650 NE 32nd St · Miami, FL 33137 · Edgewater

Paraiso Bay

53-story tower, completed 2018, 364 residences in Edgewater. 22 for sale and 6 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from Paraiso Bay's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

When a unit at Paraiso Bay lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

At a glance Paraiso Bay (650 NE 32nd St, Edgewater) is a 53-story, 364-unit building completed in 2018. As of Nov 2, 2026, 22 units are for sale and 6 are for rent; the median closed price was $750 per square foot over 17 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
22
For rent
6
Median $/SF
$75017 sales · 12 mo
Sold
17last 12 months
Built
2018
Floors
53
Residences
364county
Flood zone
AEFEMA
Owner-occupied
27%
Avg. unit
1,248sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Paraiso Bay.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

For sale 22 listings · Nov 2, 2026

Unit BH2$4,599,000$689/SF6 bd · 7 ba · 6,676 sf5 days listed · $9,492/mo HOA · listed by The Corcoran GroupFull listing →Unit BH4$3,350,000$1,004/SF3 bd · 4.5 ba · 3,336 sf157 days listed · $4,400/mo HOA · listed by WERC Realty, LLCFull listing →Unit BH7$3,000,000$945/SF3 bd · 4 ba · 3,175 sf360 days listed · $4,414/mo HOA · listed by Compass Florida, LLCFull listing →Unit 3901$1,895,000$1,012/SF4 bd · 4.5 ba · 1,872 sf14 days listed · $2,661/mo HOA · listed by Compass Florida, LLCFull listing →Unit 1203$1,050,000$876/SF2 bd · 3 ba · 1,198 sf50 days listed · $1,679/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 3005$985,000$856/SF2 bd · 3 ba · 1,151 sf335 days listed · $1,600/mo HOA · listed by FACCIN Group RealtyFull listing →Unit 4205$970,000$843/SF2 bd · 3 ba · 1,151 sf117 days listed · $1,637/mo HOA · listed by Dezer Platinum Realty LLCFull listing →Unit 4406$945,000$886/SF2 bd · 2 ba · 1,067 sf1 day listed · $1,324/mo HOA · listed by Related General Realty, LLC.Full listing →Unit 4206$935,000$876/SF2 bd · 2 ba · 1,067 sf324 days listed · $1,324/mo HOA · listed by FACCIN Group RealtyFull listing →Unit 4105$890,000$773/SF2 bd · 3 ba · 1,151 sf30 days listed · $1,637/mo HOA · listed by Coldwell Banker RealtyFull listing →Unit 2006$880,000$825/SF2 bd · 2 ba · 1,067 sf460 days listed · $1,324/mo HOA · listed by Gimeza A Real Estate Corp.Full listing →Unit 1805$879,000$734/SF2 bd · 3 ba · 1,198 sf198 days listed · $1,400/mo HOA · listed by Swann Realty Partners, LLC.Full listing →Unit 1804$875,000$733/SF2 bd · 3 ba · 1,193 sf5 days listed · $1,695/mo HOA · listed by Compass Florida, LLCFull listing →Unit 3302$855,800$811/SF1 bd · 2 ba · 1,055 sf41 days listed · $1,343/mo HOA · listed by Amerigo InternationalFull listing →Unit 2406$830,000$778/SF2 bd · 2 ba · 1,067 sf8 days listed · $1,324/mo HOA · listed by Brickell Brokers LLCFull listing →Unit 3707$810,000$902/SF1 bd · 2 ba · 898 sf1 day listed · $1,277/mo HOA · listed by The Keyes Company - MiramarFull listing →Unit 4407$798,500$889/SF1 bd · 2 ba · 898 sf140 days listed · $1,200/mo HOA · listed by Alure CapitalFull listing →Unit 4508$720,000$1,020/SF1 bd · 1.5 ba · 706 sflisted today · $915/mo HOA · listed by Elite International Realty IncFull listing →Unit 3108$680,000$963/SF1 bd · 1.5 ba · 706 sf381 days listed · $902/mo HOA · listed by Douglas EllimanFull listing →Unit 2108$675,000$956/SF1 bd · 1.5 ba · 706 sf238 days listed · $982/mo HOA · listed by MI Exclusive PropertiesFull listing →Unit 908$645,000$914/SF1 bd · 1.5 ba · 706 sflisted today · $1,003/mo HOA · listed by Tectum LLCFull listing →Unit 1508$625,000$885/SF1 bd · 1.5 ba · 706 sf32 days listed · $901/mo HOA · listed by Glass Realty, LLCFull listing →

