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About This Home
This 1-bedroom, 1-bathroom condo at 121 NE 5TH STREET in MIAMI, FL is listed for $488,000 ($1,066 per sqft). Built in 2025, the home offers 458 sqft of living space on a N/A lot.
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.
Key Features
- Built in 2025
- Waterfront
Property Details
Amenities
Monthly Cost Estimate
$2,610/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
121 NE 5TH STREET
MIAMI, FL 33132
501 FIRT RESIDENCES CONDOMINIUM
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 1-bathroom condo at 121 NE 5TH STREET is listed at $488,000 ($1,066/sqft). The estimated monthly payment is $2,115 based on 20% down at 6.5% interest.
Key features include: Built in 2025, Waterfront. Interior Features: Ceiling Fans(s), Elevator, High Ceilings. Exterior Features: Balcony, Outdoor Grill, Private Entrance.
This property is listed by Ying Yan and can be reached at 3523597708 or yinggainesvillerealtor@gmail.com.
