121 NE 5th Street 1506, Miami, FL 33132

Miami, FL 33132
$590,000
13% from $680,000
Beds
1
Baths
2
Living Area
511 SF
Year Built
2025
$/SF
$1155
Type
Condominium
DOM
91
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About this property

1 bed · 2 bath · 511 sqft · Built 2025

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.

Property facts
Property type
Condominium
Condition
Resale
Year built
2025
Stories
43
Roof
Other
Subdivision
MIAMI
Waterfront
No
Private pool
Yes
HOA (monthly)
$893
Public records
Parcel number
0141010082160
Annual tax
$8,000

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We'll run this home through Deal Radar™ — comp tier, PITI, signal flags — and send the analysis after a brief conversation. 121 NE 5th Street 1506, Miami, FL 33132, Miami, FL.

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Listing data sourced from BeachesMLS / Trestle. All information herein is deemed reliable but is not guaranteed and should be independently verified. Information last updated 7/9/2026. Represented by Eleven Realty Partners, LLC d/b/a XI Realty · Equal Housing Opportunity.

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