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Homes for sale in Miami
Condominium

121 NE 5th St # 1813

Miami, FL 33132
$485,000
Beds
1
Baths
1 + 1 half
Sq ft
531
Year built
2025
Price per sq ft
$913

Listing courtesy of Monica Norena, Luxe Properties

About this home

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!!

Details

Property

Type
Condominium
Style
High Rise
Building
Condo-Hotel
Year built
2025
Stories
40
Building name
501 RESIDENCES
Subdivision
501 RESIDENCES
County
Miami-Dade County
View
Other View, Water View

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave
Flooring
Tile
Cooling
Central Air
Heating
Central
Features
Lobby, Fire Sprinklers, Entrance Foyer

Exterior and parking

Exterior
Open Balcony
Patio and porch
Open Balcony
Parking
Valet
Construction
Concrete Block Construction

Community and fees

Association fee
$875 monthly
Amenities
Barbecue, Bike Storage, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub, Trash Chute
Maintenance includes
All Amenities, Hot Water, Internet/WiFi, Pool Service, Security, Sewer, Trash Removal, Water
Security
Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Card Entry, Lobby Secured, TV Camera
Annual taxes
$8,329
Terms
All Cash, Conventional
Minimum lease (days)
1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 22, 2026.