10
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 835 Sq Ft
  • Area Size
121 NE 5TH Street # 1501, Miami FL 33132 | Miami-Dade County | B26094312
  • $820,000

Description

15th-floor corner 2BR/2BA at 501 First Residences in Downtown Miami! Brand-new and fully furnished, this turnkey residence features panoramic Biscayne Bay and skyline views, floor-to-ceiling impact glass, a private balcony, Italian cabinetry, and premium appliances. Flexible daily and short-term rentals offer excellent investment potential as soon as you close or personal use. Enjoy 20,000+ SF of resort-style amenities, including rooftop pool, spa, fitness center, lounges, concierge, and 24-hour security. Steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, and Bayfront Park. Easy to show!

Property Overview

This 2025 construction condo at 121 NE 5th Street #1501 offers 835 square feet of living space with two bedrooms and two full baths. Located on the 15th floor of the 501 First Residences building in downtown Miami, the corner unit includes floor-to-ceiling impact glass, a private balcony, Italian cabinetry, and premium appliances. The residence is fully furnished and features views of Biscayne Bay and the city skyline. The monthly HOA fee is $1,300 and covers access to over 20,000 square feet of amenities, including a rooftop pool, spa, fitness center, lounges, concierge services, and 24-hour security. The building is located near Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, and Bayfront Park. The listing price is $820,000. For specific details regarding rental regulations or other non-public information, please call 305-859-4733.

Frequently Asked Questions

What are the basic specifications of this condo?

This residence is a two-bedroom, two-bath unit with 835 square feet of living space. It is located on the 15th floor at 501 First Residences in Miami.

Is the property move-in ready?

Yes. The unit is described as turnkey and fully furnished. It was built in 2025 and includes Italian cabinetry, premium appliances, and floor-to-ceiling impact glass.

What are the rental restrictions or allowances?

The property allows for flexible daily and short-term rentals, which provides investment potential as soon as you close, in addition to personal use.

What amenities are included with the building?

The building offers over 20,000 square feet of resort-style amenities, including a rooftop pool, spa, fitness center, lounges, concierge services, and 24-hour security.

What is the location relative to major landmarks?

The condo is located at 121 NE 5th Street, Miami, FL 33132. It is steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, and Bayfront Park.

How much are the HOA fees?

The monthly HOA fee is $1,300. For specific details on what this fee covers or to ask about assessment specifics, please call 305-859-4733.

Monthly Fees & Carrying Costs

Association Fee $1,300 / month
Total Monthly Fees $1,300 / month
  • Membership Required: No

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This listing is courtesy of INNOVO PROPERTY GROUP INC.

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
  • City: Miami
  • Zip/Postal Code: 33132

Details

Updated on October 31, 2026 at 12:44 pm
  • Property ID B26094312
  • Price $820,000
  • Property Size 835 Sq Ft
  • Bedrooms 2
  • Rooms 3
  • Bathrooms 2
  • Year Built 2025
  • Property Status Active, Residential

Additional details

  • Cooling Central Air
  • Heating Central
  • Tax Year 2026
  • Flooring Ceramic Floor, Tile
  • Unit Floor 15
  • Unit Number 1501
  • Garage Spaces 1
  • Listing Terms All Cash, Conventional
  • Area 501 First
  • Total Stories 40
  • Waterfront No
  • Association Yes
  • Full Bathrooms 2
  • Half Bathrooms 0
  • Covered Spaces 1
  • Private Pool Yes
  • Structure Type Condo
  • Association Fee 1300
  • Parking 1 Space, Parking Garage
  • Subdivision 501 First
  • Annual Tax 10252
  • Year Built Details Resale
  • Building Area 835
  • Lot Size (Sq Ft) 0
  • New Construction No
  • Bedroom Features Entry Level
  • Amenities Community Room, Community Pool, Exercise Room, Maintained Community, Pool, Private Pool, Spa/Hot Tub
  • Restrictions Daily Rentals Allowed, See Broker Remarks
  • Construction Concrete Block Construction, Concrete Block With Brick
  • Association Fee Frequency Monthly
  • Maintenance Fee Paid Per Monthly
  • Association Type Condo
  • Maintenance Includes Security, Trash Removal, Water
  • Membership Purchase Required No

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