Condo in 121 NE 5th St 2211 Miami for sale with MLS# A11985345

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami's newest short-term-rental-friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

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Days on the market

121 NE 5th St 2211, Miami, FL 33132

Price
Price:
$630,888.00
Original List Price:
$630,888.00
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:
Corporate Listing (Corporate Owned Property)
Listing Category:
Residential
Property Type:
Condominium
MLS Number:
A11985345
Description of Last Important Update:
New Listing
Last Major Update on:
April 6, 2026 12:44 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
2
Room Type:
Florida Room, Family Room, Den, Media Room, Recreation
Measures
Living Area:
659 Sqft
Living Area Source:
Builder
Lot Size Unit:
Square Feet
Property Features
View from the Property:
City, Other
Waterfront:
No
Swimming Pool Features:
Heated, Association
Security:
Door Man, Security Guard, Elevator Secured, Door Man
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Trash Compactor, Electric Range, Electric Water Heater
Interior:
Entrance Foyer, Bar, Other, Elevator, Convertible Bedroom, Living Dining Room
Exterior:
Barbecue, Balcony, Security High Impact Doors
Patio and Porch:
Balcony, Open
Laundry:
Common Area
Green Energy Efficient:
Appliances
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):
22
Entry Level Location:
22
Construction Materials:
Block, Brick
Flooring:
Ceramic Tile
Number of stories:
40
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2025
Association Fee:
$893.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Utilities
Utilities Available:
Cable Available
Community
Pets Allowed?:
Yes, Conditional
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Library, Pool, Sauna, Spa/hot Tub, Clubhouse, Laundry, Barbecue, Elevator(s), Fitness Center, Picnic Area
Subdivision Name:
501 First Residences
Association Fee Includes:
Sewer, Water, Trash, Security, Maintenance Structure, Common Areas, Insurance, Internet, Hot Water, Recreation Facilities, Pools
Complex Name:
501 First Residences
Senior Community:
No
Development Name:
501 First Residences
Restrictions:
Corporate Buyer Allowed, Daily Rentals Allowed, Okay to Lease During First Year of Ownership, Okay to Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Occupant Type:
Vacant
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
501 First Residences
Real Estate Folio Number (Parcel Number):
01-01-06-020-1150
Listing History
Originally published on:
April 6, 2026 12:44 pm
Active on the market since:
April 6, 2026
Price change occurred on:
April 6, 2026 12:44 pm
Listing Status Last Changed On:
April 6, 2026 12:44 pm
Photos updated on:
April 6, 2026 4:59 pm
Last Modified:
April 6, 2026 4:59 pm
Additional Information
Unit View:
Other View, Skyline View
Housing Older Persons Act:
No HOPA
Unit Design:
High-Rise
Type of Association:
Condo
Minimum Number of Days per Lease:
365
Type of Governing Bodies of the Association:
Condominium
Pet Fee:
$100.00
Number of Times Leased per Year:
365
Application Fee:
$150.00
Rooms Description:
Den/Library/Office, Family Room, Florida Room, Media Room, Recreation Room
Style:
Co-Op 5+ Stories
Municipal Code:
1
Subdivision Number:
20
Courtesy of:
Potential Property Group
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
121
Unit Number:
2211
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) 50 Good
☀️ O3 50 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.