About 121 Ne 5th Street 1500
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.
Features of 121 Ne 5th Street 1500
| MLS® # | GC538024 |
|---|---|
| Price | $478,000 |
| Bedrooms | 1 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Square Footage | 458 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 121 Ne 5th Street 1500 |
|---|---|
| Area | Miami |
| Subdivision | 501 FIRT RESIDENCES CONDOMINIUM |
| City | MIAMI |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33132 |
Amenities
| # of Garages | 1 |
|---|---|
| Is Waterfront | Yes |
| Waterfront | Bay/Harbor |
| Has Pool | No |
Interior
| Interior Features | Ceiling Fan(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s) |
|---|---|
| Appliances | Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer |
| Heating | Central, Electric, Heat Pump |
| Cooling | Central Air |
| Fireplace | No |
| # of Stories | 40 |
Exterior
| Exterior Features | Balcony, Outdoor Grill, Private Entrance, Sidewalk |
|---|---|
| Roof | Built-Up, Other |
| Foundation | Concrete Perimeter, Slab |
Additional Information
| Date Listed | March 1st, 2026 |
|---|---|
| Days on Market | 184 |
| Zoning | RESI |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | FLORIDA HOMES REALTY & MORTGAGE GVILLE |
|---|