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480 NE 31st St PH5002Miami, FL 33137

For Sale

$2,500,000

Smart Buyer Rebate $25,000

Turn key, fully furnished penthouse featuring 3 bedrooms and 3.5 bathrooms, soaring 14 foot ceilings, and breathtaking bay and Miami Beach skyline views. An expansive private terrace offers the perfect setting for entertaining, complete with a private outdoor jacuzzi.

Completely remodeled with sophisticated finishes throughout, the residence features Italian furnishings, custom walk in closets, solid core doors, electric shades, and custom sheer linen blinds. The gourmet kitchen showcases beveled edge countertops and a stunning full Quartzite Supreme backsplash, complemented by premium Sub Zero refrigerator and freezer and Wolf appliances.

The residence includes two assigned parking spaces. Residents enjoy an exceptional array of resort style amenities, including tennis courts, a bowling alley, resort style pool, on site restaurant, game room, and full service spa.

Listed by Brittany Saenz

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License #3569377

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Compass Florida, LLC

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3058505739

Listed by Matthew Dugow

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License #3275887

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Compass Florida, LLC

Last updated October 08, 2026

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Source: SEF #A12102985

Listing Facts

  • TypeCondo
  • NeighborhoodParaiso Bay
  • Bedrooms3
  • Bathrooms3.5
  • Days on Prevu23
  • HOA/Maint. Fees$2,330/month
  • Taxes$43,000/year
  • Size1,804 sqft
  • Price per sqft$1,386

Amenities

  • Dishwasher
  • Washer/Dryer
  • Air Conditioning
  • Elevator
  • Parking
  • Swimming Pool
  • Fitness Center

Location

Mortgage Calculator

Listing History

10/08/2026
Listed by Compass Florida, LLC
$2,500,000
  1. 10/08/2026$2,500,000
    Listed by Compass Florida, LLC

Property Details for 480 NE 31st St PH5002

Association

Amenities

  • Association Amenities: Basketball Court, Billiard Room, Fitness Center, Barbecue, Picnic Area, Pool, Sauna, Spa/Hot Tub, Tennis Court(s), Trash, Elevator(s), Management, Parking
  • Pets Allowed: No, Yes

Fees

  • Association Fee: $2,330.00 Monthly
  • Association Fee Includes: Cable TV, Electricity, Insurance, Internet, Maintenance Structure, Pest Control, Sewer, Trash, Water

Exterior

Construction

  • Property Attached: Yes
  • Stories Total: 54
  • Year Built: 2019
  • Year Built Details: Effective Year Built
  • Architectural Style: High Rise, Penthouse
  • Construction Materials: Block, Concrete
  • Entry Level: 50
  • Entry Location: 50
  • Exterior Features: Tennis Court(s)

Features

  • Pool Features: Association, Heated
  • View: Bay
  • Waterfront Features: Canal Front
  • Waterfront: Yes

Measurements

  • Building Area Total: 1,804
  • Lot Features: Waterfront
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-32-30-108-2990
  • Tax Annual Amount: $43,000.00
  • Tax Year: 2025

Interior

Features

  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Wine Cooler, Washer
  • Flooring: Marble
  • Interior Features: Built-in Features, Entrance Foyer, Elevator, High Ceilings, Kitchen Island, Walk-In Closet(s), Bar, Master Downstairs

Measurements

  • Living Area: 1,804

Rooms

  • Bathrooms Full: 3
  • Bathrooms Half: 1
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 3

Other

Location

  • Subdivision Name: GRAN PARAISO CONDO

Parking

Parking

  • Covered Spaces: 2
  • Garage Spaces: 2
  • Garage: Yes
  • Parking Features: Assigned, Valet

Utilities

Equipment

  • Cooling: Central Air
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes
  • Other Equipment: Intercom

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There are 3 bedrooms and 3.5 bathrooms in this condo at 480 NE 31st St PH5002.

Does this condo have parking?

Yes, there are 2 parking spaces available for 480 NE 31st St PH5002.

What are the annual taxes for 480 NE 31st St PH5002?

Annual taxes for this condo are estimated at $43,000.

How does 480 NE 31st St PH5002 compare to other condos in Paraiso Bay?

This condo is listed 94% above the average price for condos in Paraiso Bay and has been on the market for 202 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 1,804 sqft.

480 NE 31st St PH5002 is a 3-bedroom, 3.5-bath condo for sale in Miami FL 33137. On Prevu for 23 days at $2,500,000. This residence features 1,804 square feet of living space, located in Paraiso Bay. The median listing price for condos in this area is $879,000. Property amenities include dishwasher, elevator, air conditioning, fitness center, 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.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.