121 NE 5th St # 1813, Miami, FL 33132

About This Home

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

Bathrooms Full

1

Bathrooms Half

1

Interior Features

Lobby, Fire Sprinklers, Entrance Foyer

Appliances

Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave

Flooring

Tile

Heating

Central

Cooling

Central Air

Architectural Style

High Rise

Garage Spaces

0

Parking Features

Other, Valet

Property Condition

New Construction

Building & Association

Building Name

501 RESIDENCES

Stories Total

40

Entry Level

18

Association

Yes

Association Fee

$875

Association Fee Frequency

Monthly

Association Amenities

Barbecue, Bike Storage, Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Heated Pool, Kitchen Facilities, Pool, Sauna, Spa/Hot Tub, Trash Chute

Security Features

Fire Sprinklers, Fire Alarm, Doorman, Elevator Secure, Card Entry, Lobby Secured, TV Camera

Lot & Construction

Lot Size Square Feet

0

Waterfront

No

View

Other View, Water View

Construction Materials

Concrete Block Construction

Exterior Features

Open Balcony

New Construction

Yes

Public Records

Parcel Number

01-41-01-008-4570

Tax Annual Amount

$8,329

Tax Year

2,025

County Or Parish

Miami-Dade County

Location