121 NE 5 ST 1500 Miami, FL $ 488,000
121 NE 5 ST 1500
$ 488,000
New Construction
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121 NE 5 ST 1500

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

Monthly Estimate*

$ 3,005

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View a Virtual Tour
Studio

Condo for sale in Miami, FL

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

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.

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Condo Active

Price

$ 488,000

Bedrooms

Studio

Full Bath

1

Property Type

Condo

Taxes

$ 1,007

Style

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A11977341

Features
General
Heating Central Electric
Cooling Central Air Ceiling Fan(s)
Utilities Cable Available
Possession Closing & Funding
Appliances Dryer Dishwasher Electric Range Electric Water Heater Disposal Microwave Refrigerator
Development Status New Construction
HOA Fee 674
Garage Spaces 1
Association Fee Includes Amenities Common Areas Cable TV Maintenance Grounds Maintenance Structure Parking Pool(s) Trash
Patio/Porch Features Balcony Open
Pool Features Heated
Security Features Door Man Elevator Secured Fire Alarm Key Card Entry Lobby Secured Smoke Detector(s)
Restrictions Okay to Lease 1st Year
Pets Allowed Conditional Yes
Year Built 2025
View Bay Ocean
Unit Number 1500
Property Subtype Condominium
Tax Year 2025
Waterfront Features Other
Assoc Fee Paid Per Monthly
County Miami-Dade
New Construction true
Property Type Residential
Association Amenities Business Center Clubhouse Fitness Center Barbecue Picnic Area Pool Sauna Spa/Hot Tub Elevator(s)
Attached Garage true
Subdivision Name 501 First Residence
Facing Direction South
Garage Y/N true
Total Rooms 0
Full Baths 1
Status Active
High School Washington; Brooker T
City Miami
Entry Location 15
Senior Community Y/N false
MLS Area 32
Lot Size Units Square Feet
Listing Terms Cash Conventional FHA VA Loan
Elementary School Douglass; Frederick
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 1007
Middle/Junior High School de Diego; Jose
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11977341
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Condominium
Legal Description 0
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Interior
Interior Amenities Convertible Bedroom Elevator First Floor Entry Living/Dining Room Sitting Area in Primary Skylights
Flooring Ceramic Tile
Furnished Y/N Furnished
Total Stories 40
Air Conditioning Y/N true
Heating Y/N true
Window Features Skylight(s)
Total Bedrooms 0
Entry Level 15
Total Baths 1
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Exterior
Exterior Amenities Balcony Barbecue Security/High Impact Doors
Parking Features Attached Garage One Space Valet
Building Area Total 458
Waterfront Y/N true
Covered Spaces 1
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* Excluded Features
List By
Florida Homes Realty & Mortgage

Broker

yinggainesvillerealtor@gmail.com

Email

Affordability Calculator

$3,089
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,005
Monthly Property Taxes
$84
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
4628874 Elementary School
4299510 Middle School
Washington; Brooker T High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2026$488,000 Listed Price

Map


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