31 SE 5th St # 2409, Miami FL 33131 | Miami-Dade County | A11726674
- $420,000
- $420,000
Description
Beautiful 1-Bedroom, 1-Bathroom Apartment in Brickell on the River Floor: 24th Bright and spacious with stunning views, Hardwood floors throughout, Washer and dryer in the unit.This charming apartment offers a fantastic living experience in one of Miami’s most desirable neighborhoods
Great opportunity in a prime location . Don’t miss out on this incredible opportunity!
Property Overview
This is a 1-bedroom, 1-bath condominium of about 775 square feet at 31 SE 5th St # 2409, Miami FL 33131 (Miami 33131), listed at $420,000.
Monthly Costs, Stated Plainly
The monthly HOA fee is $880.
The tax of record is $6,701 (2024). As an ESTIMATE ONLY — Florida reassesses at sale — at this price and a Miami-Dade rate near 2.0%: without homestead, about $8,400/yr (≈ $700/mo); with the homestead exemption on a primary residence, about $7,400/yr (≈ $617/mo). Confirm with the Miami-Dade Property Appraiser and a tax professional — these are estimates, not quotes.
Frequently Asked Questions
What is the list price, and what typically conveys with a home like this?
The list price for 31 SE 5th St # 2409, Miami FL 33131 is $420,000. This 1 bedroom, 1 bathroom home, approximately 775 square feet, is listed without explicit notation of being furnished, meaning that only the fixtures and built-in appliances are expected to convey with the sale. Fixtures and built-in appliances are generally included in the sale of a home like this one.
Community amenities such as the Business Center, Exercise Room, Other, and Pool are shared among residents as part of the HOA and do not convey with the individual home. To confirm what is included in the sale and to discuss this property further, buyers should reach out to Christopher Lazaro, Miami Real Estate Realtor, to schedule a viewing or request more information, and verify the specifics of this listing and its inclusions to ensure a clear understanding of the purchase.
Where exactly is it, and what should I know about the location?
The property at 31 SE 5th St # 2409 is located in Miami, FL 33131, situated in the coastal corridor of Miami. This address places the property in a desirable area, with the city and zip code providing a general sense of the location. The unit itself is a 1 bedroom, 1 bathroom residence with approximately 775 square feet of living space, listed at $420,000.
To verify the details of this listing and learn more about the property, contact Christopher Lazaro, Miami Real Estate Realtor, to schedule a viewing or discuss the specifics of the unit and its location. Reach out to Christopher Lazaro to confirm the property's features and get a better understanding of what it has to offer.
What are the HOA / association fees, and what do they cover?
The monthly HOA fee for 31 SE 5th St # 2409, Miami FL 33131 is $880. According to the record, this fee covers Insurance, Pool Service, and Security. As a buyer, it's essential to understand that the community is also subject to city ordinances, which can be found in the municipal code at https://library.municode.com/fl/miami/codes/code_of_ordinances. To confirm the details of the HOA fee and its coverage, it's recommended that you verify this information with a real estate expert.
To get a clearer understanding of the costs and responsibilities associated with this property, consider reaching out to Christopher Lazaro, Miami Real Estate Realtor, to review the specifics of the listing and discuss how the HOA fees fit into your overall budget for the property, listed at $420,000, with 1 bedroom, 1 bathroom, and approximately 775 square feet of living space.
What are the property taxes and homestead implications?
The property taxes for 31 SE 5th St # 2409, Miami FL 33131, listed at $420,000, can be estimated in two ways. As an ESTIMATE ONLY, without homestead, the annual property tax would be about $8,400/yr (≈ $700/mo), and with the homestead exemption on a primary residence, it would be about $7,400/yr (≈ $617/mo), given the tax of record is $6,701 (2024) and a Miami-Dade rate near 2.0%. It's essential to note that Florida's homestead exemption lowers the taxable value, but only for a primary residence.
These are ESTIMATES, not quotes, and it's crucial to confirm with the Miami-Dade Property Appraiser and a tax professional for accurate information. To verify the details and get a clearer understanding of the property taxes and homestead implications for this property, reach out to Christopher Lazaro, Miami Real Estate Realtor, to discuss your specific situation and get guidance on the next steps to take in the home buying process.
Is the home in a flood zone, and what does that mean?
The property at 31 SE 5th St # 2409, Miami FL 33131, listed at $420,000, is located in a area that buyers should investigate for flood risk. Flood zones are areas that the Federal Emergency Management Agency (FEMA) has identified as being at risk for flooding, and are defined in detail on the FEMA website. To determine the flood risk for this specific property, you can View the FEMA flood map for this address. Lenders often require flood insurance for properties in high-risk zones, which can impact the cost of owning the property.
