$478,000list price
Price cut$1,000
1 bd · 1.5 ba · 867 sq ft Condo or villa
1600 NE 1ST AVE #1605, MIAMI, FL 33132
Listing courtesy of The Keyes Company. MLS# A12021959.On the MLS · Listed May 19
$478,000
121 NE 5 ST #1500, MIAMI, FL 33132
Studio1 bath458 sq ftCondo or villaBuilt 2025
Updated today, November 3, 2026This home against Miami
$1,044 per sq ft, 53% over the Miami median
249 days on the market
Price cut $10,000 since it was listed at $488,000
$1,007 in property taxes (2025)
Waterfront
1 car garage
Miami today: 4,359 homes for sale, median list price $733,500.
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.
Zoned schools
Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High
From Miami-Dade County Public Schools attendance zones.
Near this home
Park: Henderson Park, 0.1 mi
Beach: Hobie Island Beach, 2 mi
Grocery: Sedano's Supermarket, 0.5 mi
Distances from the center of MIAMI.
Listing courtesy of Non-MLS Member. MLS# A11977341.
Listing information is provided by the MLS and is deemed reliable but not guaranteed.
Listed February 27, 2026.
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