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.
Details
| List Price: | $590,000 |
|---|---|
| Unit: | # 1506 |
| Address: | 121 5th #1506 Miami FL 33132 |
| Bedrooms: | 1 |
| Bathrooms: | 1.5 |
| Living Area (f2): | 511 |
| Living Area (M2): | 47 |
| Year Built: | 2025 |
| Waterfront: | n/a |
|---|---|
| Taxes: | $8,000 (2026) |
| Association Fee: | $893 (Monthly) |
| Complex: | |
| Days On Market: | 101 days |
| Pets Allowed: | No: Yes |
| Parking Spaces: | |
| Parking Features: | Valet |
Property Amenities
Building Amenities
- Billiard Room
- Business Center
- Gated
- Community Room
- Community Pool
- Exercise Room
- Maintained Community
- Management On Site
- Pool
- Pool Table
- Private Pool
- Security Patrol
- Spa/Hot Tub
- Trash Chute
Appliances
- Dishwasher
- Disposal
- Dryer
- Microwave
- Refrigerator
- Self Cleaning Oven
- Wall Oven
- Washer
Interior Features
- Closet Cabinetry
- Fire Sprinklers
Security Features
- Smoke Alarm
- Fire Sprinkler System
- Fire Sprinklers
- Fire Alarm
- Key Card Entry
- Building Security
- Card Entry
- Key/Card Entry Parking
