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480 NE 31st Street, Miami FL 33137

Condo/Co-op For Sale
$3,245,000

BTC: 40.81761006

ETH: 1,377.50402214

-$50K (2026/10/02)
172 days
Waterfront
4 bds
4 ba
2,792 sqft

Overview

PRICE IMPROVEMENT!!! Discover unparalleled luxury in this exquisite corner penthouse at Gran Paraiso, with breathtaking sunrise and sunset views. This expansive 4-bedroom, 4.5-bathroom residence spans 2,792 square feet and features a magnificent 951-square-foot wraparound balcony, perfect for enjoying Miami's stunning vistas, complete with an outdoor jacuzzi for ultimate relaxation. Inside, experience a gourmet Italian kitchen equipped with top-of-the-line Sub-Zero refrigeration and Wolf appliances, ideal for culinary enthusiasts. Two assigned parking spaces and access to Gran Paraiso's world-class amenities, including a 100-foot lagoon-shaped pool with towel service, tennis courts, a state-of-the-art gym, a tranquil hammam, a dedicated kids' playroom, and a convenient dog park. *Some images have been generated with AI. Open to shorter term leases as well. First, last and security deposit plus a deposit to the association. 4 total

Location

Details

Type:
Residential
Parking:
2 Or More Spaces / Assigned / Awning / Covered / Detached / Electric Vehicle Charging Station(s) / Garage-Under Building / No Boats / Parking Garage / Parking-Under Building
Year Built:
2019
Lot:
No Data
Heating:
Electric
Price/sqft:
$1,162
Cooling:
Central Air
HOA:
$3,562

Valuation

Our model vs. what's actually selling nearby.
Estimate
$3,195,000
$2.6M – $3.7M
Confidence Low
List vs. estimate
At estimate
List $3,245,000 · +1.6%
List is in line with recent comparable activity.
Price per sq ft
$1,162
+103.4% vs. city median $571
Based on
5 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $745K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$55,240
2025
HOA
$3,562/mo
Pool
Community
View
Bay, Ocean
Waterfront
Yes
Garage
2 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Marble

    • Other

    • Wood

    Heating

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Ice Maker

    • Microwave

    • Electric Range

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • Lobby

    • Built-in Features

    • Closet Cabinetry

    • Cooking Island

    • Entrance Foyer

    • French Doors

    • Volume Ceilings

    • Walk-In Closet(s)

    Bedrooms and bathrooms

    • Bedrooms: 4

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • 2 Or More Spaces

    • Assigned

    • Awning

    • Covered

    • Detached

    • Electric Vehicle Charging Station(s)

    • Garage-Under Building

    • No Boats

    • Parking Garage

    • Parking-Under Building

    Property

    • Levels: 53

    • Pool Private: Yes

    • Exterior Features: Barbeque / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-108-3100

    • Zoning: 4604

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Sewer Connected

    • Cable Available

    • Electricity Available

    • Sewer Available

    • Water Available

  • Other financial information

    • HOA: $3,562

    • HOA Frequency: Monthly

    • Annual tax amount: $55,240

  • Source details

    • MLS ID: B26025251

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Pool Features: Community / Hot Tub / Pool/Spa Combo

    • Direction Faces: Northeast

    • Other Structures: Livable

    • Architectural Style: Corner Unit / One Story

    • Waterfront: Yes

    • Garage Spaces: 2

    • Garage: Yes

    • Living Area: 2792

    • Water Source: Public

    • Subdivision Name: GRAN PARAISO CONDO

Private inquiry
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: One Sotheby's International Realty