$485,000
1 bd · 2 ba · 531 sq ft · Condominium
121 NE 5th St # 1813, Miami FL 33132
For Sale · Active listing
Est. payment $2,686/mo · Mortgage calculator
Listed by Luxe Properties / Monica Norena
Contact: 305-998-9948 (listing contact).
Shown through Slice Realty. Requests from this page reach Slice Realty / Propiedad Futura, not the listing agent.
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!!
Facts
- MLS #
- A12100451
- Subdivision
- 501 RESIDENCES
- Property type
- Residential
- Property subtype
- Condominium
- Sq. ft.
- 531
- Price per sq. ft.
- $913 / sq ft
- Year built
- 2025 (New Construction)
- Days on market
- 2
- County
- Miami-Dade County
- Date listed
- Oct 4, 2026
- Last updated
- Oct 6, 2026
Financial considerations
- HOA fee
- $875 monthly
- Taxes
- $8,329 (2025)
- HOA 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
Exterior features
- Waterfront
- No
- View
- Other View, Water View
- Construction
- Concrete Block Construction
- Additional features
- Open Balcony
Interior features
- Heating
- Central
- Cooling
- Central Air
- Appliances
- Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave
- Window features
- Clear Impact Glass
- Additional features
- Lobby, Fire Sprinklers, Entrance Foyer
Additional features
- Security
- Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Card Entry, Lobby Secured, TV Camera
Mortgage calculator
Includes principal and interest, taxes and insurance.
Rate: Freddie Mac 30-year average (2026-10-15). Estimate only.
Local context (our analysis)
Area stats are available for our covered neighborhoods. See neighborhoods.
Source: Southeast Florida MLS (SEFMLS). Last updated Oct 6, 2026, 6:15 PM ET
Listing data is deemed reliable but is not guaranteed accurate by the MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.