Own Edgewater · Paraiso District

Gran Paraiso

480 NE 31st St · Built 2018 · 53 floors · 312 residences

20 for sale
For sale
20
1 pending · 12.0 mo supply
Median asking
$1.09M
from $729K
Median $/sqft
$938/sqft
$771/sqft sold, 12 mo
Days on market
82
165 to sell · 20 in 12 mo
Gran Paraiso
Listing photo · MIAMI Association of REALTORS® MLS

Located in the heart of the Edgewater district, Gran Paraiso offers a sophisticated waterfront living experience. The building is designed by architect Piero Lissoni and features landscaping by Swiss landscape architect Enzo Enea. Residents enjoy expansive views of Biscayne Bay, the Intracoastal, and the Miami Beach skyline.

The building provides a wide array of amenities, including a zero-entry pool with cabanas, a full-service spa with massage rooms, and a state-of-the-art fitness center. Additional features include a bowling alley, golf simulator, wine cellar, and a private cinema. The property also includes a beach club with on-site dining at the Amara at Paraiso restaurant.

Part of the Gran Paraiso complex

Sister towers that share the same development, address and often amenities — compare availability across the complex.

Live near more of Miami

What surrounds Gran Paraiso: seasonal events, annual programs and lifestyle indexes, measured from the building.

Distances are straight-line, not walking or driving.

Getting around

Edgewater is a walkable urban neighborhood. Transit, parks, dining and landmarks within reach:

Margaret Pace ParkBiscayne BayThe UnderlineAdrienne Arsht CenterMetromover
61
/ 100
B
own.miami Score

A data-grounded score for Gran Paraiso from live market data — value, momentum, liquidity, building health, waterfront and age. Computed, not opinion.

Value30
$936/sqft — vs. Miami condos
Momentum38
-2.8% $/sqft over 6 months
Liquidity51
11.4 months of supply · 90 days on market
Health90
No verified records yet — listing signals only
Waterfront90
Waterfront building
Age76
Built 2018
own.miami Condo Index
118100 = the median Miami condo, by price and liquidity.
Rank
#207 of 597 tracked Miami condos
Top 35% by price & liquidity
#8 of 33 in Edgewater
Momentum
↓ Cooling
$931/sqft median ask
Liquidity
Warm
See the full Condo Index →

Floor plans

Upper Penthouse 02 floor plan
Upper Penthouse 02
3 bd · 4.5 ba · 2,004 sqft

The stacks

8 lines · modeled from 43 sales

Condos repeat vertically — each “line” is a stack of near-identical units up the tower. We reconstruct Gran Paraiso’s lines from its sale history: the floorplan, the view, and how $/sqft climbs with the floor. The best value is the -07 line.

LineLayoutSizeView$/sqftSales
-014 bd · 4.5 ba1,871 sqftBayWaterfront$1,042/sqft2
-021 bd · 2 ba940 sqftBayWaterfront$773/sqft6
-032 bd · 3 ba1,187 sqftBayWaterfront$851/sqft9
-042 bd · 3 ba1,186 sqftBayWaterfront$809/sqft6
-052 bd · 3 ba1,143 sqftBayWaterfront$866/sqft9
-062 bd · 2 ba1,057 sqftBayWaterfront$867/sqft2
-07Best value3 bd · 3 ba1,649 sqftBayWaterfront$758/sqft6
Penthouses4 bd · 4.5 ba2,650 sqftBayWaterfront$1,264/sqft3

Modeled from Gran Paraiso’s past listings and sales — a guide to the building’s layouts and floor premiums, not an official floor plan. “Per floor” is the average $/sqft change per floor up the stack.

What’s a unit here worth?

Pick a line and a floor — we estimate the value from Gran Paraiso’s own sales history.

Estimated value
$1,246,000
$1,169,000$1,324,000 · $756/sqft
High confidence · 6 sales

Estimate only — not an appraisal. It reflects the line and floor, not a specific unit’s condition, renovations or view obstructions.

Want the inside track on Gran Paraiso?

Get new listings here before the portals, and a straight answer from someone who knows the building.

