Condominium at 501 First Residence in Miami

$478,000

Brickellsold Estimate* (fallback: list price)$478,000 (list price)

For Sale

bedrooms

n/a

bathroom

Square Footage

458

Type of Property

Condominium, Residential

Details

Overview

Sub Type

Condominium

Price Per Sqft

$1,044/sqft

Built In

2025

Association Fee

$674/mo HOA

Taxes

$1,007/yr

Description

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.

This condominium home located at 121 NE 5 ST # 1500, Miami FL 33132 is currently for sale and has been available on Brickellsold for 121 days. This property is listed at $478K. It has N/A beds, 1 bathrooms, and is 458 square feet. It was built in 2025. 121 NE 5 ST # 1500, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bathrooms

Bathrooms Full

Features

Flooring: Ceramic Floor
Common walls with other units/homes:

Heating

Central, Electric

Cooling

Ceiling Fan(s), Central Air

Appliances

Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator

Total structure area

458

Total interior livable area

458 sqft

Property

Parking

Covered Spaces: 1
Parking Features: 1 Space,Valet
Garage Spaces: 1

Parcel Number

00-00-00-000-0000

Features

Entry location: Lobby, First Floor Entry, Elevator, Skylight
Exterior Features: East Of Us1, West Of Us1, Barbeque, Open Balcony
Has View: Yes
View Description: Bay, Ocean View

Construction

Property subtype

Condominium, Residential

Attached to another structure

Yes

Materials

Condition

New Construction: Yes
Year Built: 2025

Community & HOA

Community

Security Features: Smoke Detector, Doorman, Elevator Secure, Card Entry, Fire Alarm, Lobby Secured
Subdivision: 501 First Residence

HOA

Has HOA: Yes
Amenities: Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Sauna, Spa/Hot Tub
HOA Fees: $674/mo

Region

Miami

Financial

Price Per Sqft

$1,044/sqft

Taxes

$1,007/yr

Association Fee

$674/mo

On Market Date

2/28/2026

Listing Terms

All Cash, Conventional, FHA, VA Loan

Metadata

Added

3/12/2026

Updated

6/30/2026

MLS#

A11977341

Days on Market

121

Listed By

Florida Homes Realty & Mortgage

Originating MLS

A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

School For Advanced Studies Wolfson • 0.0 mi • K-12
New World School of the Arts • 0.0 mi • K-12
Law Enforcement Officers Memorial Senior High • 0.0 mi • K-12
School Board Adm - Main Building • 0.0 mi • K-12
Anna Brenner Meyers Telecommunication Complex • 0.0 mi • K-12
K-12 Distance Learning • 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Event	Price	Date
Original list price	$488,000	Mar 12, 2026
Current list price	$478,000	Jun 30, 2026

Price History

Irina Karapici

Julie's Realty

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