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501 First Residences Condo, Apt 902 For Sale

121 NE 5th St Apt 902, Miami, FL 33132

Price: $600,000 | 597 s.f. | 1 Beds | 2 Baths

 

Property Information 501 First Residences Condo #902

Listing Price: $600,000
Price per Square Foot: $1,005.03/s.f.
Beds: 1
Baths: 2
Interior Space: 597 s.f. (55.5 m²)
Total Size: 597 s.f. (55.5 m²)
Monthly Maintenance Fee: $892
Taxes (2025): $0
Reference: A11988136
 

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Description of 501 First Residences Condo #902

Description of Unit

One of the most flexible investment opportunities in all of Miami right now. This modern 1 Bed + Den is perfectly positioned in the heart of Downtown, offering exceptional views and one of the most desirable lines in the building. What makes this unit stand out? No rental restrictions — Airbnb daily, short-term, or long-term with zero limitations Fully furnished & never lived in — true turnkey, start earning immediately Smart layout with a versatile den (office or guest space) Located in a brand-new luxury building with resort-style amenities Unbeatable location — walk everywhere: Steps from Kaseya Center (concerts, NBA games, major events) Minutes to Miami Worldcenter — one of the largest developments in the U.S. Easy access to the Metromover Close to Brightline for seamless travel to Fort Lauderdale, West Palm & Orlando Quick reach to PortMiami — the cruise capital of the world Why this matters: Downtown Miami is rapidly transforming into the “new Manhattan” — with massive growth, global investment, and skyrocketing demand for flexible rental properties. This is not just a condo — it’s a cash-flow machine + appreciation play in one of the hottest markets in the country.

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The MLS data provided for the property above (MLS#A11988136) is provided courtesy of Clients 1st Realty, Inc. Source: Southeast Florida MLS. Data updated 3/24/2026. Information is deemed reliable but not guaranteed. Copyright © 2026. The listing data on this page comes in part from the Internet Data Exchange (IDX), a collaboration between the following REALTOR(R) associations in the South Florida Multiple Listing Service (MLS): Miami Realtor Association, Realtor Association of Greater Ft. Lauderdale and the South Broward Board of Realtors. All rights reserved. The information being provided is 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 believed to be accurate, but is not warranted. Use of search facilities of data on the site, other than a consumer looking to purchase real estate, is prohibited. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
 

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