Miami, FL 33132 121 NE 5th 501B
$475,000
26 more
Presented By: This listing is courtesy of Core Realty Associates, Inc.
Baths • 1
Garage • 1
Home Details
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!
Presented By: This listing is courtesy of Core Realty Associates, Inc.
Interior Features for 121 NE 5th 501B
Bedrooms
Total Bedrooms
Bathrooms
Total Baths1
Other Interior Features
LivingAreaSourceBuilder
Air Conditioning Y/NYes
FlooringCeramic Tile, Tile
Heating Y/NYes
Interior AmenitiesTub Shower, Walk-In Closet(s)
Total Stories40
Other Rooms
Entry Level5
General for 121 NE 5th 501B
AppliancesDryer, Dishwasher, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Washer
Architectural StyleHigh Rise
Assoc Fee Paid PerMonthly
Association AmenitiesBilliard Room, Bike Storage, Clubhouse, Elevator(s), Pool, Spa/Hot Tub
Association Fee IncludesInternet, Parking
CityMiami
CoolingCentral Air, Electric
CountyMiami-Dade
Development StatusNew Construction
ElectricFuses
Entry Location5
Full Baths1
Garage Spaces1
Garage Y/NYes
HOA Fee$563
HeatingCentral, Electric
Lease Considered Y/NNo
Legal Description
Listing TermsCash, Conventional
Lot Size UnitsSquare Feet
MLS Area41
New ConstructionYes
Occupancy TypeVacant
Pets AllowedDogs OK, Yes
Pool FeaturesHeated
PossessionOther
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
RestrictionsOK To Lease
Security FeaturesKey Card Entry, Lobby Secured
Senior Community Y/NNo
Special Listing ConditionsListed As-Is
Standard StatusActive
StatusActive
Subdivision Name501 FIRST RESIDENCES
Tax Annual Amount0
Tax Year2026
Total Rooms0
Unit Number501B
UtilitiesCable Available
ViewNone
Virtual TourClick here
Year Built2025
Year Built DetailsNew Construction
Exterior for 121 NE 5th 501B
Covered Spaces1
Exterior AmenitiesBarbecue
Parking FeaturesCovered, One Space
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Oscar Samuel Mendoza
R-Realtor
