31 SE 5 ST 2807, Miami, FL 33131

Parcel: 0141381131940 · Residential · Condominium - Residential · Zoning: 6408

Assessed Value (2025)
$339,733

Property Details

Beds
1
Baths
1
Living Sqft
757
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$99,300
2010-02-22
CARMEN M GUTIERREZNOVASTAR MORTGAGE INC
2
$100non-market transfer
2010-05-07
NOVASTAR MORTGAGE INCDEUTSCHE BANK NATL TRUST CO TRS
3
$187,900
2010-06-14
DEUTSCHE BANK NATL TRUST CO TRSEDGAR MAYORAL PALANCA

Tax Assessment History

$339,733
Assessed (2025)
$374,608
Market Value
$339,733
Taxable Value
$6,917
Annual Tax
2024
$308,849
$374,608
2025
$339,733
$374,608
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $339,733 $374,608 $339,733 $6,917
2024 $308,849 $374,608 $308,849 $6,288

About 31 SE 5 ST 2807, Miami, FL 33131

31 SE 5 ST 2807, 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 EDGAR MAYORAL PALANCA, 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 2010-06-14 for $187,900, when DEUTSCHE BANK NATL TRUST CO TRS sold to EDGAR MAYORAL PALANCA. The property has appreciated $187,800 (187800%) since the prior sale of $100 on 2010-05-07. There are 3 recorded sales for this property.

The 2025 assessed value is $339,733 with a market value of $374,608. The assessed value increased 10% from $308,849 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 2807, 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 2010 to 2010, with 3 recorded transactions in the public record. The current assessed value represents 181% 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 $248 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

EDGAR MAYORAL PALANCA
9560 SW 107 AVE STE 202, MIAMI, FL, 33176
Since: 2026-03-29
View owner profile →

Est. Annual Insurance

$2,438 — $4,197
Flood $400 — $800
Property/Wind $2,038 — $3,397

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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