
Description of 121 NE 5th # 501B, Miami FL 33132
Brand New Luxury Condo at 501 First Miami – No Rental Restrictions! Be the first to own this pristine, newly delivered residence (Unit 501B) in the heart of Downtown Miami. Located in the highly anticipated 501 First Residences, this unit offers the ultimate flexibility with no rental restrictions, making it a premier choice for high-yield short-term rentals (Airbnb/VRBO) or a sophisticated urban lifestyle. Unit Features: Modern open-concept layout with floor-to-ceiling glass windows. Private balcony with stunning city skyline views. Fully finished and furnished with interiors by award-winning SHIM Projects. High-end Smeg appliances and custom Italian cabinetry. In-unit washer/dryer and smart home technology. Building Amenities: Experience over 20,000 SF of world-class amenities, including a 75-foot rooftop lap pool, a state-of-the-art fitness center by HOMAGE, a lush rooftop greenhouse, co-working spaces, and a private movie theater. Strategically located steps away from Miami Worldcenter, Kaseya Center, and the Brightline station. Don't miss this turnkey investment opportunity!
Property Details for 121 NE 5th # 501B, Miami FL 33132
- Bathrooms Full
- 1
- Interior Features
- Walk-In Closet(s)
- Appliances
- Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
- Flooring
- Ceramic Floor, Tile
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Architectural Style
- High Rise
- Garage Spaces
- 1
- Parking Features
- 1 Space, Covered
- Pool Private
- No
- Year Built Details
- New Construction
- Property Condition
- New Construction
Building Information for 121 NE 5th # 501B, Miami FL 33132
- Building Name
- 501 FIRST RESIDENCES
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 5
- Association
- Yes
- Association Fee
- $563
- Association Fee Frequency
- Monthly
- Association Amenities
- Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Heated Pool, Spa/Hot Tub
- Pets Allowed
- Dogs OK
- Security Features
- Fire Alarm, Card Entry, Lobby Secured
Property Information for 121 NE 5th # 501B, Miami FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- None
- Exterior Features
- Barbeque
- New Construction
- Yes
Public Records for 121 NE 5th # 501B, Miami FL 33132
- Parcel Number
- 01-02-06-020-1150
- Tax Annual Amount
- 0
- Tax Year
- 2,026
- Tax Legal Description
- 0
- County Or Parish
- Miami-Dade County
Location
121 NE 5th # 501B, Miami FL 33132 · More homes in Miami
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More information about 121 NE 5th # 501B, Miami FL 33132
121 NE 5th # 501B is a condo for sale in Miami, FL 33132. This property was listed for sale on March 1, 2026 by Core Realty Associates, Inc., it's currently listed at $475,000. This listing's school district is Miami-Dade County Public Schools. 121 NE 5th # 501B is a 0-bed, 1-bath condo built in 2025.