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For sale
    • $1,890,000

    480 NE 31st St Unit 1501, Miami, FL 33137

    4beds
    1,871sqft
    : 
    $15,133/mo
    Get pre-qualified
    Condominium
    Built in 2019
    -- sqft lot
    $1,777,100 Zestimate®
    $1,010/sqft
    $2,836/mo HOA

    What's special

    Waterfront poolTennis courtsRefined finishes throughoutUnobstructed biscayne bay viewsBright and airy residenceAmple storageWood-look ceramic flooring
    Perched on a high floor at Gran Paraiso, Residence 1501 is a spectacular 4-bedroom, 4.5-bath waterfront home offering unobstructed Biscayne Bay views and stunning Miami Beach skyline vistas. This bright and airy residence features a highly desirable flow-through layout with triple exposure, allowing for both breathtaking sunrises and sunsets from the expansive wraparound terrace. Floor-to-ceiling glass floods the interiors with natural light, highlighting refined finishes throughout, including wood-look ceramic flooring and a sleek open kitchen equipped with premium appliances. The spacious primary suite offers direct terrace access and a spa-inspired bathroom with dual vanities, soaking tub, and separate glass-enclosed shower. Each additional bedroom is en-suite, ensuring comfort and privacy for family or guests. A private elevator opens into an exclusive foyer, adding an extra layer of privacy and sophistication. Additional features include dual-zone A/C and ample storage. Residents enjoy world-class amenities shared with Paraiso Bay, including a waterfront pool, state-of-the-art fitness center, spa, tennis courts, bowling lanes, kids’ play areas, on-site dining, and 24-hour concierge and security. Ideally located in the heart of Edgewater, minutes from Miami Beach, Design District, Wynwood, and the airport.
    105 days
    |
    104
    |
    10
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Raphael Sitruk 646-717-3990,

    The Corcoran Group

    Source: MIAMI,MLS#: A12000905MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 5
      • Full bathrooms: 4
      • 1/2 bathrooms: 1
      Rooms
      • Room types: Den/Library/Office
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
      Features
      • Lobby, Closet Cabinetry, Kitchen Island, Entrance Foyer, Walk-In Closet(s)
      • Flooring: Ceramic Tile
      • Doors: High Impact Doors
      • Windows: Complete Impact Glass, High Impact Windows
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 1,871
      • Total interior livable area: 1,871 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space, Assigned, Covered
      • Attached garage spaces: 1
      Features
      • Entry location: Foyer
      • Exterior features: Balcony
      • Pool features: Association
      • Spa features: Community
      • Has view: Yes
      • View description: Bay, Intracoastal View
      • Has water view: Yes
      • Water view: Bay,Intracoastal View
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0132301080090

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Block
      Condition
      • Year built: 2019

      Community & HOA

      Community
      • Security: Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured, TV Camera
      • Application fee: $150
      • Pet fee: $0
      • Subdivision: Gran Paraiso Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Barbecue, Billiard Room, Business Center, Playground, Elevator(s), Fitness Center, Other, Pool, Putting Green, Spa/Hot Tub, Tennis Court(s)
      • HOA fee: $2,836 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,010/sqft
      • Tax assessed value: $1,321,726
      • Annual tax amount: $26,418
      • Date on market: 4/14/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $1,777,100

        $1.69M - $1.87M

        $9,395/mo

        Price history

        DateEventPrice
        4/28/2026Price change$1,890,000-3.1%$1,010/sqft
        Source: MIAMI #A12000905 Report a problem
        4/14/2026Listed for sale$1,950,000$1,042/sqft
        Source: MIAMI #A12000905 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$26,418 -2.2%$1,321,726 -2%
        2024$27,019 +0.4%$1,348,700 +4.5%
        2023$26,911 +11.3%$1,290,019 +10%
        2022$24,176 +3.9%$1,172,745 +8.2%
        2021$23,263 -16.9%$1,084,050 -17.5%
        2020$27,986 +2849.3%$1,314,000 +2855.9%
        2019$949 $44,453
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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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        Climate risks

        Neighborhood: Wynwood - Edgewater

        Getting around

        86 / 100
        Very Walkable
        49 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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