Nearest: Naudline Pierre, 0.7 mi away
Own Edgewater · Paraiso District
Paraiso Bayviews
501 NE 31st St · Built 2018 · 46 floors · 382 residences
For sale
36
5 pending · 33.2 mo supply
Median asking
$585K
from $419K
Median $/sqft
$686/sqft
$668/sqft sold, 12 mo
Days on market
63
162 to sell · 13 in 12 mo
29 of 36 are priced $450K+ and browsable on own.miami; the stats above cover every unit for sale.
Paraiso Bayviews is a waterfront tower in the Paraiso District of Edgewater, completed in 2018. It rises 46 floors and holds 382 residences, developed by Related Group and designed by Arquitectonica.
The site sits in FEMA flood zone AE, part of the Special Flood Hazard Area, where lenders require flood insurance for federally backed or federally regulated mortgages. It is in Miami-Dade hurricane evacuation zone C, and the lowest street next to the building is 1.7 ft above the highest tide predicted for 2026 at Virginia Key.
The Car-Free Index is 13, and the nearest rail station, Adrienne Arsht Center Metromover Station, is 1950 m away in a straight line. The nearest Publix is 1490 m away. Nearby construction is active, with 14 tower sites within 1 km, 8 of them within 500 m.
On the 2025 tax roll, 9% of units carry a homestead exemption and 55% are owned by a company or trust. The Miami-Dade Clerk recorded 18 resale deeds in the 12 months to October 21, 2026. Financeability is rated strong at 80 of 100, and a public records check run October 22, 2026 found no liens, lawsuits or regulatory complaints at watch level or higher.
Live near more of Miami
What surrounds Paraiso Bayviews: seasonal events, annual programs and lifestyle indexes, measured from the building.
Publix IndexLive now
44 / 100
Nearest Publix: Publix at Baypoint, 0.9 mi
#39 in Edgewater · #546 in Miami
Bike-basket-of-groceries distance.
2 Publix stores nearby
Car-Free IndexLive now
13 / 100
Nearest rail station: Adrienne Arsht Center Metromover Station, 1.2 mi
#38 in Edgewater · #256 in Miami
Keep the car, use the train for the big days.
1 rail stations nearby
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
66
/ 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.
Value67
$686/sqft — vs. Edgewater condos, then all of Miami
Momentum32
-5.0% $/sqft over 6 months
Liquidity29
30.9 months of supply · 63 days on market
Health100
Verified records on file — nothing adverse
Waterfront90
Waterfront building
Age82
Built 2018 — vs. Edgewater buildings
own.miami Condo Index
98At market100 = the median Miami condo building's price per sq ft; 200 = twice it.
Rank
#359 of 698 tracked Miami condos
Top 51% by price per sq ft
#12 of 36 in Edgewater
Momentum
↓ Cooling
$686/sqft median ask
Liquidity
Balanced
The stacks
10 lines · modeled from 91 salesCondos 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.
| Line | Layout | Size | View | $/sqft | Per floor | Low→high floor | Sales |
|---|---|---|---|---|---|---|---|
| -01 | 3 bd · 2 ba | 1,110 sqft | BayWaterfront | $707/sqft | +$1 | $668/sqft → $710/sqft | 10 |
| -02 | 1 bd · 1.5 ba | 622 sqft | BayWaterfront | $756/sqft | +$2 | $716/sqft → $806/sqft | 10 |
| -03 | 1 bd · 1.5 ba | 662 sqft | BayWaterfront | $715/sqft | +$3 | $666/sqft → $780/sqft | 8 |
| -04 | 1 bd · 1.5 ba | 610 sqft | BayWaterfront | $795/sqft | +$4 | $714/sqft → $842/sqft | 9 |
| -05 | 1 bd · 1.5 ba | 618 sqft | Bay | $731/sqft | +$8 | $649/sqft → $847/sqft | 5 |
| -06 | 3 bd · 2 ba | 1,152 sqft | BayWaterfront | $662/sqft | +$3 | $605/sqft → $724/sqft | 11 |
| -07 | 1 bd · 1.5 ba | 746 sqft | Bay | $643/sqft | +$2 | $618/sqft → $669/sqft | 8 |
| -08Best value | 2 bd · 2 ba | 1,084 sqft | Skyline | $596/sqft | +$2 | $576/sqft → $624/sqft | 8 |
| -09 | 2 bd · 2 ba | 944 sqft | SkylineWaterfront | $637/sqft | +$3 | $617/sqft → $694/sqft | 11 |
| -10 | 2 bd · 2 ba | 1,141 sqft | BayWaterfront | $627/sqft | +$4 | $561/sqft → $675/sqft | 10 |
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
$655,000
$622,000–$687,000 · $604/sqft
High confidence · 8 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
$489,000$786/sqft
1 bd · 1.5 ba · 622 sqft
501 NE 31st St #602
Listing courtesy of Premier Associates Realty LLC, Rossana Meireles (Lic. #3138099) · MLS #A12114240
$519,000$834/sqft
1 bd · 1.5 ba · 622 sqft
501 NE 31st St #4002
Tenant occupied
Listing courtesy of Alure Capital, Adam Redolfi (Lic. #3585733) · MLS #A12110887
$485,000$650/sqft
1 bd · 1.5 ba · 746 sqft
501 NE 31st St #3907
Listing courtesy of Rev Realty Group, LLC., Joel Arguello (Lic. #3536840) · MLS #A12107333
$475,000$637/sqft
1 bd · 1.5 ba · 746 sqft
501 NE 31st St #707
Listing courtesy of Cervera Real Estate Inc, Juliana Tobon (Lic. #3148098) · MLS #A12109964
$749,000$650/sqft
3 bd · 2 ba · 1,152 sqft
501 NE 31st St #1906
Listing courtesy of Douglas Elliman, Ty Forkner (Lic. #3087726) · MLS #A12107454
$1,269,000$975/sqft
3 bd · 3.5 ba · 1,301 sqft
501 NE 31st St #3302
Listing courtesy of Piquet Realty, Gabriel Miranda (Lic. #3256732) · MLS #A12105154
$625,000$662/sqft
2 bd · 2 ba · 944 sqft
501 NE 31st St #3609
Short-term leases OK
