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Offered at $545,000Active
beds
1
baths
2
sq ft
511
Built
2025

121 NE 5th Street #1506

Miami, FL 33132

About this home

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.

Listing last checked: Listing updated:

Listed by Alberto Primavesi, Daniela Lainville · Complete Realty Group · MLS #B26013348

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Details at a glance

Interior4 property facts
Rooms
3
Heating
Central
Cooling
Central Air, Electric
Flooring
Concrete, Ceramic Tile, Tile
Building5 property facts
Style
Condominium
Year built
2025
Parking
0
Foundation
Concrete Perimeter
Roof
Other
Land & utilities4 property facts
Lot size
0 acres
Water
Public
Sewer
Public Sewer
Zoning
6401
Financial3 property facts
Annual taxes
$8,000
Assessment year
2026
HOA fee
$893 (billing period not supplied)

Location

Estimated monthly cost

Explore costs at the $545,000 asking price. Adjust the assumptions to your situation.

Known monthly costs$3,422 / monthAdjust
Principal & interest
$2,756
Property tax
$667
Insurance
Not entered
HOA
Not entered

Listing annual taxes: $8,000. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $893. The billing period was not supplied; confirm the monthly amount before adding it.

Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.

The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.

More property insights

Comparable properties 1 supplied

Sold Jul 2, 2026

$550,000

700 NE 26th Terrace #804

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About 121 NE 5th Street #1506

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