Condo in 121 NE 5 1404 Miami for sale with MLS# A11992993
Excellent investor opportunity! This brand-new furnished studio in Downtown Miami can be rented daily. Located in modern 501 First building, just steps from the Metromover, with easy access to Brickell, Miami Beach, and major highways. This contemporary unit features modern finishes, new appliances with washer and dryer included, and an efficient layout. Enjoy living in a luxury building in the heart of the city, close to restaurants, shopping, and entertainment. Amenities include 75-foot resort-style rooftop pool, state-of-the-art fitness center, yoga/meditation area, sunrise and sunset terraces with city views, greenhouse lounge, co-working spaces, pet lounge with pet-washing station, and more! Perfect for convenient urban living.
121 NE 5 1404, Miami, FL 33132
Price
- Price:
- $489,000.00
- Original List Price:
- $489,000.00
- 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:
- A11992993
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 1, 2026 10:16 am
Rooms Distribution
- Bathrooms Total:
- 1
- Full Bath:
- 1
Measures
- Living Area Source:
- Plans
- Lot Size Unit:
- Square Feet
Property Features
- View from the Property:
- City
- Waterfront:
- No
- Swimming Pool Features:
- Association
- Security:
- Door Man, Elevator Secured, Door Man
- Furnished:
- Furnished
- Appliances:
- Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
- Interior:
- Closet Cabinetry, Bedroom On Main Level, Built-in Features
- Exterior:
- Balcony, Security High Impact Doors
- Patio and Porch:
- Balcony, Open
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central
- Building:
- Exterior Lighting
Construction
- Year Built:
- 2026
- Year Built Details:
- Resale
- Architectural Style:
- High Rise, High Rise
- Entry Level (floor):
- 14
- Entry Level Location:
- 14
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 40
Taxes and Expenses
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2025
- Association Fee:
- $588.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- New Construction
Parking
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- One Space, Valet
Community
- Pets Allowed?:
- Size Limit (There are size restrictions on allowed pets), Yes
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Clubhouse, Elevator(s), Fitness Center
- Subdivision Name:
- 501 First Residences
- Association Fee Includes:
- Water, Trash, Common Areas, Internet, Hot Water
- Complex Name:
- 501 First Residences
- Senior Community:
- No
- Development Name:
- 501 First
- Restrictions:
- Daily Rentals Allowed
Terms
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Call Agent
- Buyer Possession:
- Close Of Escrow
- Lease Considered
Zoning and Legal
- Tax Legal Description:
- 501 FIRST RESIDENCES CONDO UNIT 1404 UNDIV 0.14822% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Real Estate Folio Number (Parcel Number):
- 01-41-01-008-1470
Listing History
- Originally published on:
- April 1, 2026 10:16 am
- Active on the market since:
- April 1, 2026
- Price change occurred on:
- April 1, 2026 9:41 am
- Listing Status Last Changed On:
- April 1, 2026 10:16 am
- Photos updated on:
- April 1, 2026 2:45 pm
- Last Modified:
- April 1, 2026 2:45 pm
Additional Information
- Unit View:
- Skyline View
- Pet Fee Description:
- Refundable
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- High-Rise, Interior Hall, Lobby
- Type of Association:
- Condo
- Minimum Number of Days per Lease:
- 1
- Type of Governing Bodies of the Association:
- Condominium
- Pet Fee:
- $300.00
- Number of Times Leased per Year:
- 365
- Application Fee:
- $150.00
- Style:
- Condo 5+ Stories
- Municipal Code:
- 1
- Courtesy of:
- Exclusive Living R.E. LLC
- Attribution:
- Not provided
Location
- Street Name:
- 5
- Street Number:
- 121
- Unit Number:
- 1404
- 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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