Interior
- Bedrooms
- 4
- Bathrooms
- 5
- Living area
- 1,871 sq ft
Active · Condominium
$2,190,000
480 NE 31st St 3401, Miami, FL 33137
- Beds
- 4
- Baths
- 5
- Living area
- 1,871 sq ft
- $ / sq ft
- $1,170/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $2,772
- Annual tax
- —
About this property
Experience unparalleled luxury and sophistication in this exquisite 4-bedroom, 4.5-bath turnkey residence at Gran Paraiso, set on a premier waterfront location. Natural light floods the interiors through dramatic ceiling-height glass panels, creating a bright and inviting ambiance throughout. Step onto the expansive 8-foot-deep terrace and take in breathtaking panoramic views of Biscayne Bay and the Miami Beach skyline—perfect for relaxing or entertaining. The unit has been completely remodeled with extensive upgrades and is truly move-in ready. Located in the heart of Edgewater, Gran Paraiso offers exceptional convenience with easy access to Miami International Airport, Coral Gables, South Beach, and Coconut Grove, while being moments from dining, shopping, and cultural destinations.
Property location
Get Directions480 NE 31st St 3401, Miami, FL 33137
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2019
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $2,772
- County
- Miami-Dade
- MLS listing ID
- A11961651
- 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
-$9,448
- Cap rate
- 0.5%
- Net yield
- 0.5%
- Cash-on-cash return
- -18.5%
- Gross yield
- 5.1%
- Mortgage payment
- $10,382/mo
- Down payment
- $547,500
- Loan amount
- $1,642,500
- Annual NOI
- $11,208
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.