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501 1st Ave Homes for Sale: 2 Listings, From $649K

501 1st Ave
Homes for Sale in Miami, FL

By , Co-Founder, Momentum Realty · Updated November 4, 2026

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True comps, carrying-cost math, and listings before the portals.

Photo via MIAMI MLS

Built fromLive MIAMI MLS dataUpdated twice daily

Last 30 days in 501 1st Ave: 1 new listing (median asking $649,000). As of November 4, 2026, Listing information provided by the Southeast Florida MLS (SEFMLS) / MIAMI Association of REALTORS(R). Information is deemed reliable but not guaranteed by the MLS to be accurate.

Nearby homes for sale

No active listings inside 501 1st ave right now. These are the 6 closest homes on the market, by straight-line distance from the community's center; some may sit just outside its boundary.

121 NE 5th Steet 3313
$595K · 0.0 mi away
1 bd · 2 ba · 591 sqft
121 NE 5th Steet 3313
Listed by The Keyes Company
121 NE 5th St 306
$530K · 0.0 mi away
1 bd · 2 ba · 509 sqft
121 NE 5th St 306
Listed by La Fabrika Realty Group
121 NE 5th St 2409
$435K · 0.0 mi away
1 ba · 359 sqft
121 NE 5th St 2409
Listed by Affinity International Realty
121 NE 5th St 3304
$415K · 0.0 mi away
1 ba · 359 sqft
121 NE 5th St 3304
Listed by Rich Homes of Florida
121 NE 5th St 1909
$355K · 0.0 mi away
1 ba · 359 sqft
121 NE 5th St 1909
Listed by Rich Homes of Florida
121 NE 5th St 2002
$649K · 0.0 mi away
1 bd · 2 ba · 544 sqft
121 NE 5th St 2002
Listed by Miami Life Realty LLC

Listing data from the MLS feeds named on each listing page; deemed reliable but not guaranteed. Refreshed nightly.

The Area Market

The market around 501 1st Ave

501 1st Ave is too small for its own price trend, so here is the market around it.

Across Miami-Dade County, 60 homes are active and 15 pending (20% under contract).

ZIP and county figures describe the wider market, not 501 1st Ave specifically. Momentum Research analysis of MLS records.

Homes For Sale Right Now in 501 1st Ave

Live MLS inventory for 501 1st Ave. Every active listing, what is under contract right now, and the last 12 months of closed sales, refreshed twice a day. Closed comps beat an algorithm's guess every time.

121 NE 5th St 2102 home for saleActive · 119 daysTop listing
$690,000
1 bd · 2 ba · 544 sqft · built 2026
121 NE 5th St 2102, Miami, 33132
Listed by Florida Capital Realty
121 NE 5th St 2002 home for saleActive · 12 days
$649,000
1 bd · 2 ba · 544 sqft · built 2026
121 NE 5th St 2002, Miami, 33132
Listed by Miami Life Realty LLC

Active and pending 501 1st Ave listings as of 2026-11-02, priced high to low. Based on information from the Southeast Florida Multiple Listing Service (SEFMLS) or from MIAMI Association of REALTORS(R). Tap any home to ask about it.

The Strategy

The 501 1st Ave buying strategy.

If we were buying in 501 1st Ave today, this is the order of operations we would run for our clients.

1

Underwrite the condition first. Price the roof, HVAC, and systems honestly before judging any list price; condition swings value here more than square footage alone.

2

Match the home to real comps. Recent sales of similar condition and lot, not the asking price, tell you what a home is worth.

3

Move deliberately, not desperately. Neither side has a decisive edge, so a well-prepared, fairly-priced offer wins without overpaying.

4

Line up financing and inspection early. A pre-approval and an inspection plan let you act fast and negotiate from evidence.

5

Keep an agent in your corner. The listing agent works for the seller; we represent you and prepare a hand-built valuation before any offer in 501 1st Ave.

“

The location and the amenities are priced into every listing in 501 1st Ave. The deal is won or lost on condition, the comps, and the renovation math.

Jon Brooks · Founder, Momentum Realty

Email me new listings in 501 1st Ave

One e-mail a day, only when a home lists here, with price, beds, baths and a link to every listing. Straight from the MLS feed; no account needed.

