$1,049,000

480 31st St #1603, Miami, FL 33137

Bedrooms
2
Baths
3
Living area
1,187 ft²
Price per ft²
$884 / ft²
Type
Condo
Year built
2019
HOA
$1,798 / mo HOA
On market
113 days on market
MLS #
A12030114

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.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $884. The median for recorded sales in the same ZIP codes is $913/ft² — putting it 3% below the median.
  • Position in the area’s price distributionThe asking price is $1,049,000; the median of recorded sales in the area is $690,000 (1,629 sales). On raw price that is 52% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,798 per month comes to $21,576 a year — 2.1% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33132, 33137 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$314,700
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$4,861
Loan amount
$734,300
Total interest over the term
$1,015,546
Total repaid
$1,749,846

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Barnes International Realty, LLC

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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