Gran Paraiso #703
+ photos soon
  • Walk-in closet
  • Unobstructed view
  • High floor
For saleEdgewaterFloor 7 · Atlantic

#703 · Gran Paraiso

480 NE 31st St, Miami, FL 33137

$636,000

$815/sqft · Asking

1

Beds

1

Baths

780

SqFt

// overview

1BR on the 7th floor · Atlantic exposure

780 sqft inside Gran Paraiso, a 53-floor tower built in 2018. Gran Paraiso stands out for its Carlo Rampazzi-designed interiors and the highest share of 3BR/4BR units in the Paraiso quartet. Exclusive C-level LTR demand.

Bedrooms

1

Baths

1

SqFt

780

Floor

7

View

Atlantic

$/sqft

$815

DOM

57d

// numbers · investment analysis

Configure the deal

Editable assumptions. Defaults from this building's HOA, FL tax and insurance rates.

Cap rate

0.7%

NOI / price

Cash-on-cash

-19.3%

Annual / cash invested

$ / sqft

$815

Monthly cash flow

$-2,863

Negative

Loan amount$477,000
Down payment$159,000
Cash invested (incl. ~3% closing)$178,080

Monthly

P&I$3,254
Property tax$1,034
Insurance$140
HOA$757
Property mgmt$273
Vacancy reserve$137
Total monthly out$5,593
Expected rent$2,730
Monthly cash flow$-2,863

Reference estimates. Not a firm offer. DCH Team can coordinate pre-approval with local lenders.

// the building

Gran Paraiso

Gran Paraiso

European design finishes, executive LTR demand. No STR — premium annual rental operation.

Units
317
Built
2018
Strategy
Hold · LTR
Avg rent
$4,300 / mo
View full building report →
// location

480 NE 31st St, Miami, FL 33137

Edgewater · Miami

We already operate inside Gran Paraiso.

We know its rules, tenant profile and live comps. Talk to us before you buy — or list this unit with us if you own it.

Talk to DCH