For saleActiveListed Mar 1, 2026 · 233 days
$475,000

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

Studio1 bathBuilt 2025

As of , this studio, 1 bath condo at 501 First Residences is for sale at $475,000. It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2025
HOA fee
$563 / month
Parking
1 garage space
Waterfront
No
Pets
Pets allowed
Cooling
Central Air, Electric
Heating
Central, Electric
MLS number
A11974262

Listing information

Listing courtesy of Core Realty Associates, Inc, 786-457-3153, steve.umnow@corerealtyil.com

Listing agent: Volkan Yetmisbir, volkan@yetmisbir.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

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!

The text above is the listing description from the MLS, as written by the listing agent.

The building

501 First ResidencesAs of , 501 First Residences has 43 condos for sale, most from $435,000 to $929,000, and 29 for rent. The median asking price is $1,115 per sq ft.See all units and prices in this building

The Miami market

As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 90 days.

Price and status history

Listing date
Days on market
233
Original list price
$475,000
Price changes
0
DateEventPrice
Listed$475,000

From the MLS. RealVista does not show sold prices.

Similar homes nearby

All homes in Miami