31 SE 5 ST 1602, Miami, FL 33131

Parcel: 0141381130450 · Residential · Condominium - Residential · Zoning: 6408

Assessed Value (2025)
$311,276

Property Details

Beds
2
Baths
2
Living Sqft
1,110
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$366,674
2006-03-01
2
$250,000-32%
2011-02-21
FABIOLA CASTROVINCENT JEREMIAH SHEA II
3
$407,500+63%
2017-04-18
VINCENT JEREMIAH SHEA IIJOSE MANUEL CASTILLO BETANCES

Tax Assessment History

$311,276
Assessed (2025)
$458,223
Market Value
$260,554
Taxable Value
$5,305
Annual Tax
2024
$302,504
$472,395
2025
$311,276
$458,223
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $311,276 $458,223 $260,554 $5,305
2024 $302,504 $472,395 $252,504 $5,141

About 31 SE 5 ST 1602, Miami, FL 33131

31 SE 5 ST 1602, Miami, FL 33131 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,110 square feet of living space. The property is currently owned by JOSE MANUEL CASTILLO BETANCES CRISTIANA A CASTILLO, recorded as of 2026-04-19. The owner appears to be owner-occupied based on the mailing address matching the property address.

The most recent sale was on 2017-04-18 for $407,500, when VINCENT JEREMIAH SHEA II sold to JOSE MANUEL CASTILLO BETANCES. The property has appreciated $157,500 (63%) since the prior sale of $250,000 on 2011-02-21. There are 3 recorded sales for this property.

The 2025 assessed value is $311,276 with a market value of $458,223. The assessed value increased 3% from $302,504 in 2024. The property has the following tax exemptions: homestead.

The median household income in this area is $161,403, and the median home value is $482,800. The population density is 35,129 people per square mile. 31 SE 5 ST 1602, Miami, FL 33131 is located in Miami, Florida.

Property records, tax assessments, sales history, and ownership information for this Miami property are sourced from miami_dade County public records. The complete ownership history of this property spans from 2006 to 2017, with 3 recorded transactions in the public record. The current assessed value represents 76% of the most recent sale price.

Based on the most recent sale, this property traded at $367 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

JOSE MANUEL CASTILLO BETANCES CRISTIANA A CASTILLO
31 SE 5 ST 1602, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$2,267 — $3,912
Flood $400 — $800
Property/Wind $1,867 — $3,112

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$161,403
Median Home Value$482,800
Pop. Density35,129/sq mi

Neighborhood 33131

22.1%
Owner-Occ
77.9%
Investor
1,448
Flips (4yr)
25,103
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →
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