121 NE 5th Street, Miami, FL 33132
- $485,000
Description
PRIME INVESTMENT OPPORTUNITY AT 501 FIRST RESIDENCES! OWN A PIECE OF MIAMI IN THE HEART OF DOWNTOWN! Competitively priced and offered fully furnished, this 1-bedroom, 1.5-bath residence features 582 SF of thoughtfully designed living space in one of Miami’s newest short-term rental-friendly developments. ALREADY OPERATING ON SHORT-TERM RENTAL PLATFORMS with a strong reported performance history! Operating financials and rental reports available to serious buyers upon request. A fantastic opportunity for investors seeking an established rental operation rather than starting from scratch! Enjoy contemporary finishes, a modern kitchen, floor-to-ceiling windows and resort-style amenities, including a spectacular rooftop pool overlooking Miami’s skyline, fitness facilities and inviting social spaces. UNBEATABLE DOWNTOWN LOCATION near Miami Worldcenter, Kaseya Center, Brightline, Bayside Marketplace, PortMiami’s cruise terminals, shopping, dining and entertainment, with Miami International Airport approximately 5 miles away. Continue with the existing property management team or explore your preferred operator, subject to applicable requirements. COMPETITIVELY PRICED FOR ITS SIZE! FINANCIALS AVAILABLE! MOTIVATED SELLER! AN EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY. PRICED TO SELL!UPDATED PHOTO OF THE BUILDING’S RESORT AMENITIES COMING THIS WEEK! STAY TUNED!!
Address
Open on Google Maps- Address: 121 NE 5th Street
- City: Miami
- State/County: FL
- Zip/Postal Code: 33132
Details
Updated on October 5, 2026 at 12:39 am- MLS # A12100451
- Price $485,000
- Property Size 531 sqft
- Bedroom 1
- Bathrooms 2
- Garage Size x x
- Year Built 2025
- Property Status Active
- Office Name Luxe Properties
- Agent Name Monica Norena
Additional Details
- Listing Terms Cash, Conventional
- Association Fee 875.0
- Utilities Cable Available
- Cooling Central Air
- Heating Central
- Flooring Tile
- County Miami-Dade
- Property Type Residential
- Pool Association, Heated
- Parking Valet
- Elementary School Frederick Douglass
- Middle School Jose De Diego
- High School Booker T. Washington
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