About 121 Ne 5th #501b
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!
Features of 121 Ne 5th #501b
| MLS® # | A11974262 |
|---|---|
| Price | $475,000 |
| Bathrooms | 1.00 |
| Full Baths | 1 |
| Year Built | 2025 |
| Type | Residential |
| Sub-Type | Condominium |
| Status | Active |
Community Information
| Address | 121 Ne 5th #501b |
|---|---|
| Area | 2410 |
| Subdivision | 501 FIRST RESIDENCES |
| City | Miami |
| Building | 501 First |
| County | Miami-Dade |
| State | FL |
| Zip Code | 33132 |
Amenities
| Amenities | Billiard Room, Clubhouse, Elevator(s), Parking, Spa/Hot Tub, Bike Storage, Heated Pool |
|---|---|
| Utilities | Cable Available |
| # of Parking Spaces | 1 |
| Parking | Covered |
| # of Garages | 1 |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Interior Features | Walk-In Closet(s) |
|---|---|
| Appliances | Electric Water Heater, Dryer, Dishwasher, Electric Range, Ice Maker, Microwave, Refrigerator, Washer |
| Heating | Central, Electric |
| Cooling | Central Air, Electric |
| Fireplace | No |
| # of Stories | 40 |
Exterior
| Exterior Features | Barbecue |
|---|
School Information
| Elementary | Frederick Douglass |
|---|---|
| Middle | Jose De Diego |
| High | Booker T. Washington |
Additional Information
| Date Listed | March 1st, 2026 |
|---|---|
| Days on Market | 187 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| HOA Fees | 563 |
| HOA Fees Freq. | Monthly |
| Tax Year | 2026 |
Listing Details
| Office | Core Realty Associates, Inc. |
|---|