31 SE 5 ST 2608, Miami, FL 33131

Parcel: 0141381132140 · Residential · Condominium - Residential · Zoning: 6408

Assessed Value (2025)
$445,133

Property Details

Beds
2
Baths
2
Living Sqft
1,051
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL

Sales History

1
$465,000
2006-03-01
2
$100non-market transfer
2014-07-24
PEDRO TINOCO &W ANDREINAPEDRO TINOCO
3
$405,000
2021-05-24
PEDRO TINOCOMICHAEL MAHTANI

Tax Assessment History

$445,133
Assessed (2025)
$445,133
Market Value
$445,133
Taxable Value
$9,063
Annual Tax
2024
$445,241
$463,680
2025
$445,133
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2025 $445,133 $445,133 $445,133 $9,063
2024 $445,241 $463,680 $445,241 $9,065

About 31 SE 5 ST 2608, Miami, FL 33131

31 SE 5 ST 2608, Miami, FL 33131 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,051 square feet of living space. The property is currently owned by MICHAEL MAHTANI SHALEEN MAHTANI, 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 2021-05-24 for $405,000, when PEDRO TINOCO sold to MICHAEL MAHTANI. The property has appreciated $404,900 (404900%) since the prior sale of $100 on 2014-07-24. There are 3 recorded sales for this property.

The 2025 assessed value is $445,133 with a market value of $445,133. The assessed value decreased 0% from $445,241 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. There are active mortgage liens totaling $282,394 recorded against this property. 31 SE 5 ST 2608, 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 2021, with 3 recorded transactions in the public record. The current assessed value represents 110% of the most recent sale price.

Based on the most recent sale, this property traded at $385 per square foot — a key metric for comparing value across Miami's real estate market..

Current Owner

MICHAEL MAHTANI SHALEEN MAHTANI
31 SE 5 ST 2608, MIAMI, FL, 33131
Since: 2026-04-19
View owner profile →

Est. Annual Insurance

$3,070 — $5,251
Flood $400 — $800
Property/Wind $2,670 — $4,451

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 →

Mortgages

ACTIVE
$300,000
~$282,394 bal.
GUARANTEED RATE INC · 2021-06-17
Est. Total Balance $282,394
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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