31 SE 5th St 3916, Miami, FL 33131 — MLS photo

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31 SE 5th St 3916, Miami, FL 33131

Active · Condominium

$590,000

31 SE 5th St 3916, Miami, FL 33131

Beds
2
Baths
3
Living area
1,335 sq ft
$ / sq ft
$442/sq ft
Year built
2006
Lot size
—
HOA fee
$1,631
Annual tax
—

About this property

Spacious 2-bedroom, 2.5-bath residence in the heart of Brickell featuring high ceilings, two private balconies, and in-unit washer and dryer. The unit has been recently upgraded with a new HVAC system, updated appliances, hardwood floors, and modern interior finishes, offering a move-in ready or turnkey investment opportunity. Located at Brickell on the River, residents enjoy resort-style amenities including two pools (including an infinity pool with river and bay views), fitness center, steam room, jacuzzi, and direct Riverwalk access. The North Tower is also home to El Cielo, a Michelin-awarded restaurant, offering a premier dining experience within the building. Steps from the 5th Street Metromover, Brickell City Centre, dining, entertainment, and the Financial District. Currently leased, providing immediate cash flow opportunity for investors. Robust building and master association financials available upon request.

Property location

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31 SE 5th St 3916, Miami, FL 33131

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Facts & features

Interior

Bedrooms
2
Bathrooms
3
Living area
1,335 sq ft

Exterior & Structure

Property type
Condominium
Year built
2006

Parking

Not provided in the MLS listing.

HOA, Community & Financials

Association fee
$1,631
County
Miami-Dade
MLS listing ID
A11984420
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

-$2,083

Cap rate
1.5%
Net yield
1.5%
Cash-on-cash return
-15.1%
Gross yield
8.2%
Mortgage payment
$2,797/mo
Down payment
$147,500
Loan amount
$442,500
Annual NOI
$8,569

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