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What we cover
5
For Sale
$1.1M
Avg Price
$771
Sale $/SF
—
For Rent
—
Avg Rent
$2.91
Rent $/SF
-22.3%
YoY
For Sale
5
For Rent
0
Investor-Owned
—
Avg HOA
$1,073.5/mo
Gran Paraiso is a residential condominium located in the Edgewater neighborhood of Miami at 480 NE 31st Street. The building offers units ranging from $700,000 to $1,350,000, providing options for buyers in the mid-to-upper price range. Situated in the vibrant Edgewater area, residents enjoy proximity to waterfront dining, retail, and Miami's cultural attractions.
Address
480 NE 31, Miami
Neighborhood
Miami
Tier
Premium
Avg $/SF
$771.28
Rent $/SF
$2.91/SF
HOA Range
$707 – $1,440
Neighborhood Rank
Top 6%
Total Sales (All-Time)
8
Amenities
Sale Price Trend ($/SF)
$771
Rental Price Trend ($/SF)
$4.68
Building Activity
Days on Market
240
days
Sitting longer
Months of Inventory
20.0
months
Buyer's market
Sale-to-List Ratio
98.3%
Strong demand
Price Reductions
100%
of listings
Many price cuts
Closed Sales (120d)
1
transactions
Low volume
Active Listings
For Sale (5)
$750K
Unit 4302$960K
Unit 4206
$1.1M
Unit 3104
$1.3M
Unit 2607$1.4M
Unit 2007Recent Sales
| Date | Price | $/SF | Bed/Bath | SF |
|---|---|---|---|---|
| May 25, 2023 | $905K | — | 2/— | — |
| Nov 1, 2021 | $615K | $579.1 | 1/— | 1,062 |
| Dec 5, 2019 | $1.3M | $594.04 | 4/— | 2,232 |
| Nov 26, 2019 | $1.7M | $704.08 | 4/— | 2,379 |
| Oct 10, 2019 | $1.5M |
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Neighborhood
Miami →
View all buildings in this area
Building Snapshot
| $672.04 |
| 4/— |
| 2,232 |
| Jul 30, 2019 | $1.1M | $585.84 | 3/3 | 1,963 |
| Jun 24, 2019 | $780K | $598.16 | 2/— | 1,304 |
| Mar 25, 2019 | $3.0M | $1,123.13 | 4/— | 2,663 |