
3131 NE 7th Ave, Miami FL 33137, MIAMI, FL, 33137
Active29 days on marketListed Jul 8, 2026MLS #A12050226
About this home
3131 NE 7th Ave, Miami FL 33137
There are penthouses with views, and there are residences where the view is the architecture. Penthouse 5001 at One Paraiso is the latter a 4-bedroom, 4.5-bath corner residence above Biscayne Bay where water fills every window and the whole of Miami unfolds beyond it, from sunrise over the Atlantic to a skyline turning gold at dusk. Over 3,000 SF of interiors open onto 600+ SF of wraparound terraces, ten feet deep — true outdoor rooms suspended over the bay. Private elevator arrival leads to a vault-grade armored entry door. Beyond it, over $1M in craftsmanship executed to couture standard: Nestos marble imported from Italy across every floor, sculpted drop ceilings with architectural lighting, Italdoors throughout, Italkraft dressing rooms, and a fully rebuilt atelier-grade primary bath. Control4 automation with integrated Sonos sound responds to a single touch. 11-ft ceilings throughout. Offered furnished and curated: an Armani-designed living room, a Fendi bed anchoring the primary suite, Giorgio Ferrara pieces completing the collection. Two assigned parking spaces plus private storage. Below, the Piero Lissoni-designed One Paraiso: 24/7 security and concierge, three pools, tennis, waterfront spa, marina, private cinema, playroom, and business center. Minutes to the Design District, Wynwood, and Miami Beach. A private world, complete.
Facts & features
The home at a glance
4
Bedrooms
4.5
Bathrooms
2
Garage
2018
Year built
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$34,235 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:

Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$34,235/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Where it sits
Inside Edgewater
Get to know Miami. See the full Miami guide →
Edgewater — neighborhood snapshot
Population
19,496
Median age
35
Median income
$117,257
Median home value
$420,344
Avg household
2
Households w/ children
1,579
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 826% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 3131 NE 7th Ave
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Aug ’25$850,000
3131 NE 7th Ave # 4802, Miami FL 33137 · same community
1 bd · 1.5 ba · 959 sqft · $886/sqft · 447 DOM
Sold · Nov ’25$1,525,000
3131 NE 7th Ave # 3504, Miami FL 33137 · same community
3 bd · 3.5 ba · 1,526 sqft · $999/sqft · 424 DOM
Sold · Jun ’26$1,750,000
3131 NE 7th Ave # 1701, Miami FL 33137 · same community
3 bd · 3.5 ba · 1,634 sqft · $1,071/sqft · 121 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
David Ramirez
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 3131 NE 7th Ave — start here.

Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 3131 NE 7th Ave — before you fall in love.
See it in person
Schedule a tour
Pick a day that works — this goes straight to David's phone and CRM.
Straight answers
3131 NE 7th Ave FAQs
What would the monthly payment be for 3131 NE 7th Ave, Miami FL 33137?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $34,235/mo — principal and interest, the actual property-tax bill, the $4,081/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 3131 NE 7th Ave, Miami FL 33137?+
The association fee works out to $4,081 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 3131 NE 7th Ave, Miami FL 33137?+
The most recent tax bill on record (2025) was $58,680. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $4,350,000, this home is listed about 613% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 3131 NE 7th Ave, Miami FL 33137?+
Eneida M. Hartner Elementary School (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$4,350,000 runs 826% above the MIAMI 33137 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $4,081/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of Alure Capital · Adam Redolfi. MLS #A12050226.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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