For sale

$3,295,000

480 NE 31st Street #Ph5104, Miami, FL 33137

4beds

2,792sqft

$27,983/mo

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Condominium

Built in 2019

-- sqft lot

$3,080,700 Zestimate^®

$1,180/sqft

$5,227/mo HOA

What's special

Corner penthouseTennis courtsGourmet italian kitchenWolf appliancesTop-of-the-line sub-zero refrigeration

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. Residents benefit from 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

89 days

155

4

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 5
Full bathrooms: 4
1/2 bathrooms: 1
Main level bathrooms: 4
Main level bedrooms: 4

Heating

Electric

Cooling

Central Air

Appliances

Included: Cooktop, Dryer, Dishwasher, Electric Cooktop, Electric Range, Freezer, Disposal, Ice Maker, Microwave, Oven, Refrigerator, Wine Refrigerator, Washer
Laundry: Inside, Laundry Closet, Laundry Room, Washer Dryer Install Allowed

Features

Built-in Features, Closet Cabinetry, Entrance Foyer, High Ceilings, Kitchen Island, Kitchen/Dining Combo, Other, Walk-In Closet(s)
Flooring: Marble, Other, Wood
Doors: French Doors
Windows: Storm Window(s)
Has fireplace: No

Interior area

Total structure area: 2,792
Total interior livable area: 2,792 sqft

Video & virtual tour

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Property

Parking

Total spaces: 2
Parking features: Assigned, Covered, Detached, Electric Vehicle Charging Station(s), Garage
Garage spaces: 2

Accessibility

Accessibility features: None

Features

Levels: One
Stories: 1
Patio & porch: Open, Balcony
Exterior features: Balcony, Barbecue, Outdoor Living Area
Has private pool: Yes
Pool features: Pool/Spa Combo, Association
Has view: Yes
View description: Bay, City, Ocean, Pool, Water
Has water view: Yes
Water view: Bay,Ocean,Water
Waterfront features: Bayfront, None, Ocean Front
Frontage length: 0.00,0.00

Details

Parcel number: 0132301083100
Zoning: 4604
Special conditions: Standard

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

Block
Roof: Concrete

Condition

Resale
New construction: No
Year built: 2019

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Sewer Available, Water Connected

Community & HOA

Community

Features: Home Owners Association, Property Manager On-Site
Security: Fire Alarm, Key Card Entry, Lobby Secured
Pet deposit fee: $100
Subdivision: GRAN PARAISO CONDO

HOA

Has HOA: Yes
Amenities included: Bike Storage, Business Center, Cabana, Clubhouse, Dog Park, Fitness Center, Maintenance Grounds, Hobby Room, Hot Water, Management, Maintenance, Picnic Area, Playground, Pool, Parking, Recreation Facilities, Sauna, Spa/Hot Tub, Security, Trash, Elevator(s)
Services included: Common Areas, Pool(s), Recreation Facilities, Reserve Fund, Roof, Sewer, Trash, Water
HOA fee: $3,562 monthly
Second HOA fee: $1,665 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,180/sqft
Tax assessed value: $2,643,045
Annual tax amount: $55,240
Date on market: 5/7/2026
Cumulative days on market: 90 days
Listing terms: Cash,Conventional
Electric utility on property: Yes

Estimated market value

$3,080,700

$2.93M - $3.23M

Not available

Price history

Date	Event	Price
2/10/2026	Price change	$3,295,000-2.9%$1,180/sqft
Source: BeachesMLS #F10529096 Report a problem
11/18/2025	Price change	$3,395,000-2.9%$1,216/sqft
Source: BeachesMLS #F10529096 Report a problem
9/29/2025	Listed for sale	$3,495,000-1.5%$1,252/sqft
Source: BeachesMLS #F10529096 Report a problem
5/13/2025	Listing removed	$3,550,000$1,271/sqft
Source: MIAMI #A11698648 Report a problem
1/9/2025	Price change	$3,550,000-4.1%$1,271/sqft
Source: MIAMI #A11698648 Report a problem
11/25/2024	Listed for sale	$3,700,000+27.5%$1,325/sqft
Source: MIAMI #A11698648 Report a problem
7/19/2019	Sold	$2,900,900$1,039/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$55,241 +7.2%	$2,643,045 +10%
2024	$51,544 +3.5%	$2,402,769 +10%
2023	$49,824 +21.7%	$2,184,336 +10%
2022	$40,937 +1.9%	$1,985,760 +5%
2021	$40,182 -20.2%	$1,891,200 -20%
2020	$50,349 +3455.7%	$2,364,000 +3463.7%
2019	$1,416	$66,335

Find assessor info on the county website

Monthly payment

Est. payment

Payment breakdown

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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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