Real Estate by Fania — Stefania Riverin
(786) 828-0091

$3,245,000was $3,295,000

480 NE 31st Street #Ph5104

4 bd · 2,792 sq ft

Asking price cut 1.5% on October 2, from $3,295,000.

178 days on marketCondominiumWaterfront
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Listing courtesy of One Sotheby's International Realty. 305-538-9711

From the MLS

Bedrooms
4
Living area
2,792 sq ft
Asking per square foot
$1,162
Year built
2019
Association fee
$3,562 monthly
Parking spaces
2
ZIP code
33137
MLS number
B26025251

What the listing says

PRICE IMPROVEMENT!!! Discover unparalleled luxury in this exquisite corner penthouse at Gran Paraiso, with breathtaking sunrise and sunset views. This expansive 4-bedroom, 4.5-bathroom residence spans 2,792 square feet and features a magnificent 951-square-foot wraparound balcony, perfect for enjoying Miami's stunning vistas, complete with an outdoor jacuzzi for ultimate relaxation. Inside, experience a gourmet Italian kitchen equipped with top-of-the-line Sub-Zero refrigeration and Wolf appliances, ideal for culinary enthusiasts. Two assigned parking spaces and access to Gran Paraiso's world-class amenities, including a 100-foot lagoon-shaped pool with towel service, tennis courts, a state-of-the-art gym, a tranquil hammam, a dedicated kids' playroom, and a convenient dog park. *Some images have been generated with AI. Open to shorter term leases as well. First, last and security deposit plus a deposit to the association. 4 total

Description supplied by One Sotheby's International Realty.

About Gran Paraiso

If you are looking at Gran Paraiso condos for sale, the useful starting point is not the brochure but the county roll. The tower stands at 480 NE 31st Street in Edgewater, and Miami-Dade records it as GRAN PARAISO CONDO — that is the name you need to pull the folio, the recorded deeds or the declaration yourself. Almost every page written about this building repeats the same developer copy. This one sets what the developer states beside what the public record shows, and is explicit about the places where the two do not agree.

What has actually sold in Gran Paraiso →

That page takes its sale prices from the Miami-Dade county roll, not from a listing, and says how many recorded transfers were excluded as not arm’s-length. It is the number worth negotiating against.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

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Or tell her what you are actually looking for

One listing is a data point. If you say what the place is for, she will come back with the buildings that fit and the ones to avoid.

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