121 NE 5th Street 2708, Miami, FL 33132
Listing Snapshot
| List Price | $605,000 |
| Price / Sq Ft | $1,131 |
| Beds | 1 |
| Baths | 1 |
| Living Area | 535 sqft |
| Year Built | 2025 |
| Property Tax | $0/yr |
| HOA / Condo Fee | $877 / monthly |
| MLS # | 1186255266 |
| Status | Active |
About This Home
Turnkey corner 1BR/1BA at 501 First Residences, Miami Worldcenter — a building with NO rental restrictions, where daily Airbnb/short-term rentals are fully permitted. Sold fully furnished and completely turnkey: start renting the day after closing. Currently a successful, income-producing short-term rental built to cover its own carrying costs. Corner unit with a wraparound balcony and city + bay views, full modern kitchen, in-unit washer/dryer, and central A/C. Building offers a rooftop pool + hot tub, fitness center, co-working spaces, resident lounges, BBQ terrace, and secure controlled-access entry. Steps to Metromover/Metrorail; 5 min to Brickell, 10 to Miami Beach, 15 to MIA. A rare, legally short-term-rentable condo in Downtown Miami.
General Features
- Property Type
- Residential
- Sub-type
- Condominium
- Stories
- 40
- Parking
- OnStreet,Valet
- Security
- SecuritySystem,FireAlarm,FireSprinklerSystem,KeyCardEntry,SmokeDetectors,SecurityGuard
- Subdivision
- 501 First Residences
Interior Features
- Appliances
- Dryer,Dishwasher,IceMaker,Microwave,Refrigerator,TrashCompactor,Washer
- Flooring
- Vinyl
- Heating
- Central
- Cooling
- CentralAir
- Interior Features
- ClosetCabinetry,Elevator,LivingDiningRoom,SeparateShower
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony,OutdoorLivingArea
- Patio / Porch
- Open,Balcony
- Pool Features
- Association
- View
- Bay,City,Water
- Waterfront
- Yes
- Waterfront Features
- Bayfront
Community Features
- Community Features
- HomeOwnersAssociation
- Association Amenities
- Clubhouse,CommunityKitchen,Elevators,FitnessCenter,MaintenanceGrounds,PicnicArea,Pool,Sauna
- Association Dues
- $877 / monthly
- MLS Area
- 2410
Schools
Map
MLS# 1186255266 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
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Estimate Your Payment
20% down · Loan: $484,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.