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Buildings/Miami/GRANPARAISO CONDO

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GRANPARAISO CONDO

480 NE 31 ST, Miami 33137

★ 4.5

2019

Year Built

312

Units

CI Score

Moderate

For Sale

$1.1M

Avg Price

$772

Sale $/SF

For Rent

$5,800

Avg Rent

$6.36

Rent $/SF

-3.1%

YoY

For Sale

For Rent

Investor-Owned

90%

Avg HOA

$1,624/mo

Building Details

Address

480 NE 31 ST, Miami, 33137

Neighborhood

Miami

Year Built

2019

Total Units

312

Avg Unit Sqft

1,398 SF

Tier

Premium

Avg $/SF

$772.45

Avg Rent

$5,800/mo

Rent $/SF

$6.36/SF

HOA Range

$560 – $2,836

Google Rating

4.5 (198 reviews)

Neighborhood Rank

Top 100%

Avg Unit Value

$1.1M

Total Sales (All-Time)

486

Phone

(786) 475-1790

Visit Building Website →

Investment Analysis

Yield Metrics

Rental Yield (annualized)5.5%

YoY Appreciation-3.1%

Total Yield41.1%

Median Rent$5,800/mo

Liquidity & Demand

Closed Sales (120d)3

Days on Market186 days

Months of Inventory24.0

Sale-to-List Ratio1.0%

Price Reduction Rate100%

Investor-Owned90%

For Sale6

For Rent6

Top 100%

Neighborhood percentile

Market Data

Sale Price Trend ($/SF)

$770

-6.6%

Rental Price Trend ($/SF)

$6.17

+22.7%

Building Activity

Sales & Listings

Active Listings

For Sale (6)

$674K

Unit 702

1 bd2 ba940 sf

$717/SF184 DOM

$735K

Unit 802

1 bd2 ba940 sf

$782/SF13 DOM

$819K

1 bd2 ba940 sf

$920K

2 bd2 ba1,057 sf

$975K

2 bd3 ba1,186 sf

$975K

2 bd3 ba1,143 sf

For Rent (6)

$5K

Unit 902

1 bd3 ba940 sf

$5/SF

$5K

Unit 802

1 bd3 ba940 sf

$5/SF13 DOM

$5K

Unit 702

1 bd2 ba940 sf

$6/SF8 DOM

$7K

Unit 3906

2 bd2 ba1,057 sf

$6/SF27 DOM

$8K

Unit 4805

2 bd0 ba1,143 sf

$7/SF13 DOM

$9K

Unit 1207

3 bd3 ba1,649 sf

$5/SF486 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Dec 22, 2025	$850K	$743.66	2/3	1,143
Dec 19, 2025	$1.3M	$770.16	3/3	1,649
Dec 8, 2025	$1.3M	$803.52	3/3	1,649
Nov 14, 2025	$675K	$627.91	1/2	1,075
Oct 9, 2025	$2.1M

Units & Ownership

Total Units

312

Avg Sqft

1,398 SF

Avg Assessed

$1.0M

Owner-Occupied

10%

Tax & Ownership

Investor-Owned

90%

Owner-Occupied

10%

Avg Assessed Value

$1.0M

Avg Taxable Value

$1.0M

Effective Year Built

2019

Zoning

4604

Unit Mix

Studio6

Avg 2,439 SF

1 BR36

Avg 940 SF

2 BR168

Avg 1,183 SF

3 BR47

Avg 1,662 SF

4 BR55

Avg 2,015 SF

Unit Directory

Showing 10 of 312 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
601	4	4	1,871	$1.3M	✓	$1.4M	$727	Mar 2022
602	1	2	940	$562K	—	$648K	$689	Feb 2019
603	2	3	1,187	$708K	—	$850K	$716	Jan 2019
604	2	3	1,186	$708K	—	$892K	$752	Jan 2019
605	2	3	1,143	$705K	—	$850K	$744	Apr 2022
606	2	2	1,057	$504K	✓	$787K	$744	Feb 2019
607	3	3	1,649	$760K	✓	$1.2M	$728	Feb 2019
701	4	4	1,871	$1.3M	—	$1.7M	$928	Jan 2019
702	1	2	940	$566K	—	$640K	$681	Feb 2019
703	2	3	1,187	$713K	—	$868K	$731	Jan 2019