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EdgewaterSIRS — verify with HOA

Gran Paraiso

480 Northeast 31st St, Miami, FL, 33137 · Edgewater
1963
year built
54
floors
317
total units
1 to 4
bedrooms
1,057 to 3,205
unit sqft
online reviews

Overview

Experience luxury waterfront living at Gran Paraiso, located at 480 NE 31st St, Miami, FL 33137. Developed by the renowned Related Group and built in 2018, this exquisite condominium offers one to four-bedroom apartments with breathtaking views of Biscayne Bay and the Miami skyline. Situated in the vibrant Edgewater neighborhood, residents can enjoy a wealth of amenities, including a private beach club, state-of-the-art fitness center, and lush landscaped gardens. With its proximity to popular dining and entertainment destinations, as well as easy access to Miami International Airport and South Beach, Gran Paraiso offers a truly elevated living experience in the heart of Miami.

Building details

Association name
Not on file
Association phone
786-475-1384
Architect / designer
Folio number
0431080015361
Neighborhood
Edgewater
Full address
480 Northeast 31st St, Miami, FL, 33137

Amenities & lifestyle

PoolFitness CenterSpaSaunaSteam RoomHot TubYoga StudioTheaterClub RoomWine CellarCigar LoungeTennis CourtsBBQ AreaCabanasSundeckDog ParkMarinaBeach Club AccessKids Room24-Hr Concierge24-Hr SecurityValet Parking
Rental restrictions
Owners may rent their units a maximum of three (3) times per year. No lease can be less than thirty (30) days.
Pets
Yes · No weight restrictions

HOA & financial

Application fee
Not on file
Approval timeframe
Not on file
Special assessment
Not on file
Reserves
Not on file
HOA fee includesBasic cable and internet (Hotwire), water, sewer and trash removal.
Avg HOA / month (MLS)$1,485

Lender & purchase requirements

primary residence
second home
investment
Review typeNot on file
Right of first refusalStatus unknown — contact HOA to confirm if they hold purchasing rights
Down payment notesNot on file

Actual down payment requirements vary by lender and loan program. Confirm current terms with your lender before making an offer.

Florida condo reform & structural compliance

Verify compliance with HOA before closing.

SIRS required (3+ stories)
Building meets the state's 3-story threshold for a Structural Integrity Reserve Study
NO
SIRS study completed
Not confirmed in public records
VERIFY WITH HOA
SIRS reported to state
No SIRS report on file with the state as of this listing
NO
Phase 1 milestone inspection
Not confirmed in public records
VERIFY WITH HOA
40-year recertification
Date on file: Date not confirmed — verify with association or local municipality
ON FILE

Florida law note: SB 4-D requires condo associations with buildings 3+ stories to complete a SIRS and fund reserves accordingly. Contact the association for full reserve disclosure before closing.

Property management & contact

Association direct line786-475-1384
Property managerNot on file
PM emailNot on file
PM phoneNot on file

Building market data

As of 2026-04-01 · Full market stats →
$700,000
avg sale price
$5,800
avg rent / mo
$745
avg $/sqft
29
avg days on market
31
active listings
5
sales last 12 mo
Median sale $/sqft · trailing months
MLS closed sales · $/sqft by month

Frequently asked questions

Can I rent out my unit?
Owners may rent their units a maximum of three (3) times per year. No lease can be less than thirty (30) days.
Are pets allowed?
Yes · No weight restrictions
What does the HOA fee cover?
Basic cable and internet (Hotwire), water, sewer and trash removal.
Is this building SIRS compliant?
SIRS is required (3+ stories): No. Study completion and state reporting — verify with the HOA before closing.
Does the association have right of first refusal?
Status unknown — contact HOA to confirm if they hold purchasing rights
Who manages this building?
Property manager not on file with Allioo. Association direct line: 786-475-1384.

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