$478,000
Original: $488,000 ▼ Price reduced

121 NE 5TH ST #1500, Miami, FL 33132

Active
1
Beds
1
Baths
458
Sq Ft
$1,043
Per Sq Ft
2025
Built
92
Days Listed

About This Property

A big price improvement ! 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.

Property Details

TypeCondominium
Garage1 spaces
Lot0.00 ac
Stories40
PoolNo
WaterfrontYes
Subdivision501 FIRT RESIDENCES CONDOMINIUM
HOAYes
Tax/yr$11
HeatingCentral, Electric, Heat Pump
CoolingCentral Air
FlooringCeramic Tile
RoofBuilt-Up, Other
New ConstructionYes

Listed by FLORIDA HOMES REALTY & MORTGAGE GVILLE · MLS# GC538024

More in Miami


Listing information © 2026 My Florida Regional MLS DBA Stellar MLS. All Rights Reserved. Data deemed reliable but not guaranteed. Last updated: 2026-06-05.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Schedule a Showing
Rise Team · LPT Realty, LLC
Mike Valdes
Mike Valdes
Rise Team · LPT Realty
(813) 548-5618
Browse More

Monthly Payment

Estimate your all-in monthly cost.

%
%
EST. MONTHLY PAYMENT

Estimate only. Taxes, insurance, and HOA may vary.

🔔

Get notified of similar listings

Be the first to know when a similar home hits the market.

Sign up free to get alerts

Already a member? Log in

Property photo
🤖

Rise AI Assistant

Ask anything about this listing