About Gran Paraiso
Developed by Related Group · Designed by Arquitectonica
Gran Paraiso is a waterfront condominium tower at 480 NE 31st Street, the last tower of the Related Group’s Paraiso District, designed by Arquitectonica with interiors by Piero Lissoni and landscape by Enzo Enea. Plaza Construction built it, and it was completed in 2019 (the MLS records 54 floors; sources say 53 to 55).
Published unit counts conflict between sources (from about 313 to 356), so ask the association for the current figure. As with the neighboring Paraiso towers, confirm which association a listing belongs to before comparing prices.
Building Fees & Assessments
MLS listings for Gran Paraiso have shown a median association fee around $1.49/sqft/month -- shown per square foot, not as a flat dollar figure, since that's comparable across unit sizes rather than skewed by whichever units happen to be listed right now. This is a point-in-time reference, not a live figure, and can change over time. Confirm the current fee for a specific unit before making an offer.
Specific reserve fund balances, pending special assessments, and financial statements aren't public MLS data -- request them directly from the condo association or your agent before making an offer.
Rental Potential
See the live "Monthly rental from" figure above for Gran Paraiso's current lowest asking rent, and the market snapshot's closed-lease count and median rent for actual rental demand over the trailing 12 months -- both update automatically, unlike a number written here. Specific rental rules -- minimum lease term, rentals allowed per year, and whether short-term/Airbnb-style rentals are permitted -- are set by the condo association and vary by building. Verify current rental restrictions directly with the association before buying as an investment.
Frequently Asked Questions
Is Gran Paraiso pet-friendly?
Gran Paraiso does not generally allow pets. Verify current pet policy directly with the building association before purchasing.
Can I rent out my unit at Gran Paraiso?
Long-term rentals are generally permitted at Gran Paraiso, though minimum lease terms and any short-term rental restrictions vary by building. Verify the current rental policy directly with the association before purchasing as an investment.
Where is Gran Paraiso?
At 480 NE 31st Street on Biscayne Bay in northern Edgewater, within the Related Group's Paraiso District.
Who built Gran Paraiso?
The Related Group developed it, Arquitectonica designed it and Plaza Construction built it. It was completed in 2019.
Who designed the interiors?
Piero Lissoni designed the interiors and Enzo Enea the landscape, according to the project's published credits.
Reviewed by Carlos Olivares, FL License #3051724. Last updated October 2026.
