What is the asking price and what does it include?

The list price for 480 NE 31st St # 1602, Miami FL 33137 is $760,000. The property is a property with 1 bedrooms, 2.5 bathrooms, approximately 940 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 480 NE 31st St # 1602, Miami FL 33137 in Miami, 33137. Coordinates are approximately 25.8067522, -80.1864603. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 760,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 480 NE 31st St # 1602, Miami FL 33137.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

480 NE 31st St # 1602, Miami FL 33137 | Miami-Dade County

1
Bedroom

2.5
Bathrooms

940 Sq Ft
Area Size

Active

480 NE 31st St # 1602, Miami FL 33137 | Miami-Dade County | A12023832

$760,000

Description

Enjoy the Most Luxurious Resort Style Living on Edgewater! This 1 bed 2 baths + Den have spacious living area and floor-to-ceiling windows that provide natural light and breathtaking water views. Living room opens up to a large balcony, providing the perfect space. Master features a spa-like bath with a large soaking tub, dual vanities and a separate shower. Master Bedroom offering plenty of closet space and views of the Bay. Full Service luxury building. A Must See!!

Address

Open on Google Maps

Address: 31st St
City: Miami
Zip/Postal Code: 33137

Details

Updated on June 8, 2026 at 8:07 am

Property ID A12023832
Price $760,000
Property Size 940 Sq Ft
Bedroom 1
Room 0
Bathrooms 2.5
Year Built 2019
Property Status Active

Additional details

StreetDirPrefix NE
LivingAreaUnits Square Feet
Flooring Ceramic Floor, Tile
PhotosCount 12
MIAMIRE_SubdivisionNumber 108
RoomBedroomFeatures Primary Bath Shower
ViewYN Yes
Cooling Central Air, Electric
SecurityFeatures Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured, TV Camera
MIAMIRE_NARRulesYN Yes
MIAMIRE_TypeofAssociation Condo
BuildingName GRAN PARAISO CONDO
AssociationFeeFrequency Monthly
HeatingYN Yes
ListingKeyNumeric 488031292
MLSAreaMajor Gran Paraiso Condo
TaxAnnualAmount 11871
BathroomsTotalDecimal 2.5
AssociationYN Yes
MlsStatus Active
StreetNumber 480
ListingKey bb54e40621423af9cea25b1a2aa5879f
MIAMIRE_AddressInternetDisplay 480 NE 31st St 1602
PoolPrivateYN No
ListingTerms All Cash, Assumable, Conventional
WaterfrontYN Yes
BathroomsFull 2
SubdivisionName GRAN PARAISO CONDO
InternetAddressDisplayYN Yes
DoorFeatures High Impact Doors
StoriesTotal 53
MIAMIRE_NumTimesLeasedYear 2
MIAMIRE_Restrictions Ok To Lease
PetsAllowed Restrictions Or Possible Restrictions
MIAMIRE_MaintenanceIncludes All Amenities
AssociationAmenities Billiard Room, Elevator(s), Exercise Room, Other, Pool, Tennis Court(s)
StreetNumberNumeric 480
MIAMIRE_MunicipalCode 1
ParkingFeatures 1 Space, Assigned, Covered
PostalCodePlus4 4586
Heating Central, Electric
MIAMIRE_Area 32
StructureType Condo 5+ Stories, Condo
ListingAgreement Exclusive Right To Sell
ListingId A12023832
BuildingAreaUnits Square Feet
InternetEntireListingDisplayYN Yes
MIAMIRE_MinimumNumofDaysforLease 180
InternetAutomatedValuationDisplayYN No
TaxYear 2025
ConstructionMaterials Concrete Block Construction
InternetConsumerCommentYN No
BuildingAreaTotal 940
CoolingYN Yes
LotSizeUnits Square Feet
MIAMIRE_SpecialAssessmentYN No
GarageYN Yes
MIAMIRE_AdjustedAreaSF 940
ListingContractDate 2026-05-22
StateOrProvince FL
CoveredSpaces 1
MIAMIRE_TypeofGoverningBodies Condominium
EntryLevel 16
FrontageType Bay
View Bay, Intracoastal View, Pool Area View
SignOnPropertyYN No
YearBuiltDetails Resale
IDXParticipationYN Yes
MIAMIRE_PetsAllowedYN Yes
PropertyAttachedYN Yes
MIAMIRE_ForLeaseYN No
HorseYN No
UnitNumber 1602
LeasableAreaUnits Square Feet
Inclusions None
EntryLocation Foyer
BathroomsHalf 1
SyndicationRemarks Enjoy the Most Luxurious Resort Style Living on Edgewater! This 1 bed 2 baths + Den have spacious living area and floor-to-ceiling windows that provide natural light and breathtaking water views. Living room opens up to a large balcony, providing the perfect space. Master features a spa-like bath with a large soaking tub, dual vanities and a separate shower. Master Bedroom offering plenty of closet space and views of the Bay. Full Service luxury building. A Must See!!
MIAMIRE_LPAmtSqFt 808.5106
MIAMIRE_FloodZone AE
NewConstructionYN No
GarageSpaces 1
MIAMIRE_OkToAdvertiseList Yes - Attribution Required (Agent and Office)
MIAMIRE_Style Condo 5+ Stories
AssociationFee 1426
LotSizeSquareFeet 0
ArchitecturalStyle High Rise
MIAMIRE_MembershipPurchRqdYN No
UnparsedAddress 480 NE 31st St # 1602, Miami FL 33137
MIAMIRE_Blogging Yes
FeedTypes IDX