Platinum Condo

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 ten recorded sizes, the main ones being: 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.

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 both readings rest on several sales (37 in 2007, 4 in 2011).

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 61% from the 2020 reading of $332. 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

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, of which 84 were recorded in 2007 as the building sold out. Since 2008 the record shows 163 sales, 17 of them in 2023 to 2025.

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 for 2026, and 54 of the 119 homes are one-bedrooms.

It suits a buyer who wants certainty about comparables. Forty-seven homes of the same size and 247 recorded sales give a deep record to price a purchase against, though only two sales fell in the last 12 months.

It suits badly anyone assuming Miami property always moves. This building is the counter-example, in detail: 52% down on the 828 plan, then seven reading years flat at about the 2007 level ($330 to $362 against $336), 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.

How this building compares: the Miami Condo Index ranks buildings by price per square foot and four-year change from the county record, the Miami Resale Record shows how often resales closed below the seller’s price, and the 100 Latest Sales list shows MLS closings as they post. Every building we cover is on the Miami Luxury Condos page.

Interested in selling in Platinum Condo?

Learn more about selling your condo in Platinum Condo with Josh Stein.

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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