Verified 25 August 2026Miami-Dade County Property Appraiser1 source
Platinum Condo — photography to follow
Building facts
- Address
- 480 NE 30 St
- Year built
- 2006
- Residences
- 120
- Status
- Delivered — completed 2006
Key Takeaways
- One floorplan is 40% of the building, and it has sold ninety times — 47 of the 119 homes are 828 square feet, and that plan has traded 90 times since 2007. Very few Miami buildings offer a price series that clean.
- It lost 52% of its value in four years — $336 per square foot in 2007, $162 in 2011. Both readings rest on multiple sales, not one.
- Then it went nowhere for seven years — from 2013 to 2020 the 828 plan never left $330–$362 per square foot — eight consecutive reading years inside a $32 band.
- The move came in 2021–2023 — $429 per foot in 2021, $489 in 2022, $536 in 2023 — a rise of 55% in three years after seven of nothing. The 2025 reading is $501.
- Sixty-two two-bedrooms, fifty-four one-bedrooms, three three-bedrooms — across 119 homes running 828 to 1,692 square feet. This is the most affordable building in this guide, assessed at a median of $378,363.
- 247 recorded sales makes it genuinely liquid — unusual for this list. Comparables here are real, which is why the figures below can be stated with more confidence than in a boutique building.
480 NE 30th Street, Miami, Florida | Neighborhood: Edgewater
Platinum is 119 homes in Edgewater, and 47 of them are the same 828 square foot apartment. That apartment has sold ninety times since 2007. What it records is one of the clearest accounts available of what actually happened to small Miami condominiums across the crash, the long flat years afterwards, and the run that followed — with the size mix removed entirely.
What the county records at 480 NE 30th Street
The Miami-Dade County Property Appraiser holds 120 folios at 480 NE 30th Street in one declaration, PLATINUM CONDO. 119 are homes. The other is a reference folio for the underlying land parcel and is excluded throughout. The common-element shares close at 100.05% — marginally over the whole, which is ordinary rounding across 119 folios and confirms nothing is missing.
The homes run 828 to 1,692 square feet, median 1,007, across six floorplans: 828 sq ft (47 homes), 1,007 (31), 1,363 (16), 1,380 (15), 1,692 (3) and 1,276 (2). Sixty-two are two-bedrooms, 54 are one-bedrooms and three are three-bedrooms.
For 2026 the county assesses the 119 homes from $173,127 to $598,332, a median of $378,363.
The lost decade, documented ninety times
Every figure in this section is the 828 square foot plan and nothing else.
| Year | Sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2007 | 37 | $278,000 | $336 |
| 2010 | 4 | $135,000 | $163 |
| 2011 | 4 | $134,000 | $162 |
| 2013 | 2 | $299,500 | $362 |
| 2015 | 3 | $285,000 | $344 |
| 2017 | 3 | $280,000 | $338 |
| 2019 | 4 | $273,500 | $330 |
| 2021 | 5 | $355,000 | $429 |
| 2023 | 2 | $443,500 | $536 |
| 2025 | 2 | $414,500 | $501 |
The building sold out in 2007 — 37 sales of this one plan in a single year, at a median of $336 per square foot. By 2010 and 2011 the same apartment was trading at $163 and $162, on four sales each year. That is a fall of 52%, and it is not a thin-data artefact.
Recovery to the 2007 level took until 2013, at $362 per foot. And then nothing happened for a very long time. Across 2013, 2014, 2015, 2016, 2017, 2019 and 2020 the plan never traded outside $330 to $362 per square foot — seven reading years inside a thirty-two dollar band, while Miami as a whole was widely described as booming.
The move finally came in 2021. $429 per foot that year, $489 in 2022, $536 in 2023 — a rise of 55% in three years. The most recent readings, two sales in 2025, are $501.
The 1,007 sq ft plan (31 homes, 73 sales) tracks the same shape: $350 per foot in 2007, $209 in 2011, then $273–$349 through the 2010s, $546 in 2022 and $490 across four sales in 2025.
