Stay informed on Miami condo trends
What we cover
5
For Sale
$1.1M
Avg Price
$758
Sale $/SF
—
For Rent
—
Avg Rent
$2.91
Rent $/SF
-22.3%
YoY
For Sale
5
For Rent
0
Investor-Owned
—
Avg HOA
$1,080.5/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
Developer
The Related Group
Avg $/SF
$757.98
Rent $/SF
$2.91/SF
HOA Range
$721 – $1,440
Neighborhood Rank
Top 6%
Total Sales (All-Time)
8
Amenities
Sale Price Trend ($/SF)
$745
Rental Price Trend ($/SF)
$4.68
Building Activity
Days on Market
135
days
Sitting longer
Months of Inventory
10.0
months
Buyer's market
Sale-to-List Ratio
99.2%
Strong demand
Price Reductions
50%
of listings
Many price cuts
Closed Sales (120d)
2
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 |
Top Agents in This Building
Top Brokerages in This Building
| Brokerage | Agents | Sales | Volume |
|---|---|---|---|
 |
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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 |
| 1 |
| 1 |
| $725K |