Under contract 10

  • Unit BH6$2,959,000 · 4 bd
  • Unit 2205$899,000 · 2 bd
  • Unit 602$798,000 · 2 bd
  • Unit PH5003$16,500/mo · 4 bd
  • Unit 4705$6,995/mo · 2 bd
  • Unit 2003$6,500/mo · 2 bd
  • Unit 4105$6,400/mo · 2 bd
  • Unit 4802$5,350/mo · 1 bd
  • Unit 2802$5,300/mo · 1 bd
  • Unit 2008$4,300/mo · 1 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33137

Paraiso Bay, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

299 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 19
  • Under contract 8
  • For rent 5
  • Sold or leased, last 12 months 72
  • Seen in the MLS before that 195
  • No MLS record seen 70
01020304050607085365045403530252015100102030405060708536504540353025201510Floors 1 to 5: no unit seen in the MLSFloors 1 to 5: no unit seen in the MLS

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen299of 364 residences on record
Floors with units47floors 6 to 53
Lines8stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 39 to 53$811/SF · 12 sales
Middle floorsfloors 23 to 38$851/SF · 15 sales
Lower floorsfloors 6 to 22$765/SF · 10 sales

Closed $/SF figures use the 37 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line 08 closed highest per square foot: a median $921/SF over 5 sales in 24 months. The largest typical unit is line 01, a median 1,872 sf over 38 units seen, recorded with 4 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 01391,872 sf43$844 9 sales
Line 02421,175 sf151 sale, too few
Line 03331,198 sf24$726 5 sales
Line 04411,193 sf22$765 6 sales
Line 05371,151 sf261 sale, too few
Line 06331,067 sf24$872 3 sales
Line 0737898 sf12$835 7 sales
Line 0837706 sf16$921 5 sales

6 units in the record sit outside this grid (4806-4807, BH2, BH4, BH6, BH7, BH8): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Paraiso Bay.

Activity as of Nov 2, 2026
  • Resale +45%. The median closed price moved from $517/SF in 2020 (11 sales) to $750/SF in 2026 (17 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 8.8%. A year of rent at the median $5.53/SF/mo (77 leases) against the median $750/SF sale (17 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run +17% against closings. Sellers ask a median $881/SF (22 listings) against $750/SF closed (17 sales, 12 months). That gap is negotiation room. Bring the comps.
  • Sells in a median 80 days. Days on market across the 17 sales closed in the last 12 months.
  • A renters' building. Leases outnumbered sales 5 to 1 over the last 12 months (77 leases, 17 sales), at a median $5,650 a month.
Read the full record 4 paragraphs and 17 facts, every figure from the MLS and county record

Paraiso Bay is a 53-story tower at 650 NE 32nd St in Edgewater, completed in 2018. The Miami-Dade Property Appraiser lists 364 residential units, averaging 1,248 SF of living area. It was developed by Related Group and designed by Arquitectonica. Interiors are by United Design Partnership. The condo archive records it as waterfront (no / across water).

On November 2, 2026, 22 units were listed for sale, asking $625K to $4.6M (median ask $881/SF across 22 listings). Three more were under contract. 17 sales closed between November 2, 2025 and November 2, 2026, from $700K to $1.7M, a median $750/SF, after a median 80 days on the market. In the 12 months before that, 20 sales closed at a median $867/SF, so the median fell 13%. The MLS holds 181 closed sales here going back to 2019; among years with three or more sales, 2025 set the high at a median $867/SF. That 12-month median ranks 8th of the 32 Edgewater buildings with at least three sales in the same window. Two-bedrooms made up 16 of the 37 sales in the last 24 months, at a median $879,500.

Six units were offered for rent at $6,500 to $30,000 a month. 77 leases were signed over the same 12 months, at a median $5,650 a month (range $3,550 to $25,000). Leases outnumbered sales 5 to 1 over that year, so renters are a large share of who lives here.

About 27% of the residences are owner-occupied according to county records, which points to an investor-heavy ownership base. Association rules on file: no short-term rentals; minimum lease 30 days; up to three leases a year. The association is managed by First Service Residential. I have four of its association documents on file, including the Declaration of Condominium and the Amendments to the Declaration.

Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.

The record

Address
650 NE 32nd St, Miami 33137
Neighborhood
Edgewater
Developer
Related Group
Architect
Arquitectonica
Interior design
United Design Partnership
Management
First Service Residential
Front desk / mgmt
(786) 369-5254
Year built
2018
Floors
53
Residences (county-verified)
364
Owner-occupied
27% of residences
Avg. unit size
1,248 sq ft
Total living area
454,152 sq ft
County condo folios
364
Waterfront
No / Across Water
Recorded MLS listings
853
Also recorded as
650 NE 31st St
650 32nd St

The numbers at Paraiso Bay.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$434$867$5812019$5172020$6212021$7792022$7872023$8422024$8672025$7502026$434$867$581'19'20$621'21'22$787'23'24$867'25'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)17$75064$5,700/mo
202516$86787$5,600/mo
202417$84283$5,200/mo
202322$78777$5,200/mo
202247$77996$5,500/mo
202149$62196$4,950/mo
202011$51787$3,300/mo
20192$581*13$3,500/mo

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Closed $/SF by unit size

Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.

