What is the asking price and what does it include?

The list price for 41 SE 5th St # 1116, Miami FL 33131 is $598,000. The property is a Condominium with 2 bedrooms, 2 bathrooms, approximately 1289 square feet of living space, on a — lot. List price reflects the home and customarily-attached fixtures; it does not include furniture, art, or detached personal property unless explicitly listed in contract. Final inclusions are determined by the executed purchase contract, not by this page. Contact us if you want a written inclusions/exclusions schedule before drafting an offer.

Where exactly is it, and what is the neighborhood like?

The property sits at 41 SE 5th St # 1116, Miami FL 33131 in Miami, 33131. Coordinates are approximately 25.7690384, -80.1920291. Walkability, transit, distance to beach or bay, and traffic patterns vary block by block and are best evaluated in person; visit at both a weekday rush hour and a weekend afternoon before writing an offer. We do not characterize neighborhoods by demographic composition — Fair Housing Act constraints we take seriously. We will gladly provide objective data on request: distance to nearest grocery, hospital, marina, public school, and major roadway.

What are the property taxes and any homestead implications?

Miami-Dade County real-estate taxes are administered by the Miami-Dade Property Appraiser (current assessment + tax-bill data at https://www.miamidade.gov/pa/property_search.asp). A new buyer's tax bill resets based on the sale price and the buyer's own exemption status; the first full tax bill after purchase is often meaningfully higher than the seller's prior bill. Florida's Homestead Exemption reduces the taxable value for a primary residence — eligibility requirements and filing windows are published at https://www.miamidade.gov/pa/exemptions_homestead.asp. The statewide Florida Department of Revenue property-tax reference is at https://floridarevenue.com/property/.

Is it in a flood zone, and what does that mean for insurance?

Authoritative flood-zone designation for any U.S. address is published by FEMA on the National Flood Hazard Layer at https://msc.fema.gov/portal/home. Coastal South Florida includes properties in multiple flood-risk zones (AE, V, VE, X). Lenders typically require flood insurance in high-risk zones. The FEMA Risk Rating 2.0 methodology (premiums based on elevation, construction type, claims history, distance to water) is documented at https://www.fema.gov/flood-insurance/risk-rating. Florida-specific flood-insurance program data is at https://floridarevenue.com/.

How do you determine the list price?

We analyze recent comparable sales in Miami — similar properties in size, condition, and location that sold within the last three to six months. This Comparative Market Analysis (CMA) helps ensure 598,000 reflects current market value. For a personalized CMA on a specific property or to discuss listing strategy, contact us directly.

How long does it typically take to close on this property?

Most Florida real estate transactions close in 30–45 days from accepted offer, assuming timely financing, inspections, and HOA or condominium questionnaire responses. Condominium sales may take longer if SB-4D structural reports or association approvals are needed. We manage the timeline closely to avoid delays. Contact us for a detailed closing checklist tailored to 41 SE 5th St # 1116, Miami FL 33131.

What financing step do you recommend before touring?

Get pre-approved by a licensed lender before making an offer. A pre-approval letter shows sellers you are a serious buyer and can close. In Florida's competitive market, it is often a practical requirement. We work with trusted local lenders who understand Miami-Dade specifics like flood-zone implications and condominium-warrantability requirements. Call us for lender referrals.

Home
Condominium
41 SE 5th St # 1116, Miami FL 33131 | Miami-Dade County | A12027800

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41 SE 5th St # 1116, Miami FL 33131 | Miami-Dade County | A12027800

41 SE 5th St # 1116, Miami FL 33131

Residential Active

$598,000

61 More

Type
Condominium

2
Bedrooms

2
Bathrooms

1
Garage

1289 Square Feet
Area Size

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Residential Active

41 SE 5th St # 1116, Miami FL 33131 | Miami-Dade County | A12027800

41 SE 5th St # 1116, Miami FL 33131

$598,000

Description

Experience luxury living in this exquisite corner residence. Featuring floor-to-ceiling windows that flood the space with natural light, this 2-bedroom, 2-bathroom home offers serene views and unparalleled convenience. Easy to show call listing agent! Available October 1st

Address

Open on Google Maps

Address: 5th St
City: Miami
State/county: Miami-Dade County
Zip/Postal Code: 33131
Area: BRICKELL ON THE RIVER S T

Details

Updated on June 2, 2026 at 3:05 pm

Property ID A12027800
Price $598,000
Property Size 1289 Square Feet
Bedrooms 2
Bathrooms 2
Garage 1
Year Built 2006
Type Condominium
Property Status Residential

Additional details

ArchitecturalStyle Corner Unit
AssociationAmenities Elevator(s), Pool, Sauna, Spa/Hot Tub
AssociationFee 1100
AssociationFeeFrequency Monthly
BathroomsFull 2
BathroomsHalf 0
BuildingAreaTotal 1289
BuildingAreaUnits Square Feet
BuildingName BORS
ConstructionMaterials Concrete Block With Brick
ContractStatusChangeDate 2026-05-29
Cooling Other
CoveredSpaces 1
DaysOnMarket 4
ElementarySchool Southside
EntryLevel 11
ExpirationDate 2026-09-17
Flooring Ceramic Floor
Heating Central
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR A-Miami Association of REALTORS
ListAgentDirectPhone 918-805-9003
ListingTerms All Cash, Conventional
LotSizeSquareFeet 0
MLSAreaMajor Brickell On The River S T
MajorChangeTimestamp May 30, 2026 at 10:20pm
MajorChangeType Price Increase
MiddleOrJuniorSchool Shenandoah
MlsStatus Active
ModificationTimestamp June 2, 2026 at 02:40pm
OnMarketDate 2026-05-29
OriginalEntryTimestamp May 29, 2026 at 11:56pm
OriginalListPrice 568000
OriginatingSystemID miamire
OriginatingSystemKey miamire
OriginatingSystemName Miami Association of REALTORS®
OtherExpense 0
ParcelNumber 01-41-38-133-2920
ParkingFeatures 1 Space, Valet
PhotosChangeTimestamp May 31, 2026 at 07:48am
PhotosCount 66
Possession Before Closing
PostalCode 33131
PostalCodePlus4 2542
PreviousListPrice 568000
PriceChangeTimestamp May 30, 2026 at 10:20pm
PublicSurveyRange 41
PublicSurveySection 38
PublicSurveyTownship 41
RoomsTotal 0
SecurityFeatures Doorman, Elevator Secure, Fire Alarm, Lobby Secured
ShowingContactType Agent
ShowingInstructions 24 Hour Notice, Call Listing Agent
SourceSystemKey 500423683
StateOrProvince FL
StatusChangeTimestamp May 29, 2026 at 11:56pm
StoriesTotal 24
StreetDirPrefix SE
StreetName 5th St
StreetNumber 41
StreetNumberNumeric 41
StructureType Condo 5+ Stories, Condo
SyndicationRemarks Experience luxury living in this exquisite corner residence. Featuring floor-to-ceiling windows that flood the space with natural light, this 2-bedroom, 2-bathroom home offers serene views and unparalleled convenience. Easy to show call listing agent! Available October 1st
TaxAnnualAmount 8825
TaxLegalDescription BRICKELL ON THE RIVER S TWR CONDO UNIT 1116 UNDIV 0.3228% INT IN COMMON ELEMENTS OFF REC 26108-1194 COC 26478-2778 06 2008 1
TaxYear 2025
UnitNumber 1116
View Water View
YearBuiltDetails Resale