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Current MLS Property Details

121 NE 5 Street 1500, Miami, FL 33132

Miami, FL, 33132
121 NE 5 Street 1500, Miami, FL 33132

About This Property

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.

Property Details

Property Type Condominium
Subdivision 501 First Residence
Development 501 First Residence
County Miami-Dade
Waterfront Yes
Association Fee $674 Monthly
Original List Price $488,000
MLS ID A11977341
Updated Aug 26, 2026
Quick Payment Estimate

What might this home cost each month?

Starting rate: 6.66% 30 year fixed national average · updated Aug. 27, 2026
$
%
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$ /mo
Estimated principal & interest $0/mo
P&I + HOA / condo $0/mo
Taxes, insurance, flood coverage and PMI are not included here. HOA / condo fee prefilled from MLS Rate is editable and is not a lender quote.
Listing Office: Non-MLS Member • 123-123-1234
Listing Agent: Salesperson Non Member • 123-123-1234
MLS ID: A11977341
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.
Property Location

Where is this property?

121 NE 5 Street 1500, Miami, FL 33132 · Miami, FL, 33132
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