ALERTS FOR PARAISO BAY
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Mark Zilbert is a Miami real estate agent who follows every listing and sale at Paraiso Bay. Buyers and sellers can call or text Mark at (786) 280-0201.
Building Facts
| Developer | The Related Group |
|---|---|
| Architect | Arquitectonica |
| Year Built | 2018 |
| Units | 364 |
| Unit sizes | 706 – 6,676 SqFt |
About Paraiso Bay
Paraiso Bay is a 364-residence condo on Biscayne Bay at 650 NE 32nd Street, completed in 2018 for the Related Group. Arquitectonica designed it with tinted floor-to-ceiling impact glass and private elevators, and Plaza Construction built it, with a penthouse by Piero Lissoni. Residences go from one to five bedrooms, 706 to 6,676 SqFt. It shares a circular zero-entry pool deck with its neighbor tower, and residents also have a golf simulator, bowling, a cigar room, a wine room and tennis.
By Mark Zilbert, Global Real Estate Advisor · updated October 2026
Asking prices by bedrooms: 1 bed $645K to $810K · 2 beds $875K to $985K · 3 beds $3M to $3.4M · 4 beds from $1.9M · 5+ beds from $4.6M
For Sale
24 units · avg asking $846/SqFt
| Unit ⇅ | Price ⇅ | Listed ⇅ |
|---|---|---|
| 15081 bed · 706 SqFt | $625,000$885/SqFt · ▼2.3% | 8/28/268/28 |
| 9081 bed · 706 SqFt | $645,000$914/SqFt | 8/3/268/3 |
| 21081 bed · 706 SqFt | $675,000$956/SqFt | 3/8/263/8 |
| 31081 bed · 706 SqFt | $680,000$963/SqFt · ▼5.4% | 10/14/2510/14/25 |
| 45081 bed · 706 SqFt | $720,000$1,020/SqFt | 8/4/268/4 |
| 44071 bed · 898 SqFt | $798,500$889/SqFt | 6/14/266/14 |
| 37071 bed · 898 SqFt | $810,000$902/SqFt | 9/28/269/28 |
| 24062 bed · 1,067 SqFt | $830,000$778/SqFt · ▼3.5% | 9/29/269/29 |
| 33021 bed · 1,055 SqFt | $855,800$811/SqFt · ▼0.4% | 9/20/269/20 |
| 18042 bed · 1,193 SqFt | $875,000$733/SqFt | 10/23/2610/23 |
| 18052 bed · 1,198 SqFt | $879,000$734/SqFt · ▼1.1% | 4/13/264/13 |
| -2 bed · 1,151 SqFt | $880,000$765/SqFt · ▼10.2% | 4/12/254/12/25 |
| 20062 bed · 1,067 SqFt | $880,000$825/SqFt · ▼7.4% | 3/3/253/3/25 |
| 41052 bed · 1,151 SqFt | $890,000$773/SqFt | 9/20/269/20 |
| 2205Under Contract2 bed · 1,151 SqFt | $899,000$781/SqFt | 2/9/262/9 |
| 42062 bed · 1,067 SqFt | $935,000$876/SqFt · ▼5.1% | 7/23/257/23/25 |
| 44062 bed · 1,067 SqFt | $945,000$886/SqFt | 9/16/269/16 |
| 42052 bed · 1,151 SqFt | $970,000$843/SqFt | 7/6/267/6 |
| 30052 bed · 1,151 SqFt | $985,000$856/SqFt | 12/2/2512/2/25 |
| 12032 bed · 1,198 SqFt | $1,050,000$876/SqFt · ▼4.5% | 8/25/268/25 |
| 39014 bed · 1,872 SqFt | $1,895,000$1,012/SqFt | 6/29/266/29 |
| BH73 bed · 3,175 SqFt | $3,000,000$945/SqFt | 10/14/2510/14/25 |
| BH43 bed · 3,336 SqFt | $3,350,000$1,004/SqFt | 5/26/265/26 |
| BH26 bed · 6,676 SqFt | $4,599,000$689/SqFt | 7/23/267/23 |
Pending Sales
Under contract, awaiting closing. The freshest signal of where prices are settling. In the MLS: For sale is Active or Active with Contract; these are Pending. The price shown is the asking price. The closed price appears in Sold when it records.
| Unit ⇅ | Price ⇅ | Pending ⇅ |
|---|---|---|
| BH64 bed · 3,341 SqFt | $2,959,000$886/SqFt | 10/28/2610/28 |
| 6022 bed · 1,175 SqFt | $798,000$679/SqFt | 9/10/269/10 |
2 residences under contract
Sold · Last 12 Months
17 closed sales · avg $773/SqFt · avg 96% of last asking price
| Unit ⇅ | Sold Price ⇅ | % of Ask ⇅ | Closed ⇅ |
|---|---|---|---|
| 21042 bed · 1,193 SqFt | $895,000list $895,000 | 100% | 10/28/2610/28 |
| 8022 bed · 1,175 SqFt | $740,000list $750,000 | 99% | 10/23/2610/23 |
| 20052 bed · 1,151 SqFt | $860,000list $883,000 | 97% | 10/19/2610/19 |
| 15071 bed · 898 SqFt | $700,000list $710,000 | 99% | 10/16/2610/16 |
| 41042 bed · 1,193 SqFt | $879,000list $879,000 | 100% | 10/2/2610/2 |
| 29014 bed · 1,872 SqFt | $1,660,000list $1,699,000 | 98% | 9/15/269/15 |
| 43071 bed · 898 SqFt | $700,000list $735,000 | 95% | 8/6/268/6 |
| 22013 bed · 1,646 SqFt | $1,390,000list $1,450,000 | 96% | 7/24/267/24 |
| 27032 bed · 1,198 SqFt | $870,000list $895,000 | 97% | 5/29/265/29 |
| 25071 bed · 898 SqFt | $750,000list $780,000 | 96% | 4/29/264/29 |
| 35032 bed · 1,198 SqFt | $870,000list $895,000 | 97% | 4/7/264/7 |
| 16013 bed · 1,646 SqFt | $1,325,000list $1,450,000 | 91% | 3/5/263/5 |
| 45032 bed · 1,198 SqFt | $875,000list $925,000 | 95% | 2/25/262/25 |
| 42032 bed · 1,198 SqFt | $895,000list $949,000 | 94% | 2/25/262/25 |
| 10042 bed · 1,193 SqFt | $850,000list $899,000 | 95% | 2/17/262/17 |
| 38071 bed · 898 SqFt | $769,000list $769,000 | 100% | 2/2/262/2 |
| 29071 bed · 898 SqFt | $700,000list $795,000 | 88% | 1/7/261/7 |
% of ask compares the closed price to the final list price. The building's full sold history, 207 sales, lives on the archive view.
Lines and Floorplans
A line is a stack of identical residences, the same plan and views, one above another. Each line’s last sale is the cleanest comp a buyer can get.
| Line ⇅ | Beds ⇅ | SqFt ⇅ | Plan |
|---|---|---|---|
| 01 | 4 / 4½ | 2,141 | — |
| 02 | 1 / 2 | 1,055 | — |
| 03 | 2 / 2½ | 1,286 | — |
| 04 | 2 / 2½ | 1,272 | — |
| 05 | 2 / 2½ | 1,256 | — |
| 06 | 2 / 2 | 1,206 | — |
| 07 | 3 / 3 | 1,702 | — |
Let me know when a unit lists at Paraiso Bay
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Location
650 NE 32nd Street · Edgewater
Ask Mark About This Condo
Paraiso Bay, 650 NE 32nd Street, Miami
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