Sold for $4,200,000

$4,200,000

480 NE 31st St #Penthouse 5401, Miami, FL 33137

5beds

2,812sqft

Condominium

Built in 2019

-- sqft lot

$4,495,700 Zestimate^®

$1,494/sqft

$-- Estimated rent

Home value

$4,495,700

$4.05M - $5.04M

Not available

Zestimate^® history

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$30,884/mo

Est. payment

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$30,884/mo

Est. payment

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What's special

Private elevator access, 5 bd / 5.5 baths two-story AMAZING Penthouse featuring direct, unobstructed views of the bay, and city, breathtaking views from the huge terrace on the second floor with BBQ and Jacuzzi. The wrap-around balcony with access to all bedrooms has a 360-degree view of all of Miami-Dade. High-end kitchen appliances by Sub-Zero, spacious walk-in closets, The private terrace with a plunge pool, summer kitchen, and more. Plenty of amenities, including... swimming pools, tennis courts, a children’s playground, a spa, a fitness center, a teen’s game room, a wine cellar, bowling lanes, a theater, a full-service concierge, and more. Close to Miami International Airport, within walking distance to Design District, Midtown, and Wynwood.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1

Rooms

Room types: Great Room, Loft

Other

Length: 2663 Feet

Heating

Electric, Other

Cooling

Electric, Other

Appliances

Included: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Other, Refrigerator, Self Cleaning Oven, Oven

Features

Closet Cabinetry, Elevator, Other, Split Bedroom, Volume Ceilings, Walk-In Closet(s)
Flooring: Other, Tile
Doors: High Impact Doors
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 2,812
Total interior livable area: 2,812 sqft

Property

Parking

Total spaces: 3
Parking features: Detached Carport, 2 Or More Spaces, Assigned, Valet, No Rv/Boats, No Trucks/Trailers
Attached garage spaces: 2
Carport spaces: 1
Covered spaces: 3

Features

Levels: Two
Entry location: First Floor Entry
Patio & porch: Deck
Exterior features: Barbecue, Balcony
Has private pool: Yes
Pool features: Association, Private Pool
Spa features: Community
Has view: Yes
View description: Bay, Canal, Intracoastal View
Has water view: Yes
Water view: Bay,Canal,Intracoastal View
Waterfront features: Canal Front, Intracoastal Front, Waterfront, Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0132301082980
Lease amount: $0
Other equipment: Other

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

CBS Construction

Condition

New Construction
New construction: Yes
Year built: 2019

Details

Builder model: Penthhouse

Community & HOA

Community

Security: Fire Alarm, Smoke Detector, Security Guard, Lobby Secured
Application fee: $100
Subdivision: Gran Paraiso Condo

HOA

Has HOA: Yes
Amenities included: Billiard Room, Barbecue, Business Center, Clubhouse-Clubroom, Elevator(s), Fitness Center, Hobby Room, Kitchen Facilities, Playground, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
HOA fee: $1,475 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,494/sqft
Tax assessed value: $3,815,532
Annual tax amount: $51,950
Date on market: 12/29/2022
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
11/2/2023	Listing removed	--
Source: MIAMI #A11411961 Report a problem
10/31/2023	Listed for rent	$34,000$12/sqft
Source: MIAMI #A11411961 Report a problem
10/20/2023	Sold	$4,200,000-2.3%$1,494/sqft
Source: MIAMI #A11320623 Report a problem
9/30/2023	Contingent	$4,300,000$1,529/sqft
Source: MIAMI #A11320623 Report a problem
9/18/2023	Listing removed	--
Source: MIAMI #A11411961 Report a problem
8/29/2023	Price change	$4,300,000-28.3%$1,529/sqft
Source: MIAMI #A11320623 Report a problem
6/30/2023	Listed for rent	$34,000$12/sqft
Source: MIAMI #A11411961 Report a problem
1/5/2023	Listed for sale	$5,999,000-3.2%$2,133/sqft
Source: MIAMI #A11320623 Report a problem
12/5/2022	Listing removed	--
Source: MIAMI #A11273074 Report a problem
9/19/2022	Listed for sale	$6,200,000-14.5%$2,205/sqft
Source: MIAMI #A11273074 Report a problem
6/14/2022	Listing removed	--
Source: MIAMI #A11096478 Report a problem
12/15/2021	Listed for sale	$7,250,000+84.7%$2,578/sqft
Source: MIAMI #A11096478 Report a problem
5/31/2019	Sold	$3,925,900$1,396/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$76,264 +2.8%	$3,815,532 +3%
2024	$74,211 +17.4%	$3,704,400 +33.6%
2023	$63,229 +21.7%	$2,772,000 +10%
2022	$51,950 +1.9%	$2,520,000 +5%
2021	$50,992 -20.2%	$2,400,000 -20%
2020	$63,894 +4380.2%	$3,000,000 +4390.3%
2019	$1,426	$66,810