Gran Paraiso #2604
+ photos soon
  • Unobstructed view
  • High floor
  • Private balcony
Rent + SaleEdgewaterFloor 26 · Pool

#2604 · Gran Paraiso

480 NE 31st St, Miami, FL 33137

$823,000

$815/sqft · Asking

$4,930/mo

56d on market

2

Beds

2

Baths

1,010

SqFt

// overview

2BR on the 26th floor · Pool exposure

1,010 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.

Suggested offer range

$4,684 $4,782/ mo

Based on the average list-to-final ratio for comparable units in the building (97%). Asking $4,930/mo.

Bedrooms

2

Baths

2

SqFt

1,010

Floor

26

View

Pool

$/sqft

$815

DOM

56d

// numbers · investment analysis

Configure the deal

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

Cap rate

2.5%

NOI / price

Cash-on-cash

-13.1%

Annual / cash invested

$ / sqft

$815

Monthly cash flow

$-2,518

Negative

Loan amount$617,250
Down payment$205,750
Cash invested (incl. ~3% closing)$230,440

Monthly

P&I$4,211
Property tax$1,337
Insurance$181
HOA$980
Property mgmt$493
Vacancy reserve$247
Total monthly out$7,448
Expected rent$4,930
Monthly cash flow$-2,518

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