Paraiso Bay

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Paraiso Bay condos for sale at 650 NE 32nd Street, Midtown Miami, emerge from a high-rise fifty-five-story tower on a multi-acre real estate footprint. Constructed by the Related Group in 2018 (as one part of a four-sky home tower project) and designed by Arquitectonica in collaboration with Keith Hobbs of United Design Partnership, the complex rests on 500 feet of Biscayne Bay frontage with fast access to Miami Downtown and the Miami Design District. The approximately 346 condominiums in this guard-gated community deliver floor plans from 919 to 6,676 square feet under air (UA)—one-bedroom models to penthouses with six-bedroom floor plans plus 6.5 bathrooms.

The Paraiso Bay Condo residential community appeals to wealthy snowbirds and families desiring Upper East Side neighborhood advantages (next to Biscayne Boulevard and the I 95) in close touch with the vibrant South Beach entertainment. Vivid green foliage campus outlooks in various directions are stunning backdrops to sensational waterway vistas, striking city views, night lightscapes, and a spectacular Miami Beach skyline (making this tower a gigantic attraction).

The prime Paraiso Bay condominium units sit tall among other modern Miami condos. They are within walking distance of several restaurants, bars, delis, and supermarkets. Twenty minutes away by Uber, you'll find outstanding shopping experiences in Lincoln Road retail outlets, Aventura Mall, and Bal Harbour Shops. Downtown Miami, pickleball venues, excellent schools, golf courses, museums, the Miami International Airport, and other big-city conveniences are also on tap.

Prospective condo buyers know that Paraiso Bay features are almost carbon copies of One Paraiso (a sister development only two floors less in height). As a result,  more than 180-degree flow-through floor plans, private elevator access in every unit, and nine-foot ceilings are standard, as are floor-to-ceiling high-impact windows and sliders, spacious walk-in closets in every residence, and smart-home technologies.

Notably, penthouses have ten-foot ceilings. Other benefits are energy-efficient HVAC systems, engineered wood, or Italian porcelain flooring. Finally, breathtaking gourmet kitchens deliver customized European flush cabinetry, oversized islands, and Sub-Zero, Miele, and Wolf appliances.

Monthly HOA fees of approximately $1.24 per square foot of condo ownership (UA) reflect a full-service amenity package that provides a private, gated complex on a 5-acre campus site, welcoming owners and guests through a dramatic double-entry lobby. From there, it extends to a swim hub comprising a kids' pool with an interactive water playground connected to a massive round zero-entry heated resident private pool. The latter combines an outdoor spa, cabanas, an alfresco summer kitchen area, a jogging circuit, lush gardens, and landscaped terraces integrated with an invitingly expansive sundeck.

With gender-centric steam and sauna facilities, the health spa is a signature feature, aligning closely with a high-tech, fully equipped fitness center. A multi-room clubhouse provides billiards, catering, media, a wine cellar, private screenings, a cigar lounge (with private humidors), and kiddies' play facilities.

The community's bayfront beach club is a fantastic attraction built around a sand-beach cum lounge area and an exclusive marina (with private deep-water slips), plus concierge dock services that offer a floating launch pad. Aside from this, speed boat and aquatic toy rentals are on-tap, as is a tennis center with two lighted tennis courts and one for multi-purpose options. Services in-community include the Amara At Paraiso bayfront restaurant by Michael Schwartz, concierge staff, valet parking, allocated resident garaging, an immaculately manicured campus, and building insurance.

