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121 NE 5th Street Unit 1506, Miami, Florida 33132

Active For Sale
$660,000
  • Beds 1
  • Baths 2
  • Sq Ft 511 Sqft
  • Visits: 9 in 102 days

Description

Prime investment opportunity in Downtown Miami at 121 NE 5th St, Unit 1506. Modern residence featuring floor-to-ceiling windows, private balcony, and sleek contemporary design. Ideal for primary living, vacation use, or income-producing investment. Located steps from Miami Worldcenter, Brightline, Bayside, top dining, entertainment, and major transit hubs. Positioned in one of Miami’s fastest-growing urban corridors. Short-term rentals such as Airbnb allowed (verify building guidelines), offering exceptional income potential. Strong projected demand driven by Miami’s expanding tourism market and upcoming global events including the FIFA World Cup. A rare opportunity to own a flexible, high-demand asset in the heart of Miami. Short-term rentals permitted (verify current building guidelines). Strong Airbnb income potential. Prime Downtown Miami location within walking distance to Miami Worldcenter, Kaseya Center, Brightline, PortMiami, and major attractions. High projected demand driven by continued tourism growth and upcoming global events including the FIFA World Cup.

Features

  • Swimming Pool: Pool, Association, Community, Pool/Spa Combo
  • Heating System: Central
  • Cooling System: Electric, Central Air
  • Parking: Valet

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Self Cleaning Oven, Washer, Disposal, Built-In Oven

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: MIAMI
  • Zipcode: 33132
  • Street: 5th
  • Street Number: 121
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 48' 29.6''
  • Latitude: N25° 46' 44.7''
  • UnitNumber: 1506
  • Street Dir Prefix: NE

MLS Addon

  • Architectural Style: Other, One Story
  • Association Amenities: Clubhouse, Fitness Center, Pool, Business Center, Spa/Hot Tub, Trash, Billiard Room, Controlled Access, Management, Maintenance, Security
  • Association Fee: $893
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Internet, Pool(s), Security, Association Management
  • Close Price: $0
  • Flooring: Ceramic Tile, Tile, Concrete
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Living/Dining Room, Closet Cabinetry, Main Living Area Entry Level, Kitchen/Dining Combo
  • Lot Features: Buyer Approval Required
  • New Taxes Expense: $0
  • Spa Features: Community, Hot Tub
  • Stories: 1
  • Stories Total: 43
  • Tax Annual Amount: $8,000
  • Utilities: Cable Available
  • Window Features: Blinds

Location

Listing Updated: 2026-07-07 06:45:25

  • Parent : 121:NE:5th:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : B26013348
  • Price : $660,000
  • View : Lake
  • Bedrooms : 1
  • Bathrooms : 2
  • Full Bathrooms : 1
  • Half Bathrooms : 1
  • Square Footage : 511 Sqft
  • Year Built : 2025
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 101
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