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$478,000
Property Description
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.
Full Property Details
Full Property Details for 121 NE 5 #1500
General
- Price: $478,000
- HOA FEE: $674
- Taxes: $1,007 (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A11977341
- Updated: 9/4/2026
- Added to Site: 188 day(s) ago
Interior
- Interior Features: Elevator, Living/Dining Room, Sitting Area in Primary, Skylights
- Appliances: Some Electric Appliances, Dryer, Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Water Heater
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Ceramic Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Additional Information
- Shared Amenities: Elevator(s)
- Spa Description: Community
- Security/Safety: Door Man, Lobby Secured, Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Open
Parking
- Garage: Yes
- Attached garage: Yes
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Attached, Garage, Valet
Location
- Area: 2320
- County: Miami-Dade
- Subdivision: 501 First Residence
- Direction Faces: South
Community
- Community Name: 2320
- Association: Yes
- Assoc. Fees Include: Common Areas, Cable TV, Maintenance Grounds, Parking, Pool(s), Trash
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Central, Electric
Structural Information
- Entry Floor Number: 15
- Elevator: Yes
- Square Feet: 458
- Living Area: 458 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Bay, Ocean
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Association Fee: $674
- Tax Amount: $1,007
- Tax Year: 2025
- Terms: Cash, Conventional, VA Loan
Disclosures and Reports
- Property ID: 00-00-00-000-0000
Listed by Non-MLS Member
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Schools
Schools serving 121 NE 5 #1500
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.7 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 NE 5 #1500
Date
Details
Price
Change
Source
3/01/2026
Listed
$478,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 NE 5 #1500
121 NE 5 #1500, Miami, FL 33132 (MLS# A11977341) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5 #1500 is currently listed for $478,000 and was received on March 01, 2026. Want to learn more about 121 NE 5 #1500? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.
