# Paraiso Bayviews

As of 2026-10-31, Paraiso Bayviews in Edgewater has 36 units for sale at a median asking price of $585K ($686/sqft); 13 units sold in the last 12 months.

Paraiso Bayviews is a 46-floor, 382-residence waterfront condominium at 501 NE 31st St in Edgewater's Paraiso District, designed by Arquitectonica and developed by Related Group.

## Key facts

| | |
|---|---|
| Address | 501 NE 31st St |
| Neighborhood | Paraiso District, Edgewater |
| Year built | 2018 |
| Floors | 46 |
| Units | 382 |
| Waterfront | yes |
| Developer | Related Group |
| Architect | Arquitectonica |
| For sale | 36 |
| Pending | 5 |
| Median asking price | $584,500 |
| Median asking $/sqft | $686/sqft |
| Sold, last 12 months | 13 |
| Median sold $/sqft, 12 months | $668/sqft |
| Months of inventory | 33.2 |
| Median HOA | $1,091/mo |
| Parking | The building offers assigned parking, with some spaces located on the same level as the residences. |

## Own Miami measures

- **own.miami Building Score: 66 (B+)**
  - Value: 67 — $686/sqft — vs. Edgewater condos, then all of Miami
  - Momentum: 32 — -5.0% $/sqft over 6 months
  - Liquidity: 29 — 30.9 months of supply · 63 days on market
  - Health: 100 — Verified records on file — nothing adverse
  - Waterfront: 90 — Waterfront building
  - Age: 82 — Built 2018 — vs. Edgewater buildings
- **Own Miami Condo Index: 98** (market; 100 = the market-median building, 200 = twice its $/sqft; rank 359 of 698 tracked Miami condos)
- **Financeability Index: 81** (strong; 12-month window, 17 recorded mortgages, 56% of sales bank-financed, lowest down payment 10%, as of 2026-10-31)
- Special-assessment outlook: clear (next structural milestone inspection due 2043)

## Building health (verified public records)

- Public records checked 2026-10-29: no liens, lawsuits or regulatory complaints found
- positive: Bank financing — 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. (2026-10-31)
- Legal & regulatory: 1 material cases active, 0 disputes active, 0 DBPR complaints (36 months) (2026-09-17)

## Frequently asked questions

**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.

## Related pages

- [Edgewater — neighborhood guide](https://own.miami/edgewater)
- [All units for sale at Paraiso Bayviews](https://own.miami/buildings/paraiso-bayviews/for-sale)
- [Aria on the Bay](https://own.miami/buildings/aria-on-the-bay)
- [Quantum on the Bay](https://own.miami/buildings/quantum-on-the-bay)
- [Canvas](https://own.miami/buildings/canvas)
- [Icon Bay](https://own.miami/buildings/icon-bay)

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Source: Own.Miami — https://own.miami · data as of 2026-10-31
Canonical page: https://own.miami/buildings/paraiso-bayviews
License: CC BY 4.0 — https://creativecommons.org/licenses/by/4.0/
Methodology: https://own.miami/methodology · For AI assistants: https://own.miami/for-ai