Date
Details
Price
Change
Source
3/01/2026
Listed
$488,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/22
$488,000
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1/22
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 5th St #1500
General
- Price: $488,000
- HOA FEE: $674/month
- Taxes: $1,007 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11977341
- Updated: 3/12/2026
- Added to Site: 27 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry, Elevator, Skylight
- Appliances: Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator
- Furnishings: Furnished, Turn Key Furnished
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Sitting Area - Primary Bedroom, Studio
Other Rooms
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities, Cable Tv, Common Area, Elevator, Landscaping/Lawn Maintenance, Outside Maintenance, Parking, Pool Service, Trash Removal
- Security/Safety: Smoke Detector, Doorman, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured
Exterior
- Exterior Features: East Of Us1, West Of Us1, Barbecue, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Attached garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet
Location
- Area: 501 First Residence
- County: Miami-Dade County
- Subdivision: 501 First Residence
- Building Name: 501 First Residence
- Direction Faces: South
School Information
- Elementary School: Douglass; Frederick
- Middle School: de Diego; Jose
- High School: Washington; Brooker T
Community
- Community Name: 501 First Residence
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Ceiling Fan(s), Central Air
- Heating Type: Central, Electric
Structural Information
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Windows: Skylight
- Doors: High Impact Doors
- Entry Floor Number: 15
- Building Size: 458
- Square Feet: 458
- Sq. Ft. Source: Owner
- Living Area: 458 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Bay, Ocean View
Water Features
- Water Front: Yes
- Water View: Yes
- Water Front Desc.: Waterfront
Financial Considerations
- Price Per Sq. Ft.: $1,065.5
- Association Fee: $674
- Assoc Fee Freq.: Monthly
- Tax Amount: $1,007
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Restrictions: Okay To Lease 1st Year
- Inclusions: None, Other
- Property ID: 00-00-00-000-0000
Listed by Florida Homes Realty & Mortgage
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Listing agent
— 121 NE 5th St #1500 —
Florida Homes Realty & Mortgage
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 121 NE 5th St #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 5th St #1500
Estimate the Cost
Estimate the Cost for 121 NE 5th St #1500
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Listed by Stellar Non-Member Office
Sold by La Rosa Realty Llc
Sold by La Rosa Realty Llc
121 NE 5 St #1500, Miami, FL 33132 (MLS# A11977341) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5 St #1500 is currently listed for $488,000 and was received on March 01, 2026. Want to learn more about 121 NE 5 St #1500? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.