How much is 121 NE 5 Street 1500?

121 NE 5 Street 1500 is listed at $478,000, which is about $1,044 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 121 NE 5 Street 1500?

The listing reports an association fee of $674 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

What are the property taxes on 121 NE 5 Street 1500?

The listing reports annual property taxes of $1,007 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.

When was 121 NE 5 Street 1500 built?

121 NE 5 Street 1500 was built in 2025 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 121 NE 5 Street 1500 been on the market?

121 NE 5 Street 1500 has been listed for 231 days, and the asking price has been reduced from $488,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Is 121 NE 5 Street 1500 waterfront?

Yes. The listing describes the water as none other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.

Which schools serve 121 NE 5 Street 1500?

The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

121 NE 5 Street 1500, Miami, FL 33132

$478,000 · Active

0 beds
1 bath
458 sq ft
Condominium
Built 2025
New Construction
HOA $674/mo
1 garage space
Miami-Dade County
MLS# A11977341
501 First Residence

About this home

Brand new studio at 501 First Residence Condominium in Downtown Miami. Unit 1500 offers 458 SF with floor to ceiling impact windows, private balcony and stunning 180 ` ocean city views . Fully furnished with brand new bed , mattress, desk, stools and sofa -Trunkey and ready for immediate rental income. Luxury amenities include a rooftop pool (40th floor) sunrise & sunset lounge (38th Floor) fitness center , coworking spaces and party room . Near Metro mover, Miami World Center , Brightline Station, Bayfront Park and entertainment. Prime opportunity in Maimi's high - demand short-term rental market.

Features

Elevator
Barbecue
Balcony
Other

Schools

Elementary: Frederick Douglass
Middle: Jose De Diego
High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Non-MLS Member · donotemail@corelogic.com · Listing agent: Salesperson Non Member

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. 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. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 121 NE 5 Street 1500.

Questions About 121 NE 5 Street 1500

How much is 121 NE 5 Street 1500?: 121 NE 5 Street 1500 is listed at $478,000, which is about $1,044 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 121 NE 5 Street 1500?: The listing reports an association fee of $674 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
What are the property taxes on 121 NE 5 Street 1500?: The listing reports annual property taxes of $1,007 for 2025. Taxes are reassessed at the sale price after a purchase, so a new owner's bill can differ from the current owner's; use the mortgage calculator on this page for an estimate.
When was 121 NE 5 Street 1500 built?: 121 NE 5 Street 1500 was built in 2025 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 121 NE 5 Street 1500 been on the market?: 121 NE 5 Street 1500 has been listed for 231 days, and the asking price has been reduced from $488,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Is 121 NE 5 Street 1500 waterfront?: Yes. The listing describes the water as none other. For a home with dockage, confirm the water depth at low tide, the seawall condition and whether the route to the inlet passes under any fixed bridges before you offer.
Which schools serve 121 NE 5 Street 1500?: The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

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The 1 bedroom condo at 133 NE 2nd Avenue 3410, Miami, FL 33132 is comparable and listed for sale at $349,999. Another comparable condo, 275 NE 18th Street 1705, Miami, FL 33132, sold for $398,000 in October 2026. Miami neighborhoods include Allapattah and Grapeland Heights. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Coconut Grove. Compare it with the Miami housing market report.