David Ramirez
$4,350,0004 bd4.5 ba$34,235 /mo all-in ↓

3131 NE 7th Ave, Miami FL 33137, MIAMI, FL, 33137

Active29 days on marketListed Jul 8, 2026MLS #A12050226

WaterfrontCondominiumONE PARAISO CONDO,One Paraiso

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

WaterfrontBay & Ocean View & Skyline viewFurniture For Sale,Furniture Negotiable

Inside

FlooringMarble
AppliancesDishwasher · Disposal · Dryer · Ice Maker · Microwave · Refrigerator · Self Cleaning Oven · Wall Oven · Washer
InteriorBuilt-in Features · Closet Cabinetry · Entrance Foyer · Laundry Tub · Vaulted Ceiling(s) · Volume Ceilings · Walk-In Closet(s) · Den/Library/Office · Media Room · Utility Room/Laundry
LaundryLaundry Tub · Utility Room/Laundry
CoolingCentral Air
HeatingCentral
FurnishedFurniture For Sale,Furniture Negotiable

Outside & construction

ConstructionConcrete Block Construction
ViewBay · Ocean View · Skyline
FacesEast
Parking2 Or More Spaces · Covered · Deeded
ExteriorBarbeque · Open Balcony · Tennis Court(s)

Community & fees

HOA fee$4,081/mo
Taxes (2025)$58,680/yr

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%

Principal & interest$23,472
PMI (est., until 20% equity)$1,631
Property tax — 2025 actual bill$4,890
Condo fee — from the listing$4,081
Insurance (FL estimate)$160

The assumptions

Loan typeConventionalDown payment10% · $435,000Loan30-yr fixed at 6%Mortgage insuranceIncludedTaxesActual bill on recordInsuranceFlorida estimate

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

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Run your own numbers

Loan type

FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.

Down payment10% · $435,000
Interest rate6.00%
Loan term

Estimated payment

$34,235/mo

Principal & interest$23,472
PMI (est., until 20% equity)$1,631
Property taxes (actual bill)$4,890
HOA / condo fee$4,081
Est. insurance$160

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

Map of 3131 NE 7th Ave, Miami FL 33137 inside its neighborhood boundary

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

ElementaryEneida M. Hartner Elementary School★★★★
MiddleJose De Diego Middle School★★★★★
District Instructional Center (Dic)
HighBooker T. Washington Senior High★★★★★
Instructional Center System Wide
Title I Migrant Education Program

School assignments and ratings via edgeAI — always verify with the district.

The numbers that matter

The Miami market

Seller’s marketLeans buyer18.3 months of inventoryBuyer’s 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

Jul 8, 2026Listed at $4,350,000 · 29 days on market since
2018Built · ONE PARAISO CONDO,One Paraiso

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.

3131 NE 7th Ave # 4802, Miami FL 33137Sold · 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

3131 NE 7th Ave # 3504, Miami FL 33137Sold · 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

3131 NE 7th Ave # 1701, Miami FL 33137Sold · 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.

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, negotiation, and every question about 3131 NE 7th Ave — start here.

Andrew Acosta

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

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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.

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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