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$485,000
1 Day On Site

121 NE 5th St 1813
Miami, FL 33132

For Sale|Condominium|Active
1
Bed
2
Total Baths
1
Full Bath
1
Partial Bath
531
SqFt
$913
/SqFt
2025
Built
Subdivision:
501 RESIDENCES
County:
Miami-Dade
Call Now: 305-351-7766
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305-351-7766
121 NE 5th St 1813121 NE 5th St 1813121 NE 5th St 1813121 NE 5th St 1813
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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!!

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Listing Snapshot
Price 
$485,000
Days On Site 
1 Day
Bedrooms 
1
Inside Area (SqFt) 
531 sqft
Total Baths 
2
Full Baths 
1
Partial Baths 
1
Lot Size 
N/A
Year Built 
2025
MLS® Number 
A12100451
Status 
Active
Property Tax 
$8,329
HOA/Condo/Coop Fees 
$875 monthly
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 hours agoStatus changed to Active
5 hours agoListing updated with changes from the MLS®
6 hours agoPrice changed to $485,000
yesterdayListing first seen on site
General Features
Building Features 
ExteriorLighting
Green Energy Efficient 
HVAC
Number Of Stories 
40
Parking 
OtherValet
Pets 
NoYes
Property Sub Type 
Condominium
Security 
Closed Circuit Camera(s)Key Card EntryFire Sprinkler System
SqFt Total 
531
Style 
HighRise
Utilities 
Cable Available
Interior Features
Appliances 
DryerDishwasherElectric RangeElectric Water HeaterDisposalIce MakerMicrowave
Cooling 
Central Air
Flooring 
Tile
Heating 
Central
Interior 
Entrance FoyerMaster Downstairs
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Exterior Features
Construction Details 
Block
Exterior 
Balcony
Pool Features 
AssociationHeated
View 
OtherWater
Waterview 
OtherWater
Community Features
Association Amenities 
ClubhouseElevator(s)Fitness CenterBarbecuePicnic AreaPoolSaunaSpa/Hot TubTrashHot Water
Association Fee 
$875.0
Association Fee Frequency 
Monthly
MLS Area 
41
Financing Terms Available 
CashConventional
Building Access 
18
Listing courtesy of Luxe Properties

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Neighborhood & Commute
Source: Walkscore
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