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121 5th Street 1506
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PRICED AT ONLY: $680,000

Address: 121 5th Street 1506, Miami, FL 33132

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.

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  • MLS#: B26013348 ( Residential )
  • Street Address: 121 5th Street 1506
  • Viewed: 4
  • Price: $680,000
  • Price sqft: $1,331
  • Waterfront: No
  • Year Built: 2025
  • Bldg sqft: 511
  • Bedrooms: 1
  • Total Baths: 2
  • Full Baths: 1
  • 1/2 Baths: 1
  • Days On Market: 5

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.
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Features
Building and Construction
  • Flooring: Ceramic Tile, Concrete, Tile
  • Roof: Other
Garage and Parking
  • Parking Features: Valet
Eco-Communities
  • Pool Features: Pool/Spa Combo
  • Water Source: Public
Utilities
  • Cooling: Central Individual, Electric
  • Electric: 100 Amp Service
  • Heating: Central Individual
  • Pets Allowed: No Restrictions, Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
Amenities
  • Association Amenities: Security, Maintenance, Gated, Pool, Billiard Room, Business Center, Community Room, Fitness Center, Game Room, Internet Included, Management, Manager On Site, Spa/Hot Tub, Trash Chute
Finance and Tax Information
  • Home Owners Association Fee Includes: Pool Service, Internet
  • Home Owners Association Fee: 893
  • Tax Year: 2026
Other Features
  • Appliances: Freezer, Electric Cooktop, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
  • Association Name: 501 Residences
  • Furnished: Furnished
  • Interior Features: Closet Cabinetry
  • Legal Description: MIAMI NORTH PB B-41 LOT 13 BLK 62 LESS S10FT FOR R/W LOT SIZE 7000 SQ FT M/L OR 17180-1196 0496 6
  • Levels: One
  • Parcel Number: 0141010082160
  • Style: Other
  • Unit Number: 1506
  • Zoning Code: 6401
Nearby Subdivisions
159 Ne 6th Street Condo   1800 Club   1800 Club Condo   50 Biscayne Condo   501 First Residences   501 Firt Residences Condominiu   Aria On The Bay   Aria On The Bay Condo   E11even Residences Miami   Map Of Miami Dade Co. Fl. Pb B   Marinablue Condo   Miami   Natiivo   Natiivo / Gale   Natiivo / Gale Hotel   Natiivo At The Gale Hotel   Opera Tower Condo   Paramount Miami   Paramount Miami Worldcent   Paramount Miami Worldcenter   Paramount Miami Worldcenter Co   Paramount World Center   Paramount Worldcenter   Quantum On The Bay   Quantum On The Bay Condo   Ten Museum Park   Ten Museum Pk Residential Cond   The Crosby   The Elser   The Gale/ Natiivo Residence   Venetia   Venetia Condo   Vizcayne North Condo   Vizcayne South Condo   Yotel Pad Miami  
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