Condo in 121 NE 5th Street 1913, Miami, FL 33132 for sale with MLS# A11955147
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
121 NE 5th Street 1913, Miami, FL 33132
- Price:
- $595,000.00
- Original List Price:
- $720,000.00
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- April 13, 2026 2:05 pm
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 1
- Half Bath:
- 1
- Master Bedroom Bath:
- Separate Shower, Master Bdrm - Ground, Separate Tub
- Living Area:
- 591 Sqft
- View from the Property:
- Water, Bay, Skyline
- Waterfront:
- No
- Security:
- Smoke Detector(s), Fire Sprinkler System, Security System, Lobby - Attended, Elevator Secure
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
- Interior:
- Closet Cabinetry, Built-in Features
- Exterior:
- Balcony
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Property Entrance Faces:
- East
- Unit Description:
- High Rise
- Balcony Details:
- Balcony - Open
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 2025
- Levels:
- Two
- Flooring:
- Tile
- Number of stories:
- 40
- Property Condition:
- New Construction, Under Construction
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2025
- Association Fee:
- $870.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- New Construction
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Valet
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Homeowner Association
- Pets Allowed?:
- Yes, Pet Restrictions Possible
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Heated Pool, Pool, Sauna, Spa/hot Tub, Community Room, Cabana, Clubhouse, Other, Management, Elevator(s), Fitness Center, Parking, Lobby
- Subdivision Name:
- 501 First Residences
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Security, Common Areas, Internet, Hot Water, Elevator, Pool Service, Recreation Facility
- Senior Community:
- No
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- 121 NE 5th Street # 1913 MIAMI, FL 33132
- Elementary School:
- Frederick Douglass
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- February 1, 2026
- Listing Agreement executed on:
- February 1, 2026
- Price change occurred on:
- April 13, 2026 2:05 pm
- Listing Status Last Changed On:
- February 1, 2026 10:17 pm
- Photos updated on:
- April 13, 2026 1:08 pm
- Last Modified:
- July 9, 2026 8:30 am
- Courtesy of:
- One Sotheby's International Realty
- Attribution:
- Not provided
- Floor Number:
- 19
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 1913
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.6''
- Longitude:
- W81° 48' 29.9''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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