Basic Information

  • MLS # B26013348
  • Type Condominiums
  • Subdivision/Complex 501 FIRST Residences
  • Year Built 2025
  • Total Sqft 511
  • Date Listed 04/09/2026
  • Days on Market 26
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.

Amenities

  • Billiard Room
  • Business Center
  • Clubhouse
  • Fitness Center
  • Maintenance Grounds
  • Gated
  • Management
  • Pool
  • Recreation Facilities
  • Spa Hot Tub
  • Security
  • Trash

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool Yes
  • Parking Description Valet

Interior Features

  • Adjusted Sqft 511Sq.Ft
  • Interior Features Bedroom On Main Level, Closet Cabinetry, Kitchen Dining Combo, Living Dining Room
  • Sqft 511 Sq.Ft

Property Features

  • Aprox. Lot Size 511
  • Furnished Info Yes
  • Short Sale Regular Sale
  • HOA Fees $893
  • Subdivision Complex 501 FIRST Residences
  • Subdivision Info 501 FIRST Residences
  • Tax Amount $8,000
  • Tax Year 2026

121 NE 5th #1506

Miami, FL 33132

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