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Condominium at 480 NE 31 St # 3101, Miami FL 33137Active
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Waterfront · Condominium
$2,225,000$1,189 / sqft

480 NE 31 St # 3101, Miami FL 33137

4
Bedrooms
5
Bathrooms
1,871 sqft
Interior
2019
Year built
$2,417 / mo
HOA
Condominium
Type

About this home

Beautiful 4 Bedrooms SE Corner Residence, Unobstructed water views and amazing downtown and city views. Wraparound balcony of 760 sqft with 180 degrees of amazing views. Upgraded kitchen countertop and backsplash. Upgraded floors of 24x48. One of the few units with upgrades and 2 parking spaces assigned!!! RARE to have. Wonderful distribution with master facing the water and another mini master facing the city. 4 Beds + Den and powder room for guests!!! Enjoy the Paraiso lifestyle with access to the beach club, park, marina, boardwalk and retail spaces! Fantastic 4 bedroom distribution where 3 bedrooms have direct access to the balcony. 10 ft ceilings! Easy to show!

Features

  • Closet Cabinetry
  • Cooking Island
  • Entrance Foyer
  • Walk-In Closet(s)
  • Bay
  • Direct Ocean

Location

Approximate — shows the building, not the unit. Open in maps (opens in a new tab)

Estimated loan & HOA

$13,668

Loan payment and HOA only. Property tax and insurance are significant here and are not included.

Principal & interest
$11,251
HOA
$2,417 / mo

Illustration only — not a loan offer, quote, or commitment. Assumes a 30-year loan at 6.5% with 20% down (rates as of July 2026); your actual terms will differ.

Schedule a tour

Request a private or video tour with a local agent.

Courtesy of
PMG Residential LLC

Run the numbers

We fill in the price and the building's HOA dues. That leaves rent, tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Vacancy and the loan terms below start at common defaults; change them.

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 rent, 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. 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.