Gran Paraiso Miami Condos for Sale & Rent | 480 NE 31st Street, Edgewater, Miami, FL 33137 | CondoInvestMiami
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Gran Paraiso Miami Condos for Sale & Rent

480 NE 31st Street, Edgewater, Miami, FL 33137

Gran Paraiso on the Bay is publicly presented at 480 NE 31st Street in Edgewater Miami.

Ask about this building
Price
From $740,000
Bedrooms
1–4
Listed now
23 listed
Year Built
2019
Last updated Nov 8, 2026, 6:24 AM EST

For Sale Units

23 for-sale listings at Gran Paraiso

1702$740,00012940$7870
906$899,000221,057$85189
4206$960,000221,057$90825
2405$993,900231,143$870179
1603$999,000231,187$842139
1504$1,060,000231,186$894233
2904$1,065,000231,186$89828
3405$1,070,000231,143$936208
3705$1,075,000231,143$941134
1705$1,100,000231,143$9620
4705$1,150,000231,143$1,00624
1404$1,199,999231,186$1,0122
4303$1,250,000231,187$1,0530
3507$1,550,000331,649$9403
3201$1,895,00044.51,871$1,0132
3101$1,920,00044.51,871$1,0261
3301$1,990,00044.51,871$1,0641
3401$2,190,00044.51,871$1,170253
3501$2,300,00044.51,871$1,2290
4601$2,399,00044.51,871$1,2822
PH5002$2,500,00033.51,804$1,3860
PH5303$2,999,99044.52,418$1,24180
Ph5104$3,245,00044.52,792$1,162176

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Building Details

ArchitectArquitectonica
MLS Units Seen129
Year Built2019

Building profile

About Gran Paraiso

Gran Paraiso on the Bay is publicly presented at 480 NE 31st Street in Edgewater Miami.

Building data

Quick facts

Building details and live MLS activity are presented for easy comparison.

DBPR condominium units
313Source: Florida DBPR — Condominiums by County (project Units) · Checked
Median closed $/sq ft (12 months)
$771 (19 sales)

Price per sq ft by year (MLS aggregate)

YearMedian closed $/sq ftNumber of closed sales
2021$67411
2022$86825
2023$84323
2024$86211
2025$80113
Trailing 12 months$77119

Source: Miami MLS closed sales, aggregated by CondoInvestMiami · Updated

Building details

Year built

2019

Current MLS snapshot

Current Miami-Dade MLS activity for this building.

Live price range

$740,000 – $3,245,000

Bedrooms listed

1–4

Size range

940–3,294 sq ft

Average list $/sq ft

$1,021

Sales by period

PeriodClosed salesMedian closed $/sq ftMedian closed price
3 months1Not enough salesNot enough sales
6 months10$791/sq ft$942,500
12 months19$771/sq ft$937,500
24 months29$798/sq ft$950,000

Median closed metrics require at least 10 matched closed sales and at least 10 eligible observations for each metric in the stated period.

Market data

Closed sales, 12 months
19
Median closed $/sq ft
$771
Median days on market
174 days
Median sale-to-list ratio
95.2%

Source: MLS closed sales, 2025-11-08 to 2026-11-07 (inclusive). How our data works · Full Miami condo market data

Active inventory and market data

Closed sales, 12 months
19
Closed sales, 24 months
29
Active for sale
23
Pending / under contract
1
Months of supply
14.5 months

Active for sale × 12 ÷ closed sales (12 months): 23 × 12 ÷ 19. n=19 closed sales; no minimum sample threshold.

Median days on market — active for-sale listings
24 days

n=23 current active for-sale listings with valid nonnegative MLS days on market. Includes ComingSoon; excludes rentals, pending and closed sales. Small samples are shown.

Closed-sale medians — 24 months

Median closed $/sq ft, 24 months
$798/sq ft

n=29 eligible observations

Median closed price, 24 months
$950,000

n=29 eligible observations

Median closed-sale days on market, 24 months
164 days

n=29 eligible observations

Median sale-to-list ratio, 24 months
95.2%

n=29 eligible observations

24-month medians require at least 10 matched closed sales and 10 eligible observations per metric. Window: 2024-11-08 to 2026-11-07 (inclusive).

Source: current MLS inventory and aggregated closed sales for this building. How our data works

Unit lines from current listings

Current active and pending MLS listings only. Lines use the last 2 numeric unit digits, keeping tower letters separate. This is a listing sample, not a complete building floor plan.

Unit-line aggregates from 29 available eligible listings; 0 ambiguous or unparseable unit identifiers excluded.
Line / towerBedsLiving area (sq ft)Observed floorsListingsFloor methodology
0141,87131, 32, 33, 34, 35, 466Derived from unit number (6)
021, 3940–1,80417, 223Derived from unit number (2)
032, 41,187–2,41816, 433Derived from unit number (2)
042, 41,186–2,79214, 15, 295Derived from unit number (4)
0521,1439, 17, 24, 32, 34, 37, 477Derived from unit number (7)
0621,0579, 40, 423Derived from unit number (3)
0731,6499, 352Derived from unit number (2)

Floors are reported by MLS where available. For numeric unit numbers without a reported floor, the prefix before the final two digits is used; those floors are marked as derived.

Beds and living areas are reported by MLS. No sold-unit details or prices are included.

Building highlights

Residence Details

✓The wider 1,367-unit development total is not assigned to Gran Paraiso

Photo Gallery

5 photos

Photo credits

Photo: Gran Paraiso · Official building website · Owner-provided official-source building galleryPhoto: Gran Paraiso · Official building website · Owner-provided official-source building galleryPhoto: Gran Paraiso · Official building website · Owner-provided official-source building galleryPhoto: Gran Paraiso · Official building website · Owner-provided official-source building galleryPhoto: Gran Paraiso · Official building website · Owner-provided official-source building gallery

Location

Explore the neighborhood

480 NE 31st Street, Edgewater, Miami, FL 33137

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Building records

Flood zone
AESource: FEMA National Flood Hazard Layer — effective Flood Hazard Zones · Checked
Hurricane evacuation zone
CSource: Miami-Dade County — Hurricane Evacuation Zone / Storm Surge Planning Zone · Checked
Year built
2019Source: Miami-Dade Property Appraiser — official current residential parcel · Checked
DBPR condominium units
313Source: Florida DBPR — Condominiums by County (project Units) · Checked
Show all records
FEMA zone at the building’s documented map point, not the entire parcel or building footprint.
County planning zone at the documented building point; this is not an evacuation order.
Year reported for a current residential parcel; recorded years can differ between units.
DBPR reports condominium-project units; these may differ from residential-only or physical-building totals.
Milestone / 40–50 year recertification
Not found in public records as of November 2, 2026Source: City of Miami GIS — 40 Year Recertification · Checked
FHA project approval
Not yet checkedSource: HUD FHA condominium approval list · Not yet checked
VA project approval
Not found in public records as of November 2, 2026Source: U.S. Department of Veterans Affairs — LGY Hub Condominium Report · Checked
DBPR association registration
Association: GRAN PARAISO CONDO ASSN INC · Project PR76292 · Project status: Approved / RecordedSource: Florida DBPR — published condominium project registration · Checked DBPR reports condominium-project units; these may differ from residential-only or physical-building totals.
Rental rules reported in listings
Pets: Conditional,Yes most frequently reported; reported values: CatsOk,DogsOk,Yes · Conditional,CatsOk,DogsOk,Yes · Conditional,No,Yes · Conditional,SizeLimit,Yes · Conditional,Yes · DogsOk,No,Yes · DogsOk,PetFee,Yes · DogsOk,SizeLimit,Yes · DogsOk,Yes · No · No,Yes. As reported in 28 active listingsSource: Active Miami MLS listings · Checked Sample: 28
Special assessments reported in listings
Not yet checkedSource: Active Miami MLS listings · Not yet checked
HOA per sq ft
$1.51 per sq ft per month · n=23Source: Active Miami MLS listings · Checked Sample: 23

These records come from public sources and active MLS listings on the dates shown. They do not replace the association's budget, reserve study (SIRS), milestone inspection report, insurance and minutes, which a buyer should request before signing.

What does the 12-month MLS history show?

In the last 12 months, 19 MLS sales closed at a median $771 per square foot and a median 174 days on market.

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