501 First Residences Unit 1506 For Sale
Property Details
| Asking Price | $545,000 |
|---|---|
| Price per SqFt | $1,067 |
| Maintenance Fee | $893 Monthly |
| Property Taxes | $8,000 2026 |
| Interior Space | 511 SqFt |
| Beds/Baths | 1/1½ |
| Furnished | Yes |
| Year Built | 2025 |
| MLS # | B26013348 |
Location
From the listing
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.
Listed by Complete Realty Group
What It Costs to Own
Monthly, before a mortgage and insurance
Maintenance $893 a month; taxes $8,000 for 2026. MLS figures, which may not be accurate.
Sales History for This Home · 501 First Residences Unit 1506
Sales history is unavailable for this property
Listed by Complete Realty Group. Mark Zilbert of ONE Sotheby's International Realty is a cooperating (transaction) broker and helps buyers find properties in Miami and throughout South Florida.
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121 NE 5th Street 1506, Miami · MLS B26013348 · $545,000
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The curated data and calculated data for this property and its surrounding condo units and homes is based solely on data we have extracted from the MLS. There may be unpublished, private, quit claim and other property offerings and transfers that do not appear here, which may affect how a buyer or seller perceives property values. Always conduct proper due diligence when considering buying or selling property.