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Current MLS Property Details

121 NE 5th 501B, Miami, FL 33132

Miami, FL, 33132
121 NE 5th 501B, Miami, FL 33132

About This Property

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!

Property Details

Property Type Condominium
Subdivision 501 FIRST RESIDENCES
Development 501 FIRST RESIDENCES
County Miami-Dade
Waterfront No
Association Fee $563 Monthly
Original List Price $475,000
MLS ID A11974262
Updated Aug 18, 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: Core Realty Associates, Inc. • 786-457-3153
Listing Agent: Volkan Yetmisbir • 305-469-7075
MLS ID: A11974262
Property information is displayed from the site's BeachesMLS IDX data feed. Information is subject to change and should be independently verified.