Condo in 121 NE 5 St 3112 Miami for sale with MLS# A12000487
This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami's fastest-growing neighborhoods.
121 NE 5 St 3112, Miami, FL 33132
- Price:
- $850,000.00
- Original List Price:
- $850,000.00
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Special Sale Conditions:
- Listed As Is
- Listing Category:
- Residential
- Property Type:
- Condominium
- MLS Number:
- A12000487
- Description of Last Important Update:
- New Listing
- Last Major Update on:
- April 17, 2026 3:10 pm
- Bedrooms:
- 2
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Living Area:
- 757 Sqft
- Lot Size Unit:
- Square Feet
- View from the Property:
- Ocean, Water
- Waterfront:
- No
- Swimming Pool Features:
- Association
- Security:
- Lobby Secured
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
- Interior:
- First Floor Entry, Bedroom On Main Level
- Exterior:
- Balcony
- Patio and Porch:
- Balcony, Open
- Air Conditioning
- Air Conditioning System:
- Electric
- Heating
- Heating System:
- Electric
- Year Built:
- 2025
- Year Built Details:
- New Construction
- Entry Level (floor):
- 31
- Entry Level Location:
- 31
- Construction Materials:
- Block
- Flooring:
- Ceramic Tile
- Number of stories:
- 40
- Tax Annual Amount:
- $0.00
- Tax Year:
- 2025
- Association Fee:
- $1,240.00
- Association Fee Frequency:
- Monthly
- Property Tax Status:
- New Construction
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Valet
- Pets Allowed?:
- Yes, No Pet Restrictions
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Fitness Center
- Subdivision Name:
- 501 FIRST RESIDENCES CONDO
- Association Fee Includes:
- Security, Maintenance Structure, Common Areas, Amenities
- Complex Name:
- 501 FIRST
- Senior Community:
- No
- Restrictions:
- Okay to Lease During First Year of Ownership, Okay to Lease
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Vacant
- Buyer Possession:
- Closing And Funding
- Tax Legal Description:
- 501 FIRST RESIDENCES CONDO UNIT 3112 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463
- Real Estate Folio Number (Parcel Number):
- 01-41-01-008-4450
- Originally published on:
- April 17, 2026 3:10 pm
- Active on the market since:
- April 13, 2026
- Price change occurred on:
- April 13, 2026 11:07 pm
- Listing Status Last Changed On:
- April 17, 2026 3:10 pm
- Photos updated on:
- April 17, 2026 7:33 pm
- Last Modified:
- April 18, 2026 12:01 am
- Unit View:
- Ocean View, Water View
- Housing Older Persons Act:
- No HOPA
- Unit Design:
- Corner Unit
- 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
- Style:
- Condo 5+ Stories
- Municipal Code:
- 1
- Subdivision Number:
- 8
- Courtesy of:
- IRG
- Attribution:
- Not provided
- Street Name:
- 5 ST
- Street Number:
- 121
- Unit Number:
- 3112
- City:
- Miami
- State:
- Florida
- Zip Code:
- 33132
- County:
- Miami-Dade
- Latitude:
- N25° 46' 45.7''
- Longitude:
- W81° 48' 29.9''
- Street Direction Prefix:
- NE
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami
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