121 NE 5th St #3200, Miami, FL 33132
As of , this studio, 1 bath condo at 501 First Residences is for sale at $468,000 ($1,136 per sq ft). It was listed on .
MLS data updated .
Key facts
- Type
- Condo
- Year built
- 2025
- HOA fee
- $589 / month
- View
- Bay, Water
- Waterfront
- No
- Pets
- Pets allowed
- Cooling
- Central Air
- Heating
- Central
- MLS number
- A12039927
Listing information
Listing courtesy of MAK Realty Group, 917-714-7168, rybak.sergey@gmail.com
Listing agent: Sergey Rybak, rybak.sergey@gmail.com
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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
A move-in-ready, fully furnished studio in a building that permits short-term rentals a key differentiator in Downtown Miami, where Airbnb-approved inventory is limited and commands a premium. The 411 SqFt layout includes a 38 SF balcony above-average outdoor space for the segment plus integrated premium appliances and in-unit washer/dryer, reducing furnishing and turnover costs whether you’re targeting nightly stays or longer-term leases.Location is the core thesis: directly adjacent to the Brightline station and Metromover, and steps from the Miami Worldcenter development a multi-billion-dollar project anchoring sustained demand and infrastructure investment in the corridor. Proximity to the Kaseya Center, Museum Park, and Downtown’s dining and entertainment scene drives consistent guest and tenant appeal.Building amenities (rooftop pool, fitness center, co-working spaces, 24-hour concierge) support premium nightly rates and strong occupancy. A brand-new 2025 build minimizes near-term capex and maintenance risk a low-friction, flexible-use addition to any rental portfolio.
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 buildingThe 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
- 125
- Original list price
- $468,000
- Price changes
- 0
| Date | Event | Price |
|---|---|---|
| Listed | $468,000 |
From the MLS. RealVista does not show sold prices.
