- 1
- baths
- 2025
- year built
- Status:
- Active
- MLS #:
- A11974262
- Neighborhood:
- 501 FIRST RESIDENCES
- County:
- Miami-Dade
- Listed By:
- Volkan Yetmisbir - Core Realty Associates, Inc.
- Agent Phone:
- (305) 469-7075
- Agent Email:
- volkan@yetmisbir.com
Sponsoring Broker: Derek Eisenberg, Continental Real Estate Group, Inc
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!
Highlights
- Residential
- Condominium
- New Construction
- Built in 2025
- $563/mo HOA
- 1 Car Garage
- 258 days on Market
-
- Bathrooms
- 1
-
- Year Built
- 2025
-
- Stories
- 40.0
-
- Architectural Style
- High Rise
-
- Garage Spaces
- 1.0
-
- Parking Features
- Covered
-
- Interior Features
- Walk-In Closet(s)
-
- Appliances
- Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer, Ice Maker
-
- Flooring
- Tile, Ceramic Tile
-
- Exterior Features
- Barbecue
-
- Pool Features
- Heated
-
- Security Features
- Key Card Entry
-
- Cooling
- Central Air, Electric
-
- Heating
- Electric, Central
-
- View
- None
-
- Utilities
- Cable Available
-
- Area
- 41
-
- County
- Miami-Dade
-
- City
- Miami
-
- Neighborhood
- 501 FIRST RESIDENCES
-
- Zip Code
- 33132
-
ez Mortgage Calculator
Enter your details below to estimate your monthly mortgage payment with taxes, fees and insurance.
$
Please enter a valid number
Cost of the current home: $475000
$
%
Please enter a valid number
Cash you pay when you close
Affects interest rates. 30- or 15- year loans are standard.
%
Default rate is illustrative, set internally by ez Home Search and updated periodically; actual rates vary by lender, credit score, and market conditions.
$
%
Please enter a valid number
$
Please enter a valid number
Typically 0.25% of home value per year.
$
Please enter a valid number
Homeowners association dues.
$ 0
Monthly
Principal and interest:
Property Taxes:
Homeowners Insurance:
HOA Dues:
$0 (0%)
$0 (0%)
$0 (0%)
$0 (0%)
preferred mortgage partner
your partner for Miami-Dade county
Christina Brice
Company NMLS #: 3446
LO NMLS #: 2074760
The ez Mortgage Calculator is for educational purposes only. Real-world interest rates and payments can differ due to factors like market trends, location, and loan specifics. Calculations are based on your inputs and might not consider extra costs a lender may add, such as insurance, taxes, and fees; thus, actual repayments could surpass estimates. Please note, ez Home Search does not provide loans, and this tool does not promise lending.
What's your home worth?
Calculate your current home value within seconds.
Similar Listings
Look Throughout Miami
There are currently 5278 properties available in Miami, with 153 under contract to close soon. Properties in the city have an average sale price of $1,269,085 and typically spend 145 days on the market before being sold.
Want to compare this property to others available for sale in the area? Use our search to find exactly what you want among our 2,000,000+ listings and to see incredible photos to show you what is possible.
With 83 zip codes in Miami-Dade County, you have many options in the area. Be sure to claim your free ez Home Search account to make sure you get alerts when a property that meets your needs becomes available.
Source: ez Home Search, MLS Data
Frequently Asked Questions
How do I schedule a tour of 121 NE 5 #501B?
We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 121 NE 5 #501B.
They know residentials in the area well and can give you the guidance you need to buy with confidence.
How do I get more information about 121 NE 5 #501B?
Click Ask a Question to talk with our team. You already know it is a N/A bed, 1 bath, listed for $475,000. We can talk through recent upgrades, potential seller motivation, how this condominium compares to others in Miami, and can even get you in to see the property quickly.
How do I get a virtual tour of 121 NE 5 #501B?
Yes! A virtual tour is available for 121 NE 5 #501B. Click here to view the full walkthrough and explore every room at your own pace. If you would like a guided virtual showing or have questions along the way, we can connect you with our local expert to walk you through it live.
How much is the monthly mortgage payment for 121 NE 5 #501B?
With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 121 NE 5 #501B at around $2,703. This includes estimated property taxes and insurance.
Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.
How do I get pre-approved to buy 121 NE 5 #501B?
Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.
Or, let us connect you with our preferred local lender in Miami-Dade County. They will give you all of your available financing options, based on your specific situation and what is available to you.
Can I negotiate the asking price for 121 NE 5 #501B?
In most cases, yes. Whether 121 NE 5 #501B is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Miami's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.
How do I make an offer on 121 NE 5 #501B?
We can handle that for you. Our preferred local agent specializes in residentials in Miami and can guide you through every step of the offer process.
You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.
How long has this property been on the market?
121 NE 5 #501B was listed on February 28, 2026, which means it's been on the market for 258 days.
Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.
When was this house built?
This home was built in 2025, making it approximately 1 years old.
Is there an HOA fee for this property, and what does it cover?
This home has an HOA fee of $563 paid monthly.
This covers access to community features including: Clubhouse, Pool, Elevator(s), Parking, Billiard Room, Spa/Hot Tub.
Is 121 NE 5 #501B still available for sale?
Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.
Source: ez Home Search, MLS Data
Popular Home Searches in Miami, FL
Open Houses Near Miami, FL
Land for Sale Near Miami, FL
Townhomes for Sale Near Miami, FL
Waterfront Homes for Sale Near Miami, FL
Waterfront Condos for Sale Near Miami, FL
Homes with Pools for Sale Near Miami, FL
Gated Community Homes for Sale Near Miami, FL
Homes with No Hoa for Sale Near Miami, FL
Homes in Adult Communities for Sale Near Miami, FL
Search Nearby Cities
Search Nearby Counties
Search Nearby Postal Codes
Listing information provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed by the MLS. Copyright 2026, MIAMI REALTORS MLS. All rights reserved.
Last Updated: November 13, 2026 at 11:33PM | Source: MIAMI REALTORS MLS | MLS#: A11974262
