tomo logo

$490,000

Beds
1
Baths
1.5
sq ft
618

501 NE 31st St Unit 2705, Miami, FL 33137

501 NE 31st St Unit 2705

Miami, FL 33137

  • <1 day on market
WATERVIEW UNIT with an open-concept design! This stunning 1-bed, 1.5-bath condo features a sleek kitchen with quartz countertops, a metal subway backsplash, and top-of-the-line Bosch appliances. Perched on the 27th floor in the exclusive “BUBBLE,” it offers an extended balcony with upgraded designer tile, showcasing breathtaking views of Biscayne Bay and Miami Beach. The master bath stuns with a dual-sink quartz vanity and a unique double-shower design. Amenities include a rooftop glass-enclosed pool, a second pool, tennis courts, gym, spa, sauna, grand saloon, theater, billiards, and a kids’ playroom. Steps from the Design District & Michael Schwartz’s restaurant!

Details

Property type

Condominium

Est. home value

$506,160

Lot size

Unknown

Price per sq ft

$793

Year built

2018

Annual property taxes

$7,588

Monthly HOA fee

$799

Price History

03/14/2025
SEF

SEF #A11763483

Listed
$490,000
-3.92%
03/14/2025
SEF

SEF #A11671119

Removed
$509,999
01/14/2025
SEF

SEF #A11671119

Price change
$509,999
-0.87%

Schools & Community

Neighborhood: 

Wynwood - Edgewater

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Florida Home Trust Mortgage Inc

Loan start date

August 2018

Original loan amount

$235,950

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

David Magro

Lender

Florida Home Trust Mortgage Inc

Loan start date

August 2018

Original loan amount

$235,950

Est. remaining balance

Not provided

Interest rate

5.87%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

David Magro

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/14/2025 at 10:05 PM

Listing updated: 03/14/2025 at 4:05 PM

Listed by: Orlando Jimenez, CasaMagna Realty LLC Phone #: (954) 659-1709

MLS: SEF #A11763483

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