Condo Listing
Leased · Sep 2025$6,000
Last list price $6,500
480 NE 31st St #1603, Miami, FL, 33137 · Edgewater

480 NE 31st St #1603, Miami, FL, 33137 · Edgewater

Interested in a similar property?
Available September 1st (3-month minimum). Fully furnished for Fall / Winter Season or a transitional corporate stay, in one of Edgewater's finest residential towers. Direct east-facing 2/3 floorplan, offered as an elegant 2-bedroom, 2 bath with dining nook and open kitchen. Unit 1603 boasts 10-ft ceilings, private elevator and a 209 sq. foot (19.4m2) private terrace overlooking the bay. ASSIGNED garage PARKING and building amenities are INCLUDED: Residents of Gran Paraiso enjoy a private screening theater, outdoor spa and circular pool, summer kitchen, state-of-the-art Technogym fitness center; an indoor sports center featuring bowling lanes and Tackman golf simulator, and tennis center with lighted tennis courts. NOTE: The building requires a matching refundable security deposit.
Unit 1603 has 5 MLS listing records since 2021: 3 for sale and 2 for rent. It last sold for $800,000 in November 2021.
Listed for rent at $6,800/mo
Leased for $6,500/mo on Oct 1, 2026
View listing A12052824Listed for sale at $999,000 (originally $1,049,000)
View listing A12030114Listed for sale at $1,049,000
View listing A11895597Listed for rent at $6,500/mo
Leased for $6,000/mo on Sep 18, 2025
Sale at $900,000
Sold for $800,000 on Nov 2, 2021
Source: MLS listing records. Dates and prices are as entered by listing brokerages.
Gran Paraiso is a 54-story bayfront condominium at 480 NE 31st Street in Edgewater, the third and largest tower in Related Group's four-building Paraiso District master plan. Completed in 2018, the Gran Paraiso tower was designed by Arquitectonica with interiors and common areas by Italian designer Piero Lissoni, landscaping by Swiss landscape architect Enzo Enea, and original commissioned artwork by Uruguayan sculptor Pablo Atchugarry in the lobby. Gran Paraiso holds 317 residences in one-, two-, three-, and four-bedroom layouts ranging from 1,075 to 2,232 interior square feet, with the most premium finish level in the Paraiso assemblage. The bayfront orientation and the 54-story height give Gran Paraiso unobstructed views east across Biscayne Bay to the Venetian Islands and Miami Beach, and panoramic views south down the Miami River and north toward the Julia Tuttle Causeway. The Paraiso District spans roughly four acres of bayfront Edgewater encompassing Paraiso Bay, One Paraiso, Gran Paraiso, and Paraiso Bayviews, with shared landscape and amenity infrastructure designed by Enzo Enea connecting the four towers around a central green. The 31st Street address sits along the eastern edge of Edgewater directly on Biscayne Bay, walking distance to the Adrienne Arsht Center for the Performing Arts to the south, the Wynwood Arts District inland to the west, and the Miami Design District a short drive north. The Brightline MiamiCentral station is roughly a 10-minute drive south on Biscayne Boulevard, and the Julia Tuttle Causeway to Miami Beach sits a few blocks north. Margaret Pace Park sits to the south, and the Adrienne Arsht Center, Bayside Marketplace, and downtown Miami are all within a five- to ten-minute drive. The Gran Paraiso amenity program operates alongside the broader Paraiso District amenities, which include bayfront pools, a beach club with sand, paddleboards, kayaks, and a marina for water access along the bay. On-site amenities at Gran Paraiso include the Amaru restaurant by chef Michael Schwartz (originally announced and operated as Amara at Paraiso), a spa with treatment rooms, a fitness center, a teen game room, a wine cellar, bowling lanes, a private theater, a children's playground, and tennis courts. Residences at Gran Paraiso feature 10-foot ceilings, floor-to-ceiling glass, Italian marble flooring, European cabinetry, Bosch appliance packages, integrated lighting, and expansive private terraces with direct bay views. The combination of the Arquitectonica-designed envelope, the Lissoni interiors, the Enea landscape, the Atchugarry lobby art, and the on-site Michael Schwartz restaurant makes Gran Paraiso one of the most fully programmed Related Group towers in the Edgewater submarket.
Floor plans and unit details are subject to change. Contact us for the most current information.
480 NE 31st St #1603, Miami, FL, 33137