Property Description

Brand New Luxury Condo at 501 First Miami – No Rental Restrictions!
Be the first to own this pristine, newly delivered residence (Unit 501B) in the heart of Downtown Miami. Located in the highly anticipated 501 First Residences, this unit offers the ultimate flexibility with no rental restrictions, making it a premier choice for high-yield short-term rentals (Airbnb/VRBO) or a sophisticated urban lifestyle.
Unit Features:
Modern open-concept layout with floor-to-ceiling glass windows.
Private balcony with stunning city skyline views.
Fully finished and furnished with interiors by award-winning SHIM Projects.
High-end Smeg appliances and custom Italian cabinetry.
In-unit washer/dryer and smart home technology.
Building Amenities:
Experience over 20,000 SF of world-class amenities, including a 75-foot rooftop lap pool, a state-of-the-art fitness center by HOMAGE, a lush rooftop greenhouse, co-working spaces, and a private movie theater.
Strategically located steps away from Miami Worldcenter, Kaseya Center, and the Brightline station. Don’t miss this turnkey investment opportunity!

Features
Swimming Pool
Heating System
Cooling System
View
Pet Allowed:
Yes, Dogs Ok
Security
Appliances
Architectural Style
Association Amenities
Parking Features
Address Map
State:
FL
County:
Miami-Dade
City:
Miami
Zipcode:
33132
Street:
121 Ne 5th 501b, Miami, Florida 33132
Longitude:
W81° 48' 23''
Latitude:
N25° 46' 27''
MLS Addon
Association Fee:
$563
Association Fee Frequency:
Monthly
Bathrooms Total:
1
Cumulative DOM:
18
DOM:
18
Development Status:
New Construction
Electric
Exterior Features
Flooring:
Tile, Ceramic Tile
Garage Spaces:
1
Interior Features
Internet Address Display:
1
Internet Listing Display:
1
Listing Terms:
Cash, Conventional
New Construction:
1
Parcel Number:
01-02-06-020-1150
Stories Total:
40
Subdivision Name:
501 FIRST RESIDENCES
Tax Year:
2026
Utilities
Virtual Tour:
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Residential For Sale

121 Ne 5th 501b, Miami, Florida 33132, Miami, Florida 33132

1 Bathrooms
$475,000
MLS # #A11974262
Basic Details
Property Type :
Residential
Listing Type :
For Sale
Price :
$475,000
Bathrooms :
1
Year Built :
2025
MLS # :
A11974262
Property Sub Type :
Condominium
Agent info
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