Paraiso Bayviews Condos For Sale & Rent

Paraiso Bayviews Residences Condo Overview

Paraiso Bayviews Residences is an Edgewater condo building at 501 31st Street in Edgewater, Miami. Built in 2018, the property has 46 stories and 386 residences. Buyers usually compare bay views, newer high-rise amenities, parking, rental rules, and access to Downtown Miami, Wynwood, Midtown, and the Design District.

Paraiso Bayviews Residences Condos for Sale

Paraiso Bayviews Residences condos for sale should be compared by bay or skyline exposure, floor height, line, balcony position, interior condition, parking, and monthly fees. Buyers should review recent comparable sales, view quality, interior condition, parking, monthly fees, building rules, reserves, and insurance considerations before deciding how a listing is positioned.

Paraiso Bayviews Residences Rentals and Rental Policy

Rental policy currently shows a short-term rental setup, a 1-month minimum rental term and up to 4 rentals per year. Buyers should verify association rules, approval timing, lease fees, taxes, city requirements, and current restrictions before relying on projected income.

Amenities and Building Details

The building was designed by Arquitectonica and developed by The Related Group. The building is pet-friendly. Tennis access is also part of the building review. Buyers should review amenities, parking, security, reserves, insurance considerations, association rules, and monthly fees with the specific residence. The building boasts a 50-ft infinity-edged sunset rooftop swimming pool and a lap pool, catering to both relaxation and fitness needs. A state-of-the-art fitness center, access to the Marina with boat slips and watersport rentals, an on-site restaurant, tennis and paddle courts, and a business center enhance the community's recreational and practical offerings. Additional amenities include a billiards room, club rooms, a children's play area, library, theater, spa, picnic area, and barbecue grilling station. A secured parking area with valet parking, 24/7 security services, and full-service concierge services ensure convenience and safety for all residents.

What to Compare Before Buying at Paraiso Bayviews Residences

Compare active condos for sale, active rentals, recent sales, bay exposure, unit condition, monthly fees, parking, rental rules, pet policy, and Edgewater walkability. It is also useful to compare Paraiso Bayviews Residences with nearby buildings and area pages such as Miami's, Edgewater, Paraiso Bay, and Gran Paraiso.

Market Context

Paraiso Bayviews Residences has completed-year closed-sale history from 2018 through 2025 in the market statistics, with 162 recorded condo sales, or about 20 sales per year. That gives buyers a useful resale sample, but individual unit differences still need to be adjusted carefully. The busiest year in the series was 2022 with 46 sales, while the quietest was 2018 with 1. Recent completed-year sales volume is above the long-term average. The gap between the busiest and quietest years also shows why buyers should separate building demand from broader market-cycle timing.

The completed-year price-per-square-foot history for Paraiso Bayviews Residences ranges from about $369/sqft to $729/sqft, with an average near $579/sqft across the years shown. That range gives buyers room to separate stronger lines and renovated units from more ordinary comparisons. The last completed year in the series is higher than the first, moving from $369/sqft in 2018 to $667/sqft in 2025. The recent completed-year price-per-square-foot average is above the long-term average. Average closed price over the same completed-year period was about $529,331, but that number should be read by bedroom count, size, view, and renovation level.

Bedroom-level statistics also help explain value at Paraiso Bayviews Residences: 1 Bed and 3 Beds units have the broadest historical comparison set, while 4 Beds+ around $1,350,833 and 3 Beds around $696,709 represent the higher average closed-price tiers in the chart data. The segment is useful, but buyers should still check whether the underlying sales were similar in size, view, and condition. Buyers should compare units within the same bedroom count before deciding whether a listing is expensive or well positioned. Paraiso Bayviews Residences also has short-term rental flexibility with a 1-month minimum lease and up to 4 rentals per year, which should be read together with the long-term sales data. That flexibility can broaden buyer demand, but only when approval timing, seasonality, furnishings, taxes, fees, and local rules support the intended use.