480 NE 31st St 1705, Miami, FL 33137 — MLS photo

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480 NE 31st St 1705, Miami, FL 33137

Active · Condominium

$1,100,000

480 NE 31st St 1705, Miami, FL 33137

Beds
2
Baths
3
Living area
1,143 sq ft
$ / sq ft
$962/sq ft
Year built
2019
Lot size
—
HOA fee
$1,732 Monthly
Annual tax
$14,957

About this property

Stunning 2-Bedroom + Den / 2.5 Bathroom Residence at Gran Paraiso – Fully Furnished. Unit 1705 features floor-to-ceiling windows with Biscayne Bay and city views, a modern open kitchen with premium appliances, custom closets, and a spacious private terrace. Includes 1 assigned parking space. Pet-friendly building offering resort-style amenities: bayfront pool, spa, fitness center, tennis courts, bowling alley, game rooms, wine cellar, kids’ playroom, concierge and 24-hour security. Prime Edgewater location near Midtown, Wynwood, and the Design District.

Property location

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480 NE 31st St 1705, Miami, FL 33137

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,143 sq ft
Flooring
Ceramic Tile
Appliances
Dishwasher, Disposal, Microwave, Other
Cooling
Central Air, Electric
Heating
Central, Electric
Interior features
Other

Exterior & Structure

Property type
Condominium
Year built
2019
Stories
54
Architectural style
High Rise
Construction
Block
Exterior features
Balcony
Waterfront
Bayfront
View
Bay

Parking

Garage spaces
0
Covered spaces
0
Parking features
One Space

HOA, Community & Financials

Association fee
$1,732 Monthly
Fee inclusions
Amenities
Amenities
Cabana, Fitness Center, Other
Security
Elevator Secured, Other, Fire Sprinkler System
Pets allowed
Conditional, Yes
Annual tax
$14,957
Subdivision
GRAN PARAISO CONDO
County
Miami-Dade
Days on market
0
MLS listing ID
A11937922
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

-$4,261

Cap rate
1.0%
Net yield
1.0%
Cash-on-cash return
-16.6%
Gross yield
5.5%
Mortgage payment
$5,215/mo
Down payment
$275,000
Loan amount
$825,000
Annual NOI
$11,445

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