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$445,000 Just Listed
Property Description
Modern studio in the heart of Downtown Miami featuring floor-to-ceiling windows, contemporary finishes and fully furnished. Closets are done, just need to add details to start renting out such as bed bedding and kitchen supplies. Full-service building with resort-style amenities and unbeatable location in Miami World Center near dining, nightlife, and cultural attractions. Unit has not been used. ready for new owner to take over and start renting out or using as a pied a ter in miami. Investor-friendly building allows daily/short-term rentals, offering strong income potential in a high-demand area.
Full Property Details
Full Property Details for 121 NE 5th St #1809
General
- Price: $445,000
- HOA FEE: $589/month
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12027732
- Updated: 6/1/2026
- Added to Site: 4 day(s) ago
Interior
- Interior Features: Closet Cabinetry
- Appliances: Dishwasher, Dryer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: None
Additional Information
- Shared Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Library, Private Pool
- Maint. Includes: All Amenities, Elevator, Hot Water, Sewer, Trash Removal, Water
- Security/Safety: Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet
Location
- Area: 501 First
- County: Miami-Dade County
- Subdivision: 501 First
- Building Name: 501 First
Community
- Community Name: 501 First
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 18
- Building Size: 359
- Square Feet: 359
- Living Area: 359 Sq. Ft.
- Year Built: 2025
Lot Features
- Property View: Skyline
Financial Considerations
- Price Per Sq. Ft.: $1,239.55
- Association Fee: $589
- Assoc Fee Freq.: Monthly
- Tax Year: 2026
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 1809 UNDIV 0.14826% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: Daily Rentals Allowed
- Property ID: 01-41-01-008-3210
Listed by Miami Residential Group
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Schools
Schools serving 121 NE 5th St #1809
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.7 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 NE 5th St #1809
Date
Details
Price
Change
Source
5/29/2026
Listed
$445,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 121 NE 5th St #1809
Year
Property Taxes
Change
Tax Assessment
Change
2024
$85,707
—
$4,200,000
-14%
2024
$85,707
5%
$4,900,000
—
2023
$81,451
12%
$4,900,000
40%
2021
$72,937
-9%
$3,489,159
-28%
2022
$79,753
9%
$4,876,638
40%
2021
$72,937
14%
$3,489,180
28%
2019
$64,097
8%
$2,724,608
10%
2018
$59,098
21%
$2,476,917
10%
2017
$48,755
-3%
$2,251,743
—
2016
$50,200
136%
$2,251,764
722%
2015
$21,272
94%
$273,986
10%
2014
$10,970
109%
$249,079
10%
2013
$5,237
—
$226,436
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 NE 5th St #1809
121 NE 5th St #1809, Miami, FL 33132 (MLS# A12027732) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5th St #1809 is currently listed for $445,000 and was received on May 29, 2026. Want to learn more about 121 NE 5th St #1809? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.
