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3131 NE 7th Avenue #2206, Miami, FL, 33137

3beds
4baths
1,634sqft
$1,850,000
$1,132price/sqft
$12,645/moest. monthly cost
$505,800/yrincome needed

About This Home

3-bedroom, 3.5-bathroom corner residence in One Paraiso, a prestigious waterfront community in Miami. Situated on the 22nd floor, this 1,634 square-foot sanctuary offers an exceptional vantage point with waterfront positioning that captures panoramic view, dual terraces for sunrise and sunset views and natural light. A private elevator opens directly into the residence's exclusive foyer. Interiors feature polished concrete floors, floor-to-ceiling windows, European cabinetry, custom closets, electric blinds and furniture by Restoration Hardware. The Paraiso District provides convenient access to cafes, dry cleaning, juice bars, waterfront restaurant Amara, and a dog park just outside your door.

Getting Around

80
WalkingVery Walkable
48
TransitSome Transit
68
BikeBikeable

Schools

Construction

Condition

  • Property condition: Resale
  • Year built: 2018

Materials

  • Roof: Concrete
  • Construction materials: Block

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Cooktop,Dryer,Dishwasher,Electric Cooktop,Electric Water Heater,Microwave,Oven,Refrigerator,Water Heater,Washer
  • Laundry features: Inside,In Unit,Washer Dryer Install Allowed

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 4
  • Full bathrooms: 3
  • 1/2 bathrooms: 1
  • Main level bathrooms: 3
  • Main level bedrooms: 3

Features

  • Built-in Features,Bathtub,Closet Cabinetry,Entrance Foyer,Eat-in Kitchen,Elevator,Kitchen Island,Living/Dining Room,Split Bedrooms,Soaking Tub,Separate Shower,Walk-In Closet(s)
  • Window features: Blinds
  • Flooring: Tile,Wood

Heating & Cooling

  • Heating features: Central,Electric
  • Cooling features: Central Air,Electric

Interior Area

  • Total structure area: 1,634
  • Total interior livable area: 1,634 sqft

Property

Accessibility

  • Accessibility features: Accessibility Features,Accessible Common Area,Accessible Approach with Ramp

Details

  • Parcel number: 0132300952320
  • Zoning: NA
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: First Floor Entry
  • Private pool: Yes
  • Pool features: In Ground,Association,Heated
  • Patio & porch: Open,Balcony
  • Exterior features: Balcony,Outdoor Living Area
  • Has spa: Yes
  • Spa features: Heated
  • Has view: Yes
  • View description: City,Ocean,Water
  • Has water view: Yes
  • Water view: Ocean,Water
  • On waterfront: Yes
  • Waterfront features: Bayfront
  • Frontage type: Waterfront
  • Frontage length: 1000.00,1000.00

Parking

  • Total spaces: 1
  • Parking features: Attached,Covered,Garage,Garage Door Opener,Valet
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $9,354$112,248
Home Insurance *$162$1,944
Property Taxes $2,932$35,184
Electricity $197$2,366
Total$12,645$151,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$433,542/yr
40% on housing$379,350/yr
45% on housing$337,200/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,132This listing

vs Other Active Listings

Avg $/sqft

ZIP 33137$888
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33137$949
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-26Listed for sale$1,850,000
2026-02-03Listed for rent$11,000
2025-11-28Listing removed$11,000
2025-10-15Listed for rent$11,000
2023-10-13Listing removed--
2023-09-21Listed for sale$1,890,000
2021-03-15Sold$1,150,000
2021-01-21Pending sale$1,250,000
2020-10-07Price change$1,250,000
2020-06-10Price change$1,280,000
2020-04-09Listed for sale$1,330,000
2019-05-22Listing removed$1,370,000
2019-04-22Listed for sale$1,370,000
2019-04-07Listing removed$5,200
2019-03-22Listed for rent$5,200
2018-08-23Sold$1,218,900

For Sale by Agent

AgentMichelle DiMarco
BrokerageOne Sotheby's International Re

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