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Waterfront · Condominium
$874,000$620 / sqft
31 SE 5th St # 4112, Miami FL 33131
Listed
3
Bedrooms
3
Bathrooms
1,410 sqft
Interior
2006
Year built
$1,600 / mo
HOA
Condominium
Type
About this home
Stunning 3-bedroom, 2.5-bathroom corner residence on the 41st floor featuring expansive views of the Miami River extending to Biscayne Bay and the Brickell skyline. This well-designed floorplan offers two spacious balconies, floor-to-ceiling windows, high ceilings, and abundant natural light throughout. Interior features include elegant marble flooring in the living areas, remodeled bathrooms, and updated bedroom flooring (October 2023), complemented by modern vanities and contemporary finishes. Recent improvements include a new A/C system (January 2026), new refrigerator (2025), and new washer and dryer (2024). Conveniently located near dining, shopping, and entertainment at Brickell City Centre with access to the Metromover nearby. Brickell on the River North offers amenities including two swimming pools, jacuzzi, sauna and steam room, a two-story fitness center, 24-hour concierge, valet parking, and electric vehicle charging stations. Located on Line 12, the residence maintains open water views despite the development of Baccarat Residences Miami. Parking space #125 is located on the 3rd floor. Investment opportunity. Unit currently rented for $5,600 per month through December 15, 2026.
Features
- Lobby
- Elevator
- Walk-In Closet(s)
- Barbeque
- Courtyard
- Open Balcony
- Bay
- Ocean View
- Skyline
Run the numbers
We fill in the price and the building's HOA dues. That leaves tax, insurance and maintenance — they depend on your exemptions, your insurer and the unit, so we don't guess them. Rent starts from what comparable units are asking nearby. Vacancy and the loan terms below start at common defaults; change them.
Median asking rent for 3-bed rentals in Brickell, from 102 active listings; the middle half ask $6,900–$14,700.That is what landlords ask, not what units let for — edit it if you know better.
Our default, not a market figure
From the listing
Depends on assessed value & exemptions
Varies widely by building
Repairs, turnover, management
Cap rate
Cash-on-cash
Monthly cash flow
Net operating income
Enter property tax, insurance, maintenance to see the returns. A cap rate calculated without every cost overstates the deal — often by half — so we don't show a partial one.
Illustration only — not a loan offer, quote, or investment advice. We are not a lender and neither offer nor arrange financing. The loan fields start at 20% down over 30 years at 6.5% (rates as of July 2026); that is a nominal rate for illustration, not an APR, and your actual terms will differ. Cap rate is unlevered; cash-on-cash counts the down payment as invested capital and excludes closing costs.
Listing data from the MIAMI Association of REALTORS® (MIAMIRE) IDX program. Information deemed reliable but not guaranteed. Demo data shown for layout purposes.