22 days on market$529,900
121 NE 5th Street Unit 1413Miami, FL, 33132
- 1 bed
- 2 baths
- 531 sqft
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121 NE 5th Street Unit 1500Miami, FL, 33132
1beds
1baths
458sqft
Condominium
Built in 2025
$478,000
For sale
$488,000−$10,000 (2%)Reduced Jun 5, 2026
- Price per sqft
- $1,044
- Days on market
- 255
- Listed
- Mar 1
MLS #GC538024Updated Jun 5, 2026
About this property
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.
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Property details
- Property type
- Condominium
- Street address
- 121 NE 5th Street Unit 1500
- City
- Miami
- State
- FL
- ZIP code
- 33132
- Year built
- 2025
- New construction
- Yes
- Faces
- South
- Rooms
- 4
- Building stories
- 40
- Living area
- 458 sqft
- Total building area
- 458 sqft
- Levels
- One
The data relating to real estate displayed on this website comes in part from the Internet Data Exchange (IDX) Program of Stellar MLS. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; the availability of any listing should always be independently verified. Listing information is provided for consumers' personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law.Stellar (MFR) data last updated at November 11, 2026 at 1:47 PM ESTPrice & sale history
Asking price reduced by $10,000 (2%) since first listed.
| Date | Event | Price | Change from previous recorded asking price |
|---|---|---|---|
| Price reducedMLS #GC538024 | $478,000Change: −2%−$10,000 | −2%−$10,000 | |
| Listed for saleMLS #GC538024 | $488,000 | Not applicable |
History may be incomplete.
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