Condo in 121 NE 5 Street 801B, Miami, FL 33132 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.
121 NE 5 Street 801B, Miami, FL 33132
Price
- Price:
- $395,000.00
- 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
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- June 26, 2026 9:35 pm
- Other Special Conditions:
- Sold As-is
Rooms Distribution
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Master Bedroom Bath:
- Bedroom On Entry Level
Property Features
- Waterfront:
- No
- Security:
- Lobby - Attended
- Appliances:
- Dishwasher, Electric Water Heater
- Interior:
- Closet Cabinetry
- Exterior:
- Balcony
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Other
- Unit Description:
- High Rise, Studio
- Balcony Details:
- Balcony - Open
Construction
- Year Built:
- 2025
- Levels:
- Two
- Construction Materials:
- Other
- Flooring:
- Tile
- Number of stories:
- 40
- Property Condition:
- New Construction
Taxes and Expenses
- Tax Year:
- 2026
- Association Fee:
- $563.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
Parking
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Valet
Community
- Association
- Application Required
- Application Fee:
- $100.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Homeowner Association, Condominium
- Pets Allowed?:
- Yes, Dogs Ok
- Lease Number Times per Year Allowed:
- 12
- Amenities Provided by the Homeowner's Association (HOA):
- Pool, Maintenance, Fitness Center
- Subdivision Name:
- 501 FIRST RESIDENCES
- Association Fee Includes:
- Water, Trash
- Senior Community:
- No
- Restrictions:
- See Remarks
- Minimum Days per Lease:
- 30
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Other
Zoning and Legal
- Tax Legal Description:
- 501 FIRST RESIDENCES
- Real Estate Folio Number (Parcel Number):
- 0141010080370
Public Schools Assigned
- Elementary School:
- Frederick Douglass
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
Listing History
- Active on the market since:
- May 22, 2026
- Listing Agreement executed on:
- March 19, 2026
- Price change occurred on:
- June 26, 2026 9:35 pm
- Listing Status Last Changed On:
- May 22, 2026 3:32 pm
- Photos updated on:
- September 3, 2026 12:12 am
- Last Modified:
- September 3, 2026 12:12 am
Additional Information
- Courtesy of:
- Douglas Elliman
- Attribution:
- Not provided
Location
- Floor Number:
- 8
- Street Name:
- 5
- Street Number:
- 121
- Unit Number:
- 801B
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.6''
- Longitude:
- W81° 48' 29.5''
- Street Suffix:
- Street
- Street Direction Prefix:
- NE
Property Map
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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)
35
Good
☀️ O3
35
Good
🫁 PM2.5
35
Good
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