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121 NE 5th # 501B, Miami FL 33132 | Miami-Dade County | A11974262
  • $475,000

Description

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!

Address

Open on Google Maps
  • Address: 5th
  • City: Miami
  • Zip/Postal Code: 33132

Details

Updated on June 8, 2026 at 1:04 pm
  • Property ID A11974262
  • Price $475,000
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Year Built 2025
  • Property Status Active

Additional details

  • StreetDirPrefix NE
  • LivingAreaUnits Square Feet
  • Flooring Ceramic Floor, Tile
  • PhotosCount 31
  • RoomBedroomFeatures Studio
  • ViewYN No
  • Cooling Central Air, Electric
  • SecurityFeatures Fire Alarm, Card Entry, Lobby Secured
  • MIAMIRE_NARRulesYN Yes
  • MIAMIRE_TypeofAssociation Condo
  • BuildingName 501 FIRST RESIDENCES
  • AssociationFeeFrequency Monthly
  • HeatingYN Yes
  • ListingKeyNumeric 436240673
  • MLSAreaMajor 501 First Residences
  • TaxAnnualAmount 0
  • BathroomsTotalDecimal 1
  • AssociationYN Yes
  • MlsStatus Active
  • StreetNumber 121
  • ListingKey b291ac9b8b3c26f0015a1c4be93eae46
  • MIAMIRE_AddressInternetDisplay 121 NE 5th 501B
  • PoolPrivateYN No
  • ListingTerms All Cash, Conventional
  • Possession Other
  • WaterfrontYN No
  • BathroomsFull 1
  • SubdivisionName 501 FIRST RESIDENCES
  • InternetAddressDisplayYN Yes
  • StoriesTotal 40
  • MIAMIRE_NumTimesLeasedYear 360
  • MIAMIRE_Restrictions Ok To Lease
  • PetsAllowed Dogs OK
  • MIAMIRE_MaintenanceIncludes Internet/WiFi, Parking
  • MIAMIRE_BuildingAreaAlternative 6401
  • AssociationAmenities Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Heated Pool, Spa/Hot Tub
  • StreetNumberNumeric 121
  • MIAMIRE_MunicipalCode 1
  • ParkingFeatures 1 Space, Covered
  • Heating Central, Electric
  • MIAMIRE_Area 41
  • StructureType Condo 5+ Stories, Condo
  • BuildingAreaSource Developer
  • ListingAgreement Exclusive Right To Sell
  • ListingId A11974262
  • BuildingAreaUnits Square Feet
  • InternetEntireListingDisplayYN Yes
  • MIAMIRE_MinimumNumofDaysforLease 1
  • InternetAutomatedValuationDisplayYN No
  • TaxYear 2026
  • InternetConsumerCommentYN No
  • CoolingYN Yes
  • LotSizeUnits Square Feet
  • MIAMIRE_SpecialAssessmentYN No
  • GarageYN Yes
  • ListingContractDate 2026-03-01
  • StateOrProvince FL
  • CoveredSpaces 1
  • MIAMIRE_TypeofGoverningBodies Condominium
  • EntryLevel 5
  • PropertyCondition New Construction
  • View None
  • SignOnPropertyYN No
  • YearBuiltDetails New Construction
  • IDXParticipationYN Yes
  • MIAMIRE_CableAvailableYN Yes
  • MIAMIRE_PetsAllowedYN Yes
  • PropertyAttachedYN Yes
  • MIAMIRE_ForLeaseYN No
  • HorseYN No
  • UnitNumber 501B
  • LeasableAreaUnits Square Feet
  • SyndicationRemarks 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!
  • NewConstructionYN Yes
  • GarageSpaces 1
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  • MIAMIRE_OkToAdvertiseList With Written Broker Approval
  • MIAMIRE_Style Condo 5+ Stories
  • AssociationFee 563
  • LotSizeSquareFeet 0
  • Electric Fuse Box
  • ArchitecturalStyle High Rise
  • RoomMasterBathroomFeatures Combination Tub & Shower
  • MIAMIRE_MembershipPurchRqdYN No
  • UnparsedAddress 121 NE 5th # 501B, Miami FL 33132
  • MIAMIRE_Blogging No
  • FeedTypes IDX

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