Paraiso District
Four bayfront towers in Edgewater, all by Related Group.
One bayfront block of Edgewater where Related Group built four Arquitectonica towers around a shared park and beach club between 2015 and 2018.
85 of 92 are priced $450K+ and browsable on own.miami; the stats above cover every condo for sale.
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The 4 buildings of Paraiso District
About Paraiso District
The Paraiso District is one bayfront block of Edgewater, between 30th and 31st Streets on Biscayne Bay, where Related Group built four towers in a single master plan between 2015 and 2018: Gran Paraiso, One Paraiso, Paraiso Bay and Paraiso Bayviews, all designed by Arquitectonica. Together they hold well over a thousand residences, a bayfront park and a beach club with a restaurant that the four buildings share.
Each tower has its own character: Gran Paraiso and One Paraiso are the larger-unit, higher-priced pair on the water; Paraiso Bay and Paraiso Bayviews offer smaller floor plans and the district's entry prices. All four share the same block of amenities — tennis, pools, spas, a bowling alley and a theater — which is why buyers compare them side by side.
The block sits between Margaret Pace Park to the south and the Edgewater towers of the 30s streets to the north, with the Design District a ten-minute walk and the Venetian Causeway to Miami Beach at the foot of the neighborhood.
Where it sits
Is Paraiso District a buyer's or a seller's market?
Five standard market signals in one reading: 0 is a strong buyer's market, 100 a strong seller's.
Room to negotiate. Offers below asking are normal, and most listings will still be there next week.
Price to the sold comps, not to other asking prices, and be ready to negotiate.
Miami overall: 25 · Buyer's market — In line with Miami overall
What's behind the reading
- Months of supply16.2 monthsFavors buyers92 listings · 68 sales in 12 months · weight 35%
How long today's listings would take to sell at the past year's sales pace. In Miami condos, under 6 months favors sellers and over 9 favors buyers.
- Sale-to-list price93.7%Favors buyers38 sales · weight 25%
Median sale price as a share of the original asking price, sales in the last 6 months. Above 97% favors sellers; below 95% means buyers are negotiating.
- Days on market113 daysFavors buyers38 sales · weight 15%
Median days from listing to sale for homes sold in the last 6 months. Faster sales favor sellers.
- Listings with a price cut34%Neutral92 listings · weight 15%
Share of homes for sale now asking less than their original price. More cuts mean sellers are chasing buyers.
- Sales momentum+8% vs last yearNeutral27 sales · weight 10% · sale-to-list −0.5 pts
Closings in the last 90 days against the same 90 days a year earlier, plus the change in sale-to-list. Rising sales tilt the market toward sellers.
Resale condos from the MLS (pre-construction towers excluded), all prices. As of Oct 31, 2026 · How the index works
Based in part on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS® for the period July 19, 2025 through October 31, 2026.
1 new this week in Paraiso District
Price drops in Paraiso District
-14%
-13%
-12%
-10%
-10%
-9%Recent sales
| Unit | Beds / baths / sf | Sold | $/sf | Date |
|---|---|---|---|---|
| 3131 NE 7th Ave #4404 One Paraiso | 3 / 3.5 / 1,526 | $1,500,000 | Sep 30, 2026 | |
| 650 NE 32nd St #802 Paraiso Bay | 2 / 3 / 1,175 | $740,000 | Oct 23, 2026 | |
| 3131 NE 7th Avenue #2206 One Paraiso | 3 / 3.5 / 1,634 | $1,800,000 | Oct 27, 2026 | |
| 650 NE 32nd St #4104 Paraiso Bay | 2 / 3 / 1,193 | $879,000 | Oct 2, 2026 | |
| 650 NE 32nd St #1507 Paraiso Bay | 1 / 2 / 898 | $700,000 | Oct 16, 2026 | |
| 3131 NE 7th Ave #304 One Paraiso | 3 / 3.5 / 1,526 | $1,025,000 | Jul 24, 2026 | |
| 480 NE 31st St #1602 Gran Paraiso | 1 / 2.5 / 940 | $695,000 | Oct 21, 2026 | |
| 480 NE 31st St #2407 Gran Paraiso | 3 / 3 / 1,649 | $1,250,000 | Jun 1, 2026 |
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