$1,990,000

480 31st St #3301, Miami, FL 33137

Bedrooms
4
Baths
5
Living area
1,871 ft²
Price per ft²
$1,064 / ft²
Type
Condo
Year built
2019
HOA
$2,836 / mo HOA
On market
3 days on market
MLS #
A12101510

Incredible direct water view from this spectacular 4-bedroom 4.5 bathroom in Gran Paraiso Condo! Wraparound balcony, triple exposure, a lot of light coming thru, amazing daily sunrise and sunset. The apartment features wood ceramic floor, oversize terrace accessible from living room and from master bedroom, SubZero/Wolf appliances, marble master bathroom with separate shower and bathtub, other 3 bedrooms with ensuite bathrooms with shower, 2 AC machines to regulate 2 different areas temperature, private elevator with foyer. Gorgeous amenities shared with Paraiso Bay condo. Sold unfurnished. Tenant occupied until 12/15/2026 paying $10500/mo. A lot of appreciation of Edgewater neighborhood is coming due to the development of the retail spaces thru the Paraiso community!

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 $1,064. The median for recorded sales in the same ZIP codes is $912/ft² — putting it 17% above the median.
  • Position in the area’s price distributionThe asking price is $1,990,000; the median of recorded sales in the area is $683,150 (1,634 sales). On raw price that is 191% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $2,836 per month comes to $34,032 a year — 1.7% 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%$597,000
Term

7.28% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced October 1, 2026.

Estimated monthly payment$9,531
Loan amount
$1,393,000
Total interest over the term
$2,038,188
Total repaid
$3,431,188

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

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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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