Sold for $937,500

$937,500

480 NE 31st St Unit 4805, Miami, FL 33137

2beds

1,143sqft

Condominium

Built in 2019

-- sqft lot

$931,100 Zestimate^®

$820/sqft

$6,073 Estimated rent

Home value

$931,100

$885,000 - $978,000

$6,073/mo

Zestimate^® history

Owner options

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$6,073/mo

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$6,073/mo

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$8,150/mo

Est. payment

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$8,150/mo

Est. payment

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What's special

Welcome to this stunning 48th-floor residence at Gran Paraiso, offering unparalleled oceanfront living. This 2-bed, 3-bath condo features contemporary design and panoramic views, providing a serene sanctuary with unobstructed vistas of the Atlantic Ocean and Biscayne Bay—ideal for breathtaking sunrises and sunsets. The open-concept layout is filled with natural light from floor-to-ceiling windows. The chef-inspired kitchen boasts upgraded appliances, sleek cabinetry, and stylish countertops. The master suite offers ocean views and a luxurious en-suite, while the second bedroom has its own private bath. Resort-style amenities include a pool, fitness center, and tennis courts. Located in vibrant Edgewater, just minutes from Wynwood, the Miami Design District, and Brickell.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Den/Library/Office

Heating

Central

Cooling

Central Air

Appliances

Included: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Features

Built-in Features, Closet Cabinetry, Kitchen Island, Entrance Foyer, Pantry, Walk-In Closet(s)
Flooring: Tile
Doors: High Impact Doors
Windows: Complete Impact Glass, High Impact Windows

Interior area

Total structure area: 1,143
Total interior livable area: 1,143 sqft

Property

Parking

Total spaces: 1
Parking features: 1 Space, Valet, No Rv/Boats, No Trucks/Trailers
Garage spaces: 1

Features

Entry location: Foyer
Exterior features: Barbecue, Courtyard
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Ocean
Has water view: Yes
Water view: Bay,Ocean
Waterfront features: Ocean Front, Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0132301082060

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

Year built: 2019

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Elevator Secure, Security Guard, Lobby Secured
Application fee: $150
Pet fee: $500
Subdivision: Gran Paraiso Condo

HOA

Has HOA: Yes
Amenities included: Bar, Business Center, Cabana, Playground, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Hobby Room, Other, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
HOA fee: $1,733 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $820/sqft
Tax assessed value: $900,228
Annual tax amount: $18,402
Date on market: 3/7/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
4/8/2026	Listing removed	$7,500$7/sqft
Source: Zillow Rentals Report a problem
3/23/2026	Listed for rent	$7,500+27.1%$7/sqft
Source: MIAMI #A11985026 Report a problem
3/13/2026	Sold	$937,500-3.8%$820/sqft
Source: MIAMI #A11754442 Report a problem
2/5/2026	Pending sale	$975,000$853/sqft
Source: MIAMI #A11754442 Report a problem
10/6/2025	Price change	$975,000-1.5%$853/sqft
Source: MIAMI #A11754442 Report a problem
9/26/2025	Price change	$990,000-9.2%$866/sqft
Source: MIAMI #A11754442 Report a problem
3/28/2025	Price change	$1,090,000-2.7%$954/sqft
Source: MIAMI #A11754442 Report a problem
3/7/2025	Listed for sale	$1,120,000+13.1%$980/sqft
Source: MIAMI #A11754442 Report a problem
10/20/2023	Sold	$990,000-3.4%$866/sqft
Source: MIAMI #A11351852 Report a problem
9/27/2023	Contingent	$1,025,000$897/sqft
Source: MIAMI #A11351852 Report a problem
3/4/2023	Listed for sale	$1,025,000-14.5%$897/sqft
Source: MIAMI #A11351852 Report a problem
10/11/2022	Listing removed	--
Source: MIAMI #A11031909 Report a problem
8/22/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
8/10/2022	Listed for rent	$5,900-15.7%$5/sqft
Source: Zillow Rental Network_1 #A11213284 Report a problem
7/26/2022	Price change	$1,199,000-20.1%$1,049/sqft
Source: MIAMI #A11031909 Report a problem
6/7/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
5/27/2022	Listed for rent	$7,000$6/sqft
Source: Zillow Rental Network_1 #A11213284 Report a problem
2/22/2022	Listed for sale	$1,500,000$1,312/sqft
Source: MIAMI #A11031909 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$17,994 -2.2%	$900,228 -2%
2024	$18,403 +4.4%	$918,600 +10.9%
2023	$17,635 +13%	$828,547 +10%
2022	$15,609 +6.2%	$753,225 +10%
2021	$14,694 -16.9%	$684,750 -17.5%
2020	$17,677 +2949.4%	$830,000 +2956.3%
2019	$580	$27,157