Property Description
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.
Property Features
Property Type: Residential - Condominium
Cooling: Central Air
Garage: 1
Heating: Central, Electric, Heat Pump
Roof Type: Built-Up, Other
Stories: 40.0
Taxes: $10
Year Built: 2025
Square Feet: 458
Amenities
Ceiling Fans(s)
Elevator
High Ceilings
Living Room/Dining Room Combo
Open Floorplan
Solid Surface Counters
Walk-In Closet(s)
Balcony
Outdoor Grill
Private Entrance
Sidewalk
Feature Descriptions
Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer
Community Features: Clubhouse, Fitness Center, Pool
Condo Fee: $674/ Monthly
Days on Site: 4
Directions: Follow I-95 South to NW 3rd Ct in Miami. Take exit 3B from I-95 SDrive to NW 5th St
Exterior: Block, Concrete
Flood Zone Code: 12086C
Flooring: Ceramic Tile
Foundation: Concrete Perimeter, Slab
Frontage Bay Harbor: 4752
HOA Y/N: Yes
Home Warranty Y/N: No
Listing Terms: Cash, Conventional, FHA
Other Equipment: Private Entrance
Ownership: Fee Simple
Pets Allowed: Yes
Pets Weight (Max): 65
Property Attached Y/N: No
Property Sub-Type: Condominium
Sewer: Public Sewer
Showing Instructions: Call Listing Agent, Lock Box Coded
Special Sale Provisions: None
Utilities: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected
Water: Public
Water Access Y/N: No
Waterfront Features: Bay/Harbor
Water View: Beach
Zoning: RESI
Listed By / Shown By
Listed By
Agency Name: FLORIDA HOMES REALTY & MORTGAGE GVILLE
Agency Contact: 352-240-1133
Shown By
Agency Title: Watson Realty Corp., REALTORS ®
Agency Phone: (866) 243-8193
Estimate Your Payment
Estimated Payment
$ 2,496.38 per month $2,353.21 Principal & Interest $0.83 Property Tax $142.33 Homeowner's InsuranceChange Payment Information
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121 NE 5th Street , Unit 1500 | MLS# GC538024
This condo located at 121 NE 5th Street , Unit 1500, Miami, FL 33132 is currently listed for sale with an asking price of $488,000. This property was built in 2025 and has 1 bedrooms and 1 full baths with 458 sq. ft. NE 5th Street , Unit 1500 is located in the 501 FIRT RESIDENCES CONDOMINIUM subdivision. Search 501 FIRT RESIDENCES CONDOMINIUM real estate on www.watsonrealtycorp.com today.