Sold for $850,000

$850,000

480 NE 31st St Unit 705, Miami, FL 33137

2beds

1,143sqft

Condominium

Built in 2019

-- sqft lot

$880,700 Zestimate^®

$744/sqft

$6,073 Estimated rent

Home value

$880,700

$819,000 - $951,000

$6,073/mo

Zestimate^® history

Owner options

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$6,073/mo

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$6,073/mo

Rent Zestimate^®

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$7,445/mo

Est. payment

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$7,445/mo

Est. payment

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What's special

Spectacular 2 bed, 3 bath plus den bayfront unit at Gran Paraiso with a huge balcony and stunning views. Featuring porcelain floors, Wolf and Subzero appliances, quartz countertops, Italkraft cabinets, built-in walk-in closets, window treatments, and 10-foot ceilings. Enjoy world-class amenities including a state-of-the-art gym and spa, cigar lounge, wine room, theater room, tennis courts, mini golf, BBQ area, large pool, children's pool, hot tub, golf simulator, arcade, billiard table, bowling alley, and more. The breathtaking towers offer expansive glass terraces and luxury throughout. Prime Edgewater location near Midtown, Design District, Wynwood, Downtown, Miami Beach & Miami International Airport. The unit is rented until May 17, 2026 at $5,300/month with a 90-day kick-out clause.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 3
Full bathrooms: 3

Heating

Central

Cooling

Central Air

Appliances

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

Features

Built-in Features, Entrance Foyer, Walk-In Closet(s), Elevator
Doors: High Impact Doors

Interior area

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

Property

Parking

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

Features

Entry location: Foyer
Exterior features: Balcony
Has view: Yes
View description: Bay, Ocean, Water
Has water view: Yes
Water view: Bay,Ocean,Water
Waterfront features: Intracoastal Front, Ocean Front, Bay
Frontage type: Bay/Harbor

Lot

Features: East Of Us1

Details

Parcel number: 0132301081670

Construction

Type & style

Home type: Condo
Property subtype: Condominium

Materials

CBS Construction

Condition

Year built: 2019

Utilities & green energy

Electric: Circuit Breakers

Community & HOA

Community

Security: Smoke Detector, Doorman, Elevator Secure, Lobby Secured, Security Service, TV Camera
Application fee: $0
Pet fee: $0
Subdivision: Gran Paraiso Condo

HOA

Has HOA: Yes
Amenities included: Barbecue, Billiard Room, Business Center, Cabana, Playground, Community Room, Elevator(s), Fitness Center, Golf Course Com
HOA fee: $1,627 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $744/sqft
Tax assessed value: $709,324
Annual tax amount: $14,500
Date on market: 6/30/2025
Listing terms: All Cash,Conventional

Price history

Date	Event	Price
12/22/2025	Sold	$850,000-5.6%$744/sqft
Source: MIAMI #A11831469 Report a problem
12/8/2025	Pending sale	$900,000$787/sqft
Source: MIAMI #A11831469 Report a problem
9/3/2025	Price change	$900,000-3%$787/sqft
Source: MIAMI #A11831469 Report a problem
6/30/2025	Price change	$928,000-1.8%$812/sqft
Source: MIAMI #A11831469 Report a problem
10/15/2024	Listed for sale	$945,000$827/sqft
Source: MIAMI #A11676604 Report a problem
5/31/2024	Listing removed	$945,000$827/sqft
Source: MIAMI #A11522083 Report a problem
2/26/2024	Listed for sale	$945,000+18800%$827/sqft
Source: MIAMI #A11522083 Report a problem
8/30/2022	Sold	$5,000$4/sqft
Source: Agent Provided Report a problem
4/19/2022	Listing removed	--
Source: Zillow Rental Network_1 Report a problem
3/17/2022	Listed for rent	$5,500$5/sqft
Source: Zillow Rental Network_1 #A11176474 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$14,178 -2.2%	$709,324 -2%
2024	$14,500 +3.3%	$723,800 +9.1%
2023	$14,043 +12.9%	$663,467 +10%
2022	$12,434 +5.3%	$603,152 +8.5%
2021	$11,811 -15.2%	$555,900 -15%
2020	$13,929 +2302.8%	$654,000 +2308.2%
2019	$580	$27,157