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31 SE 5th Street # 2801, Miami FL 33131

Condo/Co-op For Sale
$675,000

BTC: 8.18380213

ETH: 254.71698113

New
Waterfront
2 bds
2 ba
1,117 sqft

Overview

Excellent investment opportunity in the heart of Brickell with immediate rental income in place. Beautiful and well-maintained 2BR/2BA residence currently leased at $3,950/month through October 2027, allowing an investor to acquire a tenant-occupied property generating income from day one. Lease includes a 6-month kick-out clause, and tenant may be open to vacating sooner, subject to mutual agreement. Residence features a spacious and functional layout, elegant kitchen cabinetry, stainless steel appliances, washer/dryer inside the unit, and one assigned parking space. Building amenities include a three-story fitness center, men's and women's spa, swimming pool, clubroom, and 24-hour security. Prime Brickell location near the Metromover and within walking distance to Brickell City Centre, Mary Brickell Village, restaurants, shops, entertainment, and nightlife. An attractive opportunity for investors seeking an income-producing property in one of Miami's most desirable and walkable neighborhoods. Contact listing agent for lease details and showing instructions.

Location

Details

Type:
Residential
Parking:
1 Space
Year Built:
2006
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$604
Cooling:
Central Air
HOA:
$1,208

Valuation

Our model vs. what's actually selling nearby.
Estimate
$415,000
$319K – $669K
Confidence Low
List vs. estimate
$260K above estimate
List $675,000 · +62.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$604
+5.0% vs. city median $575
Based on
695 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $502K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,520
2025
HOA
$1,208/mo
View
River
Waterfront
River
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    Property

    • Exterior Features: Barbeque

    Other Property Information

    • Parcel Number: 01-41-38-113-0260

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,208

    • HOA Frequency: Monthly

    • Annual tax amount: $10,520

  • Source details

    • MLS ID: A12097143

    Other facts

    • Construction Materials: Concrete Block Construction

    • Architectural Style: Corner Unit

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 1117

    • Subdivision Name: BRICKELL ON THE RIVER N T

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Brickell Brokers LLC