Overview
Description
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!
Virtual Tour
Address
- Street121 5th #501B
- CityMiami
- Subdivision501 FIRST RESIDENCES
- CountyMiami-Dade County
- StateFL
- Zip33132
- MLS #A11974262
Interior
- Bedrooms Total0
- Entry Level5
- FlooringCeramic Floor, Tile
- HeatingCentral, Electric
- HeatingYes
- Interior FeaturesWalk-In Closet(s)
- Living Area UnitsSquare Feet
- Rooms Total0
- Security FeaturesFire Alarm, Card Entry, Lobby Secured
Exterior
Structure
- New ConstructionYes
- Property AttachedYes
- Property ConditionNew Construction
- Stories Total40
- Structure TypeCondo 5+ Stories, Condo
- Year Built2025
- Year Built DetailsNew Construction
Utilities
- ElectricFuse Box
Financial
- Other Expense0
- Parcel Number01-02-06-020-1150
- Pets AllowedDogs OK
- Public Survey Range0
- Public Survey Section20
- Public Survey Township0
- Tax Annual Amount0
- Tax Legal Description0
- Tax Year2026
Location
- MLS Area Major501 First Residences
- Postal Code33132
- Street Direction PrefixNE
- Street Name5th
- Street Number121
- Street Number Numeric121
- Subdivision Name501 FIRST RESIDENCES
- Unit Number501B
- Unparsed Address121 NE 5th # 501B, Miami FL 33132
Features & Amenities
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Volkan Yetmisbir
Listing Agent · Core Realty Associates, Inc.
Similar Listings
Tour requested
The agent will confirm your tour time shortly.
Message sent
The agent will get back to you shortly.