121 NE 5th Street 1813, Miami, FL 33132

New Listing
$485,000
Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 531 Status: Active
Current Price: $485,000 List Date: 10/04/2026 Last Modified: 10/06/2026

Overview

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 Internati ...

Listing Details MLS# A12100451

General Property Information

Unit Floor #
18
Property Sub Type
Condominium
Bedrooms Total
Yes
Bathrooms Total
2
Bathrooms Full
Yes
Bathrooms Half
Yes
Building Area Main
531
Living Area Main
531
Adjusted Area Main
531
Year Built
2025
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories Total
40

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Hot Water; Internet; Pool Service; Security; Sewer; Trash; Water Dining Area: Dining/Living Room Electric: Circuit Breakers Exterior Features: Lighting Flooring: Tile Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed Parking Features: Valet Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave Water Heater Details: Electric Water Heater Construction Materials: Block Cooling: Central Air Association Type: Condominium Green Energy Efficient: HVAC Heating: Central Interior Features: Entrance Foyer Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Other Restrictions: No Restrictions Security Features: Closed Circuit Camera(s); Elevator Secure; Fire Alarm; Fire Sprinkler System; Key Card Entry; Lobby - Attended; Security System Special Information: Sold As-Is Tax Information: New Construction Unit Description: High Rise Utilities: Cable Available View: Water; Other Showing Requirements: Appointment Only; Call Listing Agent; Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN
No
Original List Price
485000
Occupant Type
Call Listing Agent

Location and Legal

Country
United States
County Or Parish
Miami-Dade
County Parish Name
Miami-Dade
Street Number
121
Street Direction Prefix
NE
Street Name
5th
Street Suffix
Street
Unit Number
1813
City Name
Miami
Municipal Code
Yes
State Or Province
FL
Postal Code
33132
Postal Code +4
2625
Postal Zip
33132
Subdivision Name
501 RESIDENCES
Area
2410
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141010084570
Subdivision Number
8

Financial Information

Association YN
Yes
Association Fee
875
Association Fee Frequency
Monthly
Application Required YN
Yes
Estimated Monthly Assoc Recurring Fee
875
Membership Fee Required YN
No
Tax Annual Amount
8329
Tax Year
2025
Tax Legal Description
501 FIRST RESIDENCES CONDO UNIT 1813 UNDIV 0.21929% INT IN COMMON ELEMENTS OFF REC 35067-4463

Status Change Information

Major Change Timestamp
2026-10-04T04:00:00Z
Major Change Type
New Listing
Status Change Date
2026-10-04

More Information

Application Fee Details

Application Fee Required
Yes
Application Fee
100

Leasing Permitted Details

Leasing Permitted YN
Yes

Leasing Restrictions

Leasing - Max Times Per Year
365
Leasing - Minimum Number of Days
Yes

Price Calculations

Current Price To SqFt
913.37

Section Details

Parcel Number MLX
4570

Originating Details

Originating System Key
565810592
Originating System ID
M00000151
IDX
Listing Office: Luxe Properties
Source MLS Verified
Last Updated: October - 06 - 2026
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