Biscayne Bay seen from the 15th-floor balcony of Paraiso Bay residence 1502, framed by the two Paraiso towers, with the Miami Beach skyline on the horizon.

Available now · Edgewater, Miami

Paraiso Bay 1502 650 NE 32nd Street, Miami FL 33137

$6,400a month Furnished·Annual lease
2 Bedrooms 3 Baths Den 1,175 sq ft Floor 15 Bay to ocean views
Paraiso Bay #1502 · Furnished
$6,400/mo · 2 bd · 3 ba · den · 1,175 sq ft

The water starts at the glass and does not stop until Miami Beach. Fifteen floors up, on the quiet side of the bay, in a building that behaves like a resort and a residence at the same time.

$6,400 a month
Furnished · Annual lease
2 + den
Bedrooms
3
Full baths
1,175
Square feet
15th
Floor · Bayside

Bay, Intracoastal and ocean views·217 sq ft terrace·One-year lease, renewable·Available now·Assigned garage parking and valet·Laundry in the residence·Built 2018·Pets welcome·MLS A12072235


The building

Paraiso Bay.

One of four towers in Related Group's Paraiso district in Edgewater, drawn by Arquitectonica and delivered in 2018. Common areas were designed by Keith Hobbs of United Design Partnership; the grounds and pool deck are by Enzo Enea. At street level, Amara at Paraiso, the waterfront restaurant from James Beard Award-winning chef Michael Schwartz.

  • DeveloperRelated Group
  • ArchitectArquitectonica
  • Common areasKeith Hobbs · United Design Partnership
  • LandscapeEnzo Enea
  • Delivered2018
  • Residences364

The towers over the resort deck. Photography courtesy of the association.

The amenities

The resort you live over.

Pool to putting green, screening room to bowling alley, spa to tennis. Tap any room.

The pool, to the horizon
Bowling alley & lounge
Private screening room
Golf simulator
Billiards
Media lounge
Game room
Spa & treatment rooms
Putting green
Outdoor spa
The lobby
Wine cellar
  • Resort deck with circular zero-entry heated pool
  • Outdoor spa, poolside cabanas and summer kitchen
  • Tennis centre, two lighted courts plus a multipurpose court
  • Bowling alley
  • Private screening room with theatre seating
  • Golf simulator and putting green
  • Full-service spa with steam rooms and sauna
  • Fitness centre
  • Wine cellar and tasting salon
  • Clubroom with billiards and catering kitchen
  • Children's playroom and teen game room
  • Beach club
  • Amara at Paraiso, waterfront dining on site
  • Electric vehicle charging in the garage
  • 24-hour concierge and valet

Pool deck open sunrise to sunset; fitness centre 6:00 AM to 8:00 PM. Amenity access and hours are set by the association and can change. Amenity photography courtesy of the Paraiso Bay Condominium Association.


The location

Edgewater.

Edgewater sits on the bay between Midtown and Downtown, which puts almost everything people actually want within a short drive. The Design District is minutes north, Wynwood minutes west, Brickell just south, and the causeways to Miami Beach are immediately at hand.

  • Design District≈ 1.5 mi
  • Midtown & Wynwood≈ 1 mi
  • Downtown Miami≈ 2 mi
  • Brickell≈ 3 mi
  • Miami Beach via I-195≈ 4 mi
  • Miami International Airport≈ 8 mi

Distances are approximate, measured by road from 650 NE 32nd Street.

For brokers: how this price sits in the building Closed comparables, current availability and days on market. Miami MLS via Bridge IDX.
2
Comparable units still available
8
Went under contract
$6,750
Nearest available comp
23
Median days on market, 2026

On the market right now · 2 bed, 1,140–1,210 sq ft

Current competing listings at Paraiso Bay in the same size class
UnitSq ft AskStatusDays
15021,175$6,400This residence, furnishedNew
34051,151$6,750Active11
7031,198$5,900Active1
35051,151$7,000Under contract58
8051,151$6,900Under contract20
48051,151$6,750Under contract30
20051,151$6,500Under contract11
14041,193$6,500Under contract41
19031,198$6,000Under contract8
21021,175$5,850Under contract7
11021,175$5,500Under contract4

Closed in the same size class

Recent comparable closed leases at Paraiso Bay
UnitSq ft AskedClosed DaysClosed
44051,151$7,100$7,10043Jul 2026
16051,151$6,000$6,00011Jul 2026
28041,193$6,200$6,20014Jun 2026
39031,198$6,500$6,50013Jun 2026
45051,151$6,400$6,40019Jun 2026
10021,175$6,500$6,50086Apr 2026
6021,175$5,400$4,90011Feb 2026
14021,175$5,950$6,50048Dec 2025

The size class has cleared out. Of the ten comparable two-bedroom residences that came to market, eight are under contract and six of those went at $6,000 or better. Only two remain available: 3405 at $6,750, eleven days in, and 703 at $5,900 unfurnished. At $6,400 furnished, 1502 comes in $350 under the only comparable residence a tenant can actually see today.

