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Active - Condominium for sale

121 NE 5th St # 1813, Miami FL 33132

1 bd|1 bth + 1 half|531 sqft

Facts & features

Condominium Property type
40 days on Beycome
2025 Year built
$913 Price/Sqft.
$875/mo HOA

Why you’ll love it

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!!

Translating description...

Listings courtesy of Luxe Properties.

Listed by: Monica Norena • 305-998-9948 • Luxe Properties

Co-listed by: Luxe Properties

Source: Miami MLS, MLS#: A12100451 Miami MLS logo

Based on info available as of Nov 12, 2026 at 7:10 PM EST.

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Affordability

$315,000$655,000
1%20%
0%90%
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Estimated monthly payment

$4,022/mo

  • Mortgage$2,452
  • Property tax$694
  • HOA fee
  • Homeowners insurance
Due at closing$385,575
Down payment held in escrow$97,000
Closing costs$7,275
beycome credit Est.$9,700

Beycome estimates only. Actual amounts and terms vary by lender and location.

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$9,700 Credit back

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About 501 Residences

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This local overview has been generated by Artur AI, for informational purposes only. Please verify all details independently before relying on it.

Flood & climate risk

FEMA Flood Zone X

Outside the high-risk Special Flood Hazard Area — flood insurance is usually optional but still worth considering.

More details

Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 12, 2026 at 07:10pm EST.

$485,000 Listed price

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$9,700 Credit back

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