121 NE 5th Street Unit 1813, Miami, FL 33132

$485,000
1
BD
2
BA
531
SqFt

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List Price
$485,000
MLS#
A12100451
Bedrooms
1
Bathrooms
2
Baths Half
1
Sq. Ft
531
Subtype
Condominium
County
Miami-Dade
Subdivision
501 Residences
Region
2410
Year Built
2025

Property 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!!

Additional Information

Hoa Fee
$875
Hoa Freq
Monthly
Heating
Central
Cooling
Central Air
Exterior Features
Balcony, Lighting, Outdoor Living Area
Flooring
Tile
Construction
Block
Living Area
531
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
Pets Allowed
Yes

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Listing courtesy of Luxe Properties. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Monica Norena | Email: monica.norena.velasquez@gmail.com