480 NE 31st St 2202, Miami, FL 33137 — MLS photo

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480 NE 31st St 2202, Miami, FL 33137

Active · Condominium

$799,000

480 NE 31st St 2202, Miami, FL 33137

Beds
1
Baths
2
Living area
940 sq ft
$ / sq ft
$850/sq ft
Year built
2019
Lot size
—
HOA fee
$1,376
Annual tax
—

About this property

Experience endless panoramic bay and ocean views from the oversized balcony of this 1 bedroom, 2.5 bathrooms unit designed by Piero Lissoni. Step in through the private foyer to discover floor to ceiling windows, 10 Foot high ceilings, open concept floor plan, high-end kitchen appliances and beautiful Italian kitchen design. Gran Paraiso Condo features high end amenities such as 24h security, covered parking, valet parking, concierge, pool, spa, gym, social room, BBQ grills, tennis courts, private elevator access with private foyers, lush landscape gardens, children playroom and much more. Unit rented until August 29th 2025 at $4,200 per month. 24 hrs notice for showings

Property location

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480 NE 31st St 2202, Miami, FL 33137

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Facts & features

Interior

Bedrooms
1
Bathrooms
2
Living area
940 sq ft

Exterior & Structure

Property type
Condominium
Year built
2019

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,376
County
Miami-Dade
MLS listing ID
A11548813
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$3,395

Cap rate
0.6%
Net yield
0.6%
Cash-on-cash return
-18.2%
Gross yield
5.8%
Mortgage payment
$3,788/mo
Down payment
$199,750
Loan amount
$599,250
Annual NOI
$4,715

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.