480 NE 31st St · Miami, FL 33137 · Edgewater

Gran Paraiso

54-story tower, completed 2019, 312 residences in Edgewater. 23 for sale and 4 for rent on Nov 2, 2026.

Tell me your unit and I'll prepare its value myself, from Gran Paraiso's closed sales and what is listed now. Then we talk it through.

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At a glance Gran Paraiso (480 NE 31st St, Edgewater) is a 54-story, 312-unit building completed in 2019. As of Nov 2, 2026, 23 units are for sale and 4 are for rent; the median closed price was $771 per square foot over 20 sales in the last 12 months. FEMA flood zone AE. Source: Miami Assoc. of REALTORS® MLS via Bridge IDX, Miami-Dade Property Appraiser records and the FEMA flood map.

6 photos from my condo archive

For sale
23
For rent
4
Median $/SF
$77120 sales · 12 mo
Sold
20last 12 months
Built
2019
Floors
54
Residences
312county
Flood zone
AEFEMA
Owner-occupied
52%
Avg. unit
1,398sq ft

MLS via Bridge IDX · as of Nov 2, 2026 · How these numbers are made

On the market at Gran Paraiso.

The weekly MLS snapshot, newest asks first. Each unit opens its full listing: photos, taxes, history. Or check the live feed for today's inventory.

Snapshot as of Nov 2, 2026.

For sale 23 listings · Nov 2, 2026

Unit PH5101$3,475,000$1,305/SF4 bd · 4.5 ba · 2,663 sf258 days listed · $3,525/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit Ph5104$3,245,000$1,162/SF4 bd · 4.5 ba · 2,792 sf178 days listed · $3,562/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit PH5303$2,999,990$1,241/SF4 bd · 4.5 ba · 2,418 sf74 days listed · $3,596/mo HOA · listed by Related General Realty, LLC.Full listing →Unit PH5002$2,500,000$1,386/SF3 bd · 3.5 ba · 1,804 sflisted today · $2,330/mo HOA · listed by Compass Florida, LLCFull listing →Unit 4601$2,399,000$1,282/SF4 bd · 4.5 ba · 1,871 sf2 days listed · $2,836/mo HOA · listed by BRG International , LLCFull listing →Unit 3501$2,300,000$1,229/SF4 bd · 4.5 ba · 1,871 sflisted today · $2,000/mo HOA · listed by Cervera Real Estate Inc.Full listing →Unit 3401$2,190,000$1,170/SF4 bd · 4.5 ba · 1,871 sf253 days listed · $2,772/mo HOA · listed by Coldwell Banker RealtyFull listing →Unit 3301$1,990,000$1,064/SF4 bd · 4.5 ba · 1,871 sf1 day listed · $2,836/mo HOA · listed by Florida.Doc IncFull listing →Unit 3101$1,920,000$1,026/SF4 bd · 4.5 ba · 1,871 sf1 day listed · $2,772/mo HOA · listed by PMG Residential LLCFull listing →Unit 3201$1,895,000$1,013/SF4 bd · 4.5 ba · 1,871 sf2 days listed · $2,902/mo HOA · listed by Miami Beach Real Estate GroupFull listing →Unit 3507$1,550,000$940/SF3 bd · 3 ba · 1,649 sf3 days listed · $2,460/mo HOA · listed by Celis Realty GroupFull listing →Unit 1404$1,199,999$1,012/SF2 bd · 3 ba · 1,186 sf2 days listed · $1,805/mo HOA · listed by One And Only Realty Miami LPFull listing →Unit 4705$1,150,000$1,006/SF2 bd · 3 ba · 1,143 sf24 days listed · $1,692/mo HOA · listed by The Corcoran GroupFull listing →Unit 1705$1,100,000$962/SF2 bd · 3 ba · 1,143 sf154 days listed · $1,732/mo HOA · listed by Related General Realty, LLC.Full listing →Unit 3705$1,075,000$941/SF2 bd · 3 ba · 1,143 sf134 days listed · $1,732/mo HOA · listed by One Sotheby's International RealtyFull listing →Unit 3405$1,070,000$936/SF2 bd · 3 ba · 1,143 sf209 days listed · $1,732/mo HOA · listed by Intercapital Realty, Inc.Full listing →Unit 2904$1,065,000$898/SF2 bd · 3 ba · 1,186 sf28 days listed · $1,036/mo HOA · listed by Barnes International Realty, LLCFull listing →Unit 1504$1,060,000$894/SF2 bd · 3 ba · 1,186 sf233 days listed · $1,756/mo HOA · listed by Douglas EllimanFull listing →Unit 1603$999,000$842/SF2 bd · 3 ba · 1,187 sf139 days listed · $1,798/mo HOA · listed by Barnes International Realty, LLCFull listing →Unit 2405$993,900$870/SF2 bd · 3 ba · 1,143 sf179 days listed · $1,693/mo HOA · listed by Soulhaus Living, Inc.Full listing →Unit 4206$960,000$908/SF2 bd · 2 ba · 1,057 sf25 days listed · $1,602/mo HOA · listed by Florida.Doc IncFull listing →Unit 906$899,000$851/SF2 bd · 2 ba · 1,057 sf89 days listed · $1,366/mo HOA · listed by Signature International Real EFull listing →Unit 2202$799,000$850/SF1 bd · 2 ba · 940 sf943 days listed · $1,376/mo HOA · listed by Compass Florida, LLCFull listing →

