Gran Paraiso Homes for Sale

Gran Paraiso is a waterfront community in Miami, Miami-Dade County, Florida. Active listings are priced from $795,000 to $1,400,000. Homes were built starting 2019. Pure Equity lists homes in Gran Paraiso and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.

Pure Equity Realty covers Gran Paraiso and the Miami area. We list for 1%, which includes photography, MLS syndication, and negotiation support. Buyers pay nothing for representation. For current market data, see Florida Realtors' market statistics.

Our MLS feed shows 31 Gran Paraiso Miami homes for sale as of October 2026. The median asking price is $1.15M. Asking prices run from $735,000 to $3.48M.

That is 80% above the Miami median of $639,000. On a per-foot basis, homes here ask about $941 per square foot, compared with $497 across Miami. So the median price buys roughly 1,200 square feet of living area.

Listings here have averaged 151 days on the market. That tracks the Miami average of 139 days, so pricing and terms follow the wider city market.

Homes listed in Gran Paraiso date from 2019, so they are about 7 years old.

Every one of these homes went up after Florida adopted its statewide building code in 2002. In practice, that usually means impact-rated openings and stronger roof attachment. A wind mitigation inspection documents those features, and Florida insurers must offer premium discounts for them.

Gran Paraiso includes waterfront homes. Waterfront lots in South Florida often sit in FEMA special flood hazard areas, where lenders require flood insurance. Before you commit, look up the address on the FEMA Flood Map Service Center and ask the seller for an elevation certificate.

Gran Paraiso has new construction. Builders usually require your agent to register you on the first visit, so bring your agent or call us before you walk in.

Rentals in Gran Paraiso have a median asking rent of $7,898 per month, across 26 active rental listings. For comparison, the Miami median is $2,950, so rents here run 168% higher.

For investors, those medians imply a gross yield near 8.2% a year. However, that figure comes before HOA dues, property tax, insurance and vacancy. Also check the association documents first, because many Florida HOAs cap leases or set minimum terms.

You can browse current Miami rentals or ask us for a rent estimate on a specific Gran Paraiso home.

Here is what the median Gran Paraiso price means in Florida closing terms. At $1.15M, a 20% down payment comes to about $230,000, leaving a loan near $920,000.

Florida then taxes that loan twice. First, documentary stamp tax on the note runs 35 cents per $100, or about $3,220. Next, the intangible tax of 0.2% adds about $1,840. Buyers normally pay both at closing.

On the seller side, Miami-Dade charges deed stamps of 60 cents per $100 on a single-family home, about $6,900 at this price. Condos and other property types pay a higher rate.

Finally, owner-occupants should file for the Florida homestead exemption by March 1. It removes up to $50,000 of assessed value. After that, Save Our Homes caps yearly assessment increases at 3% or inflation, whichever is lower. To see what these numbers mean for your budget, get pre-approved before you tour.

Recent Gran Paraiso listings show assignments to Eneida Massas Hartner (elementary), Jose De Diego (middle) and Booker T. Washington (high). However, boundaries can change each year, so confirm the assignment for a specific address with Miami-Dade County Public Schools.