$595,000
CondominiumActive121 NE 5th Street # 1913, Miami FL 33132
MLS #A11955147About This Property
Experience luxury urban living at 501 First Residences, a brand-new 40-story condominium in Downtown Miami with no rental restrictions and exceptional income potential in the vibrant heart of Downtown Miami. This fully furnished 591 SqFt 1 Bed / 1 ½ Bath east-facing residence features expansive skyline and bay views, overlooking Downtown Miami landmarks including the Freedom Tower, PortMiami, and Biscayne Bay. Modern design, floor-to-ceiling windows, private balcony,custom Italian cabinetry and in-unit washer/dryer. Located just steps from Miami Worldcenter, dining, entertainment, transit, and cultural destinations, 501 Residences redefines downtown lifestyle with over 20,000 sq. ft. of resort-style amenities including 24/7 valet, rooftop pool, fitness center, co-working spaces, pet lounge, private club suite, media room, and more. A turn-key opportunity in Miami’s most dynamic urban core. Ideal for full-time living or income-generating investment
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About Downtown Miami
Downtown Miami has transformed into a dense urban neighborhood with Kaseya Center (home of the Miami Heat), Bayside Marketplace, the Perez Art Museum, Frost Science Museum, and Bayfront Park within walking distance of each other. The Miami Riverwalk connects downtown to Brickell along the water, and the Metromover provides free transit throughout the core. Condos range from new construction towers to renovated historic buildings, attracting first-time buyers, investors, and downtown professionals.
Property Details
Property Type
Condominium
Year Built
2025
Living Area
591 sq ft
Bedrooms
1
Bathrooms
2
Pool
No
Waterfront
No
Cooling
Electric
Heating
Electric
Flooring
Tile
Style
High Rise
HOA Fee
$870 / Monthly
Days on Market
71
MLS #
A11955147
Features & Amenities
Interior
Appliances
Exterior
Other
Nearby Schools
Assigned public schools pulled from Miami-Dade County Public Schools’s official attendance-boundary data. Verify current boundaries with MDCPS before buying — zones can change year to year.
School data source: Miami-Dade County Open Data Hub
Similar Homes in Downtown Miami
Location
City
Miami
State
FL
ZIP Code
33132
County
Miami-Dade County
Listing provided by Carolina Lara-Arashiro at One Sotheby's International Realty. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11955147.