Interior
- Bedrooms
- 1
- Bathrooms
- 2
- Living area
- 545 sq ft
Active · Condominium
$500,000
121 NE 5th St 510, Miami, FL 33132
- Beds
- 1
- Baths
- 2
- Living area
- 545 sq ft
- $ / sq ft
- $917/sq ft
- Year built
- 2025
- Lot size
- —
- HOA fee
- $892
- Annual tax
- —
About this property
Fully furnished 1-bedroom + den, 2-bath residence at the brand-new 501 First Residences. No rental restrictions Unit 510 offers 597 SF with views of Biscayne Bay, the Kaseya Center, and the Freedom Tower. Turn-key unit featuring a European-style kitchen with Bosch appliances, private bedroom suite with built-ins, spa-style bath with rain shower, in-unit washer/dryer, and floor-to-ceiling windows with roller shades. Amenities include a rooftop pool, cinema, co-working lounge, and fitness center.
Property location
Get Directions121 NE 5th St 510, Miami, FL 33132
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Facts & features
Exterior & Structure
- Property type
- Condominium
- Year built
- 2025
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $892
- County
- Miami-Dade
- MLS listing ID
- A12026255
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,225
- Cap rate
- 0.3%
- Net yield
- 0.3%
- Cash-on-cash return
- -19.1%
- Gross yield
- 5.7%
- Mortgage payment
- $2,370/mo
- Down payment
- $125,000
- Loan amount
- $375,000
- Annual NOI
- $1,741
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.