121 NE 5TH Street 1501, Miami, FL 33132 (MLS# B26094312)

121 NE 5TH Street 1501, Miami, FL 33132

New Listing
$820,000
Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 835 Status: Active
Current Price: $820,000 List Date: 10/29/2026 Last Modified: 10/30/2026

Overview

Description

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!

Listing Details MLS# B26094312

General Property Information

Unit Floor #
15
Property Sub Type
Condominium
Bedrooms Total
2
Bathrooms Total
2
Bathrooms Full
2
Building Area Main
835
Building Area Source
Builder
Living Area Main
835
Living Area Source
Builder
Adjusted Area Main
835
Accessibility Features YN
No
Year Built
2025
Garage YN
Yes
Attached Garage YN
Yes
Garage Spaces
Yes
Covered Spaces
Yes
Parking Total
Yes
Gated Community YN
No
Senior Community YN
No
Stories Total
40
Stories
Yes
Direction Faces
Southeast
Fireplace YN
No
Pool Private YN
No
Washer/Dryer Allowed YN
Yes
LP/Assessed Value
1.55

Property Features

Association Amenities: Maintenance Association Fee Includes: Security; Trash; Water Flooring: Ceramic Tile; Tile Leasing Permitted Details: Okay To Lease; Okay To Lease During First Year; Short Term Rentals Allowed Parking Features: Attached Garage; Garage Property Condition: Resale Special Listing Conditions: Standard Appliances: Dishwasher; Dryer; Electric Cooktop; Oven; Refrigerator; Washer; Cooktop Construction Materials: Concrete; Concrete Block - No Stucco Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: None Laundry Features: In Hall Levels: One Listing Terms: Cash; Conventional Main Living Area: Entry Level Pets Allowed YN: Yes Pets Allowed: Call Possession: Negotiable Restrictions: See Remarks Roof: Other Security Features: Lobby - Attended Sewer: Public Sewer Structure Type: Multi Family Tax Information: No Homestead Utilities: Water Connected View: Skyline Water Source: Public Window Features: Solar Screens

Contract Information

Comp Sale YN
No
Original List Price
820000
Negotiable Seller Concessions YN
Yes
Occupant Type
Call Listing Agent
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Miami-Dade
Street Number
121
Street Direction Prefix
NE
Street Name
5TH
Street Suffix
Street
Unit Number
1501
Municipality Type
Incorporated
Municipal Code
01
State Or Province
FL
Postal Code
33132
Postal Code +4
2623
Subdivision Name
501 First
Area
2410
Geographic Area
DADE
Elementary School
Frederick Douglass
Middle Or Junior School
Jose De Diego
High School
Booker T. Washington
Special Assessment YN
No
Parcel Number
0141010080460
Subdivision Number
8
Zoning
6401

Financial Information

Association YN
Yes
Association Deposit YN
No
Association Fee
1300
Association Fee Frequency
Monthly
Association Membership
Mandatory
Association Email
TBD
Master Association YN
No
Estimated Monthly Assoc Recurring Fee
1300
Membership Fee Required YN
No
Tax Annual Amount
10252.94
Tax Year
2026
Tax Assessed/SOH Value
529200
Tax Legal Description
501 FIRST RESIDENCES CONDO UNIT 1501UNDIV 0.31352% INT IN COMMON ELEMENTS OFF REC 35067-4463
Assessor Market Value
529200

Status Change Information

Major Change Timestamp
2026-10-29T23:52:22Z
Major Change Type
New Listing
Status Change Date
2026-10-29

More Information

Leasing Permitted Details

Leasing Permitted YN
Yes

Main Level Rooms

Main Level Bathrooms
2
Main Level Bedrooms
2

Pet Details

Pet Fee YN
No

Price Calculations

Current Price To SqFt
982.03

Originating Details

Originating System Key
20261029230849301450000000
Originating System ID
M00000170

Room Information

Room Name
Kitchen
Living Room
Master Bedroom
IDX
Listing Office: INNOVO PROPERTY GROUP INC
Source MLS Verified
Last Updated: October - 30 - 2026
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