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For sale
    • Price cut: $70K (7/9)
    $590,000

    121 NE 5th Street #1506, Miami, FL 33132

    1beds
    511sqft
    : 
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    Condominium
    Built in 2025
    -- sqft lot
    $571,100 Zestimate®
    $1,155/sqft
    $893/mo HOA

    What's special

    Private balconyFloor-to-ceiling windowsSleek contemporary design
    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.
    97 days
    |
    82
    |
    5
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Alberto Primavesi 305-905-6790,

    Complete Realty Group,

    Daniela Lainville 786-307-0536,

    Complete Realty Group

    Source: BeachesMLS,MLS#: B26013348MLS LogoOriginating MLS: BeachesMLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 1
      • 1/2 bathrooms: 1
      • Main level bathrooms: 1
      • Main level bedrooms: 1
      Heating
      • Central, Individual
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Cooktop, Dryer, Dishwasher, Electric Cooktop, Freezer, Disposal, Microwave, Oven, Refrigerator, Washer
      • Laundry: Inside, Washer Dryer Install Allowed
      Features
      • Bedroom on Main Level, Closet Cabinetry, Kitchen/Dining Combo, Living/Dining Room
      • Flooring: Concrete, Ceramic Tile, Tile
      • Windows: Blinds
      • Has fireplace: No
      • Furnished: Yes
      Interior area
      • Total structure area: 511
      • Total interior livable area: 511 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Valet
      Accessibility
      • Accessibility features: None
      Features
      • Levels: One
      • Stories: 1
      • Has private pool: Yes
      • Pool features: Pool/Spa Combo, Association
      • Has view: Yes
      • View description: City
      Details
      • Parcel number: 0141010082160
      • Zoning: 6401
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: Condo
      • Architectural style: Other
      • Property subtype: Condominium
      Materials
      • Other, Stucco
      • Foundation: Concrete Perimeter
      • Roof: Other
      Condition
      • Resale
      • New construction: No
      • Year built: 2025

      Utilities & green energy

      • Electric: 100 Amp Service
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Cable Available

      Community & HOA

      Community
      • Features: Gated, Property Manager On-Site
      • Security: Building Security, Carbon Monoxide Detector(s), Fire Alarm, Fire Sprinkler System, Gated Community, Key Card Entry
      • Subdivision: MIAMI
      HOA
      • Has HOA: Yes
      • Amenities included: Billiard Room, Business Center, Clubhouse, Fitness Center, Maintenance Grounds, Gated, Management, Pool, Recreation Facilities, Spa/Hot Tub, Security, Trash
      • Services included: Pool(s), Internet
      • HOA fee: $893 monthly
      • HOA name: 501 Residences
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $1,155/sqft
      • Tax assessed value: $4,200,000
      • Annual tax amount: $8,000
      • Date on market: 4/9/2026
      • Cumulative days on market: 97 days
      • Listing terms: Cash,1031 Exchange

        Estimated market value

        $571,100

        $543,000 - $600,000

        $3,427/mo

        Price history

        DateEventPrice
        7/9/2026Price change$590,000-10.6%$1,155/sqft
        Source: BeachesMLS #B26013348 Report a problem
        7/3/2026Price change$660,000-0.8%$1,292/sqft
        Source: BeachesMLS #B26013348 Report a problem
        5/5/2026Price change$665,000-1.5%$1,301/sqft
        Source: BeachesMLS #B26013348 Report a problem
        4/27/2026Price change$675,000-0.7%$1,321/sqft
        Source: BeachesMLS #B26013348 Report a problem
        4/9/2026Listed for sale$680,000$1,331/sqft
        Source: BeachesMLS #B26013348 Report a problem
        2/3/2026Listing removed$5,000$10/sqft
        Source: BeachesMLS #F10544959 Report a problem
        1/12/2026Listed for rent$5,000$10/sqft
        Source: BeachesMLS #F10544959 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        96 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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