121 NE 5TH STREET 1500 Miami, FL $ 488,000
121 NE 5TH STREET 1500
$ 488,000
Recently Listed New Construction
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121 NE 5TH STREET 1500

Miami, FL, 33132
$ 488,000
Bedrooms1 Baths1.0 Sq 458

Monthly Estimate*

$ 3,005

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121 NE 5TH STREET 1500, Miami, FL 33132 - Image 13
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Condo for sale in Miami, FL

for $488,000 with 1 bedroom and 1 full bath. This 458 square foot condo was built in 2025.

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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Condo Active

Price

$ 488,000

Bedrooms

1

Full Bath

1

Property Type

Condo

Taxes

$ 10

Style

Condominium

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

GC538024

Features
General
Sewer Public Sewer
Heating Central Electric Heat Pump
Cooling Central Air
Utilities Cable Available Cable Connected Electricity Available Electricity Connected Public Water Available Water Connected
Roof Built-Up Other
Appliances Convection Oven Dishwasher Disposal Dryer Electric Water Heater Microwave Range Hood Refrigerator Washer
Zoning RESI
Garage Spaces 1
Association Fee Includes 24-Hour Guard Cable TV Community Pool Internet Maintenance Structure Maintenance Grounds Pool Maintenance Trash Water
Construction Materials Block Concrete
Pets Allowed Yes
Year Built 2025
Levels One
Unit Number 1500
Property Subtype Condominium
Tax Year 2025
Ownership Fee Simple
Waterfront Features Bay/Harbor
Community Features Clubhouse Fitness Center Pool
Additional Parcels Description 0
Assoc Fee Paid Per Monthly
County Miami-Dade
New Construction true
Property Type Residential
Attached Garage false
Subdivision Name 501 FIRT RESIDENCES CONDOMINIUM
Facing Direction South
Garage Y/N true
Total Rooms 4
Full Baths 1
Status Active
Directions Follow I-95 South to NW 3rd Ct in Miami. Take exit 3B from I-95 S Drive to NW 5th St
City MIAMI
Association Name Talita Dias
Senior Community Y/N false
MLS Area 33132 - Miami
Lot Size Square Feet 0
Carport Y/N false
Listing Terms Cash Conventional FHA
Land Lease Y/N false
Tax Annual Amount 10.7
Property Condition Completed
Additional Parcels Y/N true
Lease Considered Y/N true
Virtual Tour https://www.propertypanorama.com/instaview/stellar/GC538024
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Tax Lot 0
Legal Description 1500 of 501 FIRST RESIDENCES CONDOMINIUM
Water View Beach
Minimum Lease No Minimum
Water Access Y/N false
Monthly Condo Fee Amount 674
HOA Monthly Maintenance 0
Water View Y/N true
Flood Zone Code 12086C
DockY/N false
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Interior
Interior Amenities Ceiling Fan(s) Elevator High Ceilings Living Room/Dining Room Combo Open Floorplan Solid Surface Counters Walk-In Closet(s)
Flooring Ceramic Tile
Furnished Y/N Furnished
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N false
Half Baths 0
Laundry Features Laundry Closet
Total Bedrooms 1
Total Baths 1
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Exterior
Exterior Amenities Balcony Outdoor Grill Private Entrance Sidewalk
Water Source Public
Foundation Details Concrete Perimeter Slab
Building Area Total 458
Lot Size Acres 0
Road Surface Type Concrete
Private Pool false
Waterfront Y/N true
Covered Spaces 1
Number of Lots 3
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* Excluded Features
List By
Florida Homes Realty & Mortgage Gville

Broker

yinggainesvillerealtor@gmail.com

Email

Affordability Calculator

$3,006
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,005
Monthly Property Taxes
$1
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/1/2026$488,000 Listed Price

Map


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121 NE 5TH STREET 1500, Miami, FL, 33132 is a Condo for sale at $488,000 with 458 sqft. 121 NE 5TH STREET 1500 has 1 bedrooms, 1.0 baths, and was built in 2025. The property's zip code is 33132 which is in Miami, FL