121 NE 5th # 501B, Miami, FL 33132

Description of 121 NE 5th # 501B, Miami, FL 33132

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!

Property Details for 121 NE 5th # 501B, Miami, FL 33132

Bathrooms Full

1

Interior Features

Walk-In Closet(s)

Appliances

Dishwasher, Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Flooring

Ceramic Floor, Tile

Heating

Central, Electric

Cooling

Central Air, Electric

Architectural Style

High Rise

Garage Spaces

1

Parking Features

1 Space, Covered

Pool Private

No

Year Built Details

New Construction

Property Condition

New Construction

Building Information for 121 NE 5th # 501B, Miami, FL 33132

Building Name

501 FIRST RESIDENCES

Building Area Units

Square Feet

Stories Total

40

Entry Level

5

Association

Yes

Association Fee

$563

Association Fee Frequency

Monthly

Association Amenities

Bike Storage, Billiard Room, Clubhouse-Clubroom, Elevator(s), Heated Pool, Spa/Hot Tub

Pets Allowed

Dogs OK

Security Features

Fire Alarm, Card Entry, Lobby Secured

Property Information for 121 NE 5th # 501B, Miami, FL 33132

Waterfront

No

View

None

Exterior Features

Barbeque

New Construction

Yes

Public Records for 121 NE 5th # 501B, Miami, FL 33132

Parcel Number

01-02-06-020-1150

Tax Annual Amount

0

Tax Year

2026

Tax Legal Description

0

County Or Parish

Miami-Dade County

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