121 NE 5th St 3005, Miami, FL 33130 — MLS photo

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121 NE 5th St 3005, Miami, FL 33130

Active · Condominium

$545,000

121 NE 5th St 3005, Miami, FL 33130

Beds
1
Baths
1
Living area
630 sq ft
$ / sq ft
$865/sq ft
Year built
2026
Lot size
—
HOA fee
$801 Monthly
Annual tax
$1

About this property

Great opportunity to own in one of Downtown Miami's newest development, perfectly positioned for both lifestyle buyers and savvy investors! Fully furnished ready to move-in corner high floor residence with unobstructed views of Miami Skyline. Resort-style amenities include rooftop pool with panoramic city and Bay views, fitness center, concierge, security, valet, work space, outdoor and indoor social lounge, business center and more. Daily rentals, Airbnb and all short-term platforms are allowed. Walking distance to Brightline Station, Bayside Marketplace, Kaseya Center, world-class dining, Miami Worldcenter and more.

Property location

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121 NE 5th St 3005, Miami, FL 33130

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Facts & features

Interior

Bedrooms
1
Bathrooms
1
Living area
630 sq ft
Flooring
Porcelain Tile
Appliances
Dryer, Dishwasher, Microwave, Other, Refrigerator, Washer
Cooling
Central Air
Heating
Central
Interior features
Bedroom On Main Level

Exterior & Structure

Property type
Condominium
Year built
2026
Stories
40
Architectural style
High Rise
Construction
CBSConcrete Block Structure, Block
Exterior features
Balcony, Security High Impact Doors
Pool
Association, Heated
View
Skyline, Water

Parking

Garage spaces
1
Covered spaces
1
Parking features
One Space, Valet

HOA, Community & Financials

Association fee
$801 Monthly
Fee inclusions
Amenities
Amenities
Business Center, Clubhouse, Elevators, Fitness Center, Barbecue, Other, Picnic Area, Pool
Security
Door Man, Elevator Secured, Key Card Entry
Pets allowed
Conditional, Yes
Annual tax
$1
Subdivision
501 First Residences
County
Miami-Dade
Days on market
216
MLS listing ID
A11984809
Listing status
Active

Investment intelligence

Yield & ROI calculator

Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.

Estimated monthly cash flow

-$1,333

Cap rate
2.8%
Net yield
2.8%
Cash-on-cash return
-10.5%
Gross yield
5.8%
Mortgage payment
$2,584/mo
Down payment
$136,250
Loan amount
$408,750
Annual NOI
$15,008

Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.