$590,00091 days on marketActive

121 NE 5th Street 1506, Miami, FL 33132

Miami, FL 33132

Beds

1.5

Baths

511

Sq Ft

$1,155

$/Sq Ft

2025

Year Built

0 acres

Lot Size

Listing Snapshot

List Price	$590,000
Price / Sq Ft	$1,155
Beds	1
Baths	1.5
Living Area	511 sqft
Lot Size	0 acres

Year Built	2025
Property Tax	$8,000/yr
HOA / Condo Fee	$893 / monthly
MLS #	1157092257
Status	Active
Days on Market	91

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.

General Features

Property Type: Residential
Sub-type: Condominium
Style: Other
Stories: 43
Direction Faces: South
Parking: Valet
Foundation: ConcretePerimeter
Zoning: 6401
Security: BuildingSecurity,CarbonMonoxideDetectors,FireAlarm,FireSprinklerSystem,GatedCommunity,KeyCardEntry
Utilities: CableAvailable
Subdivision: MIAMI

Interior Features

Appliances: Cooktop,Dryer,Dishwasher,ElectricCooktop,Freezer,Disposal,Microwave,Oven,Refrigerator,Washer
Flooring: Concrete,CeramicTile,Tile
Heating: Central,Individual
Cooling: CentralAir,Electric
Interior Features: BedroomOnMainLevel,ClosetCabinetry,KitchenDiningCombo,LivingDiningRoom
Laundry: Inside,WasherDryerInstallAllowed
Window Features: Blinds
Furnished: Furnished

Exterior Features

Construction: Other,Stucco
Roof: Other
Pool: Yes
Pool Features: PoolSpaCombo,Association
View: City
Waterfront: No

Community Features

Community Features: Gated,PropertyManagerOnSite
Association Amenities: BilliardRoom,BusinessCenter,Clubhouse,FitnessCenter,MaintenanceGrounds,Gated,Management,Pool,RecreationFacilities,SpaHotTub,Security,Trash
Association Dues: $893 / monthly
MLS Area: 2410