480 NE 31st St # 3705, Miami FL 33137, MIAMI, FL, 33137
Active72 days on marketListed Jun 6, 2026MLS #A12032379
About this home
480 NE 31st St # 3705, Miami FL 33137
Trendy GranParaiso located in Edgewater, Miami’s hottest new neighborhood. Beautiful 2 bedrooms/3 bath plus DEN with floor to ceiling windows and easy access to the balcony with breathtaking BAY VIEWS! 10 FT ceilings, porcelain floors throughout, finished custom closets, electric blinds, wolf appliances, and sub-zero refrigerator. Designed by architecture Piero Lissoni and landscaping designed by Swiss landscape architect Enzo Enea. Wonderful amenities like kids play area, clubroom, exercise room, golf,theatre,pool,spinning, spa/hottub, hamam, bowling room, tennis court and access to GranParaiso beach club.Located on Biscayne Bay, GranParaiso’s Beach Club features a restaurant by award-winning chef Michael Schwartz with elegant indoor and outdoor dining.Centrally located in North Edgewater with easy access to I-95, Miami Beach and the Design District.
Facts & features
The home at a glance
2
Bedrooms
3
Bathrooms
1,143
Sqft
1
Garage
2019
Year built
$941
Per sqft
Inside
Outside & construction
Community & fees
Utilities & systems
The numbers
What it really costs
Built from this home's actual numbers — the most recent property-tax bill on record and the real association fee — not generic estimates.
$9,342 /mo · 10% down Conventional, 30-yr fixed at 6%
The assumptions
Above the FHA loan limit for our service areas, so Conventional is the default. VA buyers: switch below — $0 down.
These numbers assume a generic buyer — your credit, down payment and loan program change them. Get the real quote in minutes:
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Run your own numbers
FHA isn’t available at this price — the loan would exceed the $541,287 FHA limit for our service areas.
Estimated payment
$9,342/mo
Includes estimated PMI — it drops off once you reach 20% equity. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.
Value check
Is the price right?
The internet’s favorite home-value number comes from a single automated model that has never seen the street, the finishes, or the view — which is why it routinely misses by tens of thousands of dollars. The edgeAI estimate combines multiple independent data sources with our team’s on-the-ground expertise in this exact market.
vs edgeAI estimate
+11.6%
$/sqft vs GRAN PARAISO CONDO
$941 vs $936
Days on market
72 vs 66 typical
Where $941/sqft sits among the 18 homes for sale in GRAN PARAISO CONDO
The edgeAI estimate is a starting point, not an appraisal or a broker price opinion. It is generated from public records, listing data and market modeling, and is subject to change once a licensed real estate professional personally inspects the property. Condition, floor, view and lot are not fully captured by any model — ask us for a full comparative market analysis.
Where it sits
Inside Edgewater
Get to know Miami. See the full Miami guide →
Edgewater — neighborhood snapshot
Population
19,496
Median age
35
Median income
$117,257
Median home value
$420,344
Avg household
2
Households w/ children
1,579
For the school run
Dade County School District
School assignments and ratings via edgeAI — always verify with the district.
The numbers that matter
The Miami market
$508K → $590K
Miami median sold, yr/yr
97.6%
Sale-to-list ratio (12 mo)
0 of 18
GRAN PARAISO CONDO have cut their price
Median sold price, Miami, trailing 36 months (3-month rolling) · live MLS data.
This home is listed 129% above the MIAMI 33137 median. See the full Miami market guide →
Paper trail
This home's history
Reality check
What actually sold near 480 NE 31st St # 3705
Asking prices are opinions — closed sales are facts. The most comparable homes that actually changed hands nearby in the last twelve months.
Sold · Mar ’26$937,500
480 NE 31st St # 4805, Miami FL 33137 · same community
2 bd · 3 ba · 1,143 sqft · $820/sqft · 335 DOM
Sold · Dec ’25$850,000
480 NE 31st St # 705, Miami FL 33137 · same community
2 bd · 3 ba · 1,143 sqft · $744/sqft · 161 DOM
Sold · Jul ’26$930,000
480 NE 31st St # 3404, Miami FL 33137 · same community
2 bd · 3 ba · 1,186 sqft · $784/sqft · 174 DOM
Closed-sale data from the MLS, last 12 months, selected for similarity in size and location. No two homes are identical — ask us for a full comparative analysis.
Your home team
The pros in your corner
Buying a home is two conversations — the home and the money. Here’s who handles each, side by side, already working together.
Your agent
Gianfranco Di Flumeri
Real Estate Agent · CENTURY 21 Edge
Tours, negotiation, and every question about 480 NE 31st St # 3705 — start here.
Your lender
Andrew Acosta
Acosta Home Loans with PRMG · NMLS #1468866
Pre-approval, rates, and the real monthly number for 480 NE 31st St # 3705 — before you fall in love.
See it in person
Schedule a tour
Live availability from Gianfranco's calendar — pick a time and it's booked. Confirmation lands in your inbox immediately.
Straight answers
480 NE 31st St # 3705 FAQs
What would the monthly payment be for 480 NE 31st St # 3705, Miami FL 33137?+
With 10% down on a 30-year Conventional loan at 6%, the all-in payment lands around $9,342/mo — principal and interest, the actual property-tax bill, the $1,732/mo association fee and typical Florida insurance. The payment calculator on this page lets you switch loan type (FHA, Conventional, VA) and adjust the down payment, rate and term.
How much are the HOA fees at 480 NE 31st St # 3705, Miami FL 33137?+
The association fee works out to $1,732 per month. Ask us for the full association documents — they spell out exactly what the fee covers.
What are the property taxes on 480 NE 31st St # 3705, Miami FL 33137?+
The most recent tax bill on record (2025) was $14,957. A new owner's bill can differ once the sale price resets the assessed value — we can walk you through what to expect.
How does the price compare to other homes in Miami?+
At $1,075,000, this home is listed about 76% above the Miami median of $610,000. The market section on this page shows how the area is trending.
Which schools are assigned to 480 NE 31st St # 3705, Miami FL 33137?+
Eneida M. Hartner Elementary School (elementary), Jose De Diego Middle School (middle), District Instructional Center (Dic) (), Booker T. Washington Senior High (high), Instructional Center System Wide (), Title I Migrant Education Program () — Dade County School District. Always verify school assignments with the district before relying on them.
The brief
Three things that matter here
01Positioned at the premium end
$1,075,000 runs 129% above the MIAMI 33137 median.
02Waterfront living
This home sits directly on the water — the single scarcest feature in Florida inventory and the strongest long-term value anchor.
03Know the monthly fee
The association fee is $1,732/mo. That usually buys real services — verify what's covered before comparing this home against fee-free alternatives.
Keep looking
Similar homes nearby
Listing courtesy of One Sotheby's International Realty · Merve Gumusyazici. MLS #A12032379.
IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Miami Association of REALTORS®.
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