31 SE 5 ST 2511, Miami, FL 33131
Parcel: 0141381132960 · Residential · Condominium - Residential · Zoning: 6408
Assessed Value (2025)
$398,396
Property Details
Beds
2
Baths
2
Living Sqft
1,117
Year Built
2006
RESIDENTIAL - TOTAL VALUE : CONDOMINIUM - RESIDENTIAL
Sales History
1
$371,000
2013-05-21
CTE INVESTMENT GROUP LLC → TRIESTE CORP
2
$372,500+0%
2020-06-30
TRIESTE CORP → ONEDO GONZALEZ
3
$477,500+28%
2021-11-30
ONEDO R HERRERA GONZALEZ → SEAN M FARD
Tax Assessment History
$398,396
Assessed (2025)
$467,076
Market Value
$347,674
Taxable Value
$7,078
Annual Tax
2024
$387,169
$492,696
2025
$398,396
$467,076
Assessed Market
View detailed table
| Year | Assessed | Market | Taxable | Tax | Building | |
|---|---|---|---|---|---|---|
| 2025 | $398,396 | $467,076 | $347,674 | $7,078 | $0 | $0 |
| 2024 | $387,169 | $492,696 | $337,169 | $6,864 | $0 | $0 |
About 31 SE 5 ST 2511, Miami, FL 33131
31 SE 5 ST 2511, Miami, FL 33131 is a 2-bedroom, 2-bathroom residential - total value : condominium - residential built in 2006 with 1,117 square feet of living space. The property is currently owned by SEAN M FARD, recorded as of 2026-03-29. The owner appears to be owner-occupied based on the mailing address matching the property address.
The most recent sale was on 2021-11-30 for $477,500, when ONEDO R HERRERA GONZALEZ sold to SEAN M FARD. The property has appreciated $105,000 (28%) since the prior sale of $372,500 on 2020-06-30. There are 3 recorded sales for this property.
The 2025 assessed value is $398,396 with a market value of $467,076. The assessed value increased 3% from $387,169 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. There are active mortgage liens totaling $392,533 recorded against this property.
31 SE 5 ST 2511, 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 2013 to 2021, with 3 recorded transactions in the public record.
The current assessed value represents 83% of the most recent sale price. Based on the most recent sale, this property traded at $427 per square foot — a key metric for comparing value across Miami's real estate market..
Est. Annual Insurance
$2,790 — $4,783
Flood $400 — $800
Property/Wind $2,390 — $3,983
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
Mortgages
ACTIVE
$414,000
FIRSTBANK PUERTO RICO · 2021-12-13
Est. Total Balance $392,533
* Estimated assuming 30-year fixed mortgage at prevailing rate at origination. Actual terms may differ.
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