121 NE 5th Street Unit 1813, Miami, FL 33132

$485,000
1
BD
2
BA
531
SqFt

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List Price
$485,000
Status
ACTIVE
Days on Market
3
MLS#
A12100451
Subtype
Residential
New Construction
Yes
Year Built
2025
Bedrooms
1
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
531
Subdivision
501 Residences
MLS Area Major
2410

Property 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!!

Additional Information

Amenities
Bike Storage, Business Center, Clubhouse, Community Kitchen, Elevator(s), Fitness Center, Maintenance Grounds, Picnic Area, Pool, Sauna, Spa/Hot Tub, Trash
Interior Features
Bedroom on Main Level, Entrance Foyer, Living/Dining Room, Tub Shower
Exterior Features
Balcony, Lighting, Outdoor Living Area
Taxes
$8,329
HOA Fee
$875
HOA Freqency
Monthly
Pets Allowed
Yes
Pets
Yes
Flooring
Tile
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave
Heating
Central
Air Conditioning
Central Air
Exterior Construction
Block
Stories
40
Parking Features
Valet
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
View
Other, Water

Listing courtesy of Luxe Properties. Contact:

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Agent: Monica Norena | Email: monica.norena.velasquez@gmail.com