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Homes for sale in Miami
Condominium

121 NE 5th # 501B

Miami, FL 33132
$475,000
Baths
1
Year built
2025

Listing courtesy of Volkan Yetmisbir, Core Realty Associates, Inc.

About this home

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!

Details

Property

Type
Condominium
Style
High Rise
Building
Condo 5+ Stories
Year built
2025
Stories
40
Building name
501 FIRST RESIDENCES
Subdivision
501 FIRST RESIDENCES
County
Miami-Dade County

Interior

Appliances
Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
Flooring
Ceramic Floor, Tile
Cooling
Central Air, Electric
Heating
Central, Electric
Features
Walk-In Closet(s)

Exterior and parking

Exterior
Barbeque
Parking
1 Space, Covered
Garage spaces
1

Community and fees

Association fee
$563 monthly
Amenities
Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Heated Pool, Spa/Hot Tub
Maintenance includes
Internet/WiFi, Parking
Security
Fire Alarm, Card Entry, Lobby Secured
Pets
Dogs OK
Terms
All Cash, Conventional
Minimum lease (days)
1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated March 19, 2026.