121 NE 5th St #1500

$488K2%
$478,000
Studio
Beds
1
Baths
458
SqFt
Status
Active
Parking
1
Size
458 SqFt (43 m2)
Price
$1,044/SqFt ($11,234/m2)
Type
Condo
Built
2025
HOA
$674/MO
MLS Number
A11977341
View
Bay,Ocean
On Site
188 Days
Updated
6 Days ago
Page Views
0
NEW CONSTRUCTION ~Blt. 2025
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
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.

Features

Bedrooms
  • Bedrooms: No info
Bathrooms
  • Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, Barbecue, SecurityHighImpactDoors
  • View: Bay,Ocean
Interior, Heating and Cooling
  • Interior Features: ConvertibleBedroom, Elevator, FirstFloorEntry, LivingDiningRoom, SittingAreaInPrimary, Skylights
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, ElectricWaterHeater, Disposal, Microwave, Refrigerator
  • Heating Description: Central,Electric
  • Cooling Description: CentralAir, CeilingFans
Building and Construction
  • Floor Description: CeramicTile
  • Windows/Treatment: Skylights
  • Year Built: 2025
  • Year Built Description: New Construction
Waterfront and Water Access
  • Waterfront Frontage: Yes
School Information
  • Elementary School: Douglass; Frederick
  • Middle School: de Diego; Jose
  • Senior High School: Washington; Brooker T
Other Property Info
  • Garage: 1
  • Listing Date: 2026-03-12T07:39:09.000-00:00
  • Directions: South
  • Pets Allowed: Conditional,Yes
Taxes, Fees & More
  • Maintenance Includes: Amenities, CommonAreas, CableTv, MaintenanceGrounds, MaintenanceStructure, Parking, Pools, Trash
  • Taxes: 1007
  • Security Information: DoorMan, ElevatorSecured, FireAlarm, KeyCardEntry, LobbySecured, SmokeDetectors
  • Parking Description: Attached, Garage, OneSpace, Valet
  • Total Floors in Building: 40

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Price History

Current
$478K
High
$488K
Low
$478K
Total Change
-2%
$489K$483K$477KMar 26Jun 26
Date
Event
Price
Change
Price Per
06/30/2026
Price Reduced
$478K
-2.05%
$1,044 ft2
$11,234 m2
03/05/2026
Listed
$488K
 
$1,066 ft2
$11,469 m2
06/30/2026
$478K
Event
Price Reduced
Change
-2.05%
Price Per
$1,044 ft2
$11,234 m2
03/05/2026
$488K
Event
Listed
Price Per
$1,066 ft2
$11,469 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listing Location & Street View
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