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Buildings/Miami/BRICKELL ON THE RIVER

Premium

BRICKELL ON THE RIVER

Brickell on the River

31 SE 5 ST, Miami 33131

★ 4.1

2006

Year Built

404

Units

CI Score

Moderate

For Sale

$640K

Avg Price

$460

Sale $/SF

For Rent

$3,950

Avg Rent

$4.07

Rent $/SF

-3.7%

YoY

For Sale

For Rent

Investor-Owned

71%

Avg HOA

$1,276/mo

Brickell on the River is a 404-unit residential tower located in the heart of Miami's Brickell neighborhood at 31 SE 5th Street. Built in 2006, this premium-tier building offers a range of floor plans from studios to 3-bedroom units, catering to both owner-occupants and investors. With an average rental rate of $5,824/month and strong investment fundamentals, the building represents an established presence in Miami's dynamic downtown corridor.

Building Details

Address

31 SE 5 ST, Miami, 33131

Neighborhood

Miami

Year Built

2006

Total Units

404

Avg Unit Sqft

980 SF

Tier

Premium

Avg $/SF

$460.35

Avg Rent

$3,950/mo

Rent $/SF

$4.07/SF

HOA Range

$842 – $1,721

Google Rating

4.1 (286 reviews)

Neighborhood Rank

Top 20%

Avg Unit Value

$423K

Total Sales (All-Time)

1,136

Amenities

PoolFitness CenterLobbyElevatorParking GarageSecurityConcierge

Investment Analysis

Yield Metrics

Rental Yield (annualized)11.3%

YoY Appreciation-3.7%

Total Yield81.9%

Median Rent$3,950/mo

YoY Rent Change+8.2%

YoY Sale $/SF Change-12.8%

Market Data

Sale Price Trend ($/SF)

$446

-12.5%

Rental Price Trend ($/SF)

$3.57

+0.8%

Building Activity

Days on Market

223

days

Sitting longer

Months of Inventory

25.0

months

Buyer's market

Sale-to-List Ratio

92.2%

Buyers negotiating

Price Reductions

75%

of listings

Many price cuts

Closed Sales (120d)

transactions

Moderate activity

Median Rent

$3,950

/month

Sales & Listings

Active Listings

For Sale (6)

$395K

Unit 409

1 bd1 ba775 sf

$510/SF321 DOM

$400K

Unit 1803

1 bd1 ba775 sf

$516/SF1 DOM

$420K

1 bd1 ba757 sf

$554/SF162 DOM

$420K

1 bd1 ba775 sf

$542/SF469 DOM

$442K

Unit 2307

1 bd1 ba757 sf

$584/SF5 DOM

$450K

1 bd1 ba775 sf

$581/SF284 DOM

For Rent (6)

$3K

Unit 2807

1 bd1 ba757 sf

$4/SF10 DOM

$3K

Unit 2103

1 bd1 ba775 sf

$4/SF131 DOM

$3K

757 sf

$3K

Unit 2507

1 bd1 ba757 sf

$4/SF

$3K

Unit 2603

1 bd1 ba775 sf

$4/SF32 DOM

$3K

Unit 2305

1 bd1 ba757 sf

$4/SF11 DOM

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Mar 18, 2026	$708K	$529.96	2/3	1,335
Sep 29, 2025	$400K	$528.4	1/1	757
Sep 26, 2025	$415K	$460.09	1/1	902
Sep 19, 2025	$375K	$335.72	2/2	1,117
Sep 12, 2025	$580K

Units & Ownership

Total Units

404

Avg Sqft

980 SF

Avg Assessed

$396K

Owner-Occupied

29%

Tax & Ownership

Investor-Owned

71%

Owner-Occupied

29%

Avg Assessed Value

$396K

Avg Taxable Value

$381K

Effective Year Built

2006

Zoning

6408

Unit Mix

Studio5

Avg 895 SF

1 BR153

Avg 794 SF

2 BR186

Avg 1,113 SF

3 BR40

Avg 1,466 SF

Unknown20

Avg 220 SF

Unit Directory

Showing 10 of 404 units

Unit	Beds	Baths	SF	Assessed	Owner	Last Sale	$/SF	Sale Date
201	2	2	1,117	$403K	—	$592K	$530	Sep 2022
202	1	1	917	$295K	—	$275K	$300	May 2012
203	1	1	775	$286K	—	$290K	$374	Aug 2021
205	1	1	757	$203K	✓	$274K	$362	Apr 2016
207	1	1	757	$265K	—	$145K	$192	Oct 2010
209	1	1	775	$273K	—	$138K	$178	Nov 2010
301	2	2	1,117	$276K	✓	$224K	$200	Jul 2019
302	1	1	917	$298K	—	$175K	$191	Dec 2010
303	1	1	775	$299K	—	$440K	$568	Aug 2023
305	1	1	757	$205K	✓	$246K	$325	Apr 2015