$4,450,000
$300K PRICE DROP

GranParaiso 480 NE 31st St Unit PH5402 Miami, FL 33137

Edgewater Neighborhood

Estimated payment $30,939/month

Total Views 1,266
3 Beds
4.5 Baths
2,112 Sq Ft
$2,107 Price per Sq Ft

Highlights

  • Valet Parking
  • Property Fronts a Bay or Harbor
  • Penthouse
  • Ocean View
  • Fitness Center
  • 3-minute walk to Paraiso Park

About This Home

Discover unparalleled luxury and design in the heart of Edgewater! This stunning two-story Upper Penthouse, furnished by acclaimed designer Piero Lissoni, offers 3 bedrooms, 4.5 baths, and a flexible upper-level TV room/library that can easily convert into a 4th bedroom. The highlight of this penthouse is the expansive, nearly 1,000-square-foot private rooftop terrace, complete with a pool, outdoor kitchen, and BBQ grill—perfect for entertaining or relaxing while enjoying breathtaking views of the city, bay, and ocean. As a resident, you’ll enjoy exclusive access to the Paraiso Beach Club and Amara at Paraiso, along with premier amenities like a cutting-edge fitness center, spa, tennis courts, and more.

Listing Agent

Michael Martirena

Compass Florida, LLC. License #3139315

Compass Florida, LLC.

Co-Listing Agent

Ivan Chorney

Compass Florida, LLC. License #3157854

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $49,910

Year Built

  • Built in 2019

HOA Fees

  • $1,942 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Property Views

Home Design

  • Penthouse
  • Split Level Home

Interior Spaces

  • 2,112 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Washer

Kitchen

  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub
  • Shower Only in Primary Bathroom

Home Security

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-108-3030

Community Details

Overview

  • 319 Units
  • High-Rise Condominium
  • Gran Paraiso Condo
  • Gran Paraiso Condo Subdivision, Penthouse 02 Floorplan
  • 54-Story Property

Amenities

  • Valet Parking
  • Secure Lobby

Recreation

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$49,910

Year Built

Built in 2019

Lot Details

0

HOA Fees

$1,942 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse, Split Level
  • Co List Office Mls Id: COMP01
  • Co List Office Phone: 305-851-2820
  • Entry Level: 54
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: None
  • Master Model: Penthouse 02
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAN PARAISO CONDO
  • Year Built Details: Effective Year Built
  • ResoPropertyType: Residential
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Other, Walk-In Closet(s), Den/Library/Office
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Furnished: Furnished, Turn Key Furnished
  • Living Area: 2112
  • Stories: 54
  • Window Features: Blinds
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower, Primary Bath Tub
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office
  • Master Bathroom Features: Dual Sinks, Separate Tub & Shower

Exterior Features

  • View: Bay, Ocean View, Water View
  • Exterior Features: Open Balcony
  • Construction Type: Other
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • View: Yes
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: GRAN PARAISO CONDO
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Parking Features: 2 Or More Spaces, Assigned, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Smoke Detector, Card Entry, Lobby Secured, Other

Condo/Co-op/Association

  • Association Fee: 1942
  • Amenities: Exercise Room, Other
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-108-3030
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Multi Family

  • Number Of Units In Community: 319

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 49910

Map

About GranParaiso

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 Price Changed $4,450,000 -6.3% $2,107 / Sq Ft
01/08/2025 01/08/25 For Sale $4,750,000 0.0% $2,249 / Sq Ft
09/01/2023 09/01/23 Rented $21,500 -2.3% --
07/12/2023 07/12/23 Under Contract -- -- --
04/26/2023 04/26/23 For Rent $22,000 -2.2% --
11/07/2022 11/07/22 Rented $22,500 -10.0% --
09/27/2022 09/27/22 Under Contract -- -- --
09/03/2022 09/03/22 For Rent $25,000 0.0% --
03/29/2022 03/29/22 Sold $3,375,000 -3.0% $1,598 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
05/10/2021 05/10/21 Price Changed $3,480,000 -5.4% $1,648 / Sq Ft
01/25/2021 01/25/21 For Sale $3,680,000 -- $1,742 / Sq Ft
Source: MIAMI REALTORS® MLS

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Source: MIAMI REALTORS® MLS

MLS Number: A11719075

MIAMI REALTORS® MLS

Florida Miami/Dade County Miami 33137 Edgewater

480 NE 31st St Unit PH5402, Miami, FL

Homes for Sale in Miami, FL

This home is located at 480 NE 31st St Unit PH5402, Miami, FL 33137 and is currently priced at $4,450,000, approximately $2,107 per square foot. This property was built in 2019. 480 NE 31st St Unit PH5402 is a home located in Miami-Dade County with nearby schools including Eneida M. Hartner Elementary School, Jose De Diego Middle School, and Booker T. Washington Senior High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Michael Martirena
Listing Agent
Michael Martirena
Section Image
Compass Florida, LLC.
(561) 310-3009