Condo in 121 NE 5 St 1500 Miami for sale with MLS# A11977341
Brand new studio at 501 First Residence Condominium in Downtown Miami. Unit 1500 offers 458 SF with floor to ceiling impact windows, private balcony and stunning 180 ` ocean city views . Fully furnished with brand new bed , mattress, desk, stools and sofa -Trunkey and ready for immediate rental income. Luxury amenities include a rooftop pool (40th floor) sunrise & sunset lounge (38th Floor) fitness center , coworking spaces and party room . Near Metro mover, Miami World Center , Brightline Station, Bayfront Park and entertainment. Prime opportunity in Maimi's high - demand short-term rental market.
121 NE 5 St 1500, Miami, FL 33132
Price
- Price:
- $488,000.00
- Original List Price:
- $488,000.00
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
Property Status and Type
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A11977341
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- March 12, 2026 7:39 am
Rooms Distribution
- Bathrooms Total:
- 1
- Full Bath:
- 1
Measures
- Living Area:
- 458 Sqft
- Built-Up Area:
- 458 Sqft
- Living Area Source:
- Owner
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- Ocean, Bay
- Waterfront:
- Yes
- Waterfront Features:
- Other
- Swimming Pool Features:
- Heated
- Security:
- Smoke Detector(s), Door Man, Key Card Entry, Elevator Secured, Lobby Secured, Fire Alarm, Door Man
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Electric Range, Electric Water Heater
- Interior:
- First Floor Entry, Skylights, Elevator, Convertible Bedroom, Sitting Area In Primary, Living Dining Room
- Exterior:
- Barbecue, Balcony, Security High Impact Doors
- Patio and Porch:
- Balcony, Open
- Windows:
- Skylight(s), Skylight(s)
- Air Conditioning
- Air Conditioning System:
- Central Air, Ceiling Fan(s)
- Heating
- Heating System:
- Central, Electric
- Property Entrance Faces:
- South
- Water Access Description:
- None, Other
Construction
- Year Built:
- 2025
- Year Built Details:
- New Construction
- Entry Level (floor):
- 15
- Entry Level Location:
- 15
- Flooring:
- Ceramic Tile
- Number of stories:
- 40
Taxes and Expenses
- Tax Annual Amount:
- $1,007.00
- Tax Year:
- 2025
- Association Fee:
- $674.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- New Construction
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Attached Garage
- Parking Features:
- One Space, Garage, Attached, Valet
Utilities
- Utilities Available:
- Cable Available
Community
- Pets Allowed?:
- Yes, Conditional
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Sauna, Spa/hot Tub, Clubhouse, Barbecue, Elevator(s), Fitness Center, Picnic Area
- Subdivision Name:
- 501 First Residence
- Association Fee Includes:
- Maintenance Grounds, Trash, Cable Tv, Maintenance Structure, Common Areas, Parking, Amenities, Pools
- Complex Name:
- 501 First Residence
- Senior Community:
- No
- Development Status:
- New Construction
- Restrictions:
- Okay to Lease During First Year of Ownership
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional, FHA, VA Loan
- Occupant Type:
- Vacant
- Buyer Possession:
- Closing And Funding
Zoning and Legal
- Tax Legal Description:
- 0
- Real Estate Folio Number (Parcel Number):
- 00-00-00-000-0000
Public Schools Assigned
- High School:
- Washington; Brooker T
- Middle Or Junior School:
- De Diego; Jose
Listing History
- Originally published on:
- March 12, 2026 7:39 am
- Active on the market since:
- March 1, 2026
- Price change occurred on:
- March 5, 2026 1:45 pm
- Listing Status Last Changed On:
- March 12, 2026 7:39 am
- Photos updated on:
- March 12, 2026 2:02 pm
- Last Modified:
- March 12, 2026 3:00 pm
Additional Information
- Unit View:
- Bay, Ocean View
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- East Of Us1, Lobby, West Of Us1
- Type of Association:
- Homeowners
- Minimum Number of Days per Lease:
- 0
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $0.00
- Number of Times Leased per Year:
- 0
- Application Fee:
- $150.00
- Style:
- Condo 5+ Stories
- Num Ceiling Fans:
- 1
- Municipal Code:
- 0
- Courtesy of:
- Florida Homes Realty & Mortgage
- Attribution:
- Not provided
Location
- Street Name:
- 5 ST
- Street Number:
- 121
- Unit Number:
- 1500
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.7''
- Longitude:
- W81° 48' 29.9''
- Street Direction Prefix:
- NE
Property Map
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Median Household Income
$109,505
Median Home Value
$545,100
Median Rent
$2,534/mo
Median Age
34
Population
18,244
Air Quality
Source: AirNow.gov · Miami
🌬️ Air Quality Index (AQI)
50
Good
☀️ O3
45
Good
🫁 PM2.5
50
Good
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