Highly desirable and most efficient layout is now available in the brand-new 501 Residences! In the heart of Miami Downtown, a fully furnished and turnkey, 1 Bed + Den / 2 Full Baths features 597 SqFt, exceptionally positioned for short term/long term rentals or for immediate move in.Residents and guests enjoy 20,000+ sq ft of resort-style amenities, including 24/7 valet, rooftop pool and hot-tub with panoramic views, state-of-the-art fitness center, co-working spaces, pet lounge, private club suite, media room, and more. Located just steps from Miami Worldcenter, world-class dining, entertainment, transit, and cultural venues, 501 Residences delivers the ultimate walkable downtown lifestyle. The apartment is fully equipped with household essentials, ready to use, and comes with a designated storage unit too. Without rental restrictions on one hand, but without a hectic hotel component either, this building offers a more refined residential experience than other nearby condo-hotel buildings, making it a perfect short term rental investment, a second home, or a combination of both. Don’t miss this outstanding income producing opportunity in one of Miami’s fastest-growing urban cores.
Property Details
Price:
$660,000
MLS #:
A11972989
Status:
Active
Beds:
1
Baths:
2
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First Residences
Neighborhood:
501firstresidences
Listed Date:
Feb 26, 2026
Finished Sq Ft:
597
Year Built:
2026
See this Listing
Schools
Interior
Appliances
Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Washer
Bathrooms
2 Full Bathrooms
Cooling
Central Air
Flooring
Tile
Heating
Central
Exterior
Architectural Style
High Rise
Association Amenities
Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
Construction Materials
Other
Exterior Features
Barbeque
Parking Features
1 Space, Valet
Security Features
Doorman, Elevator Secure, Lobby Secured
Financial
HOA Fee
$892
HOA Frequency
Monthly
Tax Year
2025
Map
Community
- Address121 NE 5th St # 710 Miami FL
- Subdivision501 First Residences
- CityMiami
- CountyMiami-Dade County
- Zip Code33132
Market Summary
Property Summary
- Located in the 501 First Residences subdivision, 121 NE 5th St # 710 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $660,000 and features 1 beds, 2 baths, and has approximately 597 square feet of living space, and was originally constructed in 2026. The current price per square foot is $1,106. The average price per square foot for Condo listings in Miami is $672. The average listing price for Condo in Miami is $997,035.
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