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121 NE 5TH Street #1501

$820,000

2 bd · 2 ba · 835 sqft · 501 First Residences · Downtown

8% below 501 First Residences’s asking median $/sqft
Status
For sale
Price per sqft
$982/sqft
HOA
$1,300/mo
Year built
2025
Floor
15
Parking
1
Furnished
—
View
—
Waterfront
No
Days on market
1
Listed
Oct 29, 2026
MLS #
B26094312

Highlights from the listing

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

Short-term leases OK

“Flexible daily and short-term rentals offer excellent investment potential as soon as you close or personal use.”

About this unit

Corner 2-bedroom, 2-bath residence on the 15th floor at 501 First Residences in Downtown Miami. Brand-new and fully furnished, the turnkey home offers panoramic Biscayne Bay and skyline views, floor-to-ceiling impact glass, a private balcony, Italian cabinetry, and premium appliances. The building features more than 20,000 square feet of resort-style amenities, including a rooftop pool, spa, fitness center, lounges, concierge, and 24-hour security. Daily and short-term rentals are permitted, allowing rental use as soon as closing or personal use. Located steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, and Bayfront Park

Listing courtesy of INNOVO PROPERTY GROUP INC, Bart M Simon (Lic. #3011811) · MLS #B26094312 · Updated Oct 30, 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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