Listing by Rivó Real EstateMLS® #A12061116
Downtown Miami
For Sale
CONDOMINIUM PRICE REDUCED
121 NE 5 ST # 1500, Miami FL 33132
121 NE 5 ST # 1500, Miami FL 33132
$478,000
₿≈ ₿7.3802
MLS A11977341 · 151 days on market
1
Baths
458
SQUARE FEET
Condominium
Type
2025
Built
$674
HOA / mo
Listing courtesy of
Florida Homes Realty & Mortgage
Ying Yan
MLS® #A11977341
Listing information last updated June 30, 2026
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Overview
This condo in Downtown Miami has 1 bathroom across 458 square feet, and is listed for sale at $478,000 (about $1,044 per square foot). Built in 2025.
Brand new studio at 501 First Residence Condominium in Downtown Miami. Unit 1500 offers 458 SF with floor to ceiling impact windows, private balcony and stunning 180 ` ocean city views. Fully furnished with brand new bed, mattress, desk, stools and sofa -Trunkey and ready for immediate rental income. Luxury amenities include a rooftop pool (40th floor) sunrise & sunset lounge (38th Floor) fitness center, coworking spaces and party room. Near Metro mover, Miami World Center, Brightline Station, Bayfront Park and entertainment. Prime opportunity in Maimi’s high – demand short-term rental market.
Listing history
Price reduced
↓ $10,000 from $488,000 · Jun 30, 2026 · MIAMI MLS
$478,000
Listed for sale
Mar 1, 2026 · MIAMI MLS
$488,000
Days on market
as of today
151 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$674 / mo
Annual property tax (2025)
$1,007
Association type
Homeowners
Waterfront
Waterfront
Pets
Allowed (verify restrictions)
HOA dues include
All AmenitiesCable TvCommon AreaElevatorLandscaping/Lawn MaintenanceOutside MaintenanceParkingPool ServiceTrash Removal
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Property details
MLS #A11977341
Price$478,000
Size458 Square Feet
Bathrooms1
Garage1
Year built2025
TypeCondominium
StatusFor Sale
HOA$674 / mo
Price / Square Feet$1,044
Features & amenities
Barbeque
Dishwasher
Disposal
Dryer
East Of Us1
Electric Range
Electric Water Heater
Elevator
First Floor Entry
Garage Attached
Has a View
Has Cooling System
Has Garage
Has Heating System
Has Waterfront
Home Owners Association
Lobby
Microwave
New Construction
Open Balcony
Property Attached
Refrigerator
Skylight
West Of Us1
Location
121 NE 5 ST # 1500, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$674
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 151 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.