Condo in 121 NE 5th St 2411 Miami for sale with MLS# A11975772

Best deal at 501 First! Modern 1 Bed + Den condominium located in the heart of Downtown Miami, with exceptional views and prime positioning within the building. This unit is one of the few in the area featuring no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility. Delivered fully furnished in a brand-new building, the residence has never been occupied, presenting a true turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that support both comfort and strong rental demand. With the best location and one of the most desirable views in the building, the smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside. Seller financing available.

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Days on the market

121 NE 5th St 2411, Miami, FL 33132

Price
Price:
$649,900.00
Original List Price:
$649,900.00
More Listings Same Building:
501 First Residences in 121 5 Street Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Listed As Is
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11975772
Description of Last Important Update:
New Listing
Last Major Update on:
March 4, 2026 12:08 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
2
Room Type:
Den
Measures
Living Area:
597 Sqft
Built-Up Area:
659 Sqft
Lot Size Unit:
Square Feet
Property Features
View from the Property:
City, Bay
Waterfront:
No
Swimming Pool Features:
Association
Security:
Door Man, Elevator Secured, Lobby Secured, Door Man
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Washer, Electric Range, Ice Maker
Interior:
Closet Cabinetry, Built-in Features, Other, Custom Mirrors, Convertible Bedroom, Living Dining Room
Exterior:
Deck, Barbecue, Security High Impact Doors
Patio and Porch:
Deck
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Construction
Year Built:
2026
Year Built Details:
New Construction
Architectural Style:
High Rise, High Rise
Entry Level (floor):
24
Entry Level Location:
24
Construction Materials:
Block
Flooring:
Tile
Number of stories:
40
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2026
Association Fee:
$890.00
Association Fee Frequency:
Monthly
Property Tax Status:
New Construction
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
One Space, Valet
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Sauna, Spa/hot Tub, Billiard Room, Trash, Clubhouse, Other, Playground, Barbecue, Fitness Center, Picnic Area
Subdivision Name:
501 First Residences
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Common Areas, Other, Association Management, Insurance, Internet, Hot Water, Recreation Facilities, Amenities, Pools
Complex Name:
501 First Residences
Senior Community:
No
Restrictions:
Daily Rentals Allowed, No Restrictions
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
501 First Residences Unit 2411
Real Estate Folio Number (Parcel Number):
00-00-00-501-2411
Listing History
Originally published on:
March 4, 2026 12:08 pm
Active on the market since:
March 3, 2026
Price change occurred on:
March 3, 2026 2:05 pm
Listing Status Last Changed On:
March 4, 2026 12:08 pm
Photos updated on:
March 5, 2026 4:45 pm
Last Modified:
March 6, 2026 6:09 pm
Additional Information
Unit View:
Bay, Skyline View
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise
Type of Association:
Condo
Minimum Number of Days per Lease:
1
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$150.00
Number of Times Leased per Year:
365
Application Fee:
$150.00
Rooms Description:
Den/Library/Office
Style:
Condo 5+ Stories
Municipal Code:
30
Courtesy of:
Rutois International Realty LLC
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
121
Unit Number:
2411
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 45.3''
Longitude:
W81° 48' 29.2''
Street Direction Prefix:
NE
Property Map

Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $109,505
Median Home Value $545,100
Median Rent $2,534/mo
Median Age 34
Population 18,244

Air Quality

Source: AirNow.gov · Miami

🌬️ Air Quality Index (AQI) 50 Good
☀️ O3 45 Good
🫁 PM2.5 50 Good

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Association of REALTORS®
Disclaimer: IDX listing information is presented by Rebonus Brokerage LLC for consumer informational purposes only. The information provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed by the MLS or the real estate broker. This page presents structured listing information sourced directly from the MLS via the RESO Web API feed. Rebonus prioritizes maximum field coverage and data completeness, displaying the most granular MLS-provided attributes available.