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Buildings/Miami/BRICKELL ON THE RIVER

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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

$582K

Avg Price

$530

Sale $/SF

For Rent

$2,850

Avg Rent

$4.07

Rent $/SF

-4.4%

YoY

For Sale

For Rent

Investor-Owned

71%

Avg HOA

$1,288.5/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

$529.96

Avg Rent

$2,850/mo

Rent $/SF

$4.07/SF

HOA Range

$769 – $1,600

Google Rating

4.1 (286 reviews)

Neighborhood Rank

Top 20%

Avg Unit Value

$423K

Total Sales (All-Time)

1,218

Amenities

PoolFitness CenterLobbyElevatorParking GarageSecurityConcierge

Investment Analysis

Yield Metrics

Rental Yield (annualized)4.8%

YoY Appreciation-4.4%

Total Yield81.9%

Median Rent$2,850/mo

Liquidity & Demand

Closed Sales (120d)1

Market Data

Sale Price Trend ($/SF)

$530

+4.0%

Rental Price Trend ($/SF)

$3.72

+7.8%

Building Activity

Days on Market

124

days

Sitting longer

Months of Inventory

96.0

months

Buyer's market

Sale-to-List Ratio

97.6%

Strong demand

Price Reductions

100%

of listings

Many price cuts

Closed Sales (120d)

transactions

Low volume

Median Rent

$2,850

/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

$415K

Unit 304

1 bd2 ba987 sf

$420/SF659 DOM

$420K

1 bd1 ba775 sf

$420K

Unit 1603

1 bd1 ba775 sf

$425K

1 bd1 ba757 sf

For Rent (6)

$3K

Unit 407

1 bd1 ba757 sf

$4/SF17 DOM

$3K

757 sf

$3K

Unit 2103

1 bd1 ba775 sf

$4/SF131 DOM

$3K

Unit 2603

1 bd1 ba775 sf

$4/SF32 DOM

$3K

Unit 3308

2 bd2 ba1,051 sf

$3/SF41 DOM

$3K

775 sf

Recent Sales

Date	Price	$/SF	Bed/Bath	SF
Mar 18, 2026	$708K	$529.96	2/3	1,335
Sep 30, 2025	$415K	$460.09	1/2	902
Sep 29, 2025	$400K	$528.4	1/1	757
Sep 26, 2025	$415K	$460.09	1/1	902
Sep 19, 2025	$375K

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

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BRICKELL ON THE RIVER

Building Details

Investment Analysis

Yield Metrics

Liquidity & Demand

Market Data

Sales & Listings

Units & Ownership

Photos

New Listing Alerts