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Adam Silver - LPT Realty
121 Ne 5th St Unit #1813, Miami, FL 33132
- $485,000
- 1
- BD
- 2
- BA
- 531
- SqFt
- List Price
- $485,000
- MLS#
- A12100451
- Complex Name
- 501 Residences
- Status
- ACTIVE
- Type
- Condo
- Bedrooms
- 1
- Full baths
- 1
- Half baths
- 1
- Living Area
- 531
Property Description
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!!
Additional Information
- Days on Market
- 1
- Interior Features
- Lobby, Fire Sprinklers, Entrance Foyer
- Tax Amount
- $8,329
- Parcel Number
- 01-41-01-008-4570
- Bedroom Description
- Entry Level
- Exterior Features
- Open Balcony
- Association Fee
- $875
- Unit View
- Other View, Water View
- Parking Restrictions
- Other, Valet
- Unit Number
- 1813
- SqFt Liv Area
- 531
- 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
- Year Built
- 2025
- Special Information
- New Construction
- Style
- Condo-Hotel, Condo
- Restrictions
- Daily Rentals Allowed, No Restrictions, Ok To Lease, Okay To Lease 1st Year
- Development Name
- 501 Residences
- Construction Type
- Concrete Block Construction
- Section
- 1
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