Under contract 6

  • Unit 1802$795,000 · 1 bd
  • Unit PH5204$19,000/mo · 4 bd
  • Unit 2607$10,500/mo · 3 bd
  • Unit 2806$6,300/mo · 2 bd
  • Unit 1005$6,250/mo · 2 bd
  • Unit 4706$6,200/mo · 2 bd

Listings matched to this building's recorded addresses. I don't have to be the listing agent to show you any unit or to negotiate for you. Search condos in 33137

Gran Paraiso, floor by floor.

Every unit the MLS has recorded here, placed by its unit number: floors up, lines across, each column as wide as the units in it. Amber is for sale today (a unit listed both for sale and for rent is amber). Hover or tap a unit to read its record.

227 units seen · MLS via Bridge IDX · as of Nov 2, 2026
  • For sale 23
  • Under contract 6
  • For rent 3
  • Sold or leased, last 12 months 55
  • Seen in the MLS before that 140
  • No MLS record seen 95
0102030405060754650454035302520151001020304050607546504540353025201510Floors 1 to 5: no unit seen in the MLSFloors 1 to 5: no unit seen in the MLS

Tap a unit to read its record here. Amber and white units open their listing page.

Units seen227of 312 residences on record
Floors with units48floors 6 to 54
Lines7stacks of units, by number

Closed $/SF by height sales in the 24 months to Nov 2, 2026

Upper floorsfloors 39 to 54$820/SF · 9 sales
Middle floorsfloors 23 to 38$804/SF · 9 sales
Lower floorsfloors 6 to 22$743/SF · 12 sales

Closed $/SF figures use the 30 recorded sales of these units in the 24 months to Nov 2, 2026; a median needs three. Floor, line and size are the record's. Views and orientation are not in it and are not shown.

Line 05 closed highest per square foot: a median $820/SF over 5 sales in 24 months. The largest typical unit is line 01, a median 1,871 sf over 26 units seen, recorded with 4 bedrooms.

The lines what the MLS record holds for each stack of units
LineUnits seenTypical sizeBedsOn the marketClosed $/SF · 24 mo
Line 01261,871 sf471 sale, too few
Line 0235940 sf13$751 8 sales
Line 03291,187 sf22$796 4 sales
Line 04391,186 sf25$801 5 sales
Line 05331,143 sf28$820 5 sales
Line 06331,057 sf242 sales, too few
Line 07321,649 sf33$770 5 sales

8 units in the record sit outside this grid (3602-03, 3602/03, 3802-3803, 4202/03, 4802-4803, 5104A, PH-04, UPH3): penthouse, townhouse or ground-level numbers, or lines seen only once or twice.

How this is drawn: a unit's floor and line come from its MLS unit number alone (5614 is floor 56, line 14). A cell exists only where the MLS has recorded a listing, a closing or a lease; a blank means no record was seen, not that no unit exists. Column widths follow each line's median recorded living area. Pre-construction towers and buildings with a thin record have no drawing.

Floor and line from the MLS unit number; a blank cell means no record was seen. How these numbers are made

The read on Gran Paraiso.

