
31 SE 5th Street, Miami, FL, 33131
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Listed HOA: $1,208 · Last reported tax: $10,520/yr
$5,871/mo
$135,000 down
Principal & interest is exact for these inputs. Tax and HOA come from the listing; rate, insurance are editable estimates. Not a loan offer.
Excellent investment opportunity in the heart of Brickell with immediate rental income in place. Beautiful and well-maintained 2BR/2BA residence currently leased at $3,950/month through October 2027, allowing an investor to acquire a tenant-occupied property generating income from day one. Lease includes a 6-month kick-out clause, and tenant may be open to vacating sooner, subject to mutual agreement. Residence features a spacious and functional layout, elegant kitchen cabinetry, stainless steel appliances, washer/dryer inside the unit, and one assigned parking space. Building amenities include a three-story fitness center, men's and women's spa, swimming pool, clubroom, and 24-hour security. Prime Brickell location near the Metromover and within walking distance to Brickell City Centre, Mary Brickell Village, restaurants, shops, entertainment, and nightlife. An attractive opportunity for investors seeking an income-producing property in one of Miami's most desirable and walkable neighborhoods. Contact listing agent for lease details and showing instructions.

Brickell on the River North Tower is a 42-story riverfront condominium at 31 SE 5th Street, completed in 2006 as the first of two towers in the Brickell on the River complex (the 46-story South Tower followed in 2007). Sources differ on the development team: the existing CondoBlackBook record credits Cabi Developers with Revuelta Vega Leon Architects, while Wikipedia credits Groupe Pacific International with Cohen Freedman Encinosa as architect. The program holds 384 residences in studio, one-, and two-bedroom layouts, with floor-to-ceiling windows oriented to capture river views to the north and Brickell skyline views to the south. The Brickell on the River North site sits directly on the Miami River, one of the few Brickell condominium addresses with working riverfront frontage and direct access to the Brickell Riverwalk. The building sits at the northern edge of the Brickell grid, two blocks south of the Brickell Bridge and a short walk to Mary Brickell Village and Brickell City Centre. The Brickell Riverwalk runs along the building's northern flank, with the Underline park feeding south along South Miami Avenue under the elevated Metromover. The Fifth Street Metromover station is two blocks east, connecting into Bayfront Park, the KASEYA Center, Bayside Marketplace, and the Adrienne Arsht Center for the Performing Arts across the river without a car. The MiamiCentral Brightline station sits five blocks north in Downtown, providing direct rail service to Aventura, Fort Lauderdale, and West Palm Beach. South Beach is a 15-minute drive across the MacArthur Causeway. Residence interiors at Brickell on the River North include floor-to-ceiling windows, European cabinetry, granite countertops, stainless steel appliances, and in-unit washer and dryer pairs. The amenity stack runs across two floors and a rooftop, with a resort-style pool on the 42nd floor offering panoramic river and bay views, a second amenity-level pool on a lower deck, a fitness center, spa, movie theater, business center, club room, and 24-hour concierge, valet, and security. The riverfront orientation, the small studio and one-bedroom unit mix, and walkability to both Brickell and Downtown give Brickell on the River North a different character from the larger Brickell Avenue luxury inventory to the south, and the building has historically drawn investor buyers active in the Brickell rental market.
Floor plans and unit details are subject to change. Contact us for the most current information.
31 SE 5th Street, Miami, FL, 33131