121 5th Street Unit 1813, Miami, FL 33132

$485,000 — Active

Property Features

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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!!

Property Details

  • Listing ID: A12100451
  • Status: Active
  • Listing Date: 2026-10-04
  • Property Type: Condominium
  • Unit / Building #: 1813
  • Subdivision: 501 RESIDENCES
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Living Area Sq Ft: 531
  • Year Built: 2025

Financial

  • List Price: $485,000
  • HOA Fee: $875/mo
  • Taxes: $8,329/yr

Features & Amenities

  • View: Other, Water
  • Pets Allowed: Yes
  • Parking: Valet
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Tile
  • Construction: Block
  • Interior Features: Entrance Foyer
  • Exterior Features: Lighting, Balcony
  • Community Amenities: Clubhouse, Elevator(s), Fitness Center, Picnic Area, Pool, Sauna, Spa/Hot Tub, Trash Chute, Bike Storage, Business Center, Heated Pool, Kitchen Facilities, Lobby, Maintenance

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© 2026 Starfish Real Estate. Listings updated Nov 10, 2026 5:00 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.