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Active - Condominium for sale

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

1 bth

Facts & features

Condominium Property type
258 days on Beycome
2025 Year built
1 car garage Parking
$563/mo HOA

Why you’ll love it

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!

Translating description...

Listings courtesy of Core Realty Associates, Inc..

Listed by: Volkan Yetmisbir • 305-469-7075 • Core Realty Associates, Inc.

Co-listed by: Core Realty Associates, Inc.

Source: Miami MLS, MLS#: A11974262 Miami MLS logo

Based on info available as of Nov 13, 2026 at 7:00 PM EST.

Come see by yourself

Affordability

$310,000$640,000
1%20%
0%90%
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Estimated monthly payment

$2,965/mo

  • Mortgage$2,402
  • Property tax$0
  • HOA fee
  • Homeowners insurance
Due at closing$377,625
Down payment held in escrow$95,000
Closing costs$7,125
beycome credit Est.$9,500

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About 501 First Residences

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Copyright ©2026. Based on information as of Nov 13, 2026 at 07:00pm EST.

$475,000 Listed price

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$9,500 Credit back

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