Paraiso Bayviews #1503
+ photos soon
  • High floor
  • Unobstructed view
For saleEdgewaterFloor 15 · City

#1503 · Paraiso Bayviews

501 NE 31st St, Miami, FL 33137

$663,000

$780/sqft · Asking

1

Beds

1

Baths

850

SqFt

// overview

1BR on the 15th floor · City exposure

850 sqft inside Paraiso Bayviews, a 44-floor tower built in 2018. Part of the Related Group Paraiso master plan. Four towers with a private beach club on Biscayne Bay.

Bedrooms

1

Baths

1

SqFt

850

Floor

15

View

City

$/sqft

$780

DOM

55d

// numbers · investment analysis

Configure the deal

Editable assumptions. Defaults from this building's HOA, FL tax and insurance rates.

Cap rate

1.0%

NOI / price

Cash-on-cash

-18.4%

Annual / cash invested

$ / sqft

$780

Monthly cash flow

$-2,842

Negative

Loan amount$497,250
Down payment$165,750
Cash invested (incl. ~3% closing)$185,640

Monthly

P&I$3,392
Property tax$1,077
Insurance$145
HOA$757
Property mgmt$298
Vacancy reserve$149
Total monthly out$5,817
Expected rent$2,975
Monthly cash flow$-2,842

Reference estimates. Not a firm offer. DCH Team can coordinate pre-approval with local lenders.

// the building

Paraiso Bayviews

Paraiso Bayviews

Part of the Paraiso master plan. Direct Biscayne Bay views. 30+ night STR optimized for Design District corporate housing.

Units
388
Built
2018
Strategy
Hold · STR
Avg rent
$4,100 / mo
View full building report →
// location

501 NE 31st St, Miami, FL 33137

Edgewater · Miami

We already operate inside Paraiso Bayviews.

We know its rules, tenant profile and live comps. Talk to us before you buy — or list this unit with us if you own it.

Talk to DCH