$640,000

31 5th St #2808, Miami, FL 33131

Bedrooms
2
Baths
2
Living area
1,051 ft²
Price per ft²
$609 / ft²
Type
Condo
Year built
2006
HOA
$1,208 / mo HOA
On market
3 days on market
MLS #
A12085436

Exceptional opportunity to own a spacious 2-bedroom, 2-bathroom residence on the 28th floor of Brickell on the River. Featuring a desirable split floor plan, open living space, private balcony, granite countertops, European-style cabinetry, and stainless steel appliances. **Priced attractively to reflect the temporary impact of nearby construction**, this residence offers compelling long-term potential. The neighboring site is being transformed by **Baccarat Residences Miami**, bringing new luxury development, waterfront infrastructure, restaurants, public spaces, and an enhanced riverwalk to the area - improvements expected to further elevate this prime Miami River location. Full-service waterfront building with two pools, fitness center, spa, concierge, valet and 24-hour security. Steps from the Metromover, Brickell City Centre, dining, shopping and entertainment. An opportunity to buy at today’s price while the surrounding waterfront is being transformed.

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $609. The median for recorded sales in the same ZIP codes is $610/ft² — putting it close to the median.
  • Position in the area’s price distributionThe asking price is $640,000; the median of recorded sales in the area is $617,500 (1,120 sales). On raw price that is 4% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $1,208 per month comes to $14,496 a year — 2.3% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33129, 33130, 33131 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$192,000
Term

6.76% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 10, 2026.

Estimated monthly payment$2,909
Loan amount
$448,000
Total interest over the term
$599,131
Total repaid
$1,047,131

Foreign buyers are typically asked for 30–40% down, at rates 1–2 points above what US citizens pay. The rate above is the US-citizen product — enter your own rate if you know your terms.

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Broker One

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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