For saleActiveListed Apr 9, 2026 · 195 days
$545,000

121 NE 5th St #1506, Miami, FL 33132

1 bed1 full, 1 half baths511 sq ft$1,067 per sq ftBuilt 2025

As of , this 1 bedroom, 1 full and 1 half bath condo at 501 First Residences is for sale at $545,000 ($1,067 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2025
HOA fee
$893 / month
Property tax
$8,000 (2026)
Waterfront
No
Pets
No pets
Cooling
Electric, Central Air
Heating
Central
MLS number
B26013348

Listing information

Listing courtesy of Complete Realty Group, 954-477-7308, daniela@completerealtygrp.com

Listing agent: Alberto Primavesi, aprimavesi@gmail.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

Prime investment opportunity in Downtown Miami at 121 NE 5th St, Unit 1506. Modern residence featuring floor-to-ceiling windows, private balcony, and sleek contemporary design. Ideal for primary living, vacation use, or income-producing investment. Located steps from Miami Worldcenter, Brightline, Bayside, top dining, entertainment, and major transit hubs. Positioned in one of Miami's fastest-growing urban corridors. Short-term rentals such as Airbnb allowed (verify building guidelines), offering exceptional income potential. Strong projected demand driven by Miami's expanding tourism market and upcoming global events including the FIFA World Cup. A rare opportunity to own a flexible, high-demand asset in the heart of Miami. Short-term rentals permitted (verify current building guidelines). Strong Airbnb income potential. Prime Downtown Miami location within walking distance to Miami Worldcenter, Kaseya Center, Brightline, PortMiami, and major attractions. High projected demand driven by continued tourism growth and upcoming global events including the FIFA World Cup.

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 91 days.

Price and status history

Listing date
Days on market
195
Original list price
$680,000
Price changes
2
DateEventPrice
Price changed$550,000 → $545,000
Before Sep 21, 2026Price changed$680,000 → $550,000
Listed$680,000

From the MLS. RealVista does not show sold prices.

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