31 SE 5 ST 507, Miami, FL 33131

31 SE 5 ST 507, Miami, FL 33131 is a 1-bedroom, 1-bathroom residential - total value : condominium - residential built in 2006 with 757 square feet of living space. The property is currently owned by WAIPA LLC, recorded as of 2026-03-29. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2010-06-23 for $160,000, when MARITZA CAVALIERI sold to WAIPA LLC. The property has appreciated $27,000 (20%) since the prior sale of $133,000 on 2010-06-18. There are 3 recorded sales for this property.

The 2025 assessed value is $272,973 with a market value of $301,080. The assessed value increased 10% from $248,158 in 2024. 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 507, 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 2010, with 3 recorded transactions in the public record. The current assessed value represents 171% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal.

Based on the most recent sale, this property traded at $211 per square foot — a key metric for comparing value across Miami's real estate market..