20 photos
3D tour

121 NE 5th Street #1506

$550,000

1 bd · 1.5 ba · 511 sqft · 501 First Residences · Downtown

6% below 501 First Residences’s asking median $/sqftPrice cut -19% · was $680,000
Negotiation read: On the market 160 days — longer than this building’s typical ~96 · Already reduced 19% from the original ask.
Status
For sale
Price per sqft
$1,076/sqft
HOA
$893/mo
Year built
2025
Floor
15
Parking
0
Furnished
Furnished,Furniture Only
View
Waterfront
No
Days on market
160
Listed
Apr 9, 2026
MLS #
B26013348

Highlights from the listing

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

Airbnb-ready

Short-term rentals such as Airbnb allowed

Short-term leases OK

Short-term rentals permitted

About this unit

This modern residence in Downtown Miami features a sleek contemporary design with floor-to-ceiling windows and a private balcony. The unit is situated in a high-growth urban corridor, within walking distance of the Miami Worldcenter, Brightline, Bayside, and various dining and entertainment venues. The property offers a flexible layout suitable for various uses. The building allows for short-term rentals and Airbnb-style hosting

Listing courtesy of Complete Realty Group — Alberto Primavesi (Lic. #3238899) · MLS #B26013348 · Updated Sep 16, 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

Other units for sale in 501 First Residences