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Condo in Miami, FL 33132
121 NE 5th St #1913

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OFF MARKET
$595,000
$125K
Estimate Payment $3,879Closing Costs
1
Beds
11/2
Baths
591
SqFt
$1,007
$/SqFt
Condo
Built in 2025
Bay,City,Water View
$870/mo HOA
High Rise
Balcony
NEW CONSTRUCTION ~Blt. 2025
New Construction is the listings in the subdivision built in the last 2 years and in most cases never been occupied.
Experience luxury urban living at 501 First Residences, a brand-new 40-story condominium in Downtown Miami with no rental restrictions and exceptional income potential in the vibrant heart of Downtown Miami. This fully furnished 591 SqFt 1 Bed / 1 ½ Bath east-facing residence features expansive skyline and bay views, overlooking Downtown Miami landmarks including the Freedom Tower, PortMiami, and Biscayne Bay. Modern design, floor-to-ceiling windows, private balcony,custom Italian cabinetry and in-unit washer/dryer. Located just steps from Miami Worldcenter, dining, entertainment, transit, and cultural destinations, 501 Residences redefines downtown lifestyle with over 20,000 sq. ft. of resort-style amenities including 24/7 valet, rooftop pool, fitness center, co-working spaces, pet lounge, private club suite, media room, and more. A turn-key opportunity in Miami’s most dynamic urban core. Ideal for full-time living or income-generating investment
MLS Number: A11955147
On Site: 231 Days
Updated: 160 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: 1
Exterior and Lot Features
  • Exterior Features: Balcony, SecurityHighImpactDoors
  • View: Bay,City,Water
Interior, Heating and Cooling
  • Interior Features: BuiltInFeatures, BedroomOnMainLevel, ClosetCabinetry
  • Equipment / Appliances: Dryer, Dishwasher, ElectricRange, Microwave, Refrigerator, Washer
  • Heating Description: Electric
  • Cooling Description: Electric
Building and Construction
  • Floor Description: Tile
  • Year Built: 2025
  • Year Built Description: Under Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: No info
    • Listing Date: 2026-02-01T17:12:50.000-00:00
    • Directions: East
    • Pets Allowed: Conditional,Yes
    Taxes, Fees & More
    • Maintenance Includes: AssociationManagement, CommonAreas, HotWater, Internet, MaintenanceGrounds, Other, Parking, Pools, RecreationFacilities, Sewer, Security, Trash, Water
    • Taxes: No info
    • Security Information: DoorMan, ElevatorSecured, LobbySecured, FireSprinklerSystem, SmokeDetectors
    • Parking Description: Other,OneSpace,Valet
    • Total Floors in Building: 40

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    Price History

    Current
    $595K
    High
    $720K
    Low
    $595K
    Total Change
    -17.4%
    $735K$658K$580KJan 26Feb 26Apr 26
    Date
    Event
    Price
    Change
    Price Per
    04/13/2026
    Price Reduced
    $595K
    -12.5%
    $1,007 ft2
    $10,837 m2
    02/27/2026
    Price Reduced
    $680K
    -5.56%
    $1,151 ft2
    $12,385 m2
    01/29/2026
    Listed
    $720K
     
    $1,218 ft2
    $13,114 m2
    04/13/2026
    $595K
    Event
    Price Reduced
    Change
    -12.5%
    Price Per
    $1,007 ft2
    $10,837 m2
    02/27/2026
    $680K
    Event
    Price Reduced
    Change
    -5.56%
    Price Per
    $1,151 ft2
    $12,385 m2
    01/29/2026
    $720K
    Event
    Listed
    Price Per
    $1,218 ft2
    $13,114 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Carolina Lara-Arashiro • One Sotheby's International Realty • Buyer Agency Compensation .

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    The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity' Program of the Regional Multiple Listing Service of Miami Dade, Broward, Palm Beach, Collier and Lee Counties. Not all listings found on this site are necessarily listed through Subdivisions.com. Real estate listings held by brokerage firms other than Subdivisions.com are marked with the Broker Reciprocity' logo or the Broker Reciprocity' thumbnail logo (little black house) and detailed information about them includes the name of the listing brokers.

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