Condo in 121 NE 5 St 801B Miami for sale with MLS# A11981555

501 First Residences brand new modern luxury studio, which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and a sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, a fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami's evolving rental ‌ ‌ ‌ ‌‌ ‌‌ ‌ ‌ ‌‌ landscape.

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Days on the market

121 NE 5 St 801B, Miami, FL 33132

Price
Price:
$375,000.00
Previous Asking Price:
$410,000.00
Original List Price:
$410,000.00
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:
A11981555
Description of Last Important Update:
Price Change
Last Major Update on:
April 14, 2026 3:48 pm
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Measures
Living Area Source:
Owner
Lot Size Unit:
Square Feet
Property Features
Waterfront:
No
Swimming Pool Features:
Association
Security:
Door Man, Door Man
Appliances:
Dishwasher, Electric Water Heater
Interior:
Closet Cabinetry, Bedroom On Main Level
Exterior:
Balcony
Patio and Porch:
Balcony, Open
Air Conditioning
Air Conditioning System:
Central Air
Heating System:
Other
Construction
Year Built:
2025
Year Built Details:
New Construction
Architectural Style:
High Rise, High Rise
Entry Level (floor):
8
Entry Level Location:
8
Construction Materials:
Other
Flooring:
Tile
Number of stories:
40
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2026
Association Fee:
$400.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Community
Pets Allowed?:
Yes, Dogs Ok
Amenities Provided by the Homeowner's Association (HOA):
Pool, Fitness Center
Subdivision Name:
501 FIRST RESIDENCES
Association Fee Includes:
Water, Trash, Amenities
Complex Name:
501 FIRST RESIDENCES
Senior Community:
No
Restrictions:
See Remarks
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Other
Lease Considered
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES
Real Estate Folio Number (Parcel Number):
01-41-01-008-0370
Listing History
Originally published on:
March 19, 2026 3:19 pm
Active on the market since:
March 19, 2026
Price change occurred on:
April 14, 2026 3:48 pm
Listing Status Last Changed On:
March 19, 2026 3:19 pm
Photos updated on:
March 19, 2026 7:38 pm
Last Modified:
April 14, 2026 7:48 pm
Additional Information
Unit View:
None
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise
Type of Association:
Condo
Minimum Number of Days per Lease:
30
Type of Governing Bodies of the Association:
Homeowner Association
Pet Fee:
$0.00
Number of Times Leased per Year:
12
Application Fee:
$100.00
Style:
Condo 5+ Stories
Municipal Code:
0
Courtesy of:
Douglas Elliman
Attribution:
Not provided
Location
Street Name:
5 St
Street Number:
121
Unit Number:
801B
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 45.7''
Longitude:
W81° 48' 29.9''
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) 46 Good
☀️ O3 46 Good
🫁 PM2.5 42 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.