121 NE 5th # 501B Miami FL 33132 MLS #A11974262
121 NE 5th # 501B
Miami, FL, 33132
$475,000
Beds
1 Baths
0 SqFt
0 Acres
$475,000
121 NE 5th # 501B
Miami, FL, 33132
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Brand New Luxury Condo at 501 First Miami – No Rental Restrictions!
Be the first to own this pristine, newly delivered residence (Unit 501B) in the heart of Downtown Miami. Located in the highly anticipated 501 First Residences, this unit offers the ultimate flexibility with no rental restrictions, making it a premier choice for high-yield short-term rentals (Airbnb/VRBO) or a sophisticated urban lifestyle.
Unit Features:
Modern open-concept layout with floor-to-ceiling glass windows.
Private balcony with stunning city skyline views.
Fully finished and furnished with interiors by award-winning SHIM Projects.
High-end Smeg appliances and custom Italian cabinetry.
In-unit washer/dryer and smart home technology.
Building Amenities:
Experience over 20,000 SF of world-class amenities, including a 75-foot rooftop lap pool, a state-of-the-art fitness center by HOMAGE, a lush rooftop greenhouse, co-working spaces, and a private movie theater.
Strategically located steps away from Miami Worldcenter, Kaseya Center, and the Brightline station. Don’t miss this turnkey investment opportunity!

Property Details

Price:
$475,000
MLS #:
A11974262
Status:
Active
Beds:
0
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 FIRST RESIDENCES
Neighborhood:
501firstresidences
Listed Date:
Mar 1, 2026
Year Built:
2025
High RiseNewconstruction501 First Residences501firstresidences501 First ResidencesNoneOk To LeaseDogs Ok

Schools

Interior

Appliances
Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Bathrooms
1 Full Bathroom
Cooling
Central Air, Electric
Flooring
Ceramic Floor, Tile
Heating
Central, Electric
Interior Features
Walk-In Closet(s)

Exterior

Architectural Style
High Rise
Association Amenities
Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Heated Pool, Spa/Hot Tub
Covered Spaces
1
Exterior Features
Barbeque
Garage Spaces
1
New Construction YN
1
Parking Features
1 Space, Covered
Security Features
Fire Alarm, Card Entry, Lobby Secured
View
None

Financial

HOA Fee
$563
HOA Fee Frequency
Monthly
Tax Year
2026
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Current real estate data for Condo in Miami as of May 24, 2026
4,796
Condo Listed
159
Avg DOM
677
Avg $ / SqFt
$1,007,348
Avg List Price

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Property Summary

    Located in the 501 FIRST RESIDENCES subdivision, 121 NE 5th # 501B Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $475,000 and features 0 beds, 1 baths, and has approximately 0 square feet of living space, and was originally constructed in 2025. The average price per square foot for Condo listings in Miami is $677. The average listing price for Condo in Miami is $1,007,348.
121 NE 5th # 501B
Miami, FL