Condo in 121 NE 5th St 902 Miami for sale with MLS# A11988136

One of the most flexible investment opportunities in all of Miami right now. This modern 1 Bed + Den is perfectly positioned in the heart of Downtown, offering exceptional views and one of the most desirable lines in the building. What makes this unit stand out? No rental restrictions - Airbnb daily, short-term, or long-term with zero limitations Fully furnished & never lived in - true turnkey, start earning immediately Smart layout with a versatile den (office or guest space) Located in a brand-new luxury building with resort-style amenities Unbeatable location - walk everywhere: Steps from Kaseya Center (concerts, NBA games, major events) Minutes to Miami Worldcenter - one of the largest developments in the U.S. Easy access to the Metromover Close to Brightline for seamless travel to Fort Lauderdale, West Palm & Orlando Quick reach to PortMiami - the cruise capital of the world Why this matters: Downtown Miami is rapidly transforming into the "new Manhattan" - with massive growth, global investment, and skyrocketing demand for flexible rental properties. This is not just a condo - it's a cash-flow machine + appreciation play in one of the hottest markets in the country.

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Days on the market

121 NE 5th St 902, Miami, FL 33132

Price
Price:
$600,000.00
Original List Price:
$600,000.00
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:
A11988136
Description of Last Important Update:
New Listing
Last Major Update on:
March 23, 2026 7:04 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
2
Room Type:
Den
Measures
Living Area:
597 Sqft
Living Area Source:
Appraiser
Lot Size Unit:
Square Feet
Property Features
View from the Property:
City
Waterfront:
No
Security:
Smoke Detector(s), Door Man, Door Man
Furnished:
Furnished
Accessibility:
Accessible Elevator Installed
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Built In Oven
Interior:
Bedroom On Main Level, Elevator, Living Dining Room
Exterior:
Balcony
Patio and Porch:
Balcony, Open
Windows:
Blinds
Green Energy Efficient:
Appliances
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central, Electric
Water Access Description:
None
Construction
Year Built:
2025
Year Built Details:
New Construction
Architectural Style:
High Rise, High Rise
Entry Level (floor):
9
Entry Level Location:
9
Flooring:
Ceramic Tile
Number of stories:
40
Taxes and Expenses
Tax Annual Amount:
$0.00
Tax Year:
2025
Association Fee:
$892.00
Association Fee Frequency:
Monthly
Property Tax Status:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
One Space, Valet
Community
Pets Allowed?:
No Pet Restrictions, No
Amenities Provided by the Homeowner's Association (HOA):
Clubhouse, Elevator(s), Fitness Center
Subdivision Name:
501 First Residences Condo
Association Fee Includes:
Roof, Sewer, Water, Trash, Security, Maintenance Structure, Common Areas, Association Management, Insurance, Internet, Amenities, Pools
Complex Name:
501 First Residences Cond
Senior Community:
No
Development Status:
New Construction
Restrictions:
Daily Rentals Allowed, Okay to Lease During First Year of Ownership, Okay to Lease
Terms
Disclosures:
Owner Is Listing Agent, Home Warranty
Listing Terms Considered by Seller:
Cash, Conventional, FHA, Cryptocurrency
Occupant Type:
Vacant
Buyer Possession:
Close Of Escrow, Immediately
Lease Considered
Zoning and Legal
Tax Legal Description:
121 NE 5th Street #902 MIAMI, FL 33132
Real Estate Folio Number (Parcel Number):
01-41-01-008-0750
Listing History
Originally published on:
March 23, 2026 7:04 pm
Active on the market since:
March 23, 2026
Price change occurred on:
March 23, 2026 6:31 pm
Listing Status Last Changed On:
March 23, 2026 7:04 pm
Photos updated on:
March 23, 2026 11:24 pm
Last Modified:
March 24, 2026 10:15 pm
Additional Information
Unit View:
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:
$0.00
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:
Clients 1st Realty, Inc
Attribution:
Not provided
Location
Street Name:
5th St
Street Number:
121
Unit Number:
902
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.