$950,000
SOLD OCT 31, 2024
2 Beds
3 Baths
1,187 Sq Ft
$1,534/mo HOA Fee

Recently Sold

$800 Per Sq Ft

10% Below List Price

323 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • New Construction
  • Boat Ramp
  • Fitness Center
  • 3-minute walk to Paraiso Park

About This Home

As of October 2024

Welcome to GRAN PARAISO designed by Piero Lissoni. This is the PREMIUM building in the Paraiso community and the ONLY tower with 10 ft ceilings in all units. Enjoy enviable PERMANENT direct bay views from the primary and living rooms. This FLOW-THROUGH unit comes complete with BUILT OUT CALIFORNIA CLOSETS, ELECTRONIC BLACKOUT SHADES & SHEERS, ITALIAN MARBLE FLOORS, floor-to-ceiling/wall-to-wall windows, PRIVATE ELEVATOR FOYER, expansive balcony, open kitchen, and WOLF & SUBZERO appliances. An abundance of amenities includes Amara Restaurant, Bayfront Park & Boardwalk, BOWLING ALLEY, MASSIVE 75 ft. diameter pool, multiple BBQ'S, tennis courts, lounges, library, golf simulator, cigar/wine tasting, state-of-the-art gym, massage rooms, movie theatre, children’s playroom, business centers.

Last Agent to Sell the Property

Elliot Lee

One Sotheby's International Re Brokerage Email: elliot@elliot-lee.com License #3276780 Listed on: 12/12/2023

One Sotheby's International Re

Last Buyer's Agent

Zachary Akers

One Sotheby's International Realty License #3491638

One Sotheby's International Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,342

Year Built

  • Built in 2019 | New Construction

Lot Details

  • East Facing Home

HOA Fees

  • $1,534 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Secured Garage or Parking
  • On-Street Parking
  • Open Parking
  • Assigned Parking

Property Views

Interior Spaces

  • 1,187 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Combination Dining and Living Room
  • Den
  • Marble Flooring
  • Video Cameras

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Self-Cleaning Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Outdoor Features

  • Shared Dock
  • Balcony
  • Deck
  • Patio
  • Outdoor Grill

Additional Features

  • Accessible Elevator Installed
  • Energy-Efficient HVAC
  • East of U.S. Route 1
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-32-30-108-0980

Community Details

Overview

  • High-Rise Condominium
  • Gran Paraiso Condos
  • Gran Paraiso Condo Subdivision
  • Property has 1 Level

Amenities

  • Doorman
  • Valet Parking
  • Secure Lobby
  • Elevator

Recreation

  • Boat Ramp
  • Community Playground
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Security

  • Card or Code Access
  • Secure Elevator
  • High Impact Windows
  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,342

Year Built

Built in 2019 | New Construction

Lot Details

0

HOA Fees

$1,534 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Year Built: 2019
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: Google/Apple/Waze maps: 480 NE 31 St, Gran paraiso unit 1803
  • Entry Level: 18
  • Road Frontage Type: Bay
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Community Boat Ramp, Common Dock
  • Unit Levels: 1
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: GRAN PARAISO CONDO
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • ResoPropertyType: Residential
  • Attribution Contact: elliot@elliot-lee.com
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Self Cleaning Oven, Washer
  • Interior Amenities: First Floor Entry, Built-in Features, Cooking Island, Elevator, Fire Sprinklers, Split Bedroom, Walk-In Closet(s), Den/Library/Office, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Marble
  • Furnished: Furnished, Unfurnished, Furniture Negotiable
  • Living Area: 1187
  • Possible Use: Unknown/Withheld
  • Stories: 53
  • Window Features: Clear Impact Glass, Blinds, High Impact Windows
  • Bedroom Features: Entry Level
  • Dining Room Features: Breakfast Area, Dining/Living Room, Eat-In Kitchen
  • Living Room Features: Den/Library/Office, Utility Room/Laundry

Exterior Features

  • View: Bay, Intracoastal View, Pool Area View, Water View
  • Exterior Features: East Of Us1, Barbeque, Open Balcony
  • Direction Faces: East
  • Patio And Porch Features: Deck, Open Balcony, Patio
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: Gran Paraiso
  • Covered Parking Spaces: 1
  • Garage Spaces: 1
  • Open Parking: Yes
  • Parking Features: 1 Space, Assigned, On Street, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Electric: Circuit Breakers
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Card Entry, Secured Garage/Parking, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 1534
  • Amenities: Elevator(s), Exercise Room, Child Play Area, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-32-30-108-0980
  • ResoLotSizeUnits: SquareFeet

Green Features

  • Efficiency: HVAC

Rental Info

  • Pets Allowed: Maximum 20 Lbs

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14342

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Oct 30, 2024
Sold by
Chia Ti Llc
Bought by
Bensadek Othmane Chniber and El Bouzakri El
Seller's Agent
Elliot Lee
One Sotheby's International Re
Buyer's Agent
Zachary Akers
One Sotheby's International Realty
List Price
$1,050,000
Sold Price
$950,000
Premium/Discount to List
-$100,000
-9.52%
Views
60
Current Estimated Value
$977,295

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,295
Avg. Annual Appreciation
3.51%
Original Mortgage
$260,000
Outstanding Balance
$257,659
Interest Rate
6.08%
Mortgage Type
New Conventional
Estimated Equity
$719,636

Purchase Details

Closed on
Aug 24, 2023
Sold by
Ko Chia Ti Tsui
Bought by
Chia Ti Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 Title Now
Warranty Deed $950,000 Title Now
Warranty Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $260,000 New Conventional
Closed $260,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2024 10/31/24 Sold $950,000 -2.6% $800 / Sq Ft
05/21/2024 05/21/24 Price Changed $975,000 -2.3% $821 / Sq Ft
03/04/2024 03/04/24 Price Changed $998,000 -5.0% $841 / Sq Ft
12/12/2023 12/12/23 For Sale $1,050,000 0.0% $885 / Sq Ft
09/26/2022 09/26/22 Under Contract -- -- --
09/17/2022 09/17/22 Rented $6,000 0.0% --
08/25/2022 08/25/22 For Rent $6,000 +66.7% --
06/24/2019 06/24/19 Rented $3,600 -10.0% --
06/10/2019 06/10/19 Under Contract -- -- --
05/23/2019 05/23/19 For Rent $4,000 -- --
Source: MIAMI REALTORS® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $15,426 $754,600 -- --
2024 $14,940 $770,000 -- --
2023 $14,940 $705,878 $0 $0
2022 $13,229 $641,708 $0 $0
2021 $12,729 $593,175 $0 $0
2020 $15,313 $719,000 $0 $0
2019 $602 $28,202 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11496233

MIAMI REALTORS® MLS

APN: 01-3230-108-0980