121 NE 5 Street 1500, Miami, FL 33132

Miami, FL 33132

501 First Residence

Bedrooms

Bathrooms

458

Living Sq Ft

2025

Year Built

Listing Snapshot

Price: $488,000
Days on Site: 99 Days
Bedrooms: 0
Total Baths: 1
Full Baths: 1
Living Area: 458 sqft
Total Sq Ft: 458 sqft
Year Built: 2025
Property Type: Condo
MLS #: A11977341
Property Tax: $1,007 (2025)
HOA Fees: $674 / Monthly
Subdivision: 501 First Residence
County: Miami Dade
Status: Active

About This Property

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.

Virtual Tour

General Features

Property Type: Condo
Status: Active
Year Built: 2025
Property Condition: New Construction
New Construction: Yes
Number of Stories: 40
Garage Spaces: 1
Attached Garage: Yes
Parking: Attached / Garage / Valet
Direction Faces: South
Living Sq Ft: 458
Total Sq Ft: 458

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Microwave / Refrigerator
Cooling: Central Air / Ceiling Fans
Heating: Central / Electric
Flooring: Ceramic Tile
Interior Features: Elevator / Living Dining Room / Sitting Area In Primary
Windows: Skylights
Furnished: Furnished

Exterior Features

Exterior Features: Balcony / Barbecue / Outdoor Living Area
Pool Features: Heated
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: None / Other
View: Bay / Ocean

Community & HOA

HOA Fee: $674 / Monthly
HOA Includes: Common Areas / Cable Tv / Maintenance Grounds / Pools / Trash
Association Amenities: Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Parking / Sauna / Spa Hot Tub / Elevators
Community Features: Home Owners Association
Security: Security System / Elevator Secured / Fire Alarm / Key Card Entry / Lobby Secured / Smoke Detectors
Utilities: Cable Available
Pets Allowed: Pet Restrictions / Yes
Financing Terms: Cash / Conventional / FHA / Va Loan
MLS Area: 2320

Schools

Elementary School: Frederick Douglass
Middle School: Jose De Diego
High School: Booker T. Washington

Listing courtesy of Non-MLS Member

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity Realty. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$488,000

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Listed by Salesperson Non Member, Non-MLS Member

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About This Property

Virtual Tour

Community & HOA

HOA Fee

$674 / Monthly

HOA Includes

Common Areas / Cable Tv / Maintenance Grounds / Pools / Trash

Association Amenities

Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Parking / Sauna / Spa Hot Tub / Elevators

Community Features

Home Owners Association

Security

Security System / Elevator Secured / Fire Alarm / Key Card Entry / Lobby Secured / Smoke Detectors

Utilities

Cable Available

Pets Allowed

Pet Restrictions / Yes

Financing Terms

Cash / Conventional / FHA / Va Loan

MLS Area

2320