Condo in 121 NE 5th Street 2211, Miami, FL 33132 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.
121 NE 5th Street 2211, Miami, FL 33132
- Price:
- $595,000.00
- Original List Price:
- $630,888.00
- List Price per Sq Ft (Calculated, Approx.):
- $902.88
- 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:
- June 10, 2026 6:07 pm
- Other Special Conditions:
- Corporate Owned
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Florida Room, Family Room, Den, Game Room, Media Room, Convertible Bedroom
- Master Bedroom Bath:
- 2 Master Baths, Other
- Dining Area:
- Dining/Living Room
- Living Area:
- 659 Sqft
- View from the Property:
- Other, Skyline
- Waterfront:
- No
- Swimming Pool Features:
- Private
- Security:
- Security Guard, Lobby - Attended, Elevator Secure
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Trash Compactor, Electric Range, Electric Water Heater
- Interior:
- Entrance Foyer, Elevator
- Exterior:
- Barbecue, Balcony
- Green Energy Efficient:
- Appliances
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Unit Description:
- High Rise
- Balcony Details:
- Balcony - Open
- Storm Protection Impact Glass:
- Partial
- Year Built:
- 2026
- Levels:
- Two
- Construction Materials:
- Concrete Block - No Stucco
- Flooring:
- Ceramic Tile
- Number of stories:
- 40
- Property Condition:
- New Construction
- Tax Year:
- 2025
- Association Fee:
- $893.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- Tax Reflects No Exemptions
- Garage Spaces:
- 0
- Covered Spaces:
- 0
- Parking Features:
- Valet
- Utilities Available:
- Cable Available
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- Other Approvals, Rapid Approval
- Association Type:
- Condominium
- 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, Library, Pool, Sauna, Spa/hot Tub, Community Room, Bar, Clubhouse, Laundry, Elevator(s), Fitness Center, Picnic Area
- Subdivision Name:
- 501 First Residences
- Association Fee Includes:
- Maintenance Grounds, Sewer, Water, Trash, Security, Maintenance Structure, Common Areas, Insurance, Internet, Hot Water, Pool Service, Recreation Facility
- Senior Community:
- No
- Development Name:
- 501 First Residences
- Restrictions:
- Other Restrictions
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional, VA Loan
- Buyer Possession:
- Negotiable
- Tax Legal Description:
- 501 First Residences
- Real Estate Folio Number (Parcel Number):
- 0101060201150
- Elementary School:
- Cutler Ridge
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- April 6, 2026
- Listing Agreement executed on:
- April 6, 2026
- Price change occurred on:
- June 10, 2026 6:07 pm
- Listing Status Last Changed On:
- April 6, 2026 4:00 am
- Photos updated on:
- July 22, 2026 4:30 pm
- Last Modified:
- July 22, 2026 4:30 pm
- Courtesy of:
- Potential Property Group
- Attribution:
- Not provided
- Floor Number:
- 22
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 2211
- 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
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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