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480 NE 31st St Unit 705, Miami, FL, 33137

$945,000

Home List Price

$10,000*

Closing Credit

2 Bedrooms
3 Full Baths
1,322 SqFt
$715/SqFt
Condo

Location

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480 NE 31st St Unit 705, Miami$945,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
ParkingAssigned, One Space
Garage1 space
Year Built2019
HeatingCentral
CoolingCentral Air
WaterfrontBay Front
ViewBay, Water
MLS #A11676604
StatusActive

About 480 NE 31st St Unit 705

Spectacular 2bed 3bath plus den bay front unit with a huge balcony at Gran Paraiso Condo, porcelain floors, wolf and subzero appliances, quartz countertops, Italkraft cabinets, built in walking closets and window treatments, 10 ft. ceiling heights. State of the art gym and spa. Cigar lounge, wine room, theater room, tennis courts, party room, mini golf, barbeque area, large pool, children's pool, hot tub, party room, golf simulator, arcade games, billiard table, bowling alley and much more. Breathtaking towers designed by Architectonica featuring expansive glass terraces. Excellent location in Edgewater close to Midtown, Design District, Wynwood, Downtown, Miami Beach and Miami International Airport. The unit is rented until May 17, 2025 at $5,200 monthly with 90 days kick out clause,

Property Details

Property Features

Property Information:

  • Architectural Style: High Rise
  • Year Built: 2019
  • Living Area: 1,322 SqFt

Listing Office:

  • Office Name: Related ISG Realty, LLC.
  • Office Phone: (305) 932-6365
  • Listing Agent: Mathy Garcia

Interior Features

Interior Information:

  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Trash Compactor
  • Flooring Type: Ceramic Tile, Tile
  • Interior: Bedroom on Main Level, Closet Cabinetry, Walk-In Closet(s), Elevator

Bedroom and Bathroom Information:

  • Full Bathrooms: 3
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Waterfront: Bay Front
  • View: Bay, Water
  • Exterior: Balcony

Parking Information:

  • Garage Space: 1 space
  • Parking: Assigned, One Space

Virtual/3D Tour

  • Virtual Tour: 480 NE 31st St Unit 705
Virtual Tour

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

Price Information

Listing Price Info

Price Summary:

  • List Price: $945,000
  • Price Per SqFt: $715/SqFt

HOA Fees:

  • Amount: $1627
  • Frequency: Monthly

Tax Information:

  • Annual Amount: $13,929
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Miami, FL.

Med. Sold Price

$560.4K

Med. Price/SqFt

$389

Avg. Days On Market

60

# of Sold Homes

698

480 NE 31st St Unit 705 vs Miami

38 DAYS ON ROCKET

-22 Days

$945,000

+$384.5K More

$715/SqFt

+$325 More

KEY TAKEAWAY

This property is $384.5K more than the Median Sold Price and $325/SqFt more than other homes in Miami, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: SEFMIAMI
  • MLS Number: #A11676604

Listing Office:

  • Office Name: Related ISG Realty, LLC.
  • Office Phone: (305) 932-6365
  • Listing Agent: Mathy Garcia

IDX © 2024 Miami Association of REALTORS®. All rights reserved. The data relating to real estate on this web site comes in part from the Internet Data Exchange program of the MLS of the Miami Association of REALTORS®. All information is deemed reliable but not guaranteed by the MLS and should be independently verified. The MLS, this broker and their affiliates provide all content therein “AS IS” and without any warranty, express or implied. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This property is offered without respect to any protected classes in accordance with the law.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/23/2024, 8:20:48 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$13,929$654,000

History based on county public records data.

Payment Calculator

$6,411

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,900

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-848035
4
/10
  • Bridgeprep Academy of Greater Miami

  • 137 NE 19th St

  • 0.83 miles

  • Public Charter Grades KG-5

school-card-donut-848036
4
/10
  • Eneida Massas Hartner Elementary School

  • 401 NW 29th St

  • 0.96 miles

  • Public District Grades PK-5

school-card-donut-848037
4
/10
  • Phyllis Wheatley Elementary School

  • 1801 NW 1st Pl

  • 1.13 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $89,833. Residents of Miami, FL typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 480 NE 31st St Unit 705

What is the listing price of this property?

The listing price of 480 NE 31st St Unit 705 property is $945,000.

What type of property is this?

The property 480 NE 31st St Unit 705 is a condo located in Miami, Florida, 33137.

Is this property for sale now?

Active Listing: 480 NE 31st St Unit 705 is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $13,929 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 480 NE 31st St Unit 705 has 2 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 480 NE 31st St Unit 705 is 1,322 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 480 NE 31st St Unit 705 is 2019.

Rocket HomesFloridaMiami-Dade CountyMiami33137480 NE 31st St Unit 705

This home is located at 480 NE 31st St Unit 705 in Miami, FL and zip code 33137 in the Wynwood neighborhood. This 1,322 square foot home was built in 2019. Features: 2 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since October 15, 2024 and is currently priced at $945,000.

In October 2024 more than 62 listings in Miami, FL were sold above the asking price. During the same period more than 129 listings were sold at asking price, while more than 507 were sold below. In October 2024 in Miami, FL there were 8.3% more homes for sale than in September 2024. In October 2024, listings were on the market for 60 days. During the same period, the median list price in this real estate market was $560,436.

From Rocket Homes Real Estate and based on county public records data.

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