121 NE 5 ST #3112, Miami, FL 33132
121 NE 5 ST #3112, Miami, FL 33132
121 NE 5 ST #3112, Miami, FL 33132
121 NE 5 ST #3112, Miami, FL 33132
121 NE 5 ST #3112, Miami, FL 33132
121 NE 5 ST #3112, Miami, FL 33132
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$ 850,000
Est. payment | /mo

2 Beds

2 Baths

757 SqFt


$ 850,000
Est. payment | /mo

2 Beds

2 Baths

757 SqFt

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 757 sqft

Price per Sqft $1,122

Subdivision 501 First Residences Condo

MLS Listing ID A12000487

Bedrooms 2

Full Baths 2

HOA Fees $1,240/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2025

Tax Year 2025

Property Sub-Type Condominium

Property Description

This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami's fastest-growing neighborhoods.

Location

State FL

County Miami-dade

Community 501 First Residences Condo

Area 59

Interior

Interior Features Bedroom on Main Level, First Floor Entry

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer

Exterior

Exterior Feature Balcony

Garage Spaces 1.0

Pool Association

Amenities Available Business Center, Fitness Center, Pool

View Y/N Yes

View Ocean, Water

Porch Balcony, Open

Garage Yes

Private Pool Yes

Building

Structure Type Block

Others

Pets Allowed No Pet Restrictions, Yes

HOA Fee Include Amenities,Common Areas,Maintenance Structure,Security

Senior Community No

Restrictions Okay to Lease 1st Year,OK To Lease

Tax ID 01-41-01-008-4450

Security Features Lobby Secured

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Listed As-Is

Pets Allowed No Pet Restrictions, Yes

Virtual Tour https://www.propertypanorama.com/instaview/mia/A12000487

Miami Association of Realtors (SEFMIAMI MLS)
Listed by IRG

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121 NE 5 ST #3112