501 NE 31 ST 2701, Miami, FL 33137

Parcel: 0132300960240 · Residential · Condominium - Residential · Zoning: 4604

Assessed Value (2025)
$644,636

Property Details

Beds
3
Baths
2
Living Sqft
1,110
Year Built
2018
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$749,900
2018-08-10
PRH PARAISO FOUR LLCBAYVIEWS 2701 LLC
2
$775,000+3%
2023-03-29
BAYVIEWS 2701 LLCTOM ENNIS
3
$775,000
2023-04-07
4
$800,000+3%
2023-09-05
TOM ENNISSINAN CEPEL

Tax Assessment History

$644,636
Assessed (2025)
$644,636
Market Value
$644,636
Taxable Value
$13,124
Annual Tax
2024
$664,573
2025
$644,636
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $644,636 $644,636 $644,636 $13,124
2024 $664,573 $664,573 $664,573 $13,530

About 501 NE 31 ST 2701, Miami, FL 33137

501 NE 31 ST 2701, Miami, FL 33137 is a 3-bedroom, 2-bathroom residential - total value : condominium - residential built in 2018 with 1,110 square feet of living space. The property is currently owned by SINAN CEPEL, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2023-09-05 for $800,000, when TOM ENNIS sold to SINAN CEPEL. The property has appreciated $25,000 (3%) since the prior sale of $775,000 on 2023-04-07. There are 4 recorded sales for this property.

The 2025 assessed value is $644,636 with a market value of $644,636. The assessed value decreased 3% from $664,573 in 2024. The median household income in this area is $118,772, and the median home value is $664,400.

The population density is 36,695 people per square mile. There are active mortgage liens totaling $543,459 recorded against this property. 501 NE 31 ST 2701, Miami, FL 33137 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2018 to 2023, with 4 recorded transactions in the public record. The current assessed value represents 81% of the most recent sale price.

Based on the most recent sale, this property traded at $721 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

SINAN CEPEL
180 BROOME ST 1007, NEW YORK, NY, 10002
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$4,267 — $7,246
Flood $400 — $800
Property/Wind $3,867 — $6,446

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$118,772
Median Home Value$664,400
Pop. Density36,695/sq mi

Neighborhood 33137

28.8%
Owner-Occ
71.2%
Investor
365
Flips (4yr)
11,928
New Biz (3yr)
Distress Risk
MODERATE
32
View full risk analysis →

Mortgages

ACTIVE
$560,000
~$543,459 bal.
BARRETT FINANCIAL GROUP LLC · 2023-09-15
1 satisfied mortgage
SATISFIED 2023-04-07
$581,250
WELLS FARGO BANK NA
Est. Total Balance $543,459
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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