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121 NE 5TH Street , #1500

Miami, FL 33132
  • $488,000
  • STATUS: Active
  • ON SITE: 6 Days
  • MLS #: GC538024
New On Site 6 Days Ago
UPDATED: 50 min ago
$488,000
  • 1
    BEDS
  • N/A
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 458
    SQFT
  • $1,066
    $/SQFT
Type:
Condo
Built:
2025
County:
Area:

School Ratings & Info

Description

Welcome to this brand new 501 First Residence Condominium a premier residential community in the heart of Miami. Unit 1500 is a well-designed studio residence offering 458 SF with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with a bed, mattress, desk, stools, and a sofa. Everything is brand new and this unit is ready for immediate rental income. This condominium offers amazing amenities: a rooftop pool on the 40th floor, an open-concept sunrise & sunset lounge on the 38th floor, a fitness room, shared workspaces, and a party room. The unit offers a 180-degree ocean view. Right downstairs you have the Miami Downtown light rail/Metro mover, and prime walkability to Miami World Center, Brightline Station, Bayfront Park, dining, entertainment. An ideal investment in one of Miami’s fastest-growing high demand short-term rental markets.

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© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-03-08T19:43:54.19.
www.teamsaveelanace.com/homes/173525296
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121 NE 5TH Street , #1500 Miami, FL 33132

  • Price: $488,000
  • Status: Active
  • On Site: 6 Days
  • Updated: 50 min ago
  • MLS #: GC538024
1
Beds
1
Baths
0
½ Baths
N/A
Acres
458
SQFT
$1,066
$/SQFT
2025
Built
Neighborhood:
501 FIRT RESIDENCES CONDOMINIUM
County:
Miami-Dade
Area:
Miami
Property Description
Welcome to this brand new 501 First Residence Condominium a premier residential community in the heart of Miami. Unit 1500 is a well-designed studio residence offering 458 SF with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with a bed, mattress, desk, stools, and a sofa. Everything is brand new and this unit is ready for immediate rental income. This condominium offers amazing amenities: a rooftop pool on the 40th floor, an open-concept sunrise & sunset lounge on the 38th floor, a fitness room, shared workspaces, and a party room. The unit offers a 180-degree ocean view. Right downstairs you have the Miami Downtown light rail/Metro mover, and prime walkability to Miami World Center, Brightline Station, Bayfront Park, dining, entertainment. An ideal investment in one of Miami’s fastest-growing high demand short-term rental markets.
Exterior Features

Attached Garage Yn No Carport Yn No Construction Materials BlockConcrete Covered Spaces 1 Direction Faces South Exterior Features BalconyOutdoor GrillPrivate EntranceSidewalk Foundation Details Concrete PerimeterSlab Pool Private Yn No Road Surface Type Concrete Roof Built-UpOther Water Access Yn No Water Extras Yn No Water View Beach Water View Yn Yes Waterfront Features Bay/Harbor Waterfront Feet Total 4752 Waterfront Yn Yes

Interior Features

Appliances Convection OvenDishwasherDisposalDryerElectric Water HeaterMicrowaveRange HoodRefrigeratorWasher Building Area Total 458 Building Elevator Yn Yes Cooling Central Air Cooling YN Yes Fireplace Yn No Flooring Ceramic Tile Furnished Furnished Heating CentralElectricHeat Pump Heating YN Yes Interior Features Ceiling Fan(s)ElevatorHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersWalk-In Closet(s) Laundry Features Laundry Closet Levels One Rooms Primary Bedroom (Built-in Closet) Living Room (Ceiling Fan(s)No Closet) Primary Bathroom (Rain Shower HeadNo Closet) Kitchen (Granite CountersNo Closet) Sewer Public Sewer Stories Total 40 Water Source Public

Property Features

Association Approval Required Yn No Association Fee Frequency Monthly Association Fee Includes 24-Hour GuardCable TVCommunity PoolInternetMaintenance StructureMaintenance GroundsPool MaintenanceTrashWater Association Fee Requirement Required Association Montly Maint Amt Add To Hoa 0 Association Yn Yes Building Name Number 501 FIRST RESIDENCES Cdd Yn No Community Features ClubhouseFitness CenterPool Condo Fee Monthly Amount 674 Condo Fees 674 Condo Fees Term Monthly Condo Land Included Yn Yes Down Payment Resource Yes Flood Zone Code 12086C Floor Number 15+ Garage Yn Yes Homestead Yn No Lease Considered YN Yes Lease Restrictions YN No Listing Terms CashConventionalFHA Max Pet Weight 65 Minimum Lease No Minimum New Construction Yn Yes Ownership Fee Simple Pets Allowed Yes Property Condition Completed Property Sub Type Condominium Senior Community Yn No Special Listing Conditions None Tax Annual Amount 10.7 Total Annual Fees 8088 Total Monthly Fees 674 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPublicWater AvailableWater Connected Yrs Of Owner Prior To Leasing Re No Zoning RESI


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS..
Listing provided courtesy of FLORIDA HOMES REALTY & MORTGAGE GVILLE: 352-240-1133.



© 2026 My Florida Regional MLS DBA Stellar MLS. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2026-03-08T19:43:54.19.
 
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