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
...
(Read more)
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!!
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
Listing Office:
Luxe Properties

Last Updated: October - 06 - 2026
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