For sale

$3,475,000

480 NE 31st St #Penthouse 5101, Miami, FL 33137

4beds

2,663sqft

$24,429/mo

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Condominium

Built in 2019

-- sqft lot

$3,225,400 Zestimate^®

$1,305/sqft

$-- HOA

What's special

Tennis courtsPrivate cellarOutdoor parkUnobstructed ocean viewsClosets by italkraftGorgeous floorsElectric blinds and blackouts

One of a kind stunning PH with unobstructed ocean views. 4 beds and 4 1/2 baths with gorgeous floors, wraparound balcony facing east and west with a mini-Jacuzzi to enjoy the ocean views, closets by ItalKraft, electric blinds and blackouts, 4 parking spaces, 1 storage, private cellar, top of the line appliances and 12"ceilings. Gran Paraiso offers outdoor park, Cabanas, Pools, Tennis Courts, Lounges, Library, Wine Room, Game Room, Spa, Gym, Theater. You are steps to Midtown, Design District, Downtown and only a bridge away from Miami Beach. Enjoy the unbelievable sunrises in Gran Paraiso.

217 days
208
7

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1

Heating

Electric

Cooling

Electric

Appliances

Included: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer

Features

Closet Cabinetry, Walk-In Closet(s)
Flooring: Ceramic Tile
Doors: High Impact Doors
Windows: Blinds, High Impact Windows

Interior area

Total structure area: 3,534
Total interior livable area: 2,663 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 4
Parking features: 2 Or More Spaces, Valet
Attached garage spaces: 4

Features

Entry location: First Floor Entry
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Lot

Features: East Of Us1

Details

Parcel number: 0132301082950

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 2019

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Lobby Secured, TV Camera
Application fee: $0
Pet fee: $0
Subdivision: Gran Paraiso Condo

HOA

Has HOA: Yes
Amenities included: Barbecue, Business Center, Playground, Community Room, Elevator(s), Fitness Center, Other, Pool, Sauna, Spa/Hot Tub

Location

Region: Miami

Financial & listing details

Price per square foot: $1,305/sqft
Tax assessed value: $2,590,759
Annual tax amount: $47,599
Date on market: 2/5/2026
Listing terms: All Cash,Conventional

Estimated market value

$3,225,400

$3.06M - $3.39M

Not available

Price history

Date	Event	Price
7/30/2026	Listing removed	$19,750$7/sqft
Source: Zillow Rentals Report a problem
6/4/2026	Listed for rent	$19,750+3.9%$7/sqft
Source: Zillow Rentals Report a problem
5/7/2026	Listing removed	$19,000$7/sqft
Source: MIAMI #A11959549 Report a problem
4/28/2026	Price change	$19,000-3.8%$7/sqft
Source: MIAMI #A11959549 Report a problem
2/20/2026	Listed for rent	$19,750$7/sqft
Source: MIAMI #A11959549 Report a problem
2/9/2026	Listing removed	$19,750$7/sqft
Source: MIAMI #A11959549 Report a problem
2/6/2026	Listed for rent	$19,750+6.8%$7/sqft
Source: MIAMI #A11959549 Report a problem
2/5/2026	Price change	$3,475,000-20.1%$1,305/sqft
Source: MIAMI #A11958649 Report a problem
5/22/2024	Listing removed	--
Source: MIAMI #A11573751 Report a problem
4/25/2024	Listed for rent	$18,500$7/sqft
Source: MIAMI #A11573751 Report a problem
4/25/2024	Price change	$4,350,000+3.6%$1,633/sqft
Source: MIAMI #A11574255 Report a problem
5/23/2023	Listing removed	--
Source: MIAMI #A11358687 Report a problem
4/5/2023	Price change	$4,200,000-4.5%$1,577/sqft
Source: MIAMI #A11365862 Report a problem
3/21/2023	Listed for rent	$18,500-9.8%$7/sqft
Source: MIAMI #A11358687 Report a problem
3/3/2023	Listing removed	--
Source: MIAMI #A11313535 Report a problem
12/12/2022	Price change	$20,500-8.9%$8/sqft
Source: MIAMI #A11313535 Report a problem
12/6/2022	Listed for sale	$4,400,000$1,652/sqft
Source: Douglas Elliman #A11251763 Report a problem
12/6/2022	Listing removed	$4,400,000$1,652/sqft
Source: MIAMI #A11251763 Report a problem
9/15/2022	Listed for rent	$22,500$8/sqft
Source: Zillow Rental Network_1 #A11273341 Report a problem
8/8/2022	Listed for sale	$4,400,000+33.3%$1,652/sqft
Source: MIAMI #A11251763 Report a problem
1/7/2022	Listing removed	--
Source: MIAMI #A11024683 Report a problem
4/9/2021	Listed for sale	$3,300,000$1,239/sqft
Source: MIAMI #A11024683 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$47,599 +7.2%	$2,277,446 +10%
2024	$44,414 +3.5%	$2,070,406 +10%
2023	$42,932 +21.7%	$1,882,188 +10%
2022	$35,274 +1.9%	$1,711,080 +5%
2021	$34,623 -20.2%	$1,629,600 -20%
2020	$43,384 +3495.7%	$2,037,000 +3503.8%
2019	$1,207	$56,523