Condominium
121 NE 5th St # 1813
121 NE 5th St # 1813, Miami FL 33132 Get directions
$485,000
1 Bed · 1 Bath · 531 SqFt
See estimated monthly costThis listing is courtesy of Luxe Properties. Monica Norena
Overview
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!!
Facts & features
Interior
- Living area (sq ft)
- 531
- Full bathrooms
- 1
- Half bathrooms
- 1
- Lobby
- Fire Sprinklers
- Entrance Foyer
Building & exterior
- Year built
- 2025
- Other View
- Water View
- Open Balcony
- Other
- Valet
HOA (homeowners association)
- Association fee
- $875 per month
- Pets allowed
- Yes
- Barbecue
- Bike Storage
- Business Center
- Clubhouse-Clubroom
- Elevator(s)
- Exercise Room
- Exterior Lighting
- Heated Pool
- Kitchen Facilities
- Pool
- Sauna
- Spa/Hot Tub
- Trash Chute
- Daily Rentals Allowed
- No Restrictions
- Ok To Lease
- Okay To Lease 1st Year
Taxes
- Annual tax
- $8,329
- Tax year
- 2025
- Parcel number
- 01-41-01-008-4570
Listing
- MLS number
- A12100451
- Property type
- Condominium
- Price per SqFt
- $913
- Subdivision
- 501 RESIDENCES
- On market since
- Oct 4, 2026
- Days on market
- 1
Estimated monthly cost
$4,385 per month
- Principal & interest (30 yr)
- $2,452
- Property tax
- $694
- Insurance (estimated)
- $364
- Association fee
- $875
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- RJW The Academy of Arts Sciences
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- Frederick Douglass Elementary
- Miami-Dade Online Academy
- iPrep Academy
- Primary Learning Center
- School Board Adm -Garage
- Chapman Partnership Early Childhood Center North
- Key Point Academy Downtown
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Complete Realty Group
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