Condo in 121 NE 5th Street 1506, Miami, FL 33132 for sale with MLS# B26013348
Prime investment opportunity in Downtown Miami at 121 NE 5th St, Unit 1506. Modern residence featuring floor-to-ceiling windows, private balcony, and sleek contemporary design. Ideal for primary living, vacation use, or income-producing investment. Located steps from Miami Worldcenter, Brightline, Bayside, top dining, entertainment, and major transit hubs. Positioned in one of Miami's fastest-growing urban corridors. Short-term rentals such as Airbnb allowed (verify building guidelines), offering exceptional income potential. Strong projected demand driven by Miami's expanding tourism market and upcoming global events including the FIFA World Cup. A rare opportunity to own a flexible, high-demand asset in the heart of Miami. Short-term rentals permitted (verify current building guidelines). Strong Airbnb income potential. Prime Downtown Miami location within walking distance to Miami Worldcenter, Kaseya Center, Brightline, PortMiami, and major attractions. High projected demand driven by continued tourism growth and upcoming global events including the FIFA World Cup.
121 NE 5th Street 1506, Miami, FL 33132
- Price:
- $680,000.00
- Original List Price:
- $680,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,330.72
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Standard
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 9, 2026 6:37 pm
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 1
- Half Bath:
- 1
- Room Type:
- Kitchen, Living Room, Master Bedroom
- Rooms Total:
- 3
- Master Bedroom Bath:
- Bedroom On Entry Level
- Dining Area:
- Kitchen Dining, Dining/Living Room
- Living Area:
- 511 Sqft
- Built-Up Area:
- 511 Sqft
- Building Area Source:
- Public Records
- Living Area Source:
- Public Records
- View from the Property:
- City
- Waterfront:
- No
- Private Pool
- Swimming Pool Features:
- Pool/spa Combo
- Security:
- Fire Sprinkler System, Key Card Entry, Building Security, Fire Alarm, Building Security, Carbon Monoxide Detector(s)
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Cooktop, Freezer, Oven, Electric Cooktop
- Interior:
- Closet Cabinetry
- Windows:
- Blinds
- Laundry:
- Inside
- Air Conditioning
- Air Conditioning System:
- Electric, Central Individual
- Heating
- Heating System:
- Central Individual
- Property Entrance Faces:
- South
- Unit Description:
- Condominium Hotel
- Year Built:
- 2025
- Roof:
- Other
- Year Roof Installed:
- 2025
- Architectural Style:
- Other
- Levels:
- One
- Construction Materials:
- Other, Stucco
- Flooring:
- Tile, Ceramic Tile, Concrete
- Number of stories:
- 43
- Structure Type:
- Multi Family
- Stories:
- 43
- Foundation Details:
- Concrete Perimeter
- Property Condition:
- Resale
- Tax Annual Amount:
- $8,000.00
- Tax Year:
- 2026
- Tax Assessed Value:
- $4,200,000.00
- Association Fee:
- $893.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
- Parking Total Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Valet
- Sewer:
- Public Sewer
- Electric:
- 100 Amp Service
- Utilities Available:
- Cable Available
- Water Source:
- Public
- Association
- Association Membership:
- Mandatory
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?:
- Yes, No Restrictions
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Spa/hot Tub, Community Room, Trash Chute, Billiard Room, Management, Maintenance, Security, Fitness Center, Gated, Game Room, Manager On Site, Internet Included
- Subdivision Name:
- MIAMI
- Association Fee Includes:
- Internet, Pool Service
- Association Name:
- 501 Residences
- Senior Community:
- No
- Restrictions:
- Buyer Approval Required
- Listing Terms Considered by Seller:
- Cash, 1031 Exchange
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- MIAMI NORTH PB B-41 LOT 13 BLK 62 LESS S10FT FOR R/W LOT SIZE 7000 SQ FT M/L OR 17180-1196 0496 6
- Real Estate Folio Number (Parcel Number):
- 0141010082160
- Zoning:
- 6401
- Active on the market since:
- April 9, 2026
- Listing Agreement executed on:
- April 9, 2026
- Listing Status Last Changed On:
- April 9, 2026 6:37 pm
- Photos updated on:
- April 9, 2026 7:10 pm
- Last Modified:
- April 9, 2026 7:44 pm
- Courtesy of:
- Complete Realty Group
- Attribution:
- Not provided
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 1506
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 44.9''
- Longitude:
- W81° 48' 29.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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