Home » Miami » Gran Paraiso at 480 31st Street Miami » 480 NE 31st St PH5401, Miami, FL 33137 | A11320623

480 NE 31st St PH5401, Miami, FL 33137 | Sold

$4,300,000
closed for a price of $4,200,000

Property Highlights

Listing ID A11320623 Status of this Listing: Closed Sold Property Type Residential Condominium 5 Bedrooms 6 Bathrooms Total 5 Full Bath 1 Half Bath Living Space 2,812 Sqft/261.24 m2 approx. Building Area 2,812 Sqft/261.24 m2 approx. COMMUNITY POOL Year Built 2019 Waterfront Lease Term Minimum Duration: 360 What it means?Refers to a regulation set by the property association, stipulating that each rental agreement for the property must be for a duration of at least 360 days. This rule ensures that every time the property is rented out, the lease term cannot be shorter than the specified minimum period. Time of this property from published date until Closing Date 295 Days
64 Photos of this Property

480 NE 31st St PH5401, Miami, FL 33137

Property Description: Private elevator access, 5 bd / 5.5 baths two-story AMAZING Penthouse featuring direct, unobstructed views of the bay, and city, breathtaking views from the huge terrace on the second floor with BBQ and Jacuzzi. The wrap-around balcony with access to all bedrooms has a 360-degree view of all of Miami-Dade. High-end kitchen appliances by Sub-Zero, spacious walk-in closets, The private terrace with a plunge pool, summer kitchen, and more. Plenty of amenities, including... swimming pools, tennis courts, a children’s playground, a spa, a fitness center, a teen’s game room, a wine cellar, bowling lanes, a theater, a full-service concierge, and more. Close to Miami International Airport, within walking distance to Design District, Midtown, and Wynwood.

Residential Condominium Sold located at 480 NE 31st St PH5401 Miami FL 33137 in Miami-Dade County referenced as ID MLS # A11320623. Find below more comprehensive details about this property. Get in touch with Rebonus, Realtors to arrange a personal viewing or a live video tour, or to submit an offer. If you are a property owner interested in selling a similar property, contact us and receive a free comparative market analysis. We also provide online video calls and meetings.

Useful Info

Contingency:3rd Party Approval
Previous Asking Price:$5,999,000
Original List Price:$5,999,000
Close Price:$4,200,000
If Bank REO, Short Sale, As Is, etc.:
  • Listed As-is
More Listings Same Building:Gran Paraiso at 480 31st Street Miami

Measures

Living Area Source:
  • Builder

Land Lot (Parcel) Details

Lot Size Unit:Square Feet

Rooms Distribution

Rooms Total:1

Construction

Builder Model:penthhouse
Year Built Details:
  • Resale
Architectural Style:
  • High Rise
  • Penthouse
Levels:Two
Entry Level (floor):54
Entry Level Location:54
Construction Materials:
  • Block
Flooring:
  • Tile
  • Other
Number of stories:54
Stories:2
Possible Use:
  • Investment

Property Features

Has View:Yes
View from the Property:
  • Intercoastal
  • Canal
  • Bay
Waterfront:Yes
Waterfront Features:
  • Canal Front
  • Intracoastal Access
  • Bay Front
  • Other
Swimming Pool Features:
  • Association
Security:
  • Smoke Detector(s)
  • Security Guard
  • Lobby Secured
Furnished:
  • Unfurnished
Appliances:
  • Dryer
  • Dishwasher
  • Disposal
  • Microwave
  • Refrigerator
  • Other
  • Built-in Oven
  • Electric Water Heater
  • Self Cleaning Oven
  • Trash Compactor
Interior Features:
  • Breakfast Bar
  • Eat-in Kitchen
  • Living/dining Room
  • First Floor Entry
  • High Ceilings
  • Split Bedrooms
  • Walk-in Closet(s)
  • Closet Cabinetry
  • Loft
  • Elevator
  • Main Living Area Entry Level
  • Main Level Primary
  • Separate Shower
  • Dual Sinks
Exterior Features:
  • Deck
  • Security/high Impact Doors
  • Barbecue
  • Balcony
Patio and Porch Features:
  • Deck
  • Balcony
  • Open
Air Conditioning:Yes
Air Conditioning System:
  • Other
  • Electric
Heating:Yes
Heating System:
  • Electric
  • Other
Property Entrance Faces:
  • East

Taxes and Expenses

Tax Annual Amount:$51,950

Property Tax Notice for Buyers: Do not rely on the current property taxes paid by the seller, as your tax liabilities may increase following the sale. Transferring ownership or making improvements to the property often triggers tax reassessments, which could raise the amount you owe. If you have questions regarding property valuation, please contact the County Property Appraiser’s Office.

