121 5th Street Unit 1506, Miami, FL 33132

$545,000 — Active

Property Features

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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.

▼ Price Reduced — originally listed at $680,000

Property Details

  • Listing ID: B26013348
  • Status: Active
  • Listing Date: 2026-04-09
  • Property Type: Condominium
  • Unit / Building #: 1506
  • Subdivision: MIAMI
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Area Sq Ft: 511
  • Year Built: 2025

Financial

  • List Price: $545,000
  • Original List Price: $680,000
  • HOA Fee: $893/mo
  • Taxes: $8,000/yr

Features & Amenities

  • View: City
  • Furnished: Furnished
  • Pets Allowed: Yes, No Restrictions
  • Parking: Valet
  • Cooling: Electric, Central Individual
  • Heating: Central Individual
  • Flooring: Concrete, Ceramic Tile, Tile
  • Construction: Other, Stucco
  • Roof: Other
  • Interior Features: Closet Cabinetry
  • Community Amenities: Billiard Room, Fitness Center, Game Room, Management, Pool, Spa/Hot Tub, Manager On Site, Trash Chute, Business Center, Community Room, Internet Included, Gated, Security, Maintenance

Courtesy of Complete Realty Group
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RAPB

© 2026 Starfish Real Estate. Listings updated Nov 11, 2026 2:04 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.