Condo in 121 NE 5th Street 1404, Miami, FL 33132 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.

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Days on the market

121 NE 5th Street 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
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
New Listing
Last Major Update on:
April 1, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Bedroom On Entry Level
Property Features
View from the Property:
Skyline
Waterfront:
No
Security:
Lobby - Attended, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Closet Cabinetry, Built-in Features
Exterior:
Balcony, Lighting
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Unit Description:
High Rise, Interior Hallway
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2026
Levels:
Two
Construction Materials:
Block
Flooring:
Tile
Number of stories:
40
Property Condition:
Resale
Taxes and Expenses
Tax Year:
2025
Association Fee:
$588.00
Association Fee Frequency:
Monthly
Property Tax Details:
New Construction
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Valet
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Clubhouse, Elevator(s), Fitness Center, Lobby
Subdivision Name:
501 First Residences
Association Fee Includes:
Water, Trash, Common Areas, Internet, Hot Water, Elevator
Senior Community:
No
Development Name:
501 First
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
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):
0141010081470
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:
April 1, 2026
Listing Agreement executed on:
April 1, 2026
Listing Status Last Changed On:
April 1, 2026 4:00 am
Photos updated on:
August 5, 2026 9:12 pm
Last Modified:
August 5, 2026 9:12 pm
Additional Information
Courtesy of:
Exclusive Living R.E. LLC
Attribution:
Not provided
Location
Floor Number:
14
Street Name:
5th
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 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) 45 Good
☀️ O3 30 Good
🫁 PM2.5 45 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.