$529,900
121 5th StreetMiami, FL 33132
Listing updated: October 20, 2026 at 3:44 PM ET
Listing courtesy of Florida Homes Realty & Mortgage · Jing Wang · MLS #O6451328 · Active · 904-996-9115Property type
Year built
Price / sq ft
HOA dues
Days on market
Flood zone
About this home
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.
Estimated monthly payment
Estimate only. Taxes use the listing's reported amount where available; insurance is a Florida-average estimate. Your actual payment will vary — run a full calculation or talk to a lender.
Price & listing history0 days on market
- Status: ActiveOct 20, 2026
- Listed$529,900Oct 20, 2026
Facts & features
- Property type
- Residential
- Sub type
- Condominium
- Status
- Active
- Days on market
- 0
- Subdivision
- 501 First Residences Condominium
- County
- Miami-Dade
- Year built
- 2025
- Living area
- 531 sq ft
- Price/sq ft
- $998
- Lot size
- 0 sq ft
- Lot category
- Non-Applicable
- Flood zone
- X
- Annual taxes
- $9,633 (2026)
- Parcel #
- 01-4101-008-4530
- Zoning
- 6401
- MLS #
- O6451328
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Interior Details
- Bedrooms
- 1
- Full bathrooms
- 1
- Half bathrooms
- 1
- Flooring
- Ceramic Tile
- Appliances
- Built-In Oven, Convection Oven, Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Water Heater, Freezer, Microwave, Range, Refrigerator, Washer
- Interior features
- Stone Counters, Thermostat, Walk-In Closet(s)
- Laundry
- Inside, Laundry Closet
- Stories / Levels
- One
- Direction faces
- East
Heating & Cooling
- Heating
- Central, Electric
- Cooling
- Central Air
Parking
- Garage spaces
- 0
- Parking features
- Valet
HOA & Financial
- HOA fee
- $0 / Monthly
- Monthly HOA
- None
- Total monthly fees
- $674/mo
- Total annual fees
- $8,088
- HOA name
- Marquis Association Management
- CDD
- No
- Min lease term
- No Minimum
- Listing terms
- Cash, Conventional
- Ownership
- Condominium
- Available for lease
- Yes
- Lease restrictions
- Yes
- 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.
Exterior & Construction
- Exterior features
- Balcony
- Construction materials
- Concrete
- Roof
- Concrete
- Foundation
- Slab
- Water view
- Yes
- Road surface
- Paved
Utilities
- Sewer
- Public Sewer
- Water source
- Public
- Utilities
- BB/HS Internet Available, Cable Available, Electricity Available
Community
- Pets allowed
- Cats OK, Dogs OK
Room Details
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | ||
| Living Room | ||
| Primary Bedroom |
Listing Details
- Listing date
- 2026-10-19
- On market date
- 2026-10-20
- Original list price
- $529,900
- Occupant type
- Tenant
- MLS area
- 33132 - Miami
- Listing AOR
- Orlando Regional
- Status changed
- 2026-10-20
- Tax legal description
- Condominium Parcel No. 1413 of 501 FIRST RESIDENCES CONDOMINIUM, according to the Declaration of Condominium thereof, recorded December 17, 2025 in Official Records Book 35067, Page 4463, of the Public Records of Miami-Dade County, Florida, as amended and/or supplemented from time to time, together with an undivided interest in the common elements appurtenant thereto.
Flood risk
Minimal-risk area outside the mapped floodplain. Flood insurance is optional and typically low-cost.
Source: FEMA flood zone reported on the listing. Confirm current designation at FEMA Flood Map Service Center.
Location
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.
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Listings courtesy of Stellar MLS as distributed by MLS GRID
IDX information is 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.
Based on information submitted to the MLS GRID as of October 20, 2026 at 3:44 PM ET. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
All or a portion of the multiple listing information is provided by Stellar MLS, from a copyrighted compilation of listings. The compilation of listings and each individual listing are © 2026 Stellar MLS. All rights reserved.
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