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121 NE 5th Street , Unit 1500, Miami, FL 33132

$488,000
New to the Market
BEDS1 BATHS1 full SQUARE FEET458 MLS#GC538024
MAP LISTING
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132

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121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132
121 NE 5th Street , Unit 1500, Miami, FL 33132

Property Description

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.

121 NE 5th Street , Unit 1500 | MLS# GC538024

This condo located at 121 NE 5th Street , Unit 1500, Miami, FL 33132 is currently listed for sale with an asking price of $488,000. This property was built in 2025 and has 1 bedrooms and 1 full baths with 458 sq. ft. NE 5th Street , Unit 1500 is located in the 501 FIRT RESIDENCES CONDOMINIUM subdivision. Search 501 FIRT RESIDENCES CONDOMINIUM real estate on kloferski.watsonrealtycorp.com today.

Property Features

Property Type: Residential - Condominium
Cooling: Central Air
Garage: 1
Heating: Central, Electric, Heat Pump
Roof Type: Built-Up, Other
Stories: 40.0
Taxes: $10
Year Built: 2025
Square Feet: 458

Amenities

Ceiling Fans(s)
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Walk-In Closet(s)
Balcony
Outdoor Grill
Private Entrance
Sidewalk

Feature Descriptions

Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Community Features: Clubhouse, Fitness Center, Pool
Condo Fee: $674/ Monthly
Days on Site: 3
Directions: Follow I-95 South to NW 3rd Ct in Miami. Take exit 3B from I-95 SDrive to NW 5th St
Exterior: Block, Concrete
Flood Zone Code: 12086C
Flooring: Ceramic Tile
Foundation: Concrete Perimeter, Slab
Frontage Bay Harbor: 4752
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Other Equipment: Private Entrance
Ownership: Fee Simple
Pets Allowed: Yes
Pets Weight (Max): 65
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Lock Box Coded
Special Sale Provisions: None
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Waterfront Features: Bay/Harbor
Water View: Beach
Zoning: RESI

Listed By / Shown By

Listed By

Agency Name: FLORIDA HOMES REALTY & MORTGAGE GVILLE
Agency Contact: 352-240-1133

Shown By

Agent Name: Kim Loferski
Agent Phone: (904) 657-9114
Agency Title: Watson Realty Corp., REALTORS ®

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Estimated Payment

$ 2,496.38 per month $2,353.21 Principal & Interest $0.83 Property Tax $142.33 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/04/2026. The listing information on this page last changed on 03/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 03/04/2026 3:08:26 PM EST) or GAMLS (last updated Wed 03/04/2026 2:55:36 PM EST) or Stellar MLS (last updated Wed 03/04/2026 3:02:07 PM EST) or SPC MLS (last updated Wed 03/04/2026 3:05:06 PM EST) or Martin MLS (last updated Wed 03/04/2026 3:07:30 PM EST) or Indian River MLS (last updated Wed 03/04/2026 3:00:48 PM EST) or Daytona MLS (last updated Wed 03/04/2026 3:07:19 PM EST) or Northeast Florida MLS (last updated Wed 03/04/2026 2:59:49 PM EST) or Beaches MLS (last updated Wed 03/04/2026 2:57:22 PM EST) or BORMLS (last updated Wed 03/04/2026 3:01:40 PM EST) or Golden Isles MLS (last updated Wed 03/04/2026 3:06:12 PM EST) or Amelia/Nassau MLS (last updated Wed 03/04/2026 3:05:27 PM EST) or Dixie Gilchrist Levy MLS (last updated Wed 03/04/2026 3:02:53 PM EST). Real estate listings held by brokerage firms other than Watson Realty Corp., REALTORS ® may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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