480 NE 31st St 3405, Miami, FL 33137 — MLS photo

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480 NE 31st St 3405, Miami, FL 33137

Active · Condominium

$1,070,000

480 NE 31st St 3405, Miami, FL 33137

Beds
2
Baths
3
Living area
1,143 sq ft
$ / sq ft
$936/sq ft
Year built
2019
Lot size
—
HOA fee
$1,732 Monthly
Annual tax
$15,981

About this property

Experience the epitome of luxury living in Unit 3405 on the 34th floor of the prestigious Gran Paraiso. This stunning 2-bedroom, 3-bathroom residence offers breathtaking, unobstructed water views with serene vistas from every room. Enjoy sleek, modern finishes, floor-to-ceiling windows, and an open floor plan ideal for entertaining. World-class amenities include a spa, tennis courts, bowling alley, golf simulator, pool table, gym, and resort-style pool. The unit also includes a reserved parking space for added convenience. Located just steps from the renowned Amara at Paraiso restaurant, this is a lifestyle opportunity you don’t want to miss. Schedule your showing today!

Property location

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480 NE 31st St 3405, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,143 sq ft
Flooring
Other
Appliances
Dryer, Freezer, Microwave, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Other, Walk In Closets, Elevator

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
54
Architectural style
High Rise
Construction
Block
Exterior features
Other
Pool
Association
Waterfront
Bayfront, Ocean Front, Other
View
Bay, Ocean, Other, Pool, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
Assigned, Covered, One Space

HOA, Community & Financials

Association fee
$1,732 Monthly
Fee inclusions
Amenities, Common Areas, Cable Tv, Internet, Maintenance Grounds, Other, Sewer, Security, Water
Amenities
Billiard Room, Business Center, Clubhouse, Fitness Center, Barbecue, Other, Picnic Area, Playground, Pool, Sauna, Spa Hot Tub, Tennis Courts, Elevators
Security
Door Man, Elevator Secured, Other
Pets allowed
Conditional, Yes
Annual tax
$15,981
Subdivision
GRAN PARAISO CONDO
County
Miami-Dade
Days on market
208
MLS listing ID
A11934044
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

-$4,260

Cap rate
0.9%
Net yield
0.9%
Cash-on-cash return
-17.1%
Gross yield
5.6%
Mortgage payment
$5,072/mo
Down payment
$267,500
Loan amount
$802,500
Annual NOI
$9,745

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