Condo in Miami, FL 33132
121 NE 5th St #3112

2
Beds
2
Baths
757
SqFt
$1,123
$/SqFt
Condo
Built in 2025
1 Parking
Ocean,Water View
$1,240/mo HOA
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.
This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami’s fastest-growing neighborhoods.
MLS Number: A12000487
On Site: 156 Days
Updated: 100 Days ago
Page Views: 0

Features

Bedrooms
  • Bedrooms: 2
Bathrooms
  • Bathrooms: 2
Exterior and Lot Features
  • Exterior Features: Balcony
  • View: Ocean,Water
Interior, Heating and Cooling
  • Interior Features: BedroomOnMainLevel, FirstFloorEntry
  • Equipment / Appliances: Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
  • Heating Description: Electric
  • Cooling Description: Electric
Building and Construction
  • Floor Description: CeramicTile
  • Year Built: 2025
  • Year Built Description: New Construction
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2026-04-17T15:10:04.000-00:00
    • Pets Allowed: NoPetRestrictions, Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities, CommonAreas, MaintenanceStructure, Security
    • Taxes: No info
    • Security Information: LobbySecured
    • Parking Description: Valet
    • Total Floors in Building: 40

    Apples-to-Apples Comparables

     Closest-Match Comparables
    See closest-match comps for this subdivision
    No obligation
    Verified
    Trends
    Insights
    Best of Luxury Realty
    Talk to a local advisor
    Licensed advisors answering your questions across Miami, FL
    01
    Licensed Brokerage
    02
    Local Advisors
    03
    Direct Answers
    Exclusive real estate service partner

    Price History

    Current
    $850K
    High
    $850K
    Low
    $850K
    Total Change
    0%
    $858K$850K$842KApr 26Jun 26
    Date
    Event
    Price
    Change
    Price Per
    06/09/2026
    Price Reduced
    $850K
    0%
    $1,123 ft2
    $12,086 m2
    04/13/2026
    Listed
    $850K
     
    $1,123 ft2
    $12,086 m2
    06/09/2026
    $850K
    Event
    Price Reduced
    Change
    0%
    Price Per
    $1,123 ft2
    $12,086 m2
    04/13/2026
    $850K
    Event
    Listed
    Price Per
    $1,123 ft2
    $12,086 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Ana Cruz GonzalezIRG • Buyer Agency Compensation .

    3D Tour

    Listing Location & Street View
    MapStreet View

    Peer Listings

    Active listings from matched communities
    Results 0 of 0
    No listings found
    Try adjusting your filters or changing your location to see available listings
    Turn on listing alerts and we'll notify you
    when matching listings appear