Condo in 121 NE 5th 3313, Miami, FL 33132 for sale with MLS# A12004132

Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.

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121 NE 5th 3313, Miami, FL 33132

Price
Price:
$594,900.00
Original List Price:
$605,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,006.59
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:
Price Reduced
Last Major Update on:
June 16, 2026 9:51 pm
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
1
Half Bath:
1
Master Bedroom Bath:
Separate Shower, Master Bdrm - Ground, Separate Tub, None
Measures
Living Area:
591 Sqft
Property Features
View from the Property:
Water, Bay, Skyline
Waterfront:
Yes
Waterfront Features:
Bayfront
Security:
Smoke Detector(s), Fire Sprinkler System, Security System, Lobby - Attended
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Microwave, Refrigerator, Washer, Electric Range
Interior:
Closet Cabinetry, Built-in Features
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Electric
Property Entrance Faces:
East
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2025
Levels:
Two
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
40
Number of Units in the Community or Building:
448
Flood Zone Code:
X
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2025
Association Fee:
$870.00
Association Fee Frequency:
Monthly
Property Tax Details:
New Construction
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Community
Association
Application Required
Application Fee:
$150.00
Application Information:
1-2 Weeks 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, Pool, Sauna, Spa/hot Tub, Community Room, Cabana, Clubhouse, Other, Management, Elevator(s), Fitness Center, Parking, Lobby
Subdivision Name:
501 FIRST RESIDENCES
Association Fee Includes:
Maintenance Grounds, Sewer, Water, Trash, Security, Common Areas, Internet, Hot Water, Elevator, Pool Service, Recreation Facility
Senior Community:
No
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
MIAMI NORTH PB B-41 LOT 13 BLK 62 LESS S10FT FOR R/W LOT SIZE 7000 SQ FT M/L OR 17180-1196 0496 6
Real Estate Folio Number (Parcel Number):
0141010084720
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 24, 2026
Listing Agreement executed on:
April 24, 2026
Price change occurred on:
June 16, 2026 9:51 pm
Listing Status Last Changed On:
April 24, 2026 4:00 am
Photos updated on:
August 5, 2026 9:21 pm
Last Modified:
August 5, 2026 9:22 pm
Additional Information
Courtesy of:
The Keyes Company
Attribution:
Not provided
Location
Floor Number:
33
Street Name:
5th
Street Number:
121
Unit Number:
3313
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

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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 35 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.