To verify the flood risk and potential insurance requirements for this property, and to discuss how it may affect your purchase, contact Christopher Lazaro, Miami Real Estate Realtor, to review the details and determine the best course of action for your situation.
Are pets allowed?
According to the MLS record for 31 SE 5th St # 2409, Miami FL 33131, the pet policy indicates 'Restrictions Or Possible Restrictions'. This means pets are allowed, with restrictions or possible restrictions. We can pull the association's exact current pet rules for this unit on request. If a documented service animal or ESA is involved, separate federal accommodation rules can apply.
To verify the specifics of the pet policy and confirm the details of this $420,000, 1bd/1ba ~775 sqft listing, contact Christopher Lazaro, Miami Real Estate Realtor, for accurate and up-to-date information on this property.
How is the price set and is there room to negotiate?
Miami-Dade condos have recently been closing at 94% of list, about 64 days on market, according to MIAMI REALTORS®, May 2026. This statistic provides a general idea of the current market conditions. However, the negotiability of the price for 31 SE 5th St # 2409, listed at $420,000, depends on various factors, including the building's specifics and the vicinity. A more accurate assessment of the property's value can be obtained through a Comparative Market Analysis (CMA), which takes into account the unique characteristics of the building and its location.
To get a better understanding of the property's value and potential room for negotiation, it is recommended to review a Miami-specific CMA. This will provide a more detailed analysis of the property's worth. To verify the details and discuss the best approach, reach out to Christopher Lazaro, Miami Real Estate Realtor, to schedule a consultation and determine the optimal strategy for making an offer on this 1bd/1ba ~775 sqft condo in Miami 33131. Contact Christopher Lazaro to review the CMA and explore the possibilities for this property.
What financing step do you recommend before touring?
To ensure a smooth home buying process, it's recommended that you get pre-approved for a mortgage before touring properties like 31 SE 5th St # 2409, Miami FL 33131, listed at $420,000. Connecting with a Florida-licensed mortgage originator can help you understand your financing options and determine a comfortable price range for your purchase. You can start this process by visiting https://Get-PreApproved.com to get pre-approved. This step will give you a clear understanding of your budget and allow you to focus on finding the right property, such as this 1bd/1ba ~775 sqft unit. To verify the details of this listing and discuss your options, reach out to Christopher Lazaro, Miami Real Estate Realtor, to schedule a consultation and explore how to make this property yours.
Monthly Fees & Carrying Costs
| Association Fee | $880 / month |
| Total Monthly Fees | $880 / month |
- Membership Required: No
- Application Fee: $150 (one-time)
Have a question about this Miami listing?
Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.
Address
Open on Google Maps-
Address: 5th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33131
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Area: BRICKELL ON THE RIVER N T
Details
Updated on September 20, 2026 at 1:46 am-
Property ID A11726674
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Price $420,000
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Property Size 775 Sq Ft
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Bedroom 1
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Room 0
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Bathroom 1
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Garage 1
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Year Built 2006
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Type Condominium
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Property Status Active, Residential
Additional details
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View River
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Cooling Central Air
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Heating Central
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Tax Year 2024
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Flooring Wood
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Unit Floor 24
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Inclusions None
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Unit Number 2409
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Building BRICKELL ON THE RIVER N T
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Frontage Bay
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Garage Spaces 1
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Listing Terms All Cash, Conventional
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Area Brickell On The River N T
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Total Stories 40
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Waterfront Yes
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Association Yes
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Full Bathrooms 1
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Half Bathrooms 0
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Covered Spaces 1
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Style Condo 5+ Stories
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Private Pool No
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Structure Type Condo 5+ Stories, Condo
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Association Fee 880
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Parking 1 Space
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Subdivision BRICKELL ON THE RIVER N T
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Annual Tax 6701
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Year Built Details Resale
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Building Area 775
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Lot Size (Sq Ft) 0
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Flood Zone AE
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New Construction No
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Attached Yes
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Bedroom Features At Least 1 Bedroom Ground Level
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Amenities Business Center, Exercise Room, Other, Pool
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Restrictions Ok To Lease
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Construction CBS Construction
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Pets Allowed Yes
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Patio / Porch Open Balcony
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Association Fee Frequency Monthly
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Association Type Condo
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Maintenance Includes Insurance, Pool Service, Security
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Membership Purchase Required No
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