1 bedroom$780/SF · 5 sales
2 bedrooms$730/SF · 9 sales
3+ bedrooms$844/SF · 3 sales

Medians need three or more sales. How these numbers are made

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $517 (11 sales). In the last 12 months: $750 (17 sales). Change: +45%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 181 sales · 603 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 37

UnitBDBASFAskedClosed$/SFClose dateDOM
2104231,193$895,000$895,000$750Oct 28, 2026147
802231,175$750,000$740,000$630Oct 23, 202644
2005231,151$883,000$860,000$747Oct 19, 2026142
150712898$710,000$700,000$780Oct 16, 202679
4104231,193$879,000$879,000$737Oct 2, 202649
290144.51,872$1,699,000$1,660,000$887Sep 15, 2026231
430712898$735,000$700,000$780Aug 6, 2026262
220133.51,646$1,450,000$1,390,000$844Jul 24, 2026351
2703231,198$895,000$870,000$726May 29, 2026105
250712898$780,000$750,000$835Apr 29, 202612
3503231,198$895,000$870,000$726Apr 7, 202695
160133.51,646$1,450,000$1,325,000$805Mar 5, 202674
4503231,198$925,000$875,000$730Feb 25, 202644
4203231,198$949,000$895,000$747Feb 25, 202615
1004231,193$899,000$850,000$712Feb 17, 2026260
380712898$769,000$769,000$856Feb 2, 202615
290712898$795,000$700,000$780Jan 7, 202680
410144.51,872$1,995,000$1,850,000$988Aug 18, 202564
470144.51,872$1,950,000$1,830,000$978Jul 31, 20257
1904231,301$1,195,000$1,125,000$865Jul 30, 202529
380811.5706$675,000$645,000$914Jul 22, 202549
370811.5706$675,000$662,000$938Jul 18, 202526
470811.5706$675,000$650,000$921Jul 7, 202590
903231,198$899,999$850,000$710Jun 17, 2025182
310144.51,872$1,595,000$1,475,000$788Jun 2, 202546
340144.51,872$1,626,000$1,575,000$841Apr 24, 202569
340811.5706$675,000$650,000$921Apr 22, 202536
4404231,193$985,000$930,000$780Apr 14, 202584
3206221,067$925,000$880,000$825Mar 25, 202577
350712898$799,000$765,000$852Feb 27, 202589

The 30 most recent of 37. All 181 recorded sales open in the interactive table.

Leases signed Nov 2, 2025 to Nov 2, 2026 · 77

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
120133.51,646$8,900/mo$8,900/mo$5.41Oct 2, 202669
150133.51,646$8,900/mo$8,400/mo$5.10Sep 24, 202646
1903231,198$6,000/mo$6,000/mo$5.01Sep 15, 202612
440712898$5,500/mo$5,700/mo$6.35Sep 9, 20267
3405231,151$6,750/mo$6,400/mo$5.56Sep 1, 202638
1404231,193$6,500/mo$7,500/mo$6.29Sep 1, 202641
1502231,175$6,400/mo$6,500/mo$5.53Sep 1, 20265
1803231,198$5,900/mo$5,900/mo$4.92Aug 31, 20264
450811.5706$4,600/mo$4,700/mo$6.66Aug 24, 20263
4805231,151$6,750/mo$6,650/mo$5.78Aug 20, 202630
340811.5706$4,400/mo$4,200/mo$5.95Aug 20, 202640
3505231,151$7,000/mo$6,600/mo$5.73Aug 16, 202658
2005231,151$6,500/mo$6,500/mo$5.65Aug 15, 202611
2102231,175$5,850/mo$5,800/mo$4.94Aug 14, 20267
703221,198$5,900/mo$5,500/mo$4.59Aug 8, 202650

The 15 most recent of 77.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Paraiso Bay.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

Rules · verified

What Paraiso Bay allows

Short-term / Airbnb
Not allowed
Minimum lease
30 days
Leases per year
3
3 more
Pool hours
Sunrise to Sunset
Gym hours
6:00 AM - 8:00 PM
EV charging
Available

Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 11 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Due 2048

Due by statute by December 31, 2048, 30 years after 2018, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2043.
  • Based on year built 2018 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Paraiso Bay

5 more nearby

Compare with the two nearest →Every Edgewater building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Paraiso Bay's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Paraiso Bay lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group