For sale

$1,100,000

480 NE 31st St Unit 2003, Miami, FL 33137

2beds

1,187sqft

$9,168/mo

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Condominium

Built in 2019

-- sqft lot

$1,039,200 Zestimate^®

$927/sqft

$1,798/mo HOA

What's special

Tennis courtsFloor-to-ceiling windowsPrivate elevator foyerBright open-concept unitBreathtaking bay views

Enjoy breathtaking bay views from this spacious unfurnished 2-bedroom, 3-bathroom residence at Paraiso Bay. This bright, open-concept unit features floor-to-ceiling windows, a generous primary suite with stunning water views, and a private elevator foyer. Residents enjoy resort-style amenities, including a beach-entry pool with cabanas and BBQ areas, state-of-the-art fitness center, spa, sauna, tennis courts, bowling alley, golf simulator, billiards, game room, and more. Perfectly located in the heart of Edgewater, you're just minutes from the Design District, Wynwood, Midtown, Brickell, and Miami Beach. One assigned parking space is included. Experience luxury waterfront living at one of Miami's most sought-after buildings.

34 days
50
3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 3

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Ice Maker, Microwave, Refrigerator, Washer

Features

Lobby, Elevator, Walk-In Closet(s)
Flooring: Tile

Interior area

Total structure area: 1,187
Total interior livable area: 1,187 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 1
Parking features: 1 Space, Assigned
Garage spaces: 1

Accessibility

Accessibility features: Accessible

Features

Exterior features: Balcony
Pool features: Association
Has view: Yes
View description: Bay, Pool, Skyline
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0132301081000

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

CBS Construction

Condition

Year built: 2019

Community & HOA

Community

Security: Fire Sprinkler System, Doorman, Elevator Secure, Secured Garage/Parking
Application fee: $150
Subdivision: Gran Paraiso Condo

HOA

Has HOA: Yes
Amenities included: Barbecue, Bike Storage, Business Center, Cabana, Elevator(s), Fitness Center, Other, Pool
HOA fee: $1,798 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $927/sqft
Tax assessed value: $763,028
Annual tax amount: $15,251
Date on market: 7/31/2026
Listing terms: All Cash,Conventional

Estimated market value

$1,039,200

$987,000 - $1.09M

$7,377/mo

Price history

Date	Event	Price
8/17/2026	Listing removed	$6,100$5/sqft
Source: MIAMI #A12063321 Report a problem
7/31/2026	Listed for rent	$6,100+8.9%$5/sqft
Source: MIAMI #A12063321 Report a problem
8/25/2025	Listing removed	$5,600$5/sqft
Source: MIAMI #A11856553 Report a problem
8/12/2025	Listed for rent	$5,600-1.8%$5/sqft
Source: MIAMI #A11856553 Report a problem
5/23/2024	Listing removed	--
Source: MIAMI #A11588331 Report a problem
5/15/2024	Listed for rent	$5,700+16.3%$5/sqft
Source: MIAMI #A11588331 Report a problem
2/18/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
2/16/2022	Listed for rent	$4,900$4/sqft
Source: Zillow Rental Network_1 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$15,251 -2.2%	$763,028 -2%
2024	$15,598 +3.3%	$778,600 +9.1%
2023	$15,106 +12.9%	$713,732 +10%
2022	$13,376 +3.9%	$648,848 +8.2%
2021	$12,871 -16.9%	$599,775 -17.5%
2020	$15,484 +2472%	$727,000 +2477.8%
2019	$602	$28,202