121 NE 5th Street #1506
Miami, FL 33132
1
Bed
2
Bath
511Sqft
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 guidelin
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 1Bathroom Information
Total Baths: 2 Full Baths: 1 Half Baths: 1Room Information
Rooms Total: 3Roofing Information
OtherFlooring Information
Concrete, CeramicTile, Tile -
Interior Features
BedroomOnMainLevel, ClosetCabinetry, KitchenDiningCombo, LivingDiningRoomRoof: OtherAppliances: Cooktop, Dryer, Dishwasher, ElectricCooktop, Freezer, Disposal, Microwave, Oven, Refrigerator, WasherLaundry Features: Inside, WasherDryerInstallAllowedWindow Features: Blinds -
Heating & Cooling
Has Heating: Yes Heating: Central, Individual Has Cooling: Yes Cooling: CentralAir, Electric
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Building Information
Year Built: 2025Building Area Total: 511Construction Materials: Other, StuccoStories: 1Pool Features: PoolSpaCombo, AssociationPrivate Pool: YesView: CityAssociation Fee Frequency: Monthly
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Listing Price Information
Listing Price: $590000Original Price: $680000Cash, Exchange1031
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Tax Information
Parcel Number: 0141010082160 Tax Year: 2026 Annual Tax: $8000 Tax Legal Desc: 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
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Virtual Tour
Parking Information
ValetGarage Information
Pets Allowed: NoPetRestrictions, YesHomeowners Association Information
Has Association: YesIncluded Fees: Pools, InternetHOA: $893.00Association Amenities: BilliardRoom, BusinessCenter, Clubhouse, FitnessCenter, MaintenanceGrounds, Gated, Management, Pool, RecreationFacilities, SpaHotTub, Security, TrashCommunity Features: Gated, PropertyManagerOnSite
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Utility Information
CableAvailable -
Location Information
WaterSource: Public Security Features: BuildingSecurity,CarbonMonoxideDetectors,FireAlarm,FireSprinklerSystem,GatedCommunity,KeyCardEntry
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 398 NE 5th Street #2118, Miami, FL, 33132 | $1,190,000 | 3 | 3 | 1,135 | 1,135 SqFt |
| 851 NE 1st Ave #7, Miami, FL, 33132 | $200,000 | 1 | 1 | -- | |
| 851 NE 1st Avenue #2606, Miami, FL, 33132 | $768,000 | 1 | 2 | 1,173 | 1,173 SqFt |
| 888 Biscayne Blvd #4001, Miami, FL, 33132 | $740,000 | 2 | 2 | 1,315 | 1,315 SqFt |
| 1837 NE 4th Ave #1414, Miami, FL, 33132 | $734,845 | 1 | 1 | -- | |
| 244 Biscayne Blvd #908, Miami, FL, 33132 | $480,000 | 2 | 2 | 1,006 | 1,006 SqFt |
| 1900 N Bayshore Drive #.., Miami, FL, 33132 | $329,000 | -- | 1 | 594 | 594 SqFt |
| 1600 NE 1st Ave #2508, Miami, FL, 33132 | $474,900 | 2 | 2 | 882 | 882 SqFt |
| 11 NE 6th Street #2507, Miami, FL, 33132 | $835,000 | 2 | 2 | 39,228 | 39,228 SqFt |
| 398 NE 5th Street #2017, Miami, FL, 33132 | $1,150,000 | 3 | 3 | 1,043 | 1,043 SqFt |
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Nearby For Sale
The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.
ByOwner last updated this listing 07/22/2026 @ 22:50
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