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121 5th St 1813, Miami, FL
Offering:
For Sale
Location:
Miami, FL 33132
Subdivision:
501 RESIDENCES
Status:
Active
$485,000
Deemed reliable but not guaranteed.
Details
Year built:
2025
Style:
High Rise
Days on market:
2
Association fee:
$875 / Monthly
Annual tax (2025):
$8,329
Type:
Condo
MLS ID
A12100451
Virtual tour:
Listed by:
Luxe Properties (LMPR01)
Listing office phone:
305-809-7650
Listing office email:
Listing agent:
Monica Norena (3539498)
Features
Association
Amenities:
Bike Storage, Business Center, Clubhouse, Community Kitchen, Elevators, Fitness Center, Barbecue, Picnic Area, Pool, Sauna, Spa Hot Tub, Trash
Fee includes:
Amenities, Hot Water, Internet, Pools, Sewer, Security, Trash, Water
Pets
Allowed:
yes
Utilities
Available:
Cable Available
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!!
Price history
$485,000 → $485,000
· 1 price changes
Location
121 NE 5th St 1813Miami, FL 33132
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MLS information
Last updated Oct 6, 2026
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
