ActiveCondominium
121 NE 5th St # 1813, Miami FL 33132
Miami, FL 33132 · MLS #A12100451The residence
About this property
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!!
At a glance
Property details
- Property type
- Condominium
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 1
- Bathrooms
- 1.5
- Living area
- 531 sq. ft.
- Year built
- 2025
- Lot size
- 0 sq. ft.
- Subdivision
- 501 RESIDENCES
- County
- Miami-Dade County
- Days on market
- 2
- Original list price
- $485,000
- Listing date
- October 4, 2026
- Association fee
- $875 monthly
- Annual property tax
- $8,329 (2025)
- Listing agent
- Monica Norena
- Listing office
- Luxe Properties
- MLS number
- A12100451
Neighborhood & location
Explore 501 RESIDENCES
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $2,452
- Property taxes
- $694
- Homeowners insurance
- $243
- HOA
- $875
- Estimated total
- $4,264
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
Continue your search
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Listing courtesy of Luxe Properties, 305-809-7650.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.