19
  • Type
  • Condominium
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 1
  • Garage
  • 544 Sq Ft
  • Area Size
121 NE 5th St # 2102, Miami FL 33132 | Miami-Dade County | A12023677
  • $625,000

Description

Best deal at 501 First! Modern 1 Bed + Den condominium located in the heart of Downtown Miami, with exceptional views and prime positioning within the building. This unit is one of the few in the area featuring no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility. Delivered fully furnished in a brand-new building, the residence has never been occupied, presenting a true turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that support both comfort and strong rental demand. With the best location and one of the most desirable views in the building, the smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside.

Property Overview

This modern 1 bedroom, 2 full bathroom condominium is part of the new 501 First Avenue building in downtown Miami. Built in 2026, the unit has never been occupied and is delivered fully furnished, making it a true turnkey opportunity. Spanning 544 square feet, the smart layout makes efficient use of space while offering views that are among the best in the building. Located at 121 NE 5th St #2102, the unit benefits from no rental restrictions, allowing for both short-term and long-term use. This provides flexibility for personal living or investment with potential for rental income. The building is designed with top-of-the-line amenities that support comfort and appeal, including resort-style common areas and features that cater to modern urban living. Residents enjoy a prime downtown location with easy access to dining, entertainment, shopping, and public transit. With an HOA fee of $890 and a price of $625,000, this property offers a strong value in one of Miami's most sought-after areas. For more details or to schedule a visit, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does this unit have?

This unit is a 1-bedroom, 2-full-bathroom condominium with no half-bathrooms.

What are the HOA fees for this unit?

The HOA fee for this unit is $890 per month.

Is there any rental restriction on this unit?

No, this unit has no rental restrictions, making it suitable for both short-term and long-term rental use or personal occupancy.

What is the size of the unit?

The living area of the unit is 544 square feet.

What amenities are available in the building?

Residents have access to top-of-the-line amenities, including resort-style common areas and premium building features designed to enhance comfort and lifestyle.

Where is the unit located, and what are the nearby conveniences?

The unit is located in the heart of Downtown Miami, steps away from top dining, entertainment, shopping, and transit options.

Monthly Fees & Carrying Costs

Association Fee $890 / month
Total Monthly Fees $890 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)
  • Address: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: 501 1ST AVE

Details

Updated on June 20, 2026 at 7:41 am
  • Property ID A12023677
  • Price $625,000
  • Property Size 544 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 2026
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Ceramic Floor
  • Bedroom Features Entry Level
  • Cooling Central Air
  • Association Type Condo
  • Building 501 1ST AVE
  • Association Fee Frequency Monthly
  • Area 501 1st Ave
  • Annual Tax 0
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional, Cryptocurrency
  • Waterfront Yes
  • Full Bathrooms 2
  • Subdivision 501 1ST AVE
  • Total Stories 40
  • Restrictions No Restrictions
  • Maintenance Includes Cable Tv, Internet/WiFi
  • Amenities Bar, Business Center, Cabana, Clubhouse-Clubroom
  • Parking 1 Space, Valet
  • Heating Central
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2026
  • Construction Concrete Block Construction
  • Building Area 544
  • Covered Spaces 1
  • Unit Floor 21
  • Frontage Bay
  • View Bay, Skyline
  • Year Built Details New Construction
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 2102
  • Inclusions None
  • Half Bathrooms 0
  • Patio / Porch Deck, Open Balcony
  • New Construction Yes
  • Garage Spaces 1
  • Style Condo 5+ Stories
  • Association Fee 890
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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