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121 NE 5th Street Unit 1813, Miami, Florida 33132

Active For Sale
$485,000
  • Beds 1
  • Baths 2
  • Sq Ft 531 Sqft
  • Visits: 7 in 19 days

Description

PRIME INVESTMENT OPPORTUNITY AT 501 FIRST RESIDENCES! OWN A PIECE OF MIAMI IN THE HEART OF DOWNTOWN! Competitively priced and offered fully furnished, this 1-bedroom, 1.5-bath residence features 582 SF of thoughtfully designed living space in one of Miami’s newest short-term rental-friendly developments. ALREADY OPERATING ON SHORT-TERM RENTAL PLATFORMS with a strong reported performance history! Operating financials and rental reports available to serious buyers upon request. A fantastic opportunity for investors seeking an established rental operation rather than starting from scratch! Enjoy contemporary finishes, a modern kitchen, floor-to-ceiling windows and resort-style amenities, including a spectacular rooftop pool overlooking Miami’s skyline, fitness facilities and inviting social spaces. UNBEATABLE DOWNTOWN LOCATION near Miami Worldcenter, Kaseya Center, Brightline, Bayside Marketplace, PortMiami’s cruise terminals, shopping, dining and entertainment, with Miami International Airport approximately 5 miles away. Continue with the existing property management team or explore your preferred operator, subject to applicable requirements. COMPETITIVELY PRICED FOR ITS SIZE! FINANCIALS AVAILABLE! MOTIVATED SELLER! AN EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY. PRICED TO SELL!UPDATED PHOTO OF THE BUILDING’S RESORT AMENITIES COMING THIS WEEK! STAY TUNED!!

Features

  • Swimming Pool: Heated, Association
  • Heating System: Central
  • Cooling System: Central Air
  • Patio: Balcony, Open
  • Parking: Valet

Appliances

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Electric Water Heater, Disposal, Ice Maker

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 RESIDENCES
  • Zipcode: 33132
  • Street: 5th
  • Street Number: 121
  • Street Suffix: Street
  • Floor Number: 0
  • Longitude: W81° 48' 29.5''
  • Latitude: N25° 46' 45.6''
  • UnitNumber: 1813
  • Street Dir Prefix: NE
  • MLS Area: 2410

MLS Addon

  • Association Amenities: Clubhouse, Elevator(s), Fitness Center, Pool, Sauna, Community Kitchen, Business Center, Picnic Area, Spa/Hot Tub, Trash, Bike Storage, Maintenance Grounds
  • Association Fee: $875
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Internet, Pool(s), Sewer, Security, Trash, Water, Hot Water
  • Carport Spaces:
  • Close Date:
  • Close Price: $0
  • Elementary School: Frederick Douglass
  • Exterior Features: Balcony, Lighting, Outdoor Living Area
  • Fireplaces Total: 0
  • Flooring: Tile
  • Garage Spaces: 0
  • High School: Booker T. Washington
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, Living/Dining Room, Entrance Foyer, Tub Shower
  • Middle Or Junior School: Jose De Diego
  • New Taxes Expense: $0
  • Stories: 0
  • Stories Total: 40
  • Tax Annual Amount: $8,329
  • Utilities: Cable Available

Location

Listing Updated: 2026-10-09 12:31:21

  • Parent : 121:NE:5th:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12100451
  • Price : $485,000
  • View : Ocean, Other, Water
  • Bedrooms : 1
  • Bathrooms : 2
  • Full Bathrooms : 1
  • Half Bathrooms : 1
  • Square Footage : 531 Sqft
  • Year Built : 2025
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 18
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