Inventory

480 NE 31st St #3507
New
$1,550,000$940/sqft
3 bd · 3 ba · 1,649 sqft
480 NE 31st St #3507
Listing courtesy of Celis Realty Group — Vittoria Ruzzi (Lic. #3378107) · MLS #A12090468
480 NE 31 St #3101
New
$1,920,000$1,026/sqft
4 bd · 4.5 ba · 1,871 sqft
480 NE 31 St #3101
Listing courtesy of PMG Residential LLC — Alejandra Castillo (Lic. #3246215) · MLS #A12088584
480 NE 31st St #3501
New
$2,300,000$1,229/sqft
4 bd · 4.5 ba · 1,871 sqft
480 NE 31st St #3501
Listing courtesy of Cervera Real Estate Inc. — Emerson De Lima (Lic. #3466155) · MLS #A12086848
480 NE 31st St #2101
$1,849,000$988/sqft
4 bd · 4.5 ba · 1,871 sqft
480 NE 31st St #2101
Motivated seller
Listing courtesy of Douglas Elliman — Cindy Orlinsky (Lic. #0600280) · MLS #A12076095
480 NE 31st St #PH5303
New
$2,999,990$1,241/sqft
4 bd · 4.5 ba · 2,418 sqft
480 NE 31st St #PH5303
Listing courtesy of Related General Realty, LLC. — Leila Abou Jokh (Lic. #3470714) · MLS #A12071428
480 NE 31st St #2003
New
$1,100,000$927/sqft
2 bd · 3 ba · 1,187 sqft
480 NE 31st St #2003
Listing courtesy of One Sotheby's International Realty — Pattaraporn Karnjanasiriwan (Lic. #3425934) · MLS #A12063335
480 NE 31st Street #906
$912,000$863/sqft
2 bd · 2 ba · 1,057 sqft
480 NE 31st Street #906
Listing courtesy of Signature International Real E — Eliezer Aranya (Lic. #3284106) · MLS #B26056396
480 NE 31st St #3705
$1,075,000$941/sqft
2 bd · 3 ba · 1,143 sqft
480 NE 31st St #3705
Listing courtesy of One Sotheby's International Realty — Merve Gumusyazici (Lic. #3264945) · MLS #A12032379
480 NE 31st St #1603
New
$1,049,000$884/sqft
2 bd · 3 ba · 1,187 sqft
480 NE 31st St #1603
Listing courtesy of Barnes International Realty, LLC — Enzo Rosani (Lic. #3405787) · MLS #A12030114
480 NE 31st St #1602
$729,000$776/sqft
1 bd · 2.5 ba · 940 sqft
480 NE 31st St #1602
Listing courtesy of Barnes International Realty, LLC — Enzo Rosani (Lic. #3405787) · MLS #A12023832
480 NE 31st St #1802
$795,000$846/sqft
1 bd · 2 ba · 940 sqft
480 NE 31st St #1802
Listing courtesy of Compass Florida, LLC — Aouri Makhlouf (Lic. #3520705) · MLS #A12015898
480 NE 31st Street #Ph5104
$3,295,000$1,180/sqft
4 bd · 4.5 ba · 2,792 sqft
480 NE 31st Street #Ph5104
Listing courtesy of One Sotheby's International Realty — Michelle DiMarco (Lic. #3517991) · MLS #B26025251
See all 20

Sold $/sqft trend

3-month rolling median of closed sales in Gran Paraiso; bars are closings per month.

$615$961$1307Jul 2024Feb 2025Jun 2025Oct 2025Feb 2026Jun 2026

Location

Nearby buildings within half a mile.

Building facts

Address
480 NE 31st St
Year built
2018
Floors
53
Residences
312
Developer
Related Group
Architect
Arquitectonica
Waterfront
Yes

Amenities

  • · Beach Club
  • · Fitness Center
  • · Tennis Courts
  • · Security
  • · Valet
  • · Concierge
  • · Pool
  • · Pool Cabanas
  • · Bowling Alley
  • · Game Room
  • · Spa
  • · Business Center
  • · Cinema
  • · Yoga Studio
  • · Wine Cellar
  • · Cigar Room
  • · Golf Simulator
  • · Children's Playroom
  • · Spinning Room
  • · Dining

Building rules

Parking
The building offers covered and valet parking, with some units including assigned parking spaces.
HOA
Full-service association; fees cover the shared Paraiso district amenities and beach club.

Special assessments & recertification outlook

Clear
  • Built 2018 — its first 25-year structural milestone inspection is due around 2043

Estimated from Gran Paraiso’s age and signals in active listings — not an official inspection or reserve report. Always verify the building’s milestone-inspection status and reserves with the association before buying.

Frequently asked

How much do condos at Gran Paraiso cost?+

There are 20 condos for sale at Gran Paraiso, from $729,000, with a median asking price of $1,087,500 ($938/sqft).

Is Gran Paraiso a good time to buy?+

Gran Paraiso currently has about 12.0 months of supply — a balanced pace.

How much are the HOA fees at Gran Paraiso?+

HOA / maintenance fees at Gran Paraiso run around $1,756 per month among units currently for sale; the exact fee varies by unit size and line, so confirm the current amount with the listing or the condo association. Full-service association; fees cover the shared Paraiso district amenities and beach club.

Is Gran Paraiso a waterfront building?+

Yes — Gran Paraiso is a waterfront building (Edgewater).

When was Gran Paraiso built?+

Gran Paraiso was built in 2018, 53 stories, 312 residences.

Who developed Gran Paraiso?+

Gran Paraiso was developed by Related Group and designed by Arquitectonica.

Stay ahead
Interested in Gran Paraiso?

We track every listing here, every day. Get the next one before it hits the portals — and a straight answer from someone who knows the building.

See all available units

If you like Gran Paraiso, compare

Embed this building

Add a live Own Miami card to your site or blog — it updates automatically. See all widget options →

<iframe src="https://own.miami/embed/building/gran-paraiso" width="440" height="230" style="border:0;max-width:100%" loading="lazy" title="Own Miami building card"></iframe>