
$1,890,000
↓ Reduced 3%480 NE 31st St # 1501, Miami FL 33137
Miami, FL, 33137
- Year Built
- 2019
- Garage
- 1 spaces
- Property Type
- Condominium
- HOA Fee
- $2,836/mo
- Annual Taxes
- $26,418/yr
- MLS #
- A12000905
Market Position
Using 200 of 2,066 matching comparables
Lower percentile = priced below more of the sampled comparison set.
- List price
- $1,890,000 · area median: $1,162,500
- Days on market
- 53 · area median: 85
Priced below 31% of 200 comparable listings · area median: $771/SF
Computed from active comparable listings of the same type and similar size within about 10 miles.
Calculated: Jul 30, 2026 · Newest source update: Jul 30, 2026
Listing courtesy of The Corcoran Group · 305-677-2036
Listed by Raphael Sitruk
Last updated: Apr 28, 2026
Overview
Perched on a high floor at Gran Paraiso, Residence 1501 is a spectacular 4-bedroom, 4.5-bath waterfront home offering unobstructed Biscayne Bay views and stunning Miami Beach skyline vistas. This bright and airy residence features a highly desirable flow-through layout with triple exposure, allowing for both breathtaking sunrises and sunsets from the expansive wraparound terrace. Floor-to-ceiling glass floods the interiors with natural light, highlighting refined finishes throughout, including wood-look ceramic flooring and a sleek open kitchen equipped with premium appliances. The spacious primary suite offers direct terrace access and a spa-inspired bathroom with dual vanities, soaking tub, and separate glass-enclosed shower. Each additional bedroom is en-suite, ensuring comfort and privacy for family or guests. A private elevator opens into an exclusive foyer, adding an extra layer of privacy and sophistication. Additional features include dual-zone A/C and ample storage. Residents enjoy world-class amenities shared with Paraiso Bay, including a waterfront pool, state-of-the-art fitness center, spa, tennis courts, bowling lanes, kids’ play areas, on-site dining, and 24-hour concierge and security. Ideally located in the heart of Edgewater, minutes from Miami Beach, Design District, Wynwood, and the airport.
Features
Interior
Exterior
Flooring
Heating
Cooling
Parking
View
Appliances
est.$14,595/mo
Est. payment based on a $1,890,000 home price.
Estimate includes principal & interest, property tax and HOA where known — it excludes insurance, PMI, flood/wind, CDD and special assessments. For information only; actual amounts vary.
Similar Properties
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.




