
Paraiso Bay
650 NE 32nd St, Miami, FL 33137 · Miami
About Paraiso Bay
Paraiso Bay is a condominium at 650 NE 32nd St in Edgewater, completed in 2018. Units in the building trade for both sale and annual lease, and every one currently on the market is shown below with live pricing pulled straight from the MLS.
Residences range from 1-bedroom homes to 6-bedroom residences. Building amenities include elevator secure, exercise room, lobby secured, bar, business center and card entry. Further down the page you'll find a full twelve-month market report — closed sale and rental prices, price per square foot, and time on market.
Building Facts
- Address
- 650 NE 32nd St, Miami, FL 33137
- Year Built
- 2018
- Median Price / SqFt
- $856
Paraiso Bay Amenities
- Elevator Secure
- Exercise Room
- Lobby Secured
- Bar
- Business Center
- Card Entry
- Clubhouse-Clubroom
- Elevator(s)
- Heated Pool
- Pool
- Secured Garage/Parking
- Spa/Hot Tub
- Tennis Court(s)
Paraiso Bay Residence Features
- Bay
- Dishwasher
- First Floor Entry
- Dryer
- Open Balcony
- Skyline
- Blinds
- Built-in Features
- Ceramic Floor
- Complete Impact Glass
- Disposal
- Electric Range
- Electric Water Heater
- Elevator
- Ice Maker
- Impact Glass
- Maid/In-Law Quarters
- Ocean View
- Pantry
- Refrigerator
- Roman Tub
- Second Floor Entry
- Storage
- Tile
Features vary by residence — confirm details for any specific unit with us.
Floor Plans & Residences at Paraiso Bay
Residence configurations observed across current and recent Paraiso Bay listings:
| Residence | Size Range | For Sale | For Rent | Sale Pricing | Avg $/SqFt |
|---|---|---|---|---|---|
| 1 Bed / 2 Bath | 706–1,014 sqft | 7 | — | $645K – $849K | $933 |
| 2 Bed / 2 Bath | 1,067–1,198 sqft | 4 | — | $880K – $935K | $853 |
| 2 Bed / 3 Bath | 1,151–2,880 sqft | 10 | — | $750K – $985K | $756 |
| 3 Bed / 4 Bath | 1,646–3,175 sqft | 1 | 3 | $3.0M | $945 |
| 4 Bed / 5 Bath | 1,872–3,341 sqft | 2 | — | $1.9M – $3.0M | $949 |
| 4 Bed / 6 Bath | 4,210 sqft | — | 1 | — | — |
Derived from live MLS data — request official floor plans and we'll send the developer set for your line.
Paraiso Bay Listings
Paraiso Bay Condos for Sale
Paraiso Bay Condos for Rent
Paraiso Bay Pending Sales
Paraiso Bay Pending Rentals
Paraiso Bay Sold Condos
Paraiso Bay Rented Condos


























Paraiso Bay Market Report
Over the last 12 months, 10 condo sales closed in Paraiso Bay at a median of $870K ($780/sqft), median 95 days on market. Median sold prices are down 6.5% year-over-year. 92 leases were signed at a median of $5,500/mo ($5.35/sqft). Computed from recorded MLS closings; updates automatically.
Last 12 Months by Bedroom Count
| Residence | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| 1 Bed | 4 | $750K | $835 | 80 | 38 | $4,500 | $5.95 |
| 2 Bed | 5 | $870K | $726 | 95 | 43 | $5,900 | $5.09 |
| 3 Bed | 1 | $1.4M | $844 | 351 | 6 | $8,500 | $5.16 |
| 4+ Bed | — | — | — | — | 5 | $10,000 | $5.34 |
Month-by-month table — All
| Month | Sales | Median Sold | Sold $/SqFt | DOM | Leases | Median Rent | Rent $/SqFt |
|---|---|---|---|---|---|---|---|
| Sep 2025 | — | — | — | — | 12 | $5,500 | $5.01 |
| Oct 2025 | — | — | — | — | 11 | $5,250 | $5.01 |
| Nov 2025 | — | — | — | — | 7 | $5,500 | $5.34 |
| Dec 2025 | — | — | — | — | 7 | $5,200 | $5.21 |
| Jan 2026 | 1 | $700K | $780 | 80 | 9 | $5,600 | $5.93 |
| Feb 2026 | 4 | $875K | $747 | 44 | 7 | $5,500 | $5.16 |
| Mar 2026 | — | — | — | — | — | — | — |
| Apr 2026 | 2 | $870K | $835 | 95 | 5 | $6,000 | $6.23 |
| May 2026 | 1 | $870K | $726 | 105 | 8 | $5,500 | $5.35 |
| Jun 2026 | — | — | — | — | 10 | $6,000 | $5.43 |
| Jul 2026 | 1 | $1.4M | $844 | 351 | 6 | $6,000 | $5.95 |
| Aug 2026 | 1 | $700K | $780 | 262 | 10 | $5,600 | $5.78 |
Location
Similar Buildings to Paraiso Bay
Buyers weighing Paraiso Bay tend to shortlist these Edgewater buildings in a comparable price band:
Paraiso Bay — Frequently Asked Questions
What do condos at Paraiso Bay sell for?
What you'll pay at Paraiso Bay depends on the line, the floor, the view and the level of finish. Every residence on the market is listed here at live MLS pricing, and the market report above follows median sold prices and price per square foot across the past twelve months.
Is there anything for sale at Paraiso Bay right now?
Inventory at Paraiso Bay turns over constantly, and this page feeds directly from the MLS — so whatever is currently offered for sale or for lease appears above, with photos, pricing and the full details.
Can I rent a unit at Paraiso Bay?
Yes — Paraiso Bay keeps an active rental market, with annual leases coming available regularly. You'll find current rentals and recent leasing activity, median rents included, on this page. The association sets the minimum lease term, so ask us for the building's current rental policy.
What's the resale market like at Paraiso Bay?
Residences at Paraiso Bay change hands regularly. The market report above lays out the last twelve months of closed sales — median price, price per square foot and time on market — refreshed continuously from the MLS.
When was Paraiso Bay built?
Paraiso Bay was completed in 2018.
Where is Paraiso Bay located?
Paraiso Bay sits at 650 NE 32nd St, Miami, FL 33137, in the Edgewater neighborhood of Miami. The location map above shows its exact position and what surrounds it.
More information about Paraiso Bay
Paraiso Bay is a condominium building in Edgewater, Miami, FL 33137, in Miami-Dade County. The building was completed in 2018. This page carries every Paraiso Bay residence currently listed for sale or lease at live MLS pricing, together with a twelve-month market report on closed sales, rentals, price per square foot and time on market. Buildings often compared with it in Edgewater include Biscayne Beach, Paramount Bay, Aria Reserve. To arrange a private showing, check what's available now, or ask about off-market opportunities at Paraiso Bay, reach Matthew Gromadzki at +1 786-370-8570.

