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$993,900

480 31st St #2405, Miami, FL 33137

Bedrooms
2
Baths
3
Living area
1,143 ft²
Price per ft²
$870 / ft²
Type
Condo
Year built
2019
HOA
$1,693 / mo HOA
On market
177 days on market
MLS #
A12007168

Priced as the best value among 2-bedroom residences in the building. Located on the 24th floor of the iconic Gran Paraiso - Edgewater, residence 2405 offers floor-to-ceiling windows framing sweeping bay and ocean panoramas and flooding every room with natural light. Impeccably condition including a private foyer, marble floors, walk-in closets, high ceilings, motorized shades, and a kitchen outfitted with top-of-the-line appliances. Gran Paraiso's amenities are nothing short of extraordinary, bayfront lagoon-style pool, jacuzzi, tennis courts, full-service spa with massage rooms, sauna and steam room, theater, lounge, arcade, golf simulator, bowling alley, wine cellar, co-working space, spinning room, and yoga deck and studio. Set in the heart of Edgewater, with direct access to a dog park, children's park, and the celebrated AMARA at Paraiso restaurant. Walkable, vibrant, and effortlessly connected to the best of Miami. Call today for a showing.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $870. The median for recorded sales in the same ZIP codes is $912/ft² — putting it 5% below the median.
  • Position in the area’s price distributionThe asking price is $993,900; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 45% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,693 per month comes to $20,316 a year — 2.0% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$298,170
Term

7.4% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 15, 2026.

Estimated monthly payment$4,817
Loan amount
$695,730
Total interest over the term
$1,038,424
Total repaid
$1,734,154

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Soulhaus Living, Inc.

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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