For sale· 92 days on market
121 5TH Street #1500
Miami, FL, 33132·MLS# GC538024
$478,000
Estimated $3,130/mo estimated
- 1
- Bedroom
- 1
- Bathroom
- 458
- Sq ft
- 2025
- Year built
- $1,044
- Per sq ft
- Residential
- Newer construction
About this home
A big price improvement ! Welcome to this brand new 501 First Residence Condominium a premier residential community in the heart of Miami. Unit 1500 is a well-designed studio residence offering 458 SF with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with a bed, mattress, desk, stools, and a sofa. Everything is brand new and this unit is ready for immediate rental income. This condominium offers amazing amenities: a rooftop pool on the 40th floor, an open-concept sunrise & sunset lounge on the 38th floor, a fitness room, shared workspaces, and a party room. The unit offers a 180-degree ocean view. Right downstairs you have the Miami Downtown light rail/Metro mover, and prime walkability to Miami World Center, Brightline Station, Bayfront Park, dining, entertainment. An ideal investment in one of Miami’s fastest-growing high demand short-term rental markets.
Facts & features
Interior
- Bedrooms
- 1
- Bathrooms
- 1 full
- Living area
- 458 sqft
Property
- Type
- Residential
- Year built
- 2025
Financial
- Annual taxes
- $10.7
- Price / sqft
- $1,044
Estimate your monthly payment
$3,130/ month estimated
- Principal & interest$2,493
- Property tax$438
- Insurance$199
Illustrative estimate — not a lending offer.
Investor tools
See flip, rental and BRRR numbers for this home.
Location
Miami, FL
Around Miami
Homes for sale in Miami
As of Oct 23Asking prices in Miami run from $125,000 to $3,000,000. The middle ask is $550,000. This home asks $478,000.
- Homes for sale
- 37
- Middle ask
- $550,000
- New this week
- 3
- Average days listed
- 89
These numbers use homes for sale only.
Similar homes nearby
Courtesy of FLORIDA HOMES REALTY & MORTGAGE GVILLE
reThought Real Estate
My local team · (407) 974-5509
$478,000
1 bd · 1 ba · 458 sqft