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For sale
  • Price cut: $46K (6/12)
    $1,249,000

    480 NE 31st St Unit 2607, Miami, FL 33137

    3beds
    1,649sqft
    : 
    $9,644/mo
    Get pre-qualified
    Condominium
    Built in 2019
    -- sqft lot
    $1,183,600 Zestimate®
    $757/sqft
    $1,440/mo HOA

    What's special

    Second bedroomSun terracePrivate elevator entryCustom re-imagined floor planUnmatched viewsOpen private denRefined gallery-style foyer
    Residence Features • Custom re-imagined floor plan originally conceived as a three-bedroom residence and redesigned during pre-construction to create a dramatic 15' x 25' primary suite, second bedroom, and open private den • Nearly 900 sq ft wraparound terrace with sweeping bay, skyline, and ocean vistas—ideal for indoor-outdoor living • Sleek European appliance package paired with high-end designer finishes throughout • Electric window shades and striking three-dimensional feature walls • Private elevator entry opening to a refined, gallery-style foyer • Oversized laundry room with full-size washer/dryer, utility sink, and additional storage The open den is perfectly suited for a home office, library, or media lounge and is conveniently located adjacent to a full bath, offering exceptional flexibility without functioning as a third bedroom. Set in the heart of Edgewater’s coveted waterfront corridor, this turnkey residence offers unmatched views, thoughtful customization, and elevated livability—ideal for buyers seeking space, design, and sophistication beyond the standard condominium layout. Furniture negotiable. Showing Monday to Thursday from 12-2pm Investors.- Minimum leases 30 days. Max. leases: 3/year Enjoy the Miami lifestyle w/great amenities like the Amara restaurant, private Beach Club w/poolside cabanas, heated pools, tennis courts, lounges, library, children's playroom, wine room, outdoor spa, state-of-the-art fitness center, sun terrace , outdoor yoga.
    432 days
    |
    211
    |
    11
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Gigi Nachman 305-490-0224,

    First Realty of Miami,LLC.

    Source: MIAMI,MLS#: A11805476MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Central, Heat Pump/Reverse Cycle
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Refrigerator, Self Cleaning Oven, Oven, Washer
      • Laundry: Sink
      Features
      • Lobby, Closet Cabinetry, Elevator, Entrance Foyer
      • Flooring: Ceramic Tile
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total structure area: 1,649
      • Total interior livable area: 1,649 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space
      • Garage spaces: 1
      Features
      • Entry location: First Floor Entry,Foyer
      • Exterior features: Balcony, Tennis Court(s)
      • Has private pool: Yes
      • Pool features: Private Pool
      • Spa features: Community
      • Has view: Yes
      • View description: Bay
      • Has water view: Yes
      • Water view: Bay
      • Waterfront features: Bay
      • Frontage type: Bay/Harbor
      Details
      • Parcel number: 0132301082700

      Construction

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

      Community & HOA

      Community
      • Security: Doorman, Elevator Secure
      • Application fee: $100
      • Pet fee: $250
      • Subdivision: Gran Paraiso Condo,Gran Paraiso
      HOA
      • Has HOA: Yes
      • Amenities included: Elevator(s), Fitness Center, Exterior Lighting, Spa/Hot Tub, Tennis Court(s)
      • HOA fee: $1,440 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $757/sqft
      • Tax assessed value: $1,284,780
      • Annual tax amount: $15,698
      • Date on market: 5/18/2025
      • Listing terms: Conventional,Owner Will Carry

        Estimated market value

        $1,183,600

        $1.12M - $1.24M

        $7,884/mo

        Price history

        DateEventPrice
        7/17/2026Price change$9,500-5%$6/sqft
        Source: MIAMI #A12000500 Report a problem
        6/12/2026Price change$1,249,000-3.6%$757/sqft
        Source: MIAMI #A11805476 Report a problem
        6/4/2026Listed for rent$10,000$6/sqft
        Source: MIAMI #A12000500 Report a problem
        5/7/2026Listing removed$10,000$6/sqft
        Source: MIAMI #A12000500 Report a problem
        4/14/2026Listed for rent$10,000$6/sqft
        Source: MIAMI #A12000500 Report a problem
        2/6/2026Listing removed$10,000$6/sqft
        Source: MIAMI #A11846240 Report a problem
        12/2/2025Price change$1,295,000-13.4%$785/sqft
        Source: MIAMI #A11805476 Report a problem
        10/1/2025Price change$10,000+11.1%$6/sqft
        Source: MIAMI #A11846240 Report a problem
        7/24/2025Listed for rent$9,000$5/sqft
        Source: MIAMI #A11846240 Report a problem
        6/17/2025Price change$1,495,000-6.3%$907/sqft
        Source: MIAMI #A11805476 Report a problem
        5/21/2025Listed for sale$1,595,000$967/sqft
        Source: MIAMI #A11805476 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$16,132 +2.8%$849,269 +2.9%
        2024$15,697 +0.6%$825,335 +3%
        2023$15,611 +2.9%$801,297 +3%
        2022$15,172 +0.1%$777,959 +3%
        2021$15,160 -31.4%$755,300 -30%
        2020$22,094 +2541.8%$1,079,000 +2654%
        2019$836 $39,179
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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

        85 / 100
        Very Walkable
        49 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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