Property Description
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.
Property Features
Property Type: Residential - Condominium
Cooling: Electric, Central Individual
Heating: Central Individual
Roof Type: Other
Stories: 43.0
Taxes: $8,000
Year Built: 2025
Square Feet: 511
Amenities
Closet Cabinetry
Feature Descriptions
Appliances: Cooktop, Dryer, Disposal, Dishwasher, Microwave, Oven, Refrigerator, Washer, Electric Cooktop, Freezer
Association: 501 Residences
Association Amenities: Billiard Room, Fitness Center, Game Room, Management, Pool, Spa/Hot Tub, Manager On Site, Trash Chute, Business Center, Community Room, Internet Included, Gated, Security, Maintenance
Association Fee Includes: Internet, Pool Service
Exterior: Other, Stucco
Flooring: Concrete, Ceramic Tile, Tile
Furnished: Furnished
HOA Fee: $893/ Monthly
Hot Tub: Yes
Laundry: Inside
Parcel#: 0141010082160
Parking: Valet
Parking Notes: Valet
Pets Allowed: Yes, No Restrictions
Pool: Pool/Spa Combo
Security: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Key Card Entry
Sewer: Public Sewer
Special View Info: City
SQFT Living: 511
Structure Type: Multi Family
Swimming Pool: Yes
Total Rooms: 3
Utilities: Cable Available
Utilities: Cable Available
Water: Public
Windows: Blinds
Listed By / Shown By
Listed By
Agency Name: Complete Realty Group
Agency Phone: 954-477-7308
Shown By
Agency Title: Watson Realty Corp., REALTORS ® - Career
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 4,303.45 per month $3,438.45 Principal & Interest $666.67 Property Tax $198.33 Homeowner's InsuranceChange Payment Information
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121 NE 5th Street, Unit 1506 | MLS# B26013348
This condo located at 121 NE 5th Street, Unit 1506, Miami, FL 33132 is currently listed for sale with an asking price of $680,000. This property was built in 2025 and has 1 bedrooms and 1 full and 1 partial baths with 511 sq. ft. NE 5th Street, Unit 1506 is located in the MIAMI subdivision. Search MIAMI real estate on www.joinwatson.com today.