Embrace waterfront luxury at Paraiso Bayviews, situated at 501 NE 31st St, Miami, FL 33137. Developed by Related Group and completed in 2018, this contemporary condominium offers one to three-bedroom apartments with modern designs and stunning views of Biscayne Bay. Residents can enjoy resort-style amenities, including a pool, fitness center, and rooftop lounge. Located in the sought-after Edgewater neighborhood, Paraiso Bayviews offers proximity to fine dining, trendy boutiques, and artistic destinations. Discover a new level of coastal living and contemporary elegance at Paraiso Bayviews.
Owners may rent their units a maximum of twelve (12) times per year. No lease can be less than thirty (30) days.
Pets
Yes
HOA & financial
Application fee
Not on file
Approval timeframe
Not on file
Special assessment
Not on file
Reserves
Not on file
HOA fee includesBasic cable and internet, water, sewer and trash removal.
Avg HOA / month (MLS)$1,294
Lender & purchase requirements
—
primary residence
—
second home
—
investment
Review typeNot on file
Right of first refusalStatus unknown — contact HOA to confirm if they hold purchasing rights
Down payment notesNot on file
Actual down payment requirements vary by lender and loan program. Confirm current terms with your lender before making an offer.
Florida condo reform & structural compliance
Verify compliance with HOA before closing.
✓
SIRS required (3+ stories)
Building meets the state's 3-story threshold for a Structural Integrity Reserve Study
YES
✓
SIRS study completed
Study marked complete in Allioo records
YES
✓
SIRS reported to state
Reported to the state
YES
Phase 1 milestone inspection
Not confirmed in public records
VERIFY WITH HOA
✓
40-year recertification
Date on file: Date not confirmed — verify with association or local municipality
ON FILE
Florida law note: SB 4-D requires condo associations with buildings 3+ stories to complete a SIRS and fund reserves accordingly. Contact the association for full reserve disclosure before closing.