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121 NE 5TH STREET, #1413
Miami, FL 33132
$529,900
Furnished 1-bedroom, 1.5-bath residence on the 14th floor of 501 First Residences, downtown Miami's newest residential tower, completed in 2025. Enjoy views of Biscayne Bay and the Miami skyline from the living area and private balcony. Sold fully furnished with a complete appliance package, in-unit washer and dryer, and 1 parking space included. Resort-style amenities include a rooftop pool deck, fitness center, clubhouse with sunset lounge, co-working spaces, a library, and an on-site pet spa, plus 24-hour concierge and security. The HOA fee includes water and internet. Short-term rentals are permitted and the unit is currently operated as a short-term rental — an ideal opportunity for investors or as a Miami pied-a-terre, just steps from Bayfront Park, the Kaseya Center, Bayside Marketplace, and the Metrorail. Information deemed reliable but not guaranteed; buyer to verify all details.
Listing Courtesy of: FLORIDA HOMES REALTY & MORTGAGE
904-996-9115
| Listing Id: | O6451328 |
|---|---|
| List Price: | $529,900 |
| Property Type: | Residential |
| Property Sub Type: | Condominium |
| Status: | Active |
| Bedrooms Total: | 1 |
| Bathrooms Full: | 1 |
| Bathrooms Half: | 1 |
| Living Area: | 531 |
| Condo Fees: | 674.0 |
| Tax Annual Amount: | $9,633 |
| Architectural Style: | Contemporary |
| Waterfront?: | No |
| City: | Miami |
| County Or Parish: | Miami-dade |
| Subdivision Name: | 501 First Residences Condominium |
| Postal Code: | 33132 |
| Year Built: | 2025 |
| Appliances: | Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer |
| Association Amenities: | Barbecue, Elevators, Fitness Center, Pool |
| Association Fee Frequency: | Monthly |
| Association Fee Includes: | Guard - 24 Hour, Insurance, Internet, Pool, Security, Sewer, Trash, Water |
| Bathrooms Total Integer: | 2 |
| Building Area Source: | Public Records |
| Building Area Total: | 531 |
| Building Area Units: | Square Feet |
| Direction Faces: | East |
| Foundation Details: | Slab |
| Construction Materials: | Concrete |
| Cooling: | Central Air |
| Directions: | Downtown Miami from I-395 exit to NE 2nd Ave, then south to NE 1st Ave; the building entrance is at 501 NE 1st Ave. Check in at the concierge desk; Unit 1413 is on the 14th floor. |
| Exterior Features: | Balcony |
| Flooring: | Ceramic Tile |
| Furnished: | Furnished |
| Community Features: | Clubhouse |
| Heating: | Central, Electric |
| Interior Features: | Stone Counters, Thermostat, Walk-In Closet(s) |
| Laundry Features: | Inside, Laundry Closet |
| Levels: | One |
| Ownership: | Condominium |
| Living Area Source: | Public Records |
| Living Area Units: | Square Feet |
| MLS Area Major: | 33132 - Miami |
| MLS Area Major: | 33132 - Miami |
| Original List Price: | $529,900 |
| Parcel Number: | 01-4101-008-4530 |
| Parking Features: | Valet |
| Pets Allowed: | Cats OK, Dogs OK |
| Property Attached?: | Yes |
| Stories Total: | 40 |
| Township: | 0 |
| Road Surface Type: | Paved |
| Roof: | Concrete |
| Listing Terms: | Cash, Conventional |
| Tax Year: | 2026 |
| Sewer: | Public Sewer |
| Special Listing Conditions: | None |
| Water Body Name: | BISCAYNE BAY |
| State Or Province: | FL |
| Association?: | Yes |
| Utilities: | BB/HS Internet Available, Cable Available, Electricity Available |
| View: | Water |
| Water Source: | Public |
| Property Condition: | Completed |
| Public Survey Range: | 0 |
| Public Survey Section: | 0 |
| Zoning: | 6401 |
| Additional Lease Restrictions: | Short-term rentals allowed; unit currently operated as a short-term rental. |
| Approval Process: | All leases are subject to association approval. Tenants must register with building management prior to move-in. |
| Association Approval Required Yn: | Yes |
| Association Email: | Management@501FirstResidences.com |
| Association Fee Requirement: | Required |
| Available For Lease Yn: | Yes |
| Building Area Total Srch Sq M: | 49.33 |
| Building Elevator Yn: | Yes |
| Building Name Number: | 501 FIRST RESIDENCES |
| Calculated List Price By Calcula: | 997.93 |
| Cddyn: | No |
| Condo Fees Term: | Monthly |
| Condo Land Included Yn: | Yes |
| Exist Lse Tenant Yn: | No |
| Flood Zone Code: | X |
| Floor Number: | 14 |
| Green Verification Count: | 0 |
| Homestead Yn: | No |
| Lease Restrictions Yn: | Yes |
| Listing Exclusion Yn: | No |
| Living Area Meters: | 49.33 |
| Lot Size Square Meters: | 0 |
| Minimum Lease: | No Minimum |
| Monthly Condo Fee Amount: | $674 |
| Property Description: | High Rise |
| Realtor Info: | Assoc approval required, Foreign Seller |
| Room Count: | 3 |
| Sdeo yn: | No |
| Total Acreage: | Non-Applicable |
| Total Annual Fees: | $8,088 |
| Total Monthly Fees: | $674 |
| Unit Number Yn: | No |
| Water Access Yn: | No |
| Water Extras Yn: | No |
| Water View: | Yes |
| Yrs Of Owner Prior To Leasing Re: | 0 |
| Association Name: | Marquis Association Management |
| Association Phone: | 305-395-7396 |
| Association 2 Yn: | 0 |
| Attribution Contact: | 904-996-9115 |
| Originating System Name : | Stellar MLS |
| Dock Yn: | No |
| In Law Suite Yn: | No |
| Num Assigned Parking Spaces: | 1 |
| Green Energy Generation Yn: | No |
| Listing Contract Date: | 2026-10-19 |
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Property Last Updated: October 21, 2026 04:07 AM - ET
