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480 NE 31st St # 1504, Miami FL 33137

Condo/Co-op For Sale
$1,060,000

BTC: 16.56250000

ETH: 588.88888889

110 days
Waterfront
2 bds
3 ba
1,186 sqft

Overview

Experience life at Gran Paraiso in Miami’s exclusive Paraiso District — where luxury meets lifestyle on Biscayne Bay. This unique layout with 2-bedroom plus enclosed den/3 baths showcases direct bay views, a deep private terrace, and a sleek open kitchen with Italian cabinetry and quartz countertops, perfect for entertaining or everyday elegance. Gran Paraiso offers a resort-style ambiance with a secure attended lobby, receiving services, and an impressive array of amenities — including a sprawling bayfront pool with lounge beds, a state-of-the-art fitness center, spa, bowling alley, business center, and stylish social lounges. Centrally located in Edgewater, Miami’s most connected neighborhood; residents are just minutes from the Design District, Wynwood, Midtown, Brickell, Downtown, Miami Beach, and the Airport. Whether you’re looking for an exceptional primary home, a Miami retreat, or a strong investment opportunity, this residence offers it all. Motivated seller! Rented until Nov 2026.

Location

Florida • Miami • 33137 • Condo/Co-op • For Sale • Waterfront

Details

Type:
Residential
Parking:
1 Space
Year Built:
2019
Lot:
No Data
Heating:
Central
Price/sqft:
$894
Cooling:
Central Air
HOA:
$1,756

Valuation

Our model vs. what's actually selling nearby.
Estimate
$899,000
$650K – $1.2M
Confidence Low
List vs. estimate
$161K above estimate
List $1,060,000 · +17.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$893
+58.4% vs. city median $564
Based on
927 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $667K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$15,169
2025
HOA
$1,756/mo
View
Bay
Waterfront
Yes
Garage
1 car garage
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Marble

    • Other

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Microwave

    • Electric Range

    • Wall Oven

    • Washer

    Other interior features

    • Lobby

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 3

  • Parking

    • 1 Space

    Property

    • Exterior Features: East Of Us1 / Open Balcony

    Other Property Information

    • Parcel Number: 01-32-30-108-1310

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,756

    • HOA Frequency: Monthly

    • Annual tax amount: $15,169

  • Source details

    • MLS ID: A11961929

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1186

    • Subdivision Name: GRAN PARAISO CONDO

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
View all
This zip
33137
632
median $819K
Active
Same city
Miami
12,162
median $650K
Active
Same type
Condo/Co-op
6,436
median $499K
Active
Similar price
$742K – $1.4M
2,427
median $945K
Active

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: Douglas Elliman