FLORIDA LUXReal Estate

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

$485,0001 Beds2 Baths531 Sq. Ft.$913 / sq. ft.

Miami, FL 33132 · MLS# A12100451 · Active · 501 RESIDENCES

Status
Active
Type
Condominium
Year Built
2025
Days on Market
0
MLS #
A12100451
County
Miami-Dade County

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

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!!

Property Details for 121 NE 5th St # 1813, Miami, FL 33132

Bathrooms Full
1
Bathrooms Half
1
Interior Features
Lobby, Fire Sprinklers, Entrance Foyer
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave
Flooring
Tile
Heating
Central
Cooling
Central Air
Architectural Style
High Rise
Garage Spaces
0
Parking Features
Other, Valet
Pool Private
No
Year Built Details
New Construction
Property Condition
New Construction

Building Information for 121 NE 5th St # 1813, Miami, FL 33132

Building Name
501 RESIDENCES
Building Area Total
531
Building Area Units
Square Feet
Stories Total
40
Entry Level
18
Association
Yes
Association Fee
$875
Association Fee Frequency
Monthly
Association 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
Security Features
Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Card Entry, Lobby Secured, TV Camera

Property Information for 121 NE 5th St # 1813, Miami, FL 33132

Lot Size Square Feet
0
Waterfront
No
View
Other View, Water View
Construction Materials
Concrete Block Construction
Exterior Features
Open Balcony
New Construction
Yes

Public Records for 121 NE 5th St # 1813, Miami, FL 33132

Parcel Number
01-41-01-008-4570
Tax Annual Amount
$8,329
Tax Year
2,025
Tax Legal Description
501 FIRST RESIDENCES CONDO UNIT 1813 UNDIV 0.21929% INT IN COMMON ELEMENTS OFF REC 35067-4463
County Or Parish
Miami-Dade County

Payment Calculator

Estimated Payment
$4,264/mo
Principal & Interest
$2,452
Property Taxes
$694
Home Insurance
$243
HOA Dues
$875

Estimate only — actual rates, taxes and insurance vary. Not a loan offer or financial advice. Financing through Matthew Gromadzki, NMLS #2560919 · Innovative Mortgage Services, Inc., NMLS #250769.

Location

121 NE 5th St # 1813, Miami, FL 33132 · See all Miami condos for sale

Courtesy of Luxe Properties

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More information about 121 NE 5th St # 1813, Miami, FL 33132

121 NE 5th St # 1813 is a condo for sale in Miami, FL 33132. This property was listed for sale on October 4, 2026 by Luxe Properties, it's currently listed at $485,000. This listing's school district is Miami-Dade County Public Schools. 121 NE 5th St # 1813 is a 1-bed, 2-bath, 531 sqft condo built in 2025.