Equal Housing Opportunity. Every community is open to everyone; alerts are about homes, never about who lives here.

Ask an agent about 501 1st Ave

Have a question about the homes, fees, rules or commute here? A Momentum agent who works 501 1st Ave will answer, and the answer is published on this page for the next buyer.

Property facts only: homes, fees, rules, commute. Every community is open to everyone; agents do not answer questions about who lives here.

HOA, CDD & Fees

A note on who we are: Momentum Realty is a real estate brokerage. We are not the 501 1st Ave homeowners association, its management company or its developer, and we cannot help with dues, gate access, violations, amenity bookings or association documents. To reach the association, check your closing package, the recorded declaration at the county clerk, or search the association’s name at sunbiz.org for its registered agent. Call or message us to buy or sell a home in 501 1st Ave.
In short
  • HOA dues reported around $800/month (about $9,600/yr) · median of 31 MLS listings, most billed monthly
  • Any club/amenity membership is billed separately

Listings in this community report association dues of about $800 per month ($9,600 a year) — the median AssociationFee across 31 MLS records, normalised to a monthly figure; most are billed monthly. Dues change with budgets and can differ by section or product type; confirm the current figure with the association before you offer. Source: MLS listing records, 2026-10.

Confirm the current HOA dues, exactly what they cover, and any CDD bond or special assessment for a specific address before you offer.

Run Your Numbers

Tools for a 501 1st Ave buy.

Free calculators to pressure-test the real cost before you tour.

Mortgage paymentPrincipal, interest, taxes, and insurance on a specific price.Property taxMiami-Dade County millage and the homestead picture.Rent vs buyThe breakeven on owning in 501 1st Ave.Save Our HomesProject your homestead tax cap over time.
The takeaway

Selling here is won on condition and pricing to real comps, not an automated estimate. The right number comes from closed 501 1st Ave sales matched to your home.

Selling in 501 1st Ave

Price it to the comps and condition, not an automated estimate.

If you are thinking about selling in 501 1st Ave, the right list price comes from recent comparable sales matched to your home's condition and location, not an automated estimate.

What is your 501 1st Ave home worth?

Get a no-obligation home value based on real comparable sales in 501 1st Ave, not an automated guess. Tell us about your home and we will personally prepare your numbers and a pricing strategy. No obligation, no spam.

See homes for sale in 501 1st Ave on the map →

Real comps, not an automated estimate.

Data sources & freshness

Live listingsMIAMI MLS, refreshed twice daily (last: November 2, 2026)
Under-contract sharesMIAMI MLS records, as of 2026-07-18

Verify the primary sources yourself: Florida DOR · U.S. Census · FEMA flood maps · Citizens Property Insurance.

Momentum Research figures are our own analysis of MIAMI MLS records; MLS data is deemed reliable but not guaranteed. Methodology: how Momentum market scores are computed. Market metrics describe homes for sale and recent sales, not residents.

Own a home here?

You just read the data. Now see what your home is worth.

The numbers on this page move markets in the aggregate. The number that matters to you is what a buyer pays for your address. Momentum sells for 1.25% above the MIAMI MLS member average and 8 days faster, and we’ll price yours against live local comps.

Looking to buy here? Search homes for sale →

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Common questions about 501 1st Ave

Where is 501 1st Ave?

501 1st Ave is a community in Miami-Dade County, Florida.

Are there homes for sale in 501 1st Ave right now?

No active listings inside 501 1st Ave at the last feed refresh. The nearest homes for sale, with distances from the community, are shown on this page and refreshed nightly.

Does 501 1st Ave have an HOA or CDD?

No HOA is on record for 501 1st Ave in our data. Verify dues, what they cover, and any special assessment for a specific address before you offer.

Answers are generated from county property records, MLS feeds and the figures on this page, as of the page date; deemed reliable but not guaranteed.

Every Home for Sale in 501 1St Ave Right Now (1)

All 1 active and pending 501 1St Ave listings with a detail page, newest first, refreshed twice a day from the MLS.

Nearby Communities

Explore more neighborhoods near 501 1st Ave with Momentum Realty’s local guides.

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Browse all neighborhood guides →

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