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121 NE 5 ST #1500

$478,000

0 bd · 1 ba · 458 sqft · 501 First Residences · Downtown

9% below 501 First Residences’s asking median $/sqftPrice cut -2% · was $488,000
Negotiation read: On the market 192 days — longer than this building’s typical ~96 · Already reduced 2% from the original ask.
Status
For sale
Price per sqft
$1,044/sqft
HOA
$674/mo
Year built
2025
Floor
15
Parking
1
Furnished
Furnished,Turn Key Furnished
View
Bay, Ocean View
Waterfront
Yes
Days on market
192
Listed
Mar 1, 2026
MLS #
A11977341

Highlights from the listing

Pulled from the MLS description. Verify with the listing agent.

Short-term leases OK

short-term rental market

About this unit

This brand-new studio at 501 First Residence Condominium in Downtown Miami features 458 square feet of living space. The unit includes floor-to-ceiling impact windows, a private balcony, and views of the ocean and city. It comes fully furnished with a bed, mattress, desk, stools, and a sofa. The building offers luxury amenities including a rooftop pool on the 40th floor, a sunrise and sunset lounge on the 38th floor, a fitness center, coworking spaces, and a party room. The location is near the Metro mover, Miami World Center, Brightline Station, Bayfront Park, and various entertainment venues

Listing courtesy of Florida Homes Realty & Mortgage — Ying Yan · MLS #A11977341 · Updated Sep 9, 2026

Neighborhood & lifestyle

What's around this home in Downtown — transit, parks, dining and landmarks within reach.

Nearby & transit
MetromoverMetrorail (Government Center)Bayfront ParkBayside MarketplaceKaseya CenterMiami Riverwalk

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