All listings
Active
Active1 / 33
Photo 1 of 33
Waterfront · Condominium
$1,075,000$941 / sqft
480 NE 31st St # 3705, Miami FL 33137
Listed
2
Bedrooms
3
Bathrooms
1,143 sqft
Interior
2019
Year built
$1,732 / mo
HOA
Condominium
Type
About this home
Trendy GranParaiso located in Edgewater, Miami’s hottest new neighborhood. Beautiful 2 bedrooms/3 bath plus DEN with floor to ceiling windows and easy access to the balcony with breathtaking BAY VIEWS! 10 FT ceilings, porcelain floors throughout, finished custom closets, electric blinds, wolf appliances, and sub-zero refrigerator. Designed by architecture Piero Lissoni and landscaping designed by Swiss landscape architect Enzo Enea. Wonderful amenities like kids play area, clubroom, exercise room, golf,theatre,pool,spinning, spa/hottub, hamam, bowling room, tennis court and access to GranParaiso beach club.Located on Biscayne Bay, GranParaiso’s Beach Club features a restaurant by award-winning chef Michael Schwartz with elegant indoor and outdoor dining.Centrally located in North Edgewater with easy access to I-95, Miami Beach and the Design District.
Features
- Lobby
- Built-in Features
- Closet Cabinetry
- Entrance Foyer
- Split Bedroom
- Walk-In Closet(s)
- Den/Library/Office
- East Of Us1
- Open Balcony
- Tennis Court(s)
- Bay
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 2-bed rentals across Miami-Dade, from 200 active listings; the middle half ask $2,300–$5,600.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.