Tax Year:2021
Association Fee:$1,475
Association Fee Frequency:
  • Monthly

Terms

Listing Terms Considered by Seller:
  • Cash
  • Conventional
  • Other
Occupant Type:
  • Vacant
Buyer Possession:
  • Closing & Funding
Buyer Financing:
  • Cash
Lease Considered:No

Community

Pets Allowed?:
  • Yes
  • Conditional
Amenities Provided by the Homeowner's Association (HOA):
  • Business Center
  • Hobby Room
  • Pool
  • Sauna
  • Spa/hot Tub
  • Billiard Room
  • Clubhouse
  • Playground
  • Barbecue
  • Elevator(s)
  • Fitness Center
  • Picnic Area
  • Tennis Court(s)
  • Community Kitchen
Subdivision Name:GRAN PARAISO CONDO
Association Fee Includes:
  • Trash
  • Cable Tv
  • Pool(s)
  • Security
  • Maintenance Structure
  • Common Areas
  • Other
  • Association Management
  • Parking
  • Hot Water
  • Amenities
Complex Name:GRAN PARAISO CONDO
Senior Community:No
Development Name:GRAN PARAISO CONDO
Development Status:
  • New Construction
Restrictions: Daily Rentals Allowed, No Recreational Vehicles RV, No Truck, Okay to Lease within 1st Year of Ownership, OK To Lease

Parking

Garage:Yes
Garage Spaces:2
Carport Spaces:1
Covered Spaces:3
Attached Garage:Yes
Parking Features:
  • Garage
  • Two Or More Spaces
  • Attached
  • Assigned
  • Valet
  • Detached Carport
Carport:Yes

More Details

Other Information:
Unit View: Bay,Canal,Intracoastal View
Housing Older Persons Act: No HOPA
Water Access: Other,Restricted Salt Water Access
Unit Design: Corner Unit,High Rise,Penthouse
Type of Association: Homeowners
Minimum Number of Days for Lease: 360
Type of Governing Bodies: Homeowner Association
Tax Information: Tax Reflects County Only Tax
Buyer Country of Residence: Italy
Number of times allowed to lease per year: 2
Flood Zone : AE
Building Number: one
Homeowner's Association Application Fee: 100
Rooms Description: Great Room,Loft,Other
Style: Condo 5+ Stories
FEMA Flood Zone Designations: AE
Municipal Code: 1
Subdivision Number: 108

Zoning and Legal

Tax Legal Description:GRAN PARAISO CONDO UNIT PH5401 UNDIV 0.312466% INT IN COMMON ELEMENTS OFF REC 31271-2472
Real Estate Folio Number (Parcel Number):01-32-30-108-2980
Public Survey Township:1
Public Survey Range:32
Public Survey Section:30

Listing History

Update/EventDate/Days
Published Date:December 29, 2022 10:42 pm
On Market Date:December 29, 2022
Close Date:October 20, 2023
Price Change Date Time:August 29, 2023 12:11 am
Last Important Update Description:Closed
Date and Time of Last Important Update:October 23, 2023 2:40 pm
Status Last Changed:October 23, 2023 2:40 pm
Photos Last Modified:January 5, 2023 5:09 pm
Last Modified:October 23, 2023 6:40 pm
Days on the Market (updated on Last Modified*):251
Cumulative Days on the Market (updated on Last Modified**):603

Additional Information

Unit Location:Corner Unit,High Rise,Penthouse
Number of Photos Count:64
Area:32
Ref ID:1032044052
Automated Valuation Display:Yes
Courtesy of:United Realty Group Inc.
Universal Property Id:US-12086-N-0132301082980-R-N

Location

Show Property Address:Yes
Street Name:31st St
Street Number:480
Street Direction Prefix:NE
Street Address:480 NE 31st St PH5401
Unit Number:PH5401
City : Miami
State : Florida
Zip Code : 33137
County : Miami-Dade County
Full Address:480 NE 31st St PH5401, Miami, FL 33137
Latitude:N25° 48' 22.5''
Longitude:W81° 48' 46.5''

Neighborhood

Postal City:Miami
City Region:South Beach

Property Map

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