121 NE 5th Street 1506 Miami FL 33132

Address
121 Ne 5th Street 1506, Miami, FL
Price
$ 665,000
Property Attributes
  • MLS#B26013348
  • TypeCondos
  • Listing Status Active
  • CountyMiami-Dade
  • CityMiami
  • Area2410
  • NeighborhoodMIAMI
  • Zip33132
  • Style
  • Year Built2025
  • Taxes$ 8000
  • Price$ 665,000
  • Bedrooms1
  • Full Bathrooms1
  • Half Bathrooms1
  • Sqr Footage511
Data Source:
Beaches MLS (FL)
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.

Price History
4/9/2026 Listed $680,000
4/27/2026 1$675,000
5/5/2026 1$665,000

General Features

Sewer Public Sewer
Heating Central,Individual
Cooling Central Air,Electric
Utilities Cable Available
Possession Close Of Escrow
Roof Other
Appliances Cooktop,Dryer,Dishwasher,Electric Cooktop,Freezer,Disposal,Microwave,Oven,Refrigerator,Washer
HOA Fee 893
Association Fee Includes Pool(s),Internet
Architectural Style Other
Pool Features Pool/Spa Combo,Association
Security Features Building Security,Carbon Monoxide Detector(s),Fire Alarm,Fire Sprinkler System,Gated Community,Key Card Entry
Construction Materials Other,Stucco
Pets Allowed No Pet Restrictions,Yes
Year Built 2025
Electric 100 Amp Service
View City
Stories Count 1
Levels One
Unit Number 1506
Property Subtype Condominium
Tax Year 2026
Community Features Gated,Property Manager On-Site
Accessibility None
Assoc Fee Paid Per Monthly
County Miami-Dade
New Construction false
Property Type Residential
Association Amenities Billiard Room,Business Center,Clubhouse,Fitness Center,Maintenance Grounds,Gated,Management,Pool,Recreation Facilities,Spa/Hot Tub,Security,Trash
Subdivision Name MIAMI
Facing Direction South
Garage Y/N false
Full Baths 1
Status Active
City Miami
Senior Community Y/N false
MLS Area 2410
Carport Y/N false
Land Lease Y/N false
Tax Annual Amount 8000
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/121-NE-5th-Street-Unit-1506-Miami-FL-33132/unbranded
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Condominium
PostalCity Miami
Legal Description 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

Interior Features

Interior Amenities Bedroom on Main Level,Closet Cabinetry,Kitchen/Dining Combo,Living/Dining Room
Flooring Concrete,Ceramic Tile,Tile
Furnished Y/N Furnished
Total Stories 43
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds
Fireplace Y/N false
Half Baths 1
Laundry Features Inside,Washer Dryer Install Allowed
Total Bedrooms 1
Entry Level 15
Main Level Bedrooms 1
Main Level Bathrooms 1
Total Baths 2

Exterior Features

Parking Features Valet
Water Source Public
Foundation Details Concrete Perimeter
Building Area Total 511
Waterfront Y/N false

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Pets
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Condos Average in 33132

Price
AVG $1.38M
$670K
Taxes
AVG $15,099
$8,000
Year Built
AVG 2015
2025

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