31 SE 5th St 2603, Miami, FL 33131 — MLS photo

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31 SE 5th St 2603, Miami, FL 33131

Active · Condominium

$450,000

31 SE 5th St 2603, Miami, FL 33131

Beds
1
Baths
1
Living area
775 sq ft
$ / sq ft
$581/sq ft
Year built
2006
Lot size
—
HOA fee
$860
Annual tax
—

About this property

Perched on the 26th floor, this elegant 1-bed /1-bath condo offers miami river and city views; an unbeatable location just steps from Brickell’s finest restaurants, mall, cafés, and entertainment venues. The bright, modern layout combines comfort and style. The building provides a secure, welcoming atmosphere with resort-style amenities, including a spa, gym, 2 pools, and covered parking. Whether you’re looking for a primary residence or an income-producing property, the prime location guarantees strong rental demand and lasting value. Currently tenant-occupied until June 14, 2027 with a lease at $3,000 per month, this property offers immediate rental income and a solid return on investment. Don’t miss the opportunity to own a piece of Miami’s most vibrant district!

Property location

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31 SE 5th St 2603, Miami, FL 33131

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
775 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$860
County
Miami-Dade
MLS listing ID
A11858408
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,599

Cap rate
1.4%
Net yield
1.4%
Cash-on-cash return
-15.2%
Gross yield
7.0%
Mortgage payment
$2,133/mo
Down payment
$112,500
Loan amount
$337,500
Annual NOI
$6,416

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.