Activity as of Nov 2, 2026
  • Resale +22%. The median closed price moved from $637/SF in 2020 (5 sales) to $778/SF in 2026 (16 sales), the first and last years with three or more recorded sales.
  • Gross rental yield 8.7%. A year of rent at the median $5.60/SF/mo (52 leases) against the median $771/SF sale (20 sales), both over 12 months, before HOA, taxes and vacancy.
  • Asks run +31% against closings. Sellers ask a median $1,006/SF (23 listings) against $771/SF closed (20 sales, 12 months). That gap is negotiation room. Bring the comps.
  • Sells in a median 174 days. Days on market across the 20 sales closed in the last 12 months.
  • A renters' building. Leases outnumbered sales 3 to 1 over the last 12 months (52 leases, 20 sales), at a median $6,400 a month.
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

The numbers at Gran Paraiso.

Every sale and lease the MLS has recorded at this address, sales first.

MLS via Bridge IDX · as of Nov 2, 2026

Median $/SF by year closed

Every recorded sale at this address, 2019 to 2026. Count in the tooltip.

$434$868$6232019$6372020$6742021$8682022$8432023$8682024$8012025$7782026$434$868$623'19'20'21$868'22'23$868'24'25$778'26

Pale bars: fewer than three sales that year, so the bar is the sale itself or the average of two, too few for a median.

Year by year, every recorded closing
YearSalesMedian $/SFLeasesMedian rent
2026 (to date)16$77842$6,400/mo
202513$80161$6,100/mo
202412$86878$5,838/mo
202324$84375$5,700/mo
202225$86862$6,000/mo
202114$67478$5,500/mo
20205$63766$3,940/mo
20192$623*6$3,800/mo

* Fewer than three closings that year: the figure is the closing itself or the average of two, too few for a median.

Closed $/SF by unit size

Median $/SF of the sales in the 12 months to Nov 2, 2026, with the count beside each bar.

1 bedroom$742/SF · 6 sales
2 bedrooms$819/SF · 8 sales
3+ bedrooms$764/SF · 6 sales

Medians need three or more sales. How these numbers are made

Own here? See how the building moved since you bought.

Median closed $/SF in 2020: $637 (5 sales). In the last 12 months: $771 (20 sales). Change: +21%.

This is the building's movement, not your unit's value. Floor, view, line and condition move a unit's price more than the building does. Only years with three or more recorded sales are listed.

Get your unit's value →
Show all closings 111 sales · 468 leases on record since 2019

Closed sales Nov 2, 2024 to Nov 2, 2026 · 30

UnitBDBASFAskedClosed$/SFClose dateDOM
160212.5940$729,000$695,000$739Oct 21, 2026125
4106221,057$919,900$865,000$818Sep 24, 2026317
3205231,143$975,000$912,000$798Jul 27, 2026321
3404231,186$1,050,000$930,000$784Jul 13, 2026174
3007331,649$1,395,000$1,325,000$804Jul 10, 202646
180144.52,232$1,795,000$1,675,000$750Jul 7, 202622
4906221,057$979,000$955,000$904Jun 9, 2026434
70212940$674,000$655,000$697Jun 2, 2026226
2407331,649$1,250,000$1,250,000$758Jun 1, 20260
3104231,186$1,050,000$1,000,000$843May 11, 2026343
210212940$750,000$712,000$757May 8, 202631
2007331,649$1,290,000$1,200,000$728May 7, 202624
400212940$700,000$700,000$745Apr 10, 202629
100212940$737,500$725,000$771Mar 23, 2026240
4805231,143$975,000$937,500$820Mar 13, 2026335
4503231,187$1,195,000$1,100,000$927Feb 25, 2026169
705231,143$900,000$850,000$744Dec 22, 2025161
4207331,649$1,300,000$1,270,000$770Dec 19, 2025202
4307331,649$1,349,500$1,325,000$804Dec 8, 2025186
1502121,075$698,000$675,000$628Nov 14, 2025155
380233.52,147$2,199,000$2,100,000$978Oct 14, 20251
903231,187$920,000$867,000$730Sep 22, 202528
1904231,186$950,000$920,000$776Aug 13, 20251,191
2203231,187$930,000$880,000$741Jun 30, 2025325
2304231,186$1,090,000$950,000$801Jun 27, 202518
2204231,186$1,050,000$970,000$818May 29, 2025166
2305231,143$990,000$950,000$831May 12, 2025164
PH500233.51,804$2,250,000$2,150,000$1,192Apr 8, 2025143
3005231,143$1,100,000$1,075,000$941Mar 6, 2025147
4403231,187$1,085,000$1,010,000$851Dec 17, 202463

