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 Provided Courtesy of Luxe Properties at 305-809-7650
Property Details
Price:
$485,000
MLS #:
A12100451
Status:
Active
Beds:
1
Baths:
1.5
Type:
Condo
Subtype:
Condominium
Subdivision:
501 RESIDENCES
Neighborhood:
2410
Listed Date:
Oct 4, 2026
Finished Sq Ft:
531
Total Sq Ft:
531
Year Built:
2025
See this Listing
Schools
Elementary School:
Frederick Douglass
Middle School:
Jose De Diego
High School:
Booker T. Washington
Interior
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Air
Flooring
Tile
Heating
Central
Interior Features
Entrance Foyer
Exterior
Association Amenities
Maintenance, Pool, Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Lobby, Picnic Area, Sauna, Spa/Hot Tub, Trash Chute
Construction Materials
Block
Exterior Features
Balcony, Lighting
Green Energy Efficient
HVAC
New Construction YN
1
Parking Features
Valet
Security Features
Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Fire Sprinkler System, Key Card Entry, Lobby – Attended, Security System
View
Water, Other
Financial
HOA Fee
$875
HOA Fee Frequency
Monthly
HOA Includes
Pool Service, Hot Water, Internet, Security, Sewer, Trash, Water
Tax Year
2025
Taxes
$8,329
Map
Community
- Address121 NE 5th Street 1813 Miami FL
- Subdivision501 RESIDENCES
- CityMiami
- CountyMiami-Dade
- Zip Code33132
Market Summary
Property Summary
- Located in the 501 RESIDENCES subdivision, 121 NE 5th Street 1813 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $485,000 and features 1 beds, 2 baths, and has approximately 531 square feet of living space, and was originally constructed in 2025. The current price per square foot is $913. The average price per square foot for Condo listings in Miami is $693. The average listing price for Condo in Miami is $981,203.
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