121 NE 5th Street Unit 1813, Miami, FL 33132

$485,000
1
BD
2
BA
531
SqFt

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List Price
$485,000
Days on Market
0
MLS#
A12100451
Bedrooms
1
Full Bathrooms
1
Half Bathrooms
1
Sq. Ft
531
Subtype
Condominium
County
Miami-Dade
Subdivision
501 Residences
Year Built
2025

Property 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!!

Additional Information

Hoa
Yes
Hoa Amount
875
Pets Allowed
Yes
Construction
Block
Cooling
Central Air
Flooring
Tile
Heating
Central
Restrict
NoRestrictions, OkayToLease1stYear, OkToLease, ShortTermRentalsAllowed
Security
Security System, Closed Circuit Camera(s), Elevator Secured, Fire Alarm, Fire Sprinkler System, Key Card Entry, Lobby Secured
Taxes
$8,329
Utilities
Cable Available
View
Other, Water
Amenities
Bike Storage, Business Center, Clubhouse, Community Kitchen, Elevator(s), Fitness Center, Maintenance Grounds, Picnic Area, Pool, Sauna, Spa/Hot Tub, Trash
Stories
40
Price Per Sqft
$913
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington

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Listing courtesy of Luxe Properties. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Monica Norena | Email: monica.norena.velasquez@gmail.com