Condo in Miami, FL 33132
121 NE 5th St #3405

$588K11.6%
$520,000
1
Beds
1
Baths
489
SqFt
Status
Active
Parking
1
Size
489 SqFt (45 m2)
Price
$1,063/SqFt ($11,446/m2)
Type
Condo
Built
2025
HOA
$802/MO
MLS Number
A12054926
View
Bay
On Site
55 Days
Updated
7 Days ago
Page Views
0
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 elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas. Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront. One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you're looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami's fastest-growing and most exciting neighborhoods.

Features

Bedrooms
  • Bedrooms: 1
Bathrooms
  • Bathrooms: 1
  • Half Bathrooms: No info
Exterior and Lot Features
  • Exterior Features: None
  • View: Bay
Interior, Heating and Cooling
  • Equipment / Appliances: Dishwasher,Disposal
  • Heating Description: Central
  • Cooling Description: Other
Building and Construction
  • Floor Description: Other
  • Year Built: 2025
  • Year Built Description: New Construction
  • Style: HighRise
Waterfront and Water Access
  • Waterfront Frontage: No info
School Information
    Other Property Info
    • Garage: 1
    • Listing Date: 2026-07-16T14:05:41.000-00:00
    • Pets Allowed: DogsOk,Yes
    Taxes, Fees & More
    • Maintenance Includes: Amenities
    • Taxes: No info
    • Security Information: DoorMan, ElevatorSecured, KeyCardEntry
    • Parking Description: Valet
    • Total Floors in Building: 40

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    Price History

    Current
    $520K
    High
    $588K
    Low
    $520K
    Total Change
    -11.6%
    $596K$554K$512KJul 26Jul 26Aug 26Sep 26
    Date
    Event
    Price
    Change
    Price Per
    09/02/2026
    Price Reduced
    $520K
    -1.89%
    $1,063 ft2
    $11,446 m2
    08/05/2026
    Price Reduced
    $530K
    -1.85%
    $1,084 ft2
    $11,667 m2
    07/24/2026
    Price Reduced
    $540K
    -8.16%
    $1,104 ft2
    $11,887 m2
    07/16/2026
    Listed
    $588K
     
    $1,202 ft2
    $12,943 m2
    09/02/2026
    $520K
    Event
    Price Reduced
    Change
    -1.89%
    Price Per
    $1,063 ft2
    $11,446 m2
    08/05/2026
    $530K
    Event
    Price Reduced
    Change
    -1.85%
    Price Per
    $1,084 ft2
    $11,667 m2
    07/24/2026
    $540K
    Event
    Price Reduced
    Change
    -8.16%
    Price Per
    $1,104 ft2
    $11,887 m2
    07/16/2026
    $588K
    Event
    Listed
    Price Per
    $1,202 ft2
    $12,943 m2
    Price per square foot and days on website are not provided values and are calculated by Subdivisions.
    Listed by Ekaterina BrosdaBrosda & Bentley Realtors, LLC • Buyer Agency Compensation .

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