$680,000

121 NE 5th St Unit 1506 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $5,165/month

Total Views 187
1 Bed
1.5 Baths
511 Sq Ft
$1,331 Price per Sq Ft

Highlights

  • Valet Parking
  • 1-minute walk to College North
  • Pool and Spa
  • Fitness Center
  • Building Security
  • Gated Community

About This Home

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.

Listing Agent

Alberto Primavesi

Complete Realty Group License #3238899 Listed on: 04/09/2026

Co-Listing Agent

Daniela Lainville

Complete Realty Group License #3261343

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 2025

Lot Details

  • South Facing Home
  • Gated Home

HOA Fees

  • $893 Monthly HOA Fees

Home Design

  • Stucco

Interior Spaces

  • 511 Sq Ft Home
  • Furnished
  • Blinds
  • Open Floorplan

Kitchen

  • Oven
  • Electric Cooktop
  • Microwave
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Home Security

Pool

  • Pool and Spa

Utilities

  • Central Heating and Cooling System
  • 100 Amp Service
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0141010082160

Community Details

Overview

  • Association fees include pool(s), internet
  • Miami Subdivision
  • Maintained Community
  • 1-Story Property

Amenities

  • Valet Parking
  • Clubhouse
  • Billiard Room
  • Business Center

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Building Details

  • Security

Security

  • Building Security
  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,000

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

HOA Fees

$893 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2025
  • Architectural Style: Other
  • Carport Y N: No
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Multi Family
  • DelayedMarketingYN: No
  • Special Features: 4098
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, Closet Cabinetry, Kitchen/Dining Combo, Living/Dining Room
  • Main Level Bedrooms: 1
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Oven, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: No
  • Flooring: Concrete, Ceramic Tile, Tile
  • Living Area: 511.0
  • Stories: 43
  • Window Features: Blinds

Exterior Features

  • View: City
  • Pool Features: Pool/Spa Combo, Association
  • Pool Private: Yes
  • View: Yes
  • Waterfront: No
  • Construction Type: Other, Stucco
  • Direction Faces: South
  • Foundation Details: Concrete Perimeter
  • Property Condition: Resale
  • Roof: Other

Garage/Parking

  • Garage Yn: No
  • Parking Features: Valet

Utilities

  • Laundry Features: Inside, Washer Dryer Install Allowed
  • Security: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Individual
  • Heating Yn: Yes
  • Electric: 100 Amp Service
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 893.0
  • Pets Allowed: Yes
  • Community Features: Gated, Property Manager On-Site
  • Senior Community: No
  • Amenities: Billiard Room, Business Center, Clubhouse, Fitness Center, Maintenance Grounds, Gated, Management, Pool, Recreation Facilities, Spa/Hot Tub, Security, Trash
  • Association Fee Frequency: Monthly
  • Association Name: 501 Residences
  • Association: Yes
  • Pets Allowed: No Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Pool(s), Internet

Lot Info

  • Parcel #: 0141010082160
  • Land Lease: No
  • Mobile Dim Units: Feet
  • Zoning: 6401

Tax Info

  • Tax Year: 2026
  • Tax Annual Amount: 8000.0

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2026 04/09/26 For Sale $680,000 -- $1,331 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: B26013348

BeachesMLS (Greater Fort Lauderdale)
Florida Miami/Dade County Miami 33132 Downtown Miami

121 NE 5th St Unit 1506, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively 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.

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Listing Agent
Alberto Primavesi
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Complete Realty Group
(305) 931-7878
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