Interior
- Bedrooms
- 2
- Bathrooms
- 3
- Living area
- 1,187 sq ft
Active · Condominium
$999,000
480 NE 31st St 1603, Miami, FL 33137
- Beds
- 2
- Baths
- 3
- Living area
- 1,187 sq ft
- $ / sq ft
- $842/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $1,798
- Annual tax
- —
About this property
Enjoy this one of a kind 2/3 unit with direct water views at Gran Paraiso. One of the only unit with true living room and kitchen island facing the water. Luxurious finishes in kitchen and bathrooms, floor to ceiling glass doors to enjoy endless views to the Bay and the Ocean. Extensive list of amenities including lagoon style pool (overlooking the bay); hot spa indoors/outdoors, 2 tennis courts, luxurious spa, massage rooms, screening room, party room, billiard room, wine room, membership to Beach Club and more. Gran Paraiso offers a private enclave of luxury contemporary residences where breathtaking views over Biscayne Bay define a style of living that embraces both elegance and natural beauty.
Property location
Get Directions480 NE 31st St 1603, 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
- $1,798
- County
- Miami-Dade
- MLS listing ID
- A12030114
- 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
-$4,303
- Cap rate
- 0.5%
- Net yield
- 0.5%
- Cash-on-cash return
- -18.5%
- Gross yield
- 5.9%
- Mortgage payment
- $4,736/mo
- Down payment
- $249,750
- Loan amount
- $749,250
- Annual NOI
- $5,197
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.