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.
Listed by Raphael Sitruk
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License #3489287
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The Corcoran Group
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646-717-3990
Last updated April 28, 2026
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Source: MIAMIRE #A12000905
Listing Facts
TypeCondo
NeighborhoodParaiso Bay
Bedrooms4
Bathrooms5
Days on Prevu16
HOA/Maint. Fees$2,836/month
Taxes$26,418/year
Size1,871 sqft
Price per sqft$1,010
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
04/28/2026
Price Decreased
$1,890,000
04/14/2026
Listed by The Corcoran Group
$1,950,000
Property Details for 480 NE 31st St 1501
Association
Amenities
Association Amenities: Barbecue, Billiard Room, Business Center, Child Play Area, Elevator(s), Exercise Room, Other, Pool, Putting Green, Spa/Hot Tub, Tennis Court(s)
Pets Allowed: Restrictions Or Possible Restrictions
Fees
Association Fee: $2,836.00 Monthly
Association Fee Includes: All Amenities
Exterior
Construction
Property Attached: Yes
Stories Total: 56
Structure Type: Condo 5+ Stories, Condo
Window Features: Complete Impact Glass, High Impact Windows
How many bedrooms and bathrooms does this condo have?
There are 4 bedrooms and 5 bathrooms in this condo at 480 NE 31st St 1501.
Does this condo have parking?
Yes, there is 1 parking space available for 480 NE 31st St 1501.
Are pets allowed at 480 NE 31st St?
Yes, 480 NE 31st St allows pets. Check the Property Details for any relevant restrictions.
What are the annual taxes for 480 NE 31st St 1501?
Annual taxes for this condo are estimated at $26,418.
How does 480 NE 31st St 1501 compare to other condos in Paraiso Bay?
This condo is listed 39% above the average price for condos in Paraiso Bay and has been on the market for 136 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the Gran Paraiso building.
What is the square footage on this condo?
According to the MLS, this listing is 1,871 sqft.
480 NE 31st St 1501 is a 4-bedroom, 5-bath condo for sale in Miami FL 33137. Listed on Prevu for 16 days at $1,890,000. This includes a recent price decrease of $60,000. This residence features 1,871 square feet of living space, located in Paraiso Bay. The median listing price for condos in this area is $950,000. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Explore more condo listings in Miami.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
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