121 NE 5TH STREET UNIT 1500
MIAMI, FL, 33132
$478,000
1 Beds
1 Baths
458 SqFt
0 Acres
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MLS #GC538024 image #0
A big price improvement ! 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.

Property Details

Price:
$478,000
MLS #:
GC538024
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 FIRT RESIDENCES CONDOMINIUM
Neighborhood:
33132miami
Listed Date:
Mar 1, 2026
Finished Sq Ft:
458
Total Sq Ft:
458
Year Built:
2025
WaterfrontPoolNewconstructionCommunity Club House33132 – Miami33132miami501 Firt Residences CondominiumNo MinimumPets Allowed

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Schools

Interior

Appliances
Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air
Flooring
Ceramic Tile
Heating
Central, Electric, Heat Pump
Interior Features
Ceiling Fan(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
Laundry Features
Laundry Closet
Levels
One

Exterior

Community Features
Clubhouse, Fitness Center, Pool
Construction Materials
Block, Concrete
Covered Spaces
1
Direction Faces
South
Exterior Features
Balcony, Outdoor Grill, Private Entrance, Sidewalk
Garage Spaces
1
New Construction YN
1
Roof
Built-Up, Other
Waterfront Features
Bay/Harbor

Financial

HOA Fee Frequency
Monthly
HOA Includes
24-Hour Guard, Cable TV, Community Pool, Internet, Maintenance Structure, Maintenance Grounds, Pool Maintenance, Trash, Water
HOA Name
Talita Dias
HOA Phone
305-395-7215
Tax Year
2025
Taxes
$11

Map

Community

Subdivisions in MIAMI

Market Summary

Current real estate data for Condo in MIAMI as of Aug 29, 2026
15
Condo Listed
208
Avg DOM
428
Avg $ / SqFt
$387,999
Avg List Price

Property Summary

    Located in the 501 FIRT RESIDENCES CONDOMINIUM subdivision, 121 NE 5TH STREET UNIT 1500 MIAMI FL is a Condo for sale in MIAMI, FL, 33132. It is listed for $478,000 and features 1 beds, 1 baths, and has approximately 458 square feet of living space, and was originally constructed in 2025. The current price per square foot is $1,044. The average price per square foot for Condo listings in MIAMI is $428. The average listing price for Condo in MIAMI is $387,999. To schedule a showing of MLS#gc538024 at 121 NE 5TH STREET UNIT 1500 in MIAMI, FL, contact your InvestPro Properties, Inc. agent at 561-203-7022.

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121 NE 5TH STREET UNIT 1500
MIAMI, FL