About This Home

This 1-bedroom, 2-bathroom condo at 121 NE 5th St #1813 in Miami, FL is listed for $485,000 ($913 per sqft). Built in 2025, the home offers 531 sqft of living space on a N/A lot.

Key Features

  • Built in 2025

Property Details

1 full, 1 half
#1813
2025

Amenities

ViewA/C
Listing 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!!

Monthly Cost Estimate

$3,469/mo

20% down · 6.5% · 30 years

Principal$351
Interest$2,102
Insurance$141
HOA$875

Estimates only. Actual payments may vary.

Location

121 NE 5th St #1813

Miami, FL 33132

501 RESIDENCES

Features & Amenities

Interior Features

Bedroom on Main LevelEntrance FoyerLiving/Dining RoomTub Shower

Exterior Features

Balcony

Property Details

Flooring

Tile

Construction

Block

Views

Water

Parking

Valet

Heating

Central

Cooling

Central Air

Appliances

DryerDishwasherElectric RangeElectric Water HeaterDisposalIce MakerMicrowave

Questions & Answers

This 1-bedroom, 2-bathroom condo at 121 NE 5th St is listed at $485,000 ($913/sqft). The estimated monthly payment is $3,468 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $875/month.

Key features include: Built in 2025. Interior Features: Bedroom on Main Level, Entrance Foyer, Living/Dining Room. Exterior Features: Balcony.

This property is listed by Monica Norena.

MN

Monica Norena

License 3539498

Agent at LUXE Properties LLC

Listed by LUXE Properties LLC · Broker phone: (305) 809-7650 · View on Broker Site · Broker website

MLS# A12100451· Source: Miami REALTORS®· 2 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 NE 5th St #1813, Miami, FL 33132

Open this listing in: