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41 SE 5th St APT 808, Miami, FL, 33131

2beds
2baths
1,402sqft
$575,000
$410price/sqft
$4,237/moest. monthly cost
$169,480/yrincome needed

About This Home

PRICE REDUCED FOR QUICK SALE Best-priced 2BD + Den in Brickell on the River South! Tenant occupied. Lease in place at $3,800/month until March 14, 2027 (below market rent with upside potential). Showings by appointment with advance notice. Please allow 24–48 hours for scheduling; video available upon request. Rentals allowed from day one — excellent income-producing opportunity. Submit all offers via MLS with proof of funds for deposits/down payment and/or full purchase if cash. If financing, include pre-approval letter and DU (Desktop Underwriter).

Getting Around

98
WalkingWalker's Paradise
100
TransitRider's Paradise
79
BikeVery Bikeable

Schools

7/10
5/10
Shenandoah Middle SchoolGrades 6-82.4 mi

Construction

Condition

  • Year built: 2006

Materials

  • Construction materials: Concrete Block Construction

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Electric Range,Ice Maker,Microwave,Refrigerator,Trash Compactor,Washer

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 2
  • Full bathrooms: 2

Features

  • Walk-In Closet(s)
  • Door features: High Impact Doors
  • Window features: Clear Impact Glass,Blinds
  • Flooring: Ceramic Tile,Other,Parquet

Heating & Cooling

  • Heating features: Central
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,402
  • Total interior livable area: 1,402 sqft

Property

Details

  • Parcel number: 0141381331470
  • Attached to another structure: Yes

Features

  • Entry location: First Floor Entry
  • Pool features: Association
  • Exterior features: Barbecue,Balcony
  • Has view: Yes
  • View description: Intracoastal View,Other
  • Has water view: Yes
  • Water view: Intracoastal View
  • On waterfront: Yes
  • Waterfront features: Waterfront

Parking

  • Total spaces: 1
  • Parking features: 1 Space,Valet
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Coastal Flooding
    Coastal FloodingModerate
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Coastal Flooding
Hurricane
Heat Wave
Tsunami

FEMA Declared Disasters in Miami-Dade County and Florida

Flood
Hurricane
Tropical Depression
Tropical Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,907$34,884
Home Insurance *$166$1,992
Property Taxes $967$11,604
Electricity $197$2,366
Total$4,237$50,844
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$145,268/yr
40% on housing$127,110/yr
45% on housing$112,986/yr

Florida FAIR Plan Programs

Citizens Property Insurance Corporation [Florida]

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 1,321,953Commercial: 13,564
Total Premiums$4.60B
Total Exposure$385.82B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 7.8%
7.8%
0%30.0%
Electricity Growth Rate10-year average: 2.2%
2.2%
0%15.0%
Property Taxes Growth Rate2-year average: 3.3%
3.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$410This listing

vs Other Active Listings

Avg $/sqft

ZIP 33131$1,009
Miami-Dade County$639

vs Homes Sold Last Month

Median $/sqft

ZIP 33131$504
Miami-Dade County$404

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-10Price change$569,000
2026-05-29Price change$575,000
2026-05-02Price change$595,000
2026-04-03Price change$615,000
2026-03-19Listed for sale$624,900
2026-02-26Listing removed$695,000
2025-11-08Listed for sale$695,000
2025-09-07Listing removed$3,800
2025-09-06Listing removed$695,000
2025-09-02Price change$3,800
2025-07-17Price change$3,950
2025-07-08Price change$695,000
2025-06-23Price change$4,080
2025-05-06Price change$4,180
2025-04-08Price change$4,350
2025-03-28Price change$4,490
2025-02-18Listed for sale$715,000
2025-01-07Price change$4,700
2024-11-16Price change$4,990
2024-10-31Listed for rent$5,500
2024-09-06Sold$630,000
2024-07-22Listing removed--
2024-07-22Pending sale$650,000
2024-06-10Listed for sale$650,000
2024-04-15Listed for rent$4,000
2023-04-16Listing removed--
2009-04-22Sold$245,000

For Sale by Agent

AgentJuliana Correa
BrokerageMajestic Properties LLC

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