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121 NE 5TH Street # 1501, Miami FL 33132

Condo/Co-op For Sale
$820,000

BTC: 10.27568922

ETH: 353.44827586

New
2 bds
2 ba
835 sqft

Overview

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!

Location

Details

Type:
Residential
Parking:
1 Space / Parking Garage
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$982
Cooling:
Central Air
HOA:
$1,300

Valuation

Our model vs. what's actually selling nearby.
Estimate
$939,000
$744K – $1.3M
Confidence Low
List vs. estimate
$119K below estimate
List $820,000 · -12.7%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$982
+71.3% vs. city median $573
Based on
46 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $12.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$10,252
2026
HOA
$1,300/mo
Pool
Community
Garage
1 car garage
Pets
Allowed
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Dryer

    • Refrigerator

    • Self Cleaning Oven

    • Wall Oven

    • Washer

    Other interior features

    • No Interior Features

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Parking Garage

    Property

    • Levels: 1

    • Pool Private: Yes

    Other Property Information

    • Parcel Number: 01-41-01-008-0460

    • Zoning: 6401

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Water Available

  • Other financial information

    • HOA: $1,300

    • HOA Frequency: Monthly

    • Annual tax amount: $10,252

  • Source details

    • MLS ID: B26094312

    Other facts

    • Construction Materials: Concrete Block Construction / Concrete Block With Brick

    • Pool Features: Community

    • Direction Faces: Southeast

    • Other Structures: Livable

    • Architectural Style: One Story

    • Garage Spaces: 1

    • Attached Garage: Yes

    • Garage: Yes

    • Living Area: 835

    • Water Source: Public

    • Subdivision Name: 501 First

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: INNOVO PROPERTY GROUP INC