Back to Search
121 NE 5TH STREET 1500 photo 1
121 NE 5TH STREET 1500 photo 2
121 NE 5TH STREET 1500 photo 3
121 NE 5TH STREET 1500 photo 4
121 NE 5TH STREET 1500 photo 5
121 NE 5TH STREET 1500 photo 6
121 NE 5TH STREET 1500 photo 7
121 NE 5TH STREET 1500 photo 8
121 NE 5TH STREET 1500 photo 9
121 NE 5TH STREET 1500 photo 10
121 NE 5TH STREET 1500 photo 11
121 NE 5TH STREET 1500 photo 12
121 NE 5TH STREET 1500 photo 13
121 NE 5TH STREET 1500 photo 14
121 NE 5TH STREET 1500 photo 15
121 NE 5TH STREET 1500 photo 16
121 NE 5TH STREET 1500 photo 17
121 NE 5TH STREET 1500 photo 18
121 NE 5TH STREET 1500 photo 19
121 NE 5TH STREET 1500 photo 20
121 NE 5TH STREET 1500 photo 21
121 NE 5TH STREET 1500 photo 22
121 NE 5TH STREET 1500 photo 23
121 NE 5TH STREET 1500 photo 24
121 NE 5TH STREET 1500 photo 25
1 / 25

121 NE 5TH STREET 1500

Miami, FL, 33132

Active

$478,000

1

Bedrooms

1

Bathrooms

458 sqft

Living Area

2025

Year Built

92

Days on Market

Dock & Water AccessMLS

Bay/Harbor

Data sources: SFWMD AHED waterway polygons · FHWA National Bridge Inventory 2024 · Not provided by the MLS or listing broker.

Description

A big price improvement ! 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.

Schedule a Showing

See the property. A licensed waterfront specialist will arrange your private showing.

Select a date

Location

Miami, FL, 33132

No price history available for this property.

Displayed by Blue Mar Real Estate Group Inc., Licensed Florida Real Estate Broker (DBPR CQ1018554) · [email protected]

Listing courtesy of FLORIDA HOMES REALTY & MORTGAGE GVILLE via Stellar MLS

Last checked: 4 hours ago

Listing updated: June 5, 2026

© 2026 Stellar MLS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange (IDX) program of Stellar MLS. Information is deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

FEMA Flood Zone X

Minimal Flood Hazard

View FEMA Flood Map →

Mortgage Calculator

Estimate your monthly payment for this waterfront property

20%

$95,600 down

%
Principal & Interest$2,480/mo
Property Tax (est. ~1.2%, varies by county)$478/mo
Home Insurance (est.)$250/mo
Total Monthly Payment$3,208
Loan Amount: $382,400Rate: 6.75%
Get Pre-Qualified

Estimated payments only. Actual rates and terms may vary.

$478,000Tour the dockSchedule a Showing