This listing is no longer active

The MLS feed no longer includes this property — it may have sold, gone under contract, or been withdrawn. Last seen on July 19, 2026. The details below are the last snapshot we captured. Contact Rangely for a similar property or current status.

501 First Residence

121 NE 5 ST # 1500, Miami FL 33132

1 baths · 458 ft²

For Sale · Active Listing

$478,000

2.05%

Est. Payment $2,544/mo

MLS Sheet Video

1

Bathrooms

458

Sq. Ft.

2025

Year Built

1

Garage

40

Stories

121

Days on Market

Description

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.

Facts

MLS#
A11977341
Subdivision
501 First Residence
Property Type
Residential
Property Sub Type
Condominium
Year Built
2025
Lot Size
0 sqft
Sq. Ft.
458 ft²
Sq. Mt.
43 m²
Price per sq. ft.
$1,044/ft²
Price per sq. mt.
$11,116/m²
Stories
40
Garage
1 spaces
Pool
Days on Market
121 days
Listed
Mar 1, 2026
Last Updated
Jun 30, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

September 2026

100/100
Buyers marketSellers market

61

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

6/30/2026Price change$478,000-2.0%
3/1/2026Listed for sale$488,000

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

121 NE 5 ST # 1500, Miami FL 33132Directions

Estimated Monthly Payment

$3,092/mo

Principal & Interest

$2,544

Property Tax

$398

Insurance

$150

HOA

$0

20% ($95,600)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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