Stay informed on Miami condo trends
What we cover
4
For Sale
$1.1M
Avg Price
$786
Sale $/SF
—
For Rent
—
Avg Rent
$2.91
Rent $/SF
-22.3%
YoY
For Sale
4
For Rent
0
Investor-Owned
—
Avg HOA
$1,521/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
Developer
The Related Group
Avg $/SF
$786.38
Rent $/SF
$2.91/SF
HOA Range
$1,440 – $1,602
Neighborhood Rank
Top 6%
Total Sales (All-Time)
8
Amenities
Sale Price Trend ($/SF)
$843
Rental Price Trend ($/SF)
$4.68
Building Activity
Days on Market
240
days
Sitting longer
Months of Inventory
5.3
months
Balanced
Sale-to-List Ratio
97.8%
Strong demand
Price Reductions
67%
of listings
Many price cuts
Closed Sales (120d)
3
transactions
Moderate activity
Active Listings
For Sale (4)
$750K
Unit 4302
$960K
Unit 4206
$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 |
Top Agents in This Building
Douglas Elliman
eXp Realty
Coldwell Banker
Fortune International Realty
Coldwell Banker
The Keyes CompanyTop Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
| Coldwell Banker | 4 | 5 | $4.3M |
M Melo Real Estate Corp | 1 | 2 | $3.0M |
| Douglas Elliman | 1 | 1 | $1.7M |
| eXp Realty | 1 | 2 | $1.4M |
| Fortune International Realty | 1 | 1 | $1.3M |
Be the first to know when a unit in GRAN PARAISO hits the market — for sale or rent.
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 |