On closed evidence, 4505 closed at exactly $6,400 in nineteen days this June, and 1002 and 1402, both in this same "02" line, closed at $6,500. Across the trailing twelve months the class closed between $4,900 and $7,100 on a $5,900 median and a 29-day median. $6,400 sits in the upper part of that band, which is what a furnished residence asks for and what the furnished closings support. The counter-pressure is honest and worth stating: unfurnished 02s went under contract at $5,850 and $5,500 within the last week, so a furnished ask has to justify roughly a $600 spread. Building-wide, the median lease has moved from $3,400 in 2019 to $5,600 in 2026, and median days on market fell from 42 in 2025 to 23 in 2026.

Source: Miami Association of REALTORS® MLS via Bridge IDX, as of 17 August 2026. Furnished status is not a syndicated IDX field; furnished and unfurnished notes come from my own MLS review on that date. Deemed reliable but not guaranteed. Compensation is published in the MLS, not here. Past results do not guarantee future rent.


From inquiry to move-in

The path to keys.

i.

See it

Showings by appointment — call, text or WhatsApp and I will set it up the same day. The residence is vacant and easy to show.

ii.

Apply

The association charges $100 per adult applicant; spouses and dependent children count as one. Have ready: three months of pay stubs, proof of funds, a credit report and a Miami-Dade background check.

iii.

Approval

Every tenant is screened and approved by the association. Budget roughly 30 days from a complete application, and plan your move-in date around it.

iv.

Keys

A one-year lease with a renewal option. Renter's insurance is required by both the association and the owner before move-in.

The building permits no short-term rentals — the minimum term is 30 days and a residence may lease no more than three times in twelve months. The association is managed by First Service Residential, (786) 369-5254. Brokers: the current lease application package is available on request.


Good questions

Asked and answered.

How soon can I move in?
The residence is vacant, so your move-in date is set by the association's approval, which takes roughly 30 days from a complete application. Apply early and the keys follow approval.
What does "furnished" include — and can it be adjusted?
It is offered turnkey: furniture, televisions, and washer and dryer, with a written inventory attached to the lease. If you would rather bring some of your own pieces, furnishing is a per-offer conversation, not a fixed condition. Tell me what you have in mind.
Are pets allowed?
Yes, pets are welcome, with a $500 pet deposit to the owner and the association's pet registration. Tell me about your pet and I will confirm the specifics for your situation.
What should I budget to move in?
Beyond the first month, plan for advance rent and a security deposit, the association's $100-per-adult application, and its move-in requirements. All-in, budget roughly four months of rent; I will give you the exact breakdown for your offer before you commit to anything.
What does the rent include?
The association dues are carried by the owner, so building amenities, valet and common services come with the residence. Electricity and internet are the tenant's.
How long is the lease?
One year, with a renewal option. The building does not permit short-term rentals; the minimum term is 30 days and a residence may lease no more than three times in twelve months.
What about parking?
One assigned space in the garage plus valet, and there is EV charging in the building.
I have an agent — can they show it?
Of course. Brokers can book through ShowingTime on MLS A12072235, or text me directly at 786-578-6900. Showings are by appointment and same-day is usually possible.

Arrange a viewing

See 1502 in person.

Showings are by appointment. Send a note and I will come back to you the same day, or reach me directly, which is usually faster.

Enrique Ponte Ojeda
Enrique Ponte Ojeda
Carmona Realty Group · Florida licensed (3571606)
#2 producer at the firm, 2025
AgentEnrique Ponte Ojeda · Carmona Realty Group
MLSA12072235

The floor plan and details land in your inbox the moment you send this.

About this listing. Residence 1502 at Paraiso Bay, 650 NE 32nd Street, Miami FL 33137, MLS A12072235, offered at $6,400 per month furnished; owner of record Delfani LLC. Listed by Enrique Ponte Ojeda, licensed Florida real estate associate (3571606), Carmona Realty Group. Photography of the residence commissioned by the listing brokerage. Amenity and common-area photography courtesy of the Paraiso Bay Condominium Association. All closed-sale and closed-lease figures are sourced from the Miami Association of Realtors MLS via Bridge IDX and are believed accurate as of 17 August 2026, but are not guaranteed. Square footage, dimensions and building details should be independently verified. Neither Enrique Ponte Ojeda nor Carmona Realty Group is affiliated with, endorsed by or sponsored by the Paraiso Bay Condominium Association, Related Group, or any restaurant or business operating at the property. Amenity access and building rules are governed by the association and subject to change. All information is subject to errors, omissions, change of price or withdrawal without notice. Equal Housing Opportunity.