121 NE 5th Street #1506 Miami, FL 33132
$590,000
1 Beds
1.5 Baths
511 sqft
MLS#
B26013348
Type
Condominium
Status
Active Listing
Square Footage
511
Bedrooms
1
Bathrooms
1 full | 1 half
Year Built
2025
Tax Amount
$8,000
HOA Fees
$893
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.
Cooling:Central Individual, Electric
Closet Cabinetry
per month
Principal & Interest
Property Tax
Mortage Insurance
HOA
Home Owners Insurance
Similar Properties
1500 Bay Road #1244s Miami Beach
$550,001
1500 Bay Road #364 Miami Beach
$559,000
999 SW 1st Avenue #1914 Miami
$629,000
999 SW 1st Avenue #2913 Miami
$550,000
335 S BISCAYNE BOULEVARD #3400 MIAMI
$595,000
300 S BISCAYNE BLVD #L-410 Miami
$600,000
1000 West Ave #702 Miami Beach
$609,000
1621 Bay Rd #1202 Miami Beach
$625,000
45 SW 9th St #1109 Miami
$560,000
601 NE 36th St #2203 Miami
$550,000
The source of this real property information is the copyrighted and proprietary database compilation of the Southwest Florida MLS organizations. Copyright 2026 Southwest Florida MLS organizations. All rights reserved. The accuracy of this information is not warranted or guaranteed. This information should be independently verified if any person intends to engage in a transaction in reliance upon it.
All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2026 Beaches Multiple Listing Service, Inc. All rights reserved.
The data relating to real estate for sale on this web site comes in part from the participating Associations/MLS's Miami Association of Realtors, and the Realtor Association of Greater Ft. Lauderdale.
Information is deemed reliable but not guaranteed. Copyright 2026, Miami Association of Realtors, Realtor Association of Greater Ft. Lauderdale, and the South Broward Board of Realtors. All rights reserved. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited.
Some properties that appear for sale on this limited electronic display may no longer be available. For the most current information, contact one of our agents.