18
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 544 Sq Ft
  • Area Size
121 NE 5th St # 802, Miami FL 33132 | Miami-Dade County | A12118129
  • $550,000

Description

501 First best floorplan!!! Modern 1 Bed + Den condominium located in the heart of Downtown Miami. This unit features 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, presenting an excellent 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 supports comfort, security and strong rental demand. With the best location this 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 2025 one-bedroom, two-bath condominium is located at 121 NE 5th St # 802, Miami, FL 33132, within the 501 First building. The unit offers 544 square feet of living space and is listed for $550,000. The building is new, and this specific residence is delivered fully furnished. Monthly homeowners association fees are $890. The property is described as having a modern layout that includes a den, maximizing functionality within the square footage. It is situated in downtown Miami, close to dining, entertainment, shopping, and transit options. The building features resort-style common areas and premium amenities designed for comfort and security. There are no rental restrictions, allowing for short-term or long-term rental income or personal use. For additional details regarding the property’s specific features or to arrange a viewing, please call 305-859-4733.

Frequently Asked Questions

What are the size and layout of the property?

The property is a 1-bedroom, 2-bath condominium with 544 square feet of living area.

What is the sale price and monthly HOA fee?

The sale price is $550,000, and the monthly homeowners association fee is $890.

When was the building constructed?

The building was constructed in 2025.

Is the unit furnished?

Yes, the unit is delivered fully furnished.

Are there restrictions on renting the property?

No, the unit has no rental restrictions, allowing for short-term or long-term rental use.

What amenities does the building offer?

The building features top-of-the-line amenities, including resort-style common areas and premium building features that support comfort and security.

Monthly Fees & Carrying Costs

Association Fee $890 / month
Total Monthly Fees $890 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of Brickell Realty Group International.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

  • Address: 5th St
  • City: Miami
  • Zip/Postal Code: 33132

Details

Updated on November 7, 2026 at 8:53 pm
  • Property ID A12118129
  • Price $550,000
  • Property Size 544 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathrooms 2
  • Year Built 2025
  • Property Status Active, Residential

Additional details

  • View Other View
  • Cooling Central Air
  • Heating Central
  • Tax Year 2026
  • Flooring Ceramic Floor
  • Unit Floor 8
  • Unit Number 802
  • Building 501 1ST AVE
  • Garage Spaces 0
  • Listing Terms All Cash, Conventional
  • Area 501 1st Ave
  • Total Stories 40
  • Waterfront No
  • Association Yes
  • Full Bathrooms 2
  • Half Bathrooms 0
  • Covered Spaces 0
  • Style Condo 5+ Stories
  • Private Pool No
  • Structure Type Condo 5+ Stories, Condo
  • Association Fee 890
  • Parking 1 Space, Valet
  • Subdivision 501 1ST AVE
  • Annual Tax 0
  • Year Built Details New Construction
  • Building Area 544
  • Lot Size (Sq Ft) 0
  • New Construction Yes
  • Attached Yes
  • Bedroom Features Entry Level
  • Amenities Bar, Business Center, Cabana, Elevator(s), Exercise Room, Kitchen Facilities
  • Restrictions Other Restrictions
  • Construction Concrete Block Construction
  • Pets Allowed Yes
  • Patio / Porch Deck
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Maintenance Includes Building Exterior, Cable Tv, Common Area, Elevator, Outside Maintenance
  • Membership Purchase Required No

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
✉