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Built in 2018 - 364 units - 53 floors

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Building Information

Paraiso Bay

Number of units: 364
Active listings for rent: 24
Active listings for sale: 27
Building inventory for sale: 7%
Number of sales over the last 12 months: 19
Number of sales over the last 6 months: 9
Number of sales over the last 3 months: 7
Avg. time to close over last 12 months: 145 days

Address

650 NE 32 St, Miami, Miami-Dade, FL, 33137

Paraiso Bay Residences
Address: 650 NE 32nd St,
Miami, FL 33137
Phone: +1 305-390-0416

Link: https://www.paraisobaycondomiami.com/index.htm

Recent Sales

Unit # Size Closing Date Sale Price PPSF
4601 1,872 sq ft Apr 2024 $1,625,000 $868
3901 1,872 sq ft Apr 2024 $1,500,000 $801
3803 1,198 sq ft Apr 2024 $965,000 $806
2906 1,067 sq ft Mar 2024 $890,000 $834
4504 1,193 sq ft Mar 2024 $965,000 $809

Market Information

Building vs Area

Paraiso Bay: $745/sq. ft.
Miami: $669/sq. ft.

Area vs City

Miami $669/sq. ft.
Miami-Dade $694/sq. ft.

Inventory for sale

Miami: 4%
Miami-Dade: 3%

Avg. time to close over last 12 months

Paraiso Bay 145 days
Miami: 84 days
Miami-Dade: 81 days