Property
ActiveCondo
1/36
$478,000

121 NE 5TH STREET 1500

Miami, FL 33132
1
Beds
1
Baths
458
SqFt
0
Acres
STELLAR
#GC538024
Updated: Jun 5, 2026, 6:23am

Property 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.
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Included Appliances
Convection OvenDishwasherDisposalDryerElectric Water HeaterMicrowaveRange HoodRefrigeratorWasher

Property Details

Highlights
Waterfront
Yes
Interior
Appliances
Convection OvenDishwasherDisposalDryerElectric Water HeaterMicrowaveRange HoodRefrigeratorWasher
Bathrooms Total Decimal
Yes
Building Area Total
458
Cooling
Central Air
Floor Number
15+
Flooring
Ceramic Tile
Furnished
Furnished
Heating
CentralElectricHeat Pump
Interior Features
Ceiling Fan(s)ElevatorHigh CeilingsLiving Room/Dining Room ComboOpen FloorplanSolid Surface CountersWalk-In Closet(s)
Laundry Features
Laundry Closet
Living Area
458
Rooms Total
4
Construction
Building Area Source
Builder
Building Area Units
Square Feet
Construction Materials
BlockConcrete
Direction Faces
South
Foundation Details
Concrete PerimeterSlab
Levels
One
Living Area Source
Builder
Living Area Units
Square Feet
New Construction
Yes
Property Condition
Completed
Roof
Built-UpOther
Stories Total
40
Year Built
2025
Site & Exterior
Covered Spaces
Yes
Exterior Features
BalconyOutdoor GrillPrivate EntranceSidewalk
Flood Zone Code
12086C
Garage Spaces
Yes
I D X Participation
Yes
Number Of Lots
3
Road Surface Type
Concrete
Sewer
Public Sewer
Total Acreage
0 to less than 1/4
Utilities
Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedPublicWater AvailableWater Connected
Water Source
Public
Water View
Yes
Waterfront
Yes
Waterfront Features
Bay/Harbor
Waterfront Feet Total
4752
Zoning
RESI
Financials
Additional Parcels
Yes
Association Fee Frequency
Monthly
Association Fee Includes
24-Hour GuardCable TVCommunity PoolInternetMaintenance StructureMaintenance GroundsPool MaintenanceTrashWater
Calculated List Price By Calculated Sq Ft
1043.67
Condo Fees
674
Condo Fees Term
Monthly
Contract Status Change Date
2026-03-01
Current Price
478000
Feed Types
BBO
Lease Considered
Yes
Minimum Lease
No Minimum
Monthly Condo Fee Amount
674
Owner Name
JING WANG
Ownership
Fee Simple
Parcel Number
0000000001500
Tax Annual Amount
10.7
Tax Block
4463
Tax Book Number
35067
Tax Legal Description
1500 of 501 FIRST RESIDENCES CONDOMINIUM
Tax Year
2025
Total Annual Fees
8088
Total Monthly Fees
674

Neighborhood & Lifestyle

Community & Association
Association Email
Talita.Dias@marquishoa.com
Association Fee Requirement
Required
Association Name
Talita Dias
Association Phone
305-395-7215
Community Features
ClubhouseFitness CenterPool
M L S Area Major
33132 - Miami
Max Pet Weight
65
Pets Allowed
Yes
Subdivision Name
501 FIRT RESIDENCES CONDOMINIUM
Listing provided courtesy of STELLAR via IDX. Updated: Jun 5, 2026, 6:23am.
Ying Yan

Listing Agent

FLORIDA HOMES REALTY & MORTGAGE GVILLE

Call Agent