Available now · Edgewater, Miami
Paraiso Bay 1502 650 NE 32nd Street, Miami FL 33137
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.
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 residence
Room by room.
Residence 1502 sits in the "02" line, the east-facing stack that looks out over Biscayne Bay with the two Paraiso towers framing the view. It is offered furnished — arrive with suitcases.
01The terrace
Two hundred and seventeen square feet of terrace, fifteen floors over the pool deck.
02The main room
Living, dining and the kitchen keep one open room, and the room keeps the water. The den sits just off it — study by day, guest room when needed.
03The primary suite
Bedroom, bath and fitted closet run in one private line.
04The second suite, and the rest
A second bedroom with its own bath and fitted closet, a third full bath for guests, and laundry inside the residence.
05The plan
Plan R02m — the room dimensions, and where the "02" line sits in the tower.
Tap a room on the plan to see its photo.Tap the plan to zoom.
06The finish
- Open kitchen with quartz waterfall island and seating
- Integrated cabinetry and stainless appliances
- Large-format tile floors throughout
- Built-in closets in both bedrooms
- Full-height impact glass and roller shades
- In-residence washer and dryer
- Three full baths, walk-in showers
- Assigned garage parking
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.
- 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.
On the market right now · 2 bed, 1,140–1,210 sq ft
| Unit | Sq ft | Ask | Status | Days |
|---|---|---|---|---|
| 1502 | 1,175 | $6,400 | This residence, furnished | New |
| 3405 | 1,151 | $6,750 | Active | 11 |
| 703 | 1,198 | $5,900 | Active | 1 |
| 3505 | 1,151 | $7,000 | Under contract | 58 |
| 805 | 1,151 | $6,900 | Under contract | 20 |
| 4805 | 1,151 | $6,750 | Under contract | 30 |
| 2005 | 1,151 | $6,500 | Under contract | 11 |
| 1404 | 1,193 | $6,500 | Under contract | 41 |
| 1903 | 1,198 | $6,000 | Under contract | 8 |
| 2102 | 1,175 | $5,850 | Under contract | 7 |
| 1102 | 1,175 | $5,500 | Under contract | 4 |
Closed in the same size class
| Unit | Sq ft | Asked | Closed | Days | Closed |
|---|---|---|---|---|---|
| 4405 | 1,151 | $7,100 | $7,100 | 43 | Jul 2026 |
| 1605 | 1,151 | $6,000 | $6,000 | 11 | Jul 2026 |
| 2804 | 1,193 | $6,200 | $6,200 | 14 | Jun 2026 |
| 3903 | 1,198 | $6,500 | $6,500 | 13 | Jun 2026 |
| 4505 | 1,151 | $6,400 | $6,400 | 19 | Jun 2026 |
| 1002 | 1,175 | $6,500 | $6,500 | 86 | Apr 2026 |
| 602 | 1,175 | $5,400 | $4,900 | 11 | Feb 2026 |
| 1402 | 1,175 | $5,950 | $6,500 | 48 | Dec 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.
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.
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.
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.
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?
What does "furnished" include — and can it be adjusted?
Are pets allowed?
What should I budget to move in?
What does the rent include?
How long is the lease?
What about parking?
I have an agent — can they show it?
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.
#2 producer at the firm, 2025
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.