121 NE 5th ST #1506, Miami, FL 33132
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121 NE 5th ST #1506, Miami, FL 33132
121 NE 5th ST #1506, Miami, FL 33132
121 NE 5th ST #1506, Miami, FL 33132
121 NE 5th ST #1506, Miami, FL 33132
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$ 680,000
Est. payment /mo
Active

121 NE 5th ST #1506 Miami, FL 33132

1 Bed

2 Baths

511 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 511 sqft

Price per Sqft $1,330

Subdivision Miami

MLS Listing ID B26013348

Style Other

Bedrooms 1

Full Baths 1

Half Baths 1

Construction Status Resale

HOA Fees $893/mo

HOA Y/N Yes

Total Fin. Sqft 511

Year Built 2025

Annual Tax Amount $8,000

Tax Year 2026

Property Sub-Type Condominium

Property 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.

Location

State FL

County Miami-dade

Community Gated, Property Manager On-Site

Area 2410

Zoning 6401

Direction South

Rooms

Main Level Bedrooms 1

Interior

Interior Features Bedroom on Main Level, Closet Cabinetry, Kitchen/Dining Combo, Living/Dining Room

Heating Central, Individual

Cooling Central Air, Electric

Flooring Concrete, Ceramic Tile, Tile

Furnishings Furnished

Fireplace No

Window Features Blinds

Appliance Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Oven, Refrigerator, Washer

Laundry Inside, Washer Dryer Install Allowed

Exterior

Parking Features Valet

Pool Pool/Spa Combo, Association

Community Features Gated, Property Manager On-Site

Utilities Available Cable Available

Amenities Available Billiard Room, Business Center, Clubhouse, Fitness Center, Maintenance Grounds, Gated, Management, Pool, Recreation Facilities, Spa/Hot Tub, Security, Trash

View Y/N Yes

Water Access Desc Public

View City

Roof Type Other

Garage No

Private Pool Yes

Building

Dwelling Type Multi Family

Faces South

Story 43

Entry Level One

Foundation Concrete Perimeter

Sewer Public Sewer

Water Public

Architectural Style Other

Level or Stories One

Structure Type Other,Stucco

New Construction No

Construction Status Resale

Others

Pets Allowed Yes

HOA Name 501 Residences

HOA Fee Include Pool(s),Internet

Senior Community No

Restrictions Buyer Approval Required

Tax ID 0141010082160

Security Features Building Security,Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Gated Community,Key Card Entry

Acceptable Financing Cash, 1031 Exchange

Membership Fee Required false

Listing Terms Cash, 1031 Exchange

Special Listing Condition Standard

Pets Allowed No Pet Restrictions, Yes

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BeachesMLS, Inc. (FLR) IDX
Listed by Alberto Primavesi Complete Realty Group

NEARBY SCHOOLS & PROPERTIES

Alex Sverdlik

Alex Sverdlik

Broker Associate | License ID: BK3503241

+1(954) 637-0841

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121 NE 5th ST #1506