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.
Property Details
Price:
$590,000
MLS #:
B26013348
Status:
Active
Beds:
1
Baths:
1.5
Type:
Condo
Subtype:
Condominium
Subdivision:
MIAMI
Neighborhood:
2410
Listed Date:
Apr 9, 2026
Finished Sq Ft:
511
Total Sq Ft:
511
Year Built:
2025
Schools
Interior
Appliances
Freezer, Electric Cooktop, Cooktop, Dishwasher, Disposal, Dryer, Microwave, Oven, Refrigerator, Washer
Bathrooms
1 Full Bathroom, 1 Half Bathroom
Cooling
Central Individual, Electric
Flooring
Ceramic Tile, Concrete, Tile
Heating
Central Individual
Interior Features
Closet Cabinetry
Laundry Features
Inside
Levels
One
Main Level Bathrooms
1
Main Level Bedrooms
1
Exterior
Architectural Style
Other
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
Construction Materials
Stucco, Other
Direction Faces
South
Parking Features
Valet
Roof
Other
Security Features
Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Key Card Entry
Stories
43
View
City
Window Features
Blinds
Financial
HOA Fee
$893
HOA Fee Frequency
Monthly
HOA Includes
Pool Service, Internet
HOA Name
501 Residences
Tax Year
2026
Taxes
$8,000
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121 NE 5th Street 1506
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