$
121 NE 5TH ST #1500
Miami, Miami-Dade, FL, 33132
Active$478,000
$1044/sqft
1Beds
1Baths
458Sq Ft
2025Built
92Days on Market
About this home
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.
Facts & Features
MLS ID#MFRGC538024
Price$478,000
StatusActive
Bedrooms1
Bathrooms1
Full Baths1
Half Baths0
Square Footage458 sqft
Acres0.0000
Year Built2025
TypeResidential
SubtypeCondominium
StyleN/A
Community Information
Address121 NE 5TH ST #1500
Subdivision501 Firt Residences Condominium
CityMiami
CountyMiami-Dade
StateFL
Zip Code33132
Senior CommunityNo
Amenities
AmenitiesN/A
ParkingN/A
ViewNo
WaterfrontYes
PoolNo
Interior
Interior FeaturesCeiling Fans(s), High Ceilings, Open Floorplan, Walk-In Closet(s), Living Room/Dining Room Combo, Elevator, Solid Surface Counters
HeatingCentral, Electric, Heat Pump
CoolingCentral Air
FlooringCeramic Tile
FireplaceN/A
Stories40
AppliancesDishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer, Electric Water Heater, Convection Oven, Range Hood
Exterior
Exterior FeaturesSidewalk, Balcony, Outdoor Grill, Private Entrance
ConstructionBlock, Concrete
FoundationSlab, Concrete Perimeter
RoofBuilt-Up, Other
FencingN/A
Lot FeaturesN/A
School Information
ElementaryN/A
MiddleN/A
HighN/A
Additional Information
Date ListedMarch 1, 2026
Days on Market92
ZoningRESI
Direction FacesSouth
New ConstructionYes
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This calculator provides estimates for informational purposes only and is not a loan offer, pre-approval, or commitment to lend. Actual rates, payments, and loan terms vary by lender and are subject to credit approval, income/asset verification, and market conditions. Property tax and homeowners insurance shown are estimates and may differ. PMI applies when the down payment is under 20%. For an official Loan Estimate, contact a licensed mortgage lender. FLORIDA HOMES REALTY & MORTGAGE GVILLE is a licensed real estate brokerage, not a mortgage lender. Equal Housing Opportunity.
92 days on market
Listed by: Ying Yan · 352-359-7708—FLORIDA HOMES REALTY & MORTGAGE GVILLE · 352-240-1133
Updated from Real Estate Market Data
MLS/IDX data last updated: October 24, 2026 2:03 PM . All data is obtained from various sources and may not have been verified by the broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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