Active · Condominium
$1,895,000
480 NE 31st St 3201, Miami, FL 33137
- Beds
- 4
- Baths
- 5
- Living area
- 1,871 sq ft
- $ / sq ft
- $1,013/sq ft
- Year built
- 2019
- Lot size
- —
- HOA fee
- $2,902 Monthly
- Annual tax
- $28,062
About this property
Amazing 4-bedroom, 4.5-bathroom Southeast corner residence at Gran Paraiso, a prestigious private enclave offering breathtaking panoramic views of Biscayne Bay and the ocean. This exceptional residence features a gourmet kitchen equipped with top-of-the-line appliances, spacious living areas, and a luxurious primary suite with sweeping bay and ocean views and electric shades. Gran Paraiso offers an unparalleled collection of resort-style amenities, including a state-of-the-art fitness center, bowling alley, full-service spa, tennis center, cigar lounge, and an expansive amenities deck featuring a circular zero-entry pool, outdoor spa, poolside cabanas, and much more. A truly exceptional lifestyle in one of Miami’s most sought-after residences.
Interior & exterior features
Appliances
- Dryer
- Dishwasher
- Electric Range
- Disposal
- Refrigerator
- Washer
Cooling
- Central Air
Heating
- None
Views
- Bay
- Intercoastal
- Ocean
Parking
- Assigned
- Covered
- One Space
Interior features
- Bedroom On Main Level
- Closet Cabinetry
- Elevator
- Kitchen Island
- Walk In Closets
Exterior features
- Other
Flooring
- Marble
construction
- CBSConcrete Block Structure
- Block
security
- Door Man
- Elevator Secured
- Key Card Entry
- Smoke Detectors
association_amenities
- Business Center
- Fitness Center
- Other
- Playground
- Sauna
- Elevators
association_fee_includes
- Amenities
- Hot Water
- Maintenance Structure
- Sewer
- Security
- Water
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
-$7,608
- Cap rate
- 0.9%
- Net yield
- 0.9%
- Cash-on-cash return
- -17.2%
- Gross yield
- 5.4%
- Mortgage payment
- $8,983/mo
- Down payment
- $473,750
- Loan amount
- $1,421,250
- Annual NOI
- $16,502
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.