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501 NE 31st St - Paraiso Bayviews 1,012 SF Office/Retail Condo Unit Offered at $1,050,000 in Miami, FL 33137
Investment Highlights
- Street-level commercial condominium in Paraiso Bayviews
- Located within Edgewater’s four-tower Paraiso District
- Flexible configuration for retail, showroom, wellness, beauty, studio, office or professional-service concepts
- Direct pedestrian entrance and prominent glass storefront
- Surrounded by luxury residential towers and a built-in neighborhood customer base
- Strong owner-user or investment opportunity
Executive Summary
Street-level retail condominium at Paraiso Bayviews in Miami’s Edgewater neighborhood. Direct entrance, glass storefront and flexible commercial layout within the four-tower Paraiso District. Convenient to Biscayne Boulevard, Midtown, Wynwood, the Design District, Downtown and Miami Beach.
Data Room Click Here to Access
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | Sale Conditions | Build to Suit |
| No. Parking Spaces | 3 | APN/Parcel ID | 01-3230-096-3920 |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| Sale Conditions | Build to Suit |
| APN/Parcel ID | 01-3230-096-3920 |
Description
Position your business in the center of one of Miami’s most established luxury residential districts. Unit CU-4 is a street-level commercial condominium located at Paraiso Bayviews, within the four-tower Paraiso District in Miami’s Edgewater neighborhood.
The property offers direct pedestrian access, expansive glass frontage and a flexible commercial layout suitable for a variety of owner-user or investment strategies. Potential concepts include boutique retail, medical or wellness services, beauty and personal care, a showroom, creative studio, professional office, specialty market or other neighborhood-serving business, subject to condominium and governmental approvals.
The location benefits from a substantial built-in residential customer base within Paraiso and the surrounding Edgewater towers. Biscayne Boulevard and I-195 provide convenient connectivity to Midtown, Wynwood, the Miami Design District, Downtown Miami and Miami Beach.
The surrounding 33137 trade area has approximately 29,400 residents, a median age of 34.9, median household income of approximately $94,000 and a highly educated population, with more than half of adults holding a bachelor’s degree or higher.
The property offers direct pedestrian access, expansive glass frontage and a flexible commercial layout suitable for a variety of owner-user or investment strategies. Potential concepts include boutique retail, medical or wellness services, beauty and personal care, a showroom, creative studio, professional office, specialty market or other neighborhood-serving business, subject to condominium and governmental approvals.
The location benefits from a substantial built-in residential customer base within Paraiso and the surrounding Edgewater towers. Biscayne Boulevard and I-195 provide convenient connectivity to Midtown, Wynwood, the Miami Design District, Downtown Miami and Miami Beach.
The surrounding 33137 trade area has approximately 29,400 residents, a median age of 34.9, median household income of approximately $94,000 and a highly educated population, with more than half of adults holding a bachelor’s degree or higher.
Sale Notes
Commercial condominium Unit CU-4 is offered for sale at $1,050,000. The property provides an opportunity for an owner-user or investor seeking street-level commercial presence within the Paraiso District and Miami’s Edgewater neighborhood.
Contact the listing broker for occupancy information, association documents, parking details, financial information and showing instructions. Buyer shall independently verify square footage, condominium restrictions, permitted uses, utility capacity, parking, taxes, assessments and all other property information.
Contact the listing broker for occupancy information, association documents, parking details, financial information and showing instructions. Buyer shall independently verify square footage, condominium restrictions, permitted uses, utility capacity, parking, taxes, assessments and all other property information.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit CU-4 | 1,012 SF | Office/Retail | $1,050,000 ($1,037.55/SF) | - |
Unit CU-4
| Unit Size |
| 1,012 SF |
| Condo Use |
| Office/Retail |
| Price |
| $1,050,000 ($1,037.55/SF) |
| NOI |
| - |
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Unit CU-4
| Unit Size | 1,012 SF |
| Condo Use | Office/Retail |
| Price | $1,050,000 ($1,037.55/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| No. Parking Spaces | 3 |
| Sale Conditions | Build to Suit |
| APN/Parcel ID | 01-3230-096-3920 |
| Description | |
| Position your business in the center of one of Miami’s most established luxury residential districts. Unit CU-4 is a street-level commercial condominium located at Paraiso Bayviews, within the four-tower Paraiso District in Miami’s Edgewater neighborhood.<br> <br> The property offers direct pedestrian access, expansive glass frontage and a flexible commercial layout suitable for a variety of owner-user or investment strategies. Potential concepts include boutique retail, medical or wellness services, beauty and personal care, a showroom, creative studio, professional office, specialty market or other neighborhood-serving business, subject to condominium and governmental approvals.<br> <br> The location benefits from a substantial built-in residential customer base within Paraiso and the surrounding Edgewater towers. Biscayne Boulevard and I-195 provide convenient connectivity to Midtown, Wynwood, the Miami Design District, Downtown Miami and Miami Beach.<br> <br> The surrounding 33137 trade area has approximately 29,400 residents, a median age of 34.9, median household income of approximately $94,000 and a highly educated population, with more than half of adults holding a bachelor’s degree or higher.</li></ul> | |
| Sale Notes | |
| Commercial condominium Unit CU-4 is offered for sale at $1,050,000. The property provides an opportunity for an owner-user or investor seeking street-level commercial presence within the Paraiso District and Miami’s Edgewater neighborhood.<br> <br> Contact the listing broker for occupancy information, association documents, parking details, financial information and showing instructions. Buyer shall independently verify square footage, condominium restrictions, permitted uses, utility capacity, parking, taxes, assessments and all other property information.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- 24 Hour Access
- Business Center
- Controlled Access
- Clubhouse
- Concierge
- Fitness Center
- Playground
- Pool
- Property Manager on Site
- Sauna
- Spa
- Tennis Court
- Waterfront
- Gated
- Grill
- Media Center/Movie Theatre
- Bicycle Storage
- Dock
- Elevator
- Lounge
- Sundeck
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 288 | - | 736 |
| 2+2 | 103 | - | 1,055 |
Very walkable
80/100
Moderately drivable
70/100
Good public transit
60/100
Fairly bikeable
40/100
Major Tenant Information Click Here to Access
| TENANT | SF Occupied | LEASE END DATE |
|---|---|---|
| MedSpa |
-
|
Jan 0000
|
1 of 62
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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501 NE 31st St - Paraiso Bayviews
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