Listing courtesy of Brickell Brokers LLC, Lucia Groppa (Lic. #3388660) · MLS #A12104038
New$796,000$691/sqft
3 bd · 2 ba · 1,152 sqft
501 NE 31ST Street #2506
Listing courtesy of United Realty Group, Inc, Kenedy Goncalves De Melo (Lic. #3260871) · MLS #B26085354
$480,000$643/sqft
1 bd · 1.5 ba · 746 sqft
501 NE 31st St #3407
Listing courtesy of Douglas Elliman, Melissa Berry (Lic. #3346563) · MLS #A12084748
$1,395,000$673/sqft
4 bd · 4 ba · 2,074 sqft
501 NE 31st St #2808
Listing courtesy of Compass Florida, LLC, Samuel Simpkin (Lic. #3032459) · MLS #A12090470
$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
$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
Sold $/sqft trend
3-month rolling median of closed sales in Paraiso Bayviews; bars are closings per month.
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
Developed by
Related Group63
B+ · Developer Score
- Ranks #17 of 49 scored Related Group buildings
- Asking $686/sqft here vs $865/sqft across the developer's portfolio
- 53% of the developer's portfolio has no adverse verified record
- All 52 buildings by this developer
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
ClearPublic records checked Oct 29, 2026: no liens, lawsuits or regulatory complaints found for the association.
Verified records
- PositiveBank financingOct 31, 2026
Regulated lenders recorded 16 purchase or refinance loans on this building in the last 12 months, financing 56% of its recorded sales, and accepted a down payment as low as 10%. A bank writing a condominium loan has just checked the building's reserves, insurance, litigation and owner-occupancy against its own standards — verified due diligence, read from the public record. Financeability Index 81/100.
Source: Miami-Dade Clerk official records
- 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.
Financeability
What the banks say about Paraiso Bayviews: recorded purchase mortgages, the down payments they accepted, and the programmes in use.
Regulated lenders are writing purchase loans here at ordinary down payments — their due diligence on reserves, insurance and litigation, verified by the public record.
- Mortgages recorded, 12 months
- 17
- 16 from banks and credit unions · purchases and refinances
- Sales bank-financed
- 56%
- 18 recorded sales, 12 months · Resales only
- Average down payment
- 30.7%
- Lowest down payment accepted
- 10%
Loan programmes, 24 months:Conventional 16Private lenders 1
High confidence · As of 2026-10-31
Source: Miami-Dade County official records and the FHA/VA approval lists. Aggregates only; individual instruments are never shown. Compare with Edgewater
Flooding and storm surge
Public flood data at this building’s location, read Oct 22, 2026.
- FEMA flood zone
- Zone AE: high-risk area. FEMA maps a 1% yearly chance of flooding here.
- Base flood elevation on the map: 9.0 ft (NGVD29).
- Hurricane evacuation zone
- Zone C
- Miami-Dade storm surge planning zones run from A (called first) to E. The county decides which zones evacuate in a storm.
- Ground at the building
- 8.8 ft
- Lowest nearby street
- 2.7 ft
- Highest predicted tide, 2026
- 1.0 ft
Elevations in feet above the NAVD88 datum.
The lowest street next to this building sits 1.7 ft above this year’s highest predicted tide (Oct 27, 2026).
Estimated from public data, not a flood determination. Check the FEMA flood map and an elevation certificate for this building.
Legal & Regulatory
Material litigation identifiedCivil court cases involving the condominium association, classified by what they are about. Routine collections against individual owners are counted separately and do not affect the building’s standing.
- Active material lawsuits
- 1
- Owner / association disputes
- 0
- Routine collection cases
- 0
- DBPR complaints
- 0
- Open DBPR complaints
- 0
- Personal injury / common-element claimActiveassociation as defendant · Filed Jan 2024
Individuals filed a negligent security lawsuit against the condominium association, its management company and its security contractor. The case was filed in January 2024 and remains open.
Source: Miami-Dade Clerk civil docket, summarized by own.miami
DBPR registration PR76115 · Approved,Recorded. Public complaints on record with the Florida Division of Condominiums; investigations are confidential and not counted.
Court records are matched to the association by name and summarized by us; a case is a claim, not a finding. Ask the association for its litigation disclosure before buying.
Frequently asked
How much do condos at Paraiso Bayviews cost?+
There are 36 condos for sale at Paraiso Bayviews, from $419,000, with a median asking price of $584,500 ($686/sqft).
How much are the HOA fees at Paraiso Bayviews?+
HOA / maintenance fees at Paraiso Bayviews run around $1,091 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. Related Group's own.miami Developer Score is B+ across 52 buildings.
Stay ahead
Interested in Paraiso Bayviews?
We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.
If you like Paraiso Bayviews, compare
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