What did 480 NE 31st Street PH5401 sell for?

480 NE 31st Street PH5401 sold for $4,200,000 on Oct 20, 2023, about 97.7% of its last asking price of $4,300,000 and about $1,494 per square foot. Recent sales like this one are what buyers and sellers nearby price against.

What are the association fees at 480 NE 31st Street PH5401?

The listing reported an association fee of $1,475 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.

What are the property taxes on 480 NE 31st Street PH5401?

The listing reported annual property taxes of $51,950 for 2021. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.

When was 480 NE 31st Street PH5401 built?

480 NE 31st Street PH5401 was built in 2019 and the listing describes its condition as new construction resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long was 480 NE 31st Street PH5401 on the market?

480 NE 31st Street PH5401 was on the market for 257 days before it sold, after the asking price was reduced from $5,999,000 to $4,300,000.

Is 480 NE 31st Street PH5401 waterfront?

Yes. The listing described the water as fixed bridge other canal front bayfront intracoastal.

Is 480 NE 31st Street PH5401 still for sale?

No. 480 NE 31st Street PH5401 sold on Oct 20, 2023. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

480 NE 31st Street PH5401, Miami, FL 33137

Sold $4,200,000 · Oct 20, 2023

Last asking price $4,300,000 · 97.7% of asking · 257 days on market

Similar Homes for Sale Nearby

725 NE 24th Street 3301, Miami, FL 33137 · $3,700,000 · 4 bd · 5.5 ba · 2,996 sq ft
788 NE 23rd Street 1501, Miami, FL 33137 · $3,500,000 · 3 bd · 4.5 ba · 2,315 sq ft
3131 NE 7th Avenue UPH5301, Miami, FL 33137 · $5,250,000 · 4 bd · 4.5 ba · 2,915 sq ft
700 NE 26th Terrace 3401, Miami, FL 33137 · $3,050,000 · 3 bd · 4.5 ba · 2,586 sq ft

5 beds
5.5 baths
2,812 sq ft
Condominium
Built 2019
New Construction
HOA $1,475/mo
2 garage spaces
Miami-Dade County
MLS# A11320623
Gran Paraiso Condo

Photo 1 at 480 NE 31st Street PH5401, Miami

Photo 2 at 480 NE 31st Street PH5401, Miami

Photo 3 at 480 NE 31st Street PH5401, Miami

Photo 4 at 480 NE 31st Street PH5401, Miami

Photo 5 at 480 NE 31st Street PH5401, Miami

Photo 6 at 480 NE 31st Street PH5401, Miami

Photo 7 at 480 NE 31st Street PH5401, Miami

Photo 8 at 480 NE 31st Street PH5401, Miami

About this home

Private elevator access, 5 bd / 5.5 baths two-story AMAZING Penthouse featuring direct, unobstructed views of the bay, and city, breathtaking views from the huge terrace on the second floor with BBQ and Jacuzzi. The wrap-around balcony with access to all bedrooms has a 360-degree view of all of Miami-Dade. High-end kitchen appliances by Sub-Zero, spacious walk-in closets,The private terrace with a plunge pool, summer kitchen, and more. Plenty of amenities, including... swimming pools, tennis courts, a children’s playground, a spa, a fitness center, a teen’s game room, a wine cellar, bowling lanes, a theater, a full-service concierge, and more. Close to Miami International Airport, within walking distance to Design District, Midtown, and Wynwood. Private elevator access, 5 bd / 5.5 baths two-story AMAZING Penthouse featuring direct, unobstructed views of the bay, and city, breathtaking views from the huge terrace on the second floor also from the wrap-around balcony with access to all bedrooms, high-end kitchen appliances by Sub-Zero, spacious walk-in closets,The private terrace with a plunge pool, summer kitchen, and more. A lot of amenities, including swimming pools, tennis courts, a children’s playground, a spa, a fitness center, a teen’s game room, a wine cellar, bowling lanes, theater, full-service concierge, and more, close to Miami International airport, within walking distance to Design District, Midtown, and Windwood.

Features

Elevator
High Ceilings
Other
Walk-In Closet(s)
Bedroom Layout - Split
Closet Cabinetry
Barbecue
Balcony
Fixed Bridge
Other
Canal Front
Bayfront
Intracoastal
Private

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

United Realty Group Inc. · pbrownell@urgfl.com · Listing agent: Claudia F Lopez PA

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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 BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Thinking of Selling Nearby?

480 NE 31st Street PH5401 sold on Oct 20, 2023. Your buyer may already be looking. BreakThru Realty works with hundreds of prequalified buyers searching for properties. A broker compares your home at Gran Paraiso with this sale and the closings nearest it, checks it against the buyers on file and calls you with your selling options. Find Out If We Have Your Buyer, or see homes for sale in Miami. Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com.

Questions About 480 NE 31st Street PH5401

What did 480 NE 31st Street PH5401 sell for?: 480 NE 31st Street PH5401 sold for $4,200,000 on Oct 20, 2023, about 97.7% of its last asking price of $4,300,000 and about $1,494 per square foot. Recent sales like this one are what buyers and sellers nearby price against.
What are the association fees at 480 NE 31st Street PH5401?: The listing reported an association fee of $1,475 per month at the time of the sale. Fees and special assessments change; check the association's current budget before you compare it with another home.
What are the property taxes on 480 NE 31st Street PH5401?: The listing reported annual property taxes of $51,950 for 2021. Taxes are reassessed at the sale price after a purchase, so the new owner's bill will differ from that figure.
When was 480 NE 31st Street PH5401 built?: 480 NE 31st Street PH5401 was built in 2019 and the listing describes its condition as new construction resale. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long was 480 NE 31st Street PH5401 on the market?: 480 NE 31st Street PH5401 was on the market for 257 days before it sold, after the asking price was reduced from $5,999,000 to $4,300,000.
Is 480 NE 31st Street PH5401 waterfront?: Yes. The listing described the water as fixed bridge other canal front bayfront intracoastal.
Is 480 NE 31st Street PH5401 still for sale?: No. 480 NE 31st Street PH5401 sold on Oct 20, 2023. BreakThru Realty can show you similar homes for sale nearby, or tell you what a home like yours would sell for today; call or text and a licensed agent will follow up.

Explore

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788 NE 23rd Street 4802, Miami, FL 33137 · Sold $3,600,000 · 4 bd · 4.5 ba · 3,887 sq ft
788 NE 23rd Street 3801, Miami, FL 33137 · Sold $5,350,000 · 5 bd · 5.5 ba · 3,966 sq ft

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A comparable condo, 788 NE 23rd Street 4802, Miami, FL 33137, sold for $3,600,000 in November 2026. Miami neighborhoods include Kendale Lakes and The Hammocks. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, El Portal, and North Bay Village. Compare it with the Miami housing market report.