Real Estate by Fania — Stefania Riverin
(786) 828-0091

$478,000was $488,000

121 NE 5 ST #1500

Studio · 1 ba · 458 sq ft

Asking price cut 2% on June 30, from $488,000.

192 days on marketCondominiumWaterfront
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Listing courtesy of Florida Homes Realty & Mortgage. (352)359-7708

From the MLS

Bedrooms
Studio
Bathrooms
1
Living area
458 sq ft
Asking per square foot
$1,044
Year built
2025
Association fee
$674 monthly
ZIP code
33132
MLS number
A11977341

What the listing says

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.

Description supplied by Florida Homes Realty & Mortgage.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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Or tell her what you are actually looking for

One listing is a data point. If you say what the place is for, she will come back with the buildings that fit and the ones to avoid.

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