480 NE 31st Street

Miami, FL 33137

$5,400/mo

1Beds

2.5Baths

940Sq ft

2019Year built

CondoType

About this home

AVAILABLE September 15th (UNFURNISHED). An opportunity to secure a coveted direct bay view lease in Gran Paraiso, the most luxurious resort-style community in Edgewater! This spacious 1 bedroom + den features floor-to-ceiling windows to enjoy stunning water views and natural light. Step out onto the large balcony to dine or entertain, overlooking the pool and bayfront. The Master suite shares the same east-facing, sunrise water views, and features a spa-like bath with large soaking tub, dual vanities and a separate shower. Plenty of closet space, in-unit washer/dryer, private elevator with elevator foyer, and 2.5 bath make this large 1-bedroom the perfect Back-to-School or Work-From-Home floor plan to settle into the fall and winter season. Gran Paraiso is a full-service luxury building. Must visit, must see - The apartment won't last ! Currently tenant-occupied: 24-48 hours notice for showings.

Features

Waterfront

Property details

Listing

MLS #: A12052916
Status: For sale
Listed on: Jul 10, 2026
Days on market: 34 days
Listing data updated: Jul 27, 2026

Interior

Beds: 1
Baths: 2.5
Living area: 940 ft²
Unit: 1602

Building & community

Type: Condo
Year built: 2019
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?