$488,000
CondominiumActive121 NE 5 ST # 1500, Miami FL 33132
MLS #A11977341About This Property
Brand new studio at 501 First Residence Condominium in Downtown Miami. Unit 1500 offers 458 SF with floor to ceiling impact windows, private balcony and stunning 180 ` ocean city views . Fully furnished with brand new bed , mattress, desk, stools and sofa -Trunkey and ready for immediate rental income. Luxury amenities include a rooftop pool (40th floor) sunrise & sunset lounge (38th Floor) fitness center , coworking spaces and party room . Near Metro mover, Miami World Center , Brightline Station, Bayfront Park and entertainment. Prime opportunity in Maimi's high - demand short-term rental market.
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Blue Mar Real Estate Group
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
458 sq ft
Bedrooms
0
Bathrooms
1
Garage
1 Space
Pool
No
Waterfront
Yes
Cooling
Ceiling Fan(s), Central Air
Heating
Central, Electric
Flooring
Ceramic Floor
HOA Fee
$674 / Monthly
Annual Taxes
$1,007 (2025)
Days on Market
97
MLS #
A11977341
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 Ying Yan at Florida Homes Realty & Mortgage. Data from Miami Association of REALTORS®. All information deemed reliable but not guaranteed. Listing #A11977341.