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121 NE 5th Street #1500

MIAMI, FL 33132
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Bed 1

Bed

Bath 1

Bath

Acres458

Acres

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 w alkability 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.

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Detail Ic Property Details

Property Type : Residential

Price : $478,000

AD Id : 75706977

MLS Id : MFRGC538024

Beds : 1

Living Area Size : 458

Year Built : 2025

Garage : 1

County : Miami-Dade

Subdivision: Island Ests Of Clearwater

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Feature Features

  • Bedroom Information

    Total Bedroom: 1

    Bathroom Information

    Total Baths: 1 Full Baths: 1

    Interior Features

    Ceiling Fans(s), Elevator, High Ceilings, Living Room/Dining Room Combo, Open Floorplan, Solid Surface Counters, Walk-In Closet(s) Roof: Built-Up, Other Appliances: Convection Oven, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Range Hood, Refrigerator, Washer Laundry Features: Laundry Closet

    Roofing Information

    Built-Up, Other
  • Flooring Information

    Flooring: Ceramic Tile Construction Materials: Block, Concrete
  • Heating & Cooling

    Heating: Central, Electric, Heat Pump Cooling: Central Air Water front: 1 WaterSource: Public

  • Building Information

    Year Built: 2025
  • Exterior Features

    Balcony, Outdoor Grill, Private Entrance, Sidewalk Construction Materials: Block, Concrete Foundation Details: Concrete Perimeter, Slab

  • Property Information

    Property Type: Residential Sub Type: Condominium

  • Listing Price Information

    Original List Price:$488000

  • Tax Information

    Tax Block: 4463 Tax Book Number: 35067 Tax Lot: 0 Tax Legal Description: 1500 of 501 FIRST RESIDENCES CONDOMINIUM Annual Tax: $10.7 Tax Year: 2025 Parcel Number: 00-00-00-000-1500

  • Garage Information

    Has Garage: Yes Garage Space: 1

    Homeowners Association Information

    Included Fees: Guard - 24 Hour, Cable TV, Pool, Internet, Maintenance Structure, Maintenance Grounds, Trash, Water

  • Utility Information

    Cable Available, Cable Connected, Electricity Available, Electricity Connected, Public, Water Available, Water Connected Sewer: Public Sewer Water Source: Public
  • Location Information

    Subdivision: 501 FIRT RESIDENCES CONDOMINIUM City: MIAMI Direction: Follow I-95 South to NW 3rd Ct in Miami. Take exit 3B from I-95 S Drive to NW 5th St
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
1900 N Bayshore Dr #3216, Miami, FL, 33132 $495,000 1 2 867 867 SqFt
1900 N Bayshore Dr #2204, Miami, FL, 33132 $699,000 2 2 1,239 1,239 SqFt
1750 N Bayshore Dr #3311, Miami, FL, 33132 $330,000 1 1 791 791 SqFt
488 NE 18th St #1205, Miami, FL, 33132 $524,999 1 2 710 710 SqFt
275 NE 18th St #1606, Miami, FL, 33132 $380,000 1 1 749 749 SqFt
1750 N Bayshore Dr #5614, Miami, FL, 33132 $675,000 2 2 1,048 1,048 SqFt
1000 Biscayne Blvd #5101, Miami, FL, 33132 $23,800,000 6 7 10,388 10,388 SqFt
488 NE 18th St #4005, Miami, FL, 33132 $550,000 1 2 743 743 SqFt
398 NE 5th St #1407, Miami, FL, 33132 $795,000 1 1 442 442 SqFt
50 Biscayne Blvd #2501, Miami, FL, 33132 $695,000 2 2 1,256 1,256 SqFt
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ByOwner last updated this listing 06/07/2026 @ 18:20

MLS: MFRMLS #GC538024 LISTED BY: Ying Yan, FLORIDA HOMES REALTY & MORTGAGE GVILLE 352-240-1133 SOURCE: MFRMLS (My Florida Regional MLS DBA Stellar MLS) (Listings courtesy of MFRMLS (My Florida Regional MLS DBA Stellar MLS) as distributed by MLS GRID)

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