Read the full record 4 paragraphs and 17 facts, every figure from the MLS and county record
Completed in 2019, Gran Paraiso stands 54 stories at 480 NE 31st St in Edgewater. County folio records count 312 residences, averaging 1,398 SF of living area. Arquitectonica designed it for Related Group. Interiors are by Lissoni Associati. The condo archive records it as waterfront (no / across water).
23 units were for sale on November 2, 2026, asking $799K to $3.5M (median ask $1,006/SF across 23 listings). One more was under contract. 20 sales closed between November 2, 2025 and November 2, 2026, from $655K to $1.7M, a median $771/SF, after a median 174 days on the market. In the 12 months before that, 10 sales closed at a median $825/SF, so the median fell 7%. Across 111 recorded sales since 2019, the best year by median price per square foot was 2022, at $868 over 25 sales. That 12-month median ranks 7th of the 32 Edgewater buildings with at least three sales in the same window. Two-bedrooms made up 16 of the 30 sales in the last 24 months, at a median $943,750.
Four units were offered for rent at $8,000 to $21,900 a month. 52 leases were signed over the same 12 months, at a median $6,400 a month (range $4,300 to $18,000). Leases outnumbered sales 3 to 1 over that year, so renters are a large share of who lives here.
County records show 52% of residences as owner-occupied. Association rules on file: pets yes (owners & tenants); no short-term rentals; minimum lease 31 days; up to three leases a year. The association is managed by First Service Residential. I have four of its association documents on file, including the Declaration of Condominium and the Amendments to the Declaration.
Sources: Miami Assoc. of REALTORS® MLS via Bridge IDX (activity as of November 2, 2026), Miami-Dade Property Appraiser records and my condo archive. Blanks mean the record doesn't state it; nothing here is estimated.
The record
- Address
- 480 NE 31st St, Miami 33137
- Neighborhood
- Edgewater
- Developer
- Related Group
- Architect
- Arquitectonica
- Interior design
- Lissoni Associati
- Management
- First Service Residential
- Front desk / mgmt
- (786) 475-1384
- Year built
- 2019
- Floors
- 54
- Residences (county-verified)
- 312
- Owner-occupied
- 52% of residences
- Avg. unit size
- 1,398 sq ft
- Total living area
- 436,106 sq ft
- County condo folios
- 312
- Waterfront
- No / Across Water
- Recorded MLS listings
- 637
- Also recorded as
- 480 31st
408 NE 31st St