Leases signed Nov 2, 2025 to Nov 2, 2026 · 52

UnitBDBASFAsked/moLeased/mo$/SF/moLease dateDOM
2003231,187$6,100/mo$6,300/mo$5.31Oct 19, 202680
210144.51,871$11,000/mo$11,000/mo$5.88Oct 16, 202652
180144.51,871$12,000/mo$11,000/mo$5.88Oct 14, 202690
605231,143$6,800/mo$6,600/mo$5.77Oct 2, 202659
160322.51,187$6,800/mo$6,500/mo$5.48Oct 1, 202683
260144.51,871$11,500/mo$10,900/mo$5.83Sep 28, 202648
4806221,057$6,500/mo$6,000/mo$5.68Sep 10, 20261
2707331,649$9,900/mo$9,600/mo$5.82Sep 10, 202693
160212.5940$5,400/mo$5,200/mo$5.53Sep 9, 202656
904231,186$6,400/mo$6,000/mo$5.06Sep 8, 202655
3006221,057$6,500/mo$6,000/mo$5.68Sep 3, 2026112
2306221,057$6,100/mo$6,100/mo$5.77Aug 6, 202659
190212.5940$5,250/mo$5,250/mo$5.59Aug 5, 202678
390212.5940$5,500/mo$5,400/mo$5.74Jul 22, 202612
2406221,057$6,000/mo$6,000/mo$5.68Jul 15, 202629

The 15 most recent of 52.

Data: Miami Assoc. of REALTORS® MLS via Bridge IDX, as of Nov 2, 2026. Listings matched to this building's recorded addresses; pending includes under-contract. Closed listings shown as records only, no photos. Blanks mean the record doesn't state it. How these numbers are made

The file on Gran Paraiso.

The rules on record, the documents in my files, the two Florida checks every buyer should run, and the buildings around it. Each card opens.

Rules · verified

What Gran Paraiso allows

Short-term / Airbnb
Not allowed
Minimum lease
31 days
Leases per year
3
5 more
Pets
Yes (Owners & Tenants)
Pool hours
Sunrise to Sunset
Gym hours
6:00 AM - 10:00 PM
EV charging
Available
Parking
generalmanager@granparaiso.com

Rules change: I confirm the current bylaws and application requirements before you write an offer or sign a lease.

FEMA flood zone

AE

Inside FEMA's Special Flood Hazard Area. A federally backed mortgage requires flood insurance here.

What the zone means
  • The 1% annual chance ("100-year") flood area, with a base flood elevation set.
  • Base flood elevation 9 ft (NGVD29).
  • The zone is a map line, not a premium. Ask the association for its master flood policy, and get a flood quote for the specific unit before you commit.

FEMA National Flood Hazard Layer, checked at the building's mapped location on Oct 12, 2026. Open the official map ↗

Milestone structural inspection

Due 2049

Due by statute by December 31, 2049, 30 years after 2019, then every 10 years.

What the deadline means
  • Miami-Dade sets 25 years for condo buildings within three miles of the coastline, which would be December 31, 2044.
  • Based on year built 2019 (county record). The statute counts from the certificate of occupancy date, which can differ.
  • The association must give every owner the inspector's summary. Ask for it, and for the structural integrity reserve study, before you commit.

Fla. Stat. § 553.899(3) ↗ and Miami-Dade recertification ↗, read Oct 9, 2026. What the deadline means for buyers

Nearby

Around Gran Paraiso

5 more nearby

Compare with the two nearest →Every Edgewater building →Distances are straight-line. Building data from Miami Assoc. of REALTORS® MLS records via Bridge IDX.

Own here, or looking here

Owners: tell me your unit and I'll prepare its value myself. Buyers and renters: I'll tell you when a unit here lists or sells. Either way it starts a conversation with me, not a mailing list.

Own here?

Get your unit's value

Tell me your unit and I'll prepare its value myself, from Gran Paraiso's closed sales and what is listed now. Then we talk it through.

Phone or email. One is enough.

Thinking about

Goes to Enrique only. No mailing list.

Looking here?

Get alerts when a unit lists or sells

When a unit at Gran Paraiso lists or sells, I'll let you know. I send these myself, not a robot.

Phone or email. One is enough.

Alerts for

Goes to Enrique only. No mailing list.

Enrique Ponte Ojeda on a balcony overlooking the water in Miami
I read the building before you buy or sell a unit in it.Closed history, the association's rules, what is really for sale and what it should trade at. Then we talk.
Enrique Ponte Ojeda
Licensed Florida Real Estate Agent · Carmona Realty Group