Condominium
121 NE 5TH Street # 1501
121 NE 5TH Street # 1501, Miami FL 33132 Get directions
$820,000
2 Beds · 2 Baths · 835 SqFt
See estimated monthly costThis listing is courtesy of INNOVO PROPERTY GROUP INC. Bart M Simon
Overview
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!
Facts & features
Interior
- Living area (sq ft)
- 835
- Full bathrooms
- 2
- No Interior Features
Building & exterior
- Year built
- 2025
- Garage spaces
- 1
- Covered spaces
- 1
- Pool
- Yes
- 1 Space
- Parking Garage
HOA (homeowners association)
- Association fee
- $1,300 per month
- Community Room
- Community Pool
- Exercise Room
- Maintained Community
- Pool
- Private Pool
- Daily Rentals Allowed
- See Broker Remarks
- Yes
Taxes
- Annual tax
- $10,252
- Tax year
- 2026
- Parcel number
- 01-41-01-008-0460
Listing
- MLS number
- B26094312
- Property type
- Condominium
- Price per SqFt
- $982
- Subdivision
- 501 First
- On market since
- Oct 29, 2026
- Days on market
- 1
Estimated monthly cost
$6,916 per month
- Principal & interest (30 yr)
- $4,146
- Property tax
- $854
- Insurance (estimated)
- $615
- Association fee
- $1,300
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- RJW The Academy of Arts Sciences
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- Frederick Douglass Elementary
- Miami-Dade Online Academy
- iPrep Academy
- Primary Learning Center
- School Board Adm -Garage
- Chapman Partnership Early Childhood Center North
- Key Point Academy Downtown
Similar homes nearby
Active listings within two miles, with a comparable size and price.
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Miami Life Realty LLC
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Realty One Group Estates
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