Premier Brokers International
121 NE 5th Street 1813, Miami, FL 33132
ActiveMLS listing sourceMIAMI REALTORS® MLS
ActiveMLS® A12100451
$485,000

121 NE 5th Street 1813, Miami, FL 33132

Beds
1
Baths
2
Sqft
531
Est. payment$4,329/mo
Home type
Condominium
Year built
2025
Lot size
—
Price / sqft
$913
HOA
$875/mo
Community
501 RESIDENCES

Property description

PRIME INVESTMENT OPPORTUNITY AT 501 FIRST RESIDENCES! OWN A PIECE OF MIAMI IN THE HEART OF DOWNTOWN! Competitively priced and offered fully furnished, this 1-bedroom, 1.5-bath residence features 582 SF of thoughtfully designed living space in one of Miami’s newest short-term rental-friendly developments. ALREADY OPERATING ON SHORT-TERM RENTAL PLATFORMS with a strong reported performance history! Operating financials and rental reports available to serious buyers upon request. A fantastic opportunity for investors seeking an established rental operation rather than starting from scratch! Enjoy contemporary finishes, a modern kitchen, floor-to-ceiling windows and resort-style amenities, including a spectacular rooftop pool overlooking Miami’s skyline, fitness facilities and inviting social spaces. UNBEATABLE DOWNTOWN LOCATION near Miami Worldcenter, Kaseya Center, Brightline, Bayside Marketplace, PortMiami’s cruise terminals, shopping, dining and entertainment, with Miami International Airport approximately 5 miles away. Continue with the existing property management team or explore your preferred operator, subject to applicable requirements. COMPETITIVELY PRICED FOR ITS SIZE! FINANCIALS AVAILABLE! MOTIVATED SELLER! AN EXCEPTIONAL TURNKEY INVESTMENT OPPORTUNITY. PRICED TO SELL!UPDATED PHOTO OF THE BUILDING'S RESORT AMENITIES COMING THIS WEEK! STAY TUNED!!

Listing activity

Days on market
26
Listed
Oct 4, 2026
MLS listing updated
Oct 30, 2026
Feed last checked
10 minutes ago

Listed by Monica Norena · Luxe Properties

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
2
Bathrooms (decimal)
1.5
Full bathrooms
1
Half bathrooms
1

Rooms & features

Rooms
0
Interior features
Entrance Foyer
Flooring
Tile
Appliances
Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Valet
Attached garage
No

Exterior

Stories
40
Building area
531 sqft
Exterior features
Balcony, Lighting
View
Water, Other
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
2025
New construction
Yes

Materials

Construction
Block
Property condition
New Construction
Utilities & green energy

Utilities

Electric
Circuit Breakers
Utilities
Cable Available
Green features
HVAC
Community & HOA

Community

Subdivision
501 RESIDENCES
MLS area
2410
Security
Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Fire Sprinkler System, Key Card Entry, Lobby - Attended, Security System
Pets allowed
Yes
55+ community
No

Association

Has association
Yes
Association fee
$875 monthly
Estimated monthly dues
$875
Amenities
Maintenance, Pool, Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Lobby, Picnic Area, Sauna, Spa/Hot Tub, Trash Chute
Services included
Pool Service, Hot Water, Internet, Security, Sewer, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A12100451
Possession
Other
Original list price
$485,000
Parcel number
0141010084570
Annual property tax
$8,329
Tax year
2025
Tax legal description
501 FIRST RESIDENCES CONDO UNIT 1813 UNDIV 0.21929% INT IN COMMON ELEMENTS OFF REC 35067-4463
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Bike Storage, Business Center, Clubhouse, Elevator(s), Fitness Center, Heated Pool, Kitchen Facilities, Lobby, Picnic Area, Sauna, Spa/Hot Tub, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Pool Service, Hot Water, Internet, Security, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
1.5
Bathrooms Total Integer
2
Building Area Total
531
Construction Materials
Block
County Or Parish
Miami-Dade
Days On Market
26
Elementary School
Frederick Douglass
Green Energy Efficient
HVAC
High School
Booker T. Washington
List Price
485000
Listing Contract Date
2026-10-04
Living Area
531
MLSArea Major
2410
Middle Or Junior School
Jose De Diego
Mls Status
Active
On Market Date
2026-10-04
Photos Count
21
Postal Code
33132
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
0
Security Features
Closed Circuit Camera(s), Elevator Secure, Fire Alarm, Fire Sprinkler System, Key Card Entry, Lobby - Attended, Security System
Senior Community
No
Standard Status
Active
State Or Province
FL
Status Change Timestamp
2026-10-04T04:00:00Z
Stories Total
40
Subdivision Name
501 RESIDENCES
Tax Annual Amount
8329
Bathrooms Full
1
Bedrooms Total
1
Waterfront
No
Bathrooms Half
1
Financial Information: Estimated Monthly Assoc Recurring Fee
875

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Oct 4, 2026ListedMIAMI REALTORS® MLS$485,000$913/sqft

Public tax history

YearProperty taxesAssessment
2025$8,329—

Payment calculator

Estimated monthly payment$4,329/moIllustrative estimate, not a loan offer.
Principal & interest
$2,517
Property taxes
$694
Insurance
$243
Association dues
$875

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

501 RESIDENCES

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes

Similar homes

12 homes
MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Luxe Properties. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.