The recent price record
| Year | Qualified sales | Median price | Median $/sq ft |
|---|---|---|---|
| 2023 | 9 | $625,000 | $506 |
| 2024 | 2 | $616,500 | $536 |
| 2025 | 6 | $480,000 | $490 |
| 2026 to date | 0 | — | — |
The fall in median price from 2023 to 2025 is mix, not market. 2023’s nine sales included three at 1,363 sq ft, one at 1,380 and one at 1,692. All six of 2025’s sales were the two smallest plans — two at 828 sq ft and four at 1,007. On a per-foot basis the two years are much closer, $506 against $490.
Nothing has sold so far in 2026. The full record runs to 247 qualified sales since April 2007 — more than two per home — which makes this one of the better-evidenced buildings on this list.
Who this building suits, and who it does not
It suits a buyer at the accessible end of Edgewater. The county assesses the median home here at $378,363, well below anything else in this guide, and 54 of the 119 homes are one-bedrooms.
It suits a buyer who wants certainty about comparables. Forty-seven identical homes and 247 recorded sales mean you can price a purchase here from evidence rather than from opinion. That is rare.
It suits badly anyone assuming Miami property always moves. This building is the counter-example, in detail: 52% down, then seven years flat at a level below where it started, then a sharp three-year run. Someone who bought in 2007 and sold in 2019 lost money in nominal terms across twelve years.
And it suits badly a buyer who needs space. Only three homes exceed 1,400 square feet and there are just three three-bedrooms in the entire building.
If you are selling here: use your own plan — the building-wide median moved from $625,000 to $480,000 between 2023 and 2025 purely because smaller apartments happened to trade, and per square foot the two years are almost the same. If you own the 828, you have ninety recorded sales behind you and the last two were $400,000 and $429,000. That is a strong evidence base, and it is also a reminder that the plan traded at $536 per foot in 2023 and $501 in 2025.
Platinum Condominium — Frequently Asked Questions
How many units are in Platinum Condominium?
119 homes. The county returns 120 folios at 480 NE 30th Street, one of which is a reference folio for the underlying land parcel. The common-element shares close at 100.05%, ordinary rounding across 119 folios, so nothing is missing.
What floorplans does Platinum Condominium have?
Six: 828 sq ft (47 homes), 1,007 (31), 1,363 (16), 1,380 (15), 1,692 (3) and 1,276 (2). Sixty-two are two-bedrooms, 54 are one-bedrooms and three are three-bedrooms.
What have prices done at Platinum Condominium?
Measured on the 828 sq ft plan, which 47 homes share and which has sold 90 times: $336 per square foot in 2007, $162 in 2011, back to $362 by 2013, then seven years between $330 and $362, then $429 (2021), $489 (2022), $536 (2023) and $501 in 2025.
Why did the building median fall between 2023 and 2025?
Mix, not market. 2023’s nine sales included five homes of 1,363 square feet or larger; all six 2025 sales were the two smallest plans. Per square foot the two years are $506 and $490 — far closer than the headline medians of $625,000 and $480,000 suggest.
How often do homes sell at Platinum Condominium?
247 qualified sales since April 2007 across 119 homes, including seventeen in the last four years. That makes it one of the more liquid buildings in this guide.
Sources and further reading
Interested in selling in Platinum Condo?
Learn more about selling your condo in Platinum Condo with Josh Stein.
Edgewater Condo & Loft Buildings
Edgewater runs along Biscayne Bay between the Venetian Causeway and the Julia Tuttle. Every building below is covered in this series, with its own county sales record:
- 1800 Biscayne Plaza
- 1800 Club
- Aria on the Bay
- Bay House
- Biscayne Beach
- Blue Condominium
- Cite on the Bay
- City 24
- Edgewater Lofts
- Elysee Miami
- Gallery Art Condominium
- Gran Paraiso
- Icon Bay
- Moon Bay
- New Wave
- One Paraiso
- Onyx on the Bay
- Opera Tower
- Paraiso Bay
- Paramount Bay
- Quantum on the Bay
- The Crimson
- The Grand Condos Miami
- Uptown Lofts
Thinking about Platinum Condo?
I have sold South Florida property since 2002, more than $1 billion of it. Ask me for the recorded declaration, what has genuinely closed, or a straight answer on whether this building fits what you are after.
Josh Stein · Florida real estate sales associate, license SL3057661 · (305) 695-8257 · hello@joshsteinrealtor.comRelated coverage
Part of Miami Luxury Condos.