36 photos in the listing
121 5th Street #1500
Miami, FL 33132 · Miami-dade County
$478,000
$488,000
1
Beds
1
Baths
458
Sq ft
2025
Year built
About this home
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.
Facts & features
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Living area
- 458 sq ft
- Stories
- 40
- Flooring
- Ceramic Tile
- Appliances
- Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
- Features
- Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s)
- Cooling
- Central Air
- Heating
- Central, Electric, Heat Pump
Exterior & lot
- Construction
- Block, Concrete
- Roof
- Built-Up, Other
- Features
- Balcony, Outdoor Grill, Private Entrance, Sidewalk
- Waterfront
- Yes
Parking
- Garage spaces
- 1
Financial
- Annual tax
- $10.7
- Tax year
- 2025
- HOA billed
- Monthly
Utilities
- Utilities
- Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
- Water
- Public
- Sewer
- Public Sewer
Property
- Property type
- Condo
- Year built
- 2025
- Subdivision
- 501 Firt Residences Condominium
- Days on market
- 92
Estimate your monthly cost
Twenty percent down over thirty years at 6.5%. Insurance is not included.
- Principal & interest
- $2,417
- Property tax
- $1
- Estimated monthly
- $2,418
Location
Similar homes nearby
Listing
- Listed by
- Ying Yan
- Brokerage
- FLORIDA HOMES REALTY & MORTGAGE GVILLE
- MLS number
- MFR783372416
Listing information is deemed reliable but is not guaranteed.