New listingMLS® B26094312

$820,000

121 NE 5TH Street 1501, Miami, FL 33132

Beds: 2
Baths: 2
Sqft: 835

Est. payment$6,819/mo

Home type: Condominium
Year built: 2025
Lot size: 0 sqft
Price / sqft: $982
HOA: $1,300/mo
Community: 501 First

Property 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 activity

Days on market: 1
Listed: Oct 29, 2026
MLS listing updated: Oct 30, 2026
Feed last checked: 3 minutes ago

Listed by Bart M Simon · INNOVO PROPERTY GROUP INC

Map

Map location is based on MLS-supplied coordinates. Verify the location before relying on it.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Bathrooms (decimal): 2
Full bathrooms: 2
Half bathrooms: 0
Main-level bedrooms: 2
Main-level bathrooms: 2

Rooms & features

Rooms: 3
Interior features: None
Flooring: Ceramic Tile, Tile
Appliances: Electric Cooktop, Cooktop, Dishwasher, Dryer, Oven, Refrigerator, Washer
Laundry: In Hall
Fireplace: No
Window features: Solar Screens

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 1
Garage: Yes
Carport: No
Parking spaces: 1
Covered spaces: 1
Parking features: Attached Garage, Garage
Attached garage: Yes

Exterior

Stories: 40
Building area: 835 sqft
Pool: No
View: City, Skyline
Waterfront property: No

Lot

Lot size: 0 sqft
Lot size (acres): 0 acres
Zoning: 6401

Construction

Type & style

Home type: Condominium
Structure type: Multi Family
Year built: 2025
New construction: No

Materials

Construction: Concrete, Concrete Block - No Stucco
Roof: Other
Property condition: Resale
Levels: One
Faces: Southeast

Utilities & green energy

Utilities

Sewer: Public Sewer
Water: Public
Utilities: Water Connected

Community & HOA

Community

Subdivision: 501 First
MLS area: 2410
MLS subarea: DADE
Security: Lobby - Attended
Pets allowed: Call, Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,300 monthly
Estimated monthly dues: $1,300
Amenities: Maintenance, Pool, Community Room, Fitness Center, Spa/Hot Tub
Services included: Security, Trash, Water

Lease details

Not reported by the listing source.

Location

Area details

City: Miami
County: Miami-Dade
ZIP code: 33132

Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number: B26094312
Possession: Negotiable
Original list price: $820,000
Parcel number: 0141010080460
Annual property tax: $10,252.94
Tax year: 2026
Assessed value: $529,200
Tax legal description: 501 FIRST RESIDENCES CONDO UNIT 1501UNDIV 0.31352% INT IN COMMON ELEMENTS OFF REC 35067-4463
Special listing conditions: Standard

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Community Room, Fitness Center, Spa/Hot Tub
Association Fee Frequency: Monthly
Association Fee Includes: Security, Trash, Water
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 835
Construction Materials: Concrete, Concrete Block - No Stucco
County Or Parish: Miami-Dade
Days On Market: 1
Direction Faces: Southeast
Elementary School: Frederick Douglass
High School: Booker T. Washington
Laundry Features: In Hall
List Price: 820000
Listing Contract Date: 2026-10-29
Living Area: 835
Lot Size Acres: 0
Lot Size Area: 0
MLSArea Major: 2410
MLSArea Minor: DADE
Main Level Bathrooms: 2
Main Level Bedrooms: 2
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-10-29
Parking Total: 1
Photos Count: 22
Postal Code: 33132
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 3
Security Features: Lobby - Attended
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-10-29T23:52:22Z
Stories Total: 40
Subdivision Name: 501 First
Tax Assessed Value: 529200
Water Source: Public
Tax Annual Amount: 10252.94
Bathrooms Full: 2
Pool Private: No
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 1300

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Oct 29, 2026	ListedBeachesMLS	$820,000$982/sqft

Public tax history

Year	Property taxes	Assessment
2026	$10,253	$529,200

Payment calculator

Estimated monthly payment$6,819/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $4,255
Property taxes: $854
Insurance: $410
Association dues: $1,300

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

501 First

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary

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Jose De DiegoMiddle

—

Booker T. WashingtonHigh

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School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes