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$488,000
New Listing

121 NE 5TH STREET 1500
MIAMI, FL 33132

For Sale|Condominium|Active
1
Bed
1
Total Bath
1
Full Bath
458
SqFt
$1,066
/SqFt
2025
Built
Subdivision:
501 FIRT RESIDENCES CONDOMINIUM
County:
Miami-Dade

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121 NE 5TH STREET 1500121 NE 5TH STREET 1500121 NE 5TH STREET 1500121 NE 5TH STREET 1500
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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.

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Listing Snapshot
Price 
$488,000
Days On Site 
0 Days
Bedrooms 
1
Inside Area (SqFt) 
458 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2025
MLS® Number 
GC538024
Status 
Active
Property Tax 
$10.7
HOA/Condo/Coop Fees 
$674 Monthly
Sq Ft Source 
Builder
Friends & Family
Recent Activity
3 hours agoListing updated with changes from the MLS®
3 hours agoListing first seen on site
General Features
Direction Faces 
South
Foundation 
Concrete PerimeterSlab
Garage 
Yes
Garage Spaces 
1
Levels 
One
Number Of Stories 
40
Pets 
Yes
Property Condition 
New Construction
Property Sub Type 
Condominium
Sewer 
Public Sewer
SqFt Total 
458
Utilities 
Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedWater AvailableWater Connected
Water Source 
Public
Zoning 
RESI
Interior Features
Appliances 
Convection OvenDishwasherDisposalDryerElectric Water HeaterMicrowaveRange HoodRefrigeratorWasher
Cooling 
Central Air
Flooring 
Ceramic Tile
Furnished 
Furnished
Heating 
CentralElectricHeat Pump
Interior 
ElevatorHigh CeilingsOpen FloorplanWalk-In Closet(s)
Laundry Features 
Laundry Closet
Kitchen 
Level - FirstFeatures - Granite Counters
Living Room 
Level - FirstFeatures - Ceiling Fan(s)
Master Bathroom 
Level - First
Master Bedroom 
Level - First
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Exterior Features
Construction Details 
BlockConcrete
Exterior 
BalconyOutdoor GrillPrivate Entrance
Lot Features 
Waterfront
Roof 
Built-UpOther
View 
BeachWater
Waterfront 
Yes
Waterview 
BeachWater
Community Features
Community Features 
ClubhouseFitness CenterPool
Financing Terms Available 
CashConventionalFHA
HOA Fee Frequency 
Monthly
MLS Area 
33132 - Miami
Roads 
Concrete
Township 
0
Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE GVILLE (352) 359-7708



Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.
Last checked: 2026-03-01 03:49 AM EST

Neighborhood & Commute
Source: Walkscore
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