About Paraiso Bayviews
Developed by Related Group · Designed by Arquitectonica
Paraiso Bayviews is a condominium tower at 501 NE 31st Street, developed by the Related Group and designed by Arquitectonica as the entry-level tower of its Paraiso District, with public areas designed by Karim Rashid. Completed in 2018, it holds roughly 400 residences (published counts run from 391 to 400) in about 44 stories (sources say 43 to 46).
It sits just inland from the bay in the northern part of Edgewater, close to its Paraiso District neighbors and to Midtown. Because several towers in the district have similar names, check the address and association on any listing.
Building Fees & Assessments
MLS listings for Paraiso Bayviews have shown a median association fee around $1.39/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Paraiso Bayviews's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Paraiso Bayviews pet-friendly?
Paraiso Bayviews does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at Paraiso Bayviews?
Long-term rentals are generally permitted at Paraiso Bayviews, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Where is Paraiso Bayviews?
At 501 NE 31st Street in northern Edgewater, in the Related Group's Paraiso District, a short walk from Biscayne Bay.
Who designed Paraiso Bayviews?
Arquitectonica was the architect and the Related Group the developer; Karim Rashid designed the public areas. It was completed in 2018.
How many units does Paraiso Bayviews have?
Published counts range from about 391 to 400 residences. Ask the association for the exact current number.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
