Condo in 121 NE 5th 501B Miami for sale with MLS# A11974262
Brand New Luxury Condo at 501 First Miami - No Rental Restrictions! Be the first to own this pristine, newly delivered residence (Unit 501B) in the heart of Downtown Miami. Located in the highly anticipated 501 First Residences, this unit offers the ultimate flexibility with no rental restrictions, making it a premier choice for high-yield short-term rentals (Airbnb/VRBO) or a sophisticated urban lifestyle. Unit Features: Modern open-concept layout with floor-to-ceiling glass windows. Private balcony with stunning city skyline views. Fully finished and furnished with interiors by award-winning SHIM Projects. High-end Smeg appliances and custom Italian cabinetry. In-unit washer/dryer and smart home technology. Building Amenities: Experience over 20,000 SF of world-class amenities, including a 75-foot rooftop lap pool, a state-of-the-art fitness center by HOMAGE, a lush rooftop greenhouse, co-working spaces, and a private movie theater. Strategically located steps away from Miami Worldcenter, Kaseya Center, and the Brightline station. Don't miss this turnkey investment opportunity!
121 NE 5th 501B, Miami, FL 33132
- Price:
- $475,000.00
- Original List Price:
- $475,000.00
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11974262
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 19, 2026 9:27 am
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Living Area Source:
- Builder
- Lot Size Unit:
- Square Feet
- Waterfront:
- No
- Swimming Pool Features:
- Heated
- Security:
- Key Card Entry, Lobby Secured
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker
- Interior:
- Walk-In Closet(s), Tub Shower
- Exterior:
- Barbecue
- Air Conditioning
- Air Conditioning System:
- Central Air, Electric
- Heating
- Heating System:
- Central, Electric
- Year Built:
- 2025
- Year Built Details:
- New Construction
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 5
- Entry Level Location:
- 5
- Flooring:
- Tile, Ceramic Tile
- Number of stories:
- 40
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2026
- Association Fee:
- $563.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- New Construction
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- One Space, Covered
- Electric:
- Fuses
- Utilities Available:
- Cable Available
- Pets Allowed?:
- Yes, Dogs Ok
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Spa/hot Tub, Billiard Room, Bike Storage, Clubhouse, Elevator(s)
- Subdivision Name:
- 501 FIRST RESIDENCES
- Association Fee Includes:
- Parking, Internet
- Complex Name:
- 501 FIRST RESIDENCES
- Senior Community:
- No
- Development Status:
- New Construction
- Restrictions:
- Okay to Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Vacant
- Buyer Possession:
- Other
- Tax Legal Description:
- 0
- Real Estate Folio Number (Parcel Number):
- 01-02-06-020-1150
- Originally published on:
- March 19, 2026 9:27 am
- Active on the market since:
- March 1, 2026
- Price change occurred on:
- March 1, 2026 5:08 pm
- Listing Status Last Changed On:
- March 19, 2026 9:27 am
- Photos updated on:
- March 19, 2026 2:27 pm
- Last Modified:
- March 19, 2026 5:00 pm
- Unit View:
- None
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- High-Rise
- Type of Association:
- Condo
- Minimum Number of Days per Lease:
- 1
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $0.00
- Number of Times Leased per Year:
- 360
- Application Fee:
- $100.00
- Style:
- Condo 5+ Stories
- Municipal Code:
- 1
- Courtesy of:
- Core Realty Associates, Inc.
- Attribution:
- Not provided
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 501B
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.7''
- Longitude:
- W81° 48' 29.9''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami

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