501 NE 31st St CU-1 Miami, FL $ 4,250,000
501 NE 31st St CU-1
$ 4,250,000
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501 NE 31st St CU-1

Miami, FL, 33137
$ 4,250,000
Baths0.0 Sq 6,500

Monthly Estimate*

$ 29,688

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View a Virtual Tour
Studio

Commercial Property for sale in Miami, FL

for $4,250,000. This 6,500 square foot building was built in 2018 on a lot size of 0.149219.

Introducing a one-of-a-kind retail opportunity at Paraiso Bayviews Condominiums, featuring 6,500 Sq/ft of two floors, 1st floor 3,000 sq/ft and 3,500 Sq/ft floor with private lobby/elevator. Located in the vibrant heart of Edgewater. Situated within the highly sought-after Paraiso District, this commercial condo space presents an exceptional investment prospect. The Paraiso District boasts four brand-new luxury buildings, offering a mix of residential and commercial spaces. Notably, all residential units within the district have been sold, ensuring a constant flow of potential customers right at your doorstep. Currently undergoing renovations. This project offers the option to be sold as the ongoing development or as-is, providing flexibility for potential buyers.

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Commercial Active

Price

$ 4,250,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 33,150

Style

Retail

Lot Size

0.149219

Year Built

2018

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11491762

Features
General
Year Built 2018
Unit Number CU-1
Property SubType Retail
County Miami-Dade County
New Construction N
Property Type CommercialSale
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Status Active
City Miami
Buyer Agent Compensation 3%
Disclosures OwnerIsListingAgent
View Y/N N
Senior Community Y/N N
Zoning Description 4604
MLS Area 32
Lot Size Square Feet 6500.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 31st St
Property Attached Y/N N
Land Lease Y/N N
Tax Annual Amount 33150.0
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11491762
Days on Market 116
Structure Type Retail
Standard Status Active
Occupancy Description Vacant
Legal Description PARAISO BAYVIEWS CONDO UNIT CU-1 UNDIV 0.916330% INT IN COMMON ELEMENTS OFF REC 29392-4114
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Exterior
Lot Size Area 6500.0
Spa N
Building Area Total 6500.0
Lot Size Units SquareFeet
Covered Spaces 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Electric On Property Y/N N
Total Baths 0
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Internal Only
Street Number 1 501
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* Excluded Features
List By
London Foster Realty

Broker

clemenshernandez@outlook.com

Email

Affordability Calculator

$32,450
Per Month
91%
9%
0%
Monthly Principal & Interest
$29,688
Monthly Property Taxes
$2,763
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
292769 Elementary School
292996 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/27/2023$4,250,000 Listed Price

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501 NE 31st St CU-1, Miami, FL, 33137 is a Commercial Property for sale at $4,250,000 with 6,500 sqft and a lot size of 0.149219. 501 NE 31st St CU-1 is a studio with 0.0 baths and was built in 2018. The property's zip code is 33137 which is in Miami, FL