Paraiso Bay Condos For Sale

650 Ne 32nd St Bh2, Miami
Reduced
$4.9 Million
$5,495,000

MLS#AX-11712304

650 Ne 32nd St Bh2
Miami, FL 33137

6

8

4

6,676 Sq Ft

Water Front

269 Days

650 Ne 32nd St Bh6, Miami
Reduced
$3,195,000
$3,399,000

MLS#AX-11784960

650 Ne 32nd St Bh6
Miami, FL 33137

4

5

2

3,341 Sq Ft

Water Front

150 Days

480 Ne 31st St 3501, Miami
$2.499 Million

MLS#AX-11682859

480 Ne 31st St 3501
Miami, FL 33137

4

5

2

1,871 Sq Ft

Water Front

1779 Days

480 Ne 31 Street 3907, Miami
$1,735,000

MLS#AX-11485838

480 Ne 31 Street 3907
Miami, FL 33137

3

3

1

1,649 Sq Ft

Water Front

671 Days

650 Ne 32nd St 4301, Miami
$1,700,000

MLS#AX-11833092

650 Ne 32nd St 4301
Miami, FL 33137

4

5

1

1,872 Sq Ft

Ocean Front

998 Days

650 Ne 32nd Street 4501, Miami
$1,699,000

MLS#FX-10524506

650 Ne 32nd Street 4501
Miami, FL 33137

4

5

1

1,872 Sq Ft

Ocean Access

200 Days

650 Ne 32nd St 1401, Miami
$1.5 Million

MLS#AX-11828724

650 Ne 32nd St 1401
Miami, FL 33137

3

4

1

1,646 Sq Ft

Water Front

81 Days

480 Ne 31st St 4207, Miami
Reduced
$1,489,000
$1,499,000

MLS#AX-11802684

480 Ne 31st St 4207
Miami, FL 33137

3

3

1

1,649 Sq Ft

Water Front

123 Days

480 Ne 31st St 4307, Miami
Reduced
$1,395,000
$1,425,000

MLS#AX-11796744

480 Ne 31st St 4307
Miami, FL 33137

3

3

1

1,649 Sq Ft

132 Days

480 Ne 31 St 2007, Miami
Reduced
$1,350,000
$1,495,000

MLS#AX-11744497

480 Ne 31 St 2007
Miami, FL 33137

3

3

2

1,649 Sq Ft

Water Front

1173 Days

New Construction

650 Ne 32nd St 4405, Miami
$1,250,000

MLS#AX-11846140

650 Ne 32nd St 4405
Miami, FL 33137

2

3

1

1,151 Sq Ft

Water Front

153 Days

480 Ne 31st St 4804, Miami
$1,125,000

MLS#AX-11824045

480 Ne 31st St 4804
Miami, FL 33137

2

3

1,186 Sq Ft

Intracoastal Waterway

88 Days


Paraiso Bay Summary

Paraiso Bay is a waterfront condominium building in Miami, Florida, with a range of options priced between $629,900 and $5,950,000. There are currently a total of 38 condos for sale in Paraiso Bay. The smallest Paraiso Bay condo presently available is a one bedroom one bathroom residence that is 706 square feet, and the largest of the Paraiso Bay condos currently on the market has six beds and six baths and is a 6,676 square foot residence.

The Paraiso Bay complex offers a plethora of amenities for its residents to enjoy, including a clubhouse, swimming pool, spa / hot tub, cabana, a state-of-the-art fitness center, sauna, game room, billiards room, hobby room, laundry facilities, business center, and a library. Sports facilities include a championship golf course, a putting green, tennis courts, pickleball courts, and basketball court. Onsite dining venues consist of a community kitchen, picnic area, barbecue area, and a bar / lounge.

Boating enthusiasts will love the fact that the community has boat facilities including a boat dock. There is also a community park, a playground, walking or jogging trails, a waterfront pier, as well as private beach access.

The Paraiso Bay HOA rules do allow homeowners to have pets although there are certain breed restrictions. There is a limit of how many pets you may have, and there is a restriction on pet size. Dogs are allowed.

The floor plans in Paraiso Bay are among several condo models such as the 06, 07, Line 01, Line 02, and the Line 03.

There are two commercial airports that serve Paraiso Bay - Miami International Airport (MIA), which is seven miles away, and Fort Lauderdale Hollywood International Airport (FLL), which is eighteen miles away.

Paraiso Bay real estate activity on the Miami MLS during the past year (as of September 2025) reflects twenty five condos changing hands, with an average asking price of $1,121,520 and an average selling price of $1,054,380. This represents a healthy list-to-sell price ratio of 94% and $865 per square foot. During this period, Paraiso Bay condos for sale have taken an average of 190 days to sell.

In addition, there are numerous other condo buildings in Miami to choose from, or you may browse all available Condos for sale in Miami. Condos for sale in Paraiso Bay are selling quickly. Set up a new listing alert, and we will notify you immediately when a new waterfront condo in Paraiso Bay hits the market. You can also always contact your ZFC Real Estate agent, who would happily assist you further with all your South Florida real estate needs.

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What schools are Paraiso Bay condos zoned for?

Where you live in Miami determines which public schools your children may attend, which directly influences condo values. Paraiso Bay condominiums are zoned for the following Miami Dade County school districts, making school zone boundaries a key factor in property desirability and market demand.

The data relating to homes for sale or lease or other real estate for sale or for rent on the ZFC website comes in part from a cooperative data exchange program of the MLS in which this Broker participates. The real estate displayed may not be all of the homes in the database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Homes for sale that are listed by Brokers other than this Broker are marked with either the listing Broker's name or the MLS name or a logo provided by the MLS and the details page about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. ZFC, the Florida Association of Realtors and its cooperating Multiple Listing Services do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law including the fair housing act prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. All listings featuring the BMLS logo are provided by Beaches Multiple Listing Service, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2025 Beaches MLS, Inc.All properties featuring the Miami Realtors logo are provided by the Miami Association of Realtors. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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