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Paraiso Bayviews

501 Ne 31 St, Miami, FL, 33137
Market data compiled by Andres Jara, Licensed Real Estate Broker · Douglas Elliman · Data updated September 23, 2026
384
RESIDENCES
44
STORIES
2018
YEAR BUILT
$419K – $1.4M+
VALUE RANGE

Paraiso Bayviews is a 44-story, 384-residence condominium tower completed in 2018 at 501 NE 31st Street in Miami's Edgewater neighborhood, overlooking Biscayne Bay. The building was designed by acclaimed architecture firm Arquitectonica, with interiors and common spaces created by designer Karim Rashid. Residents have access to resort-style amenities including a 9th-floor sunset pool, a rooftop pool and lounge on the 44th floor, a state-of-the-art fitness center, spa, tennis and basketball courts, a movie theater/screening room, a club room, and a children's playroom. The building also offers access to the Paraiso District's private beach club and Amara at Paraiso, a waterfront restaurant by chef Michael Schwartz. Edgewater's Paraiso District is centrally located along the bay, just minutes from the Design District, Wynwood, and Midtown Miami.

Available Residences at Paraiso Bayviews

4 Bedroom Condos · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2808$1,395,0004 / 42,074$6730
Listing courtesy of Samuel Simpkin, Compass Florida, LLC, 915-240-4229.

3 Bedroom Condos · showing 5 of 6

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3906$849,9003 / 21,152$738364
Listing courtesy of Fernando Lima, Partnership Realty Inc., 561-355-0270.
1201$819,0003 / 21,110$73861
Listing courtesy of Dylan Filsaime, Sheen Real Estate Solutions, 954-494-9416.
2006$785,0003 / 21,152$68123
Listing courtesy of T Kimberly Rodstein, Douglas Elliman, 305-866-4566.
3306$759,9993 / 21,152$660136
Listing courtesy of Brendan Ehrhart, Coldwell Banker Realty, 305-361-5722.
601$680,0003 / 21,110$613100
Listing courtesy of Mauricio Rojas, Red Road Real Estate Florida, 7863127771.

2 Bedroom Condos · showing 5 of 12

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3110$825,0002 / 3 / 11,141$72382
Listing courtesy of Dalia Chavarria, DCH Real Estate, 786-656-0732.
3409$790,0002 / 2944$837159
Listing courtesy of Valka Rodriguez, Premier Global Brokers, LLC, 786-539-5473.
1910$777,0002 / 21,141$6810
Listing courtesy of Carol Fernandez, The Valenzuela Real Estate Group, 305-776-4866.
1209$680,0002 / 2944$72019
Listing courtesy of Camille Blanco, Joystar Realty Group, 5614724535.
1808$670,0002 / 21,084$618217
Listing courtesy of Thiago De Ataide, WRA Business & Real Estate, 407-512-1008.

1 Bedroom Condos · showing 5 of 11

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
3804$600,0001 / — / 1610$98475
Listing courtesy of Daniela Valenti Clemente, Coldwell Banker Realty, 954-384-0099.
PH4405$599,0001 / 2 / 1833$719172
Listing courtesy of Diego Guillen, DGS Real Estate, LLC, 646-371-4088.
4305$570,0001 / 2 / 1833$684142
Listing courtesy of Fabio Visconti, Rising Global Realty, LLC., 786-797-7037.
2705$540,0001 / 2 / 1618$874141
Listing courtesy of Orlando Jimenez, CasaMagna Realty LLC, 954-659-1709.
3607$505,0001 / 2 / 1746$677325
Listing courtesy of Giovanni Vasquez, Synergy Realty Advisors, 786-536-7287.
Neighborhood
Edgewater

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ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

37
Active Listings
▲ 12% vs last month
Avg List Price
$613K
Avg Days on Market
133

INVENTORY BY BEDROOM

  • 1 Bed (18) 49%
  • 2 Bed (12) 32%
  • 3 Bed (6) 16%
  • 4 Bed (1) 3%
Building vs. Market
47% premium to Miami
Commands a 47% premium to the Miami average ($678 vs $461/sqft) — a sign of stronger relative demand.

INVENTORY TREND (ALL UNITS)

52319Oct '25Feb '26Jun '26
18
New Listings
last 3 months
$678
Avg Sale $/SqFt
last 36 months
27.8
Months of Supply
16
Sold
last 12 months

Market & Community Report

As of September 23, 2026, Paraiso Bayviews carries 37 active listings at an average asking price of $613K, with an average time on market of 133 days. Closed sales over the preceding 36 months averaged $678 per sq ft, and 16 transactions closed in the past 12 months — implying 27.8 months of supply against the current pace of absorption.

Zip code 33137 (Miami) is home to 27,300 residents with a median age of 34.3. Per-capita income stands at $66,422; 50.9% hold a bachelor's degree or higher. 26.7% of units are owner-occupied; 26.6% of residents work from home.

Data current as of September 23, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — Paraiso Bayviews

How many condos are for sale at Paraiso Bayviews?

As of September 23, 2026, 37 residences are actively listed for sale at Paraiso Bayviews. Current asking prices range from $419K to $1.4M. Inventory updates daily from the MLS.

How much do condos at Paraiso Bayviews cost?

Condos at Paraiso Bayviews are currently asking from $419K to $1.4M. Over the past 36 months, closed sales have averaged $678 per square foot. Final pricing varies by floor, line, square footage, finishes, and view.

What is the average price per square foot at Paraiso Bayviews?

Based on MLS closed sales over the preceding 36 months, the average sale price at Paraiso Bayviews is $678 per square foot. Use this as a benchmark when comparing active listings in the building.

Where is Paraiso Bayviews located?

Paraiso Bayviews is located at 501 Ne 31 St, Miami, FL, 33137, in the Edgewater area.

What neighborhood is Paraiso Bayviews in?

Paraiso Bayviews is in Edgewater, Miami. You can compare every condo building, home inventory, and price trend across Edgewater on its neighborhood guide.

How many units are in Paraiso Bayviews?

Paraiso Bayviews has 384 residences across 44 stories.

What year was Paraiso Bayviews built?

Paraiso Bayviews was completed in 2018.

What floor plans are available at Paraiso Bayviews?

Paraiso Bayviews has 10 published floor plans, spanning 2- to 3-bedroom layouts. See the Floor Plans tab above for unit lines, dimensions, and layouts.

What amenities does Paraiso Bayviews offer?

Paraiso Bayviews amenities include 9th-floor sunset pool (approximately 75 feet long), Rooftop pool and lounge (44th floor) with panoramic views, State-of-the-art fitness center, Spa, Tennis court, Basketball court, Movie theater / screening room, Club room / party room.

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