Condo in 121 NE 5th Street 912B, Miami, FL 33132 with MLS# A12006409

Modern, turnkey studio in brand new construction at 501 First Residences in Downtown Miami. 475 SF designer fully furnished and finished. No rental restrictions. Revenue the day you close. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. Dedicated owners' storage literally 5 steps from the unit's front door. Luxury amenities include a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges in the building. 24-hour valet. Contactless package lockers. Prime location with Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science all less than a 5-10 minute walk away. Ultimate short-term rental potential in one of Miami's fastest-growing urban areas. This unit features an extra closet and larger tub/shower other studios in this building do not have.

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Days on the market

121 NE 5th Street 912B, Miami, FL 33132

Price
Price:
$414,500.00
Original List Price:
$448,500.00
List Price per Sq Ft (Calculated, Approx.):
$853.71
Close Price:
$391,000.00
Transaction closed on:
July 9, 2026
More Listings Same Building:
501 First Residences in 121 5 Street Miami
Property Status and Type
Listing Type:
Sold
Status:
Closed
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Status Change
Last Major Update on:
July 9, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Master Bdrm - Ground, Combo Tub/shower
Measures
Living Area:
458 Sqft
Property Features
View from the Property:
Garden
Waterfront:
No
Security:
Security Guard, Security System, Closed Circuit Camera(s), Security Patrol, Lobby - Attended, Elevator Secure
Appliances:
Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range
Exterior:
Balcony, Courtyard
Green Energy Efficient:
Hvac
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Electric
Unit Description:
Corner/end Unit, High Rise
Balcony Details:
Balcony - Open
Construction
Year Built:
2025
Levels:
Two
Entry Level (floor):
1
Construction Materials:
CBS
Flooring:
Tile
Number of stories:
52
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2026
Association Fee:
$650.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Garage Door Opener
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval
Association Type:
Homeowner Association
Pets Allowed?:
Yes, Pet Restrictions Possible
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Sauna, Trash Chute, Clubhouse, Maintenance, Parking
Subdivision Name:
501 First Residences
Association Fee Includes:
Sewer, Trash, Internet, Hot Water
Senior Community:
Yes
Restrictions:
Other Restrictions
Minimum Days per Lease:
365
Leasing Permitted
Leasing Permitted Details:
Okay To Lease, Okay To Lease During First Year, Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
501FIRSTRESIDENCESCONDOUNIT912BUNDIV 0.16865%INTINCOMMONELEMENTSOFFREC35067-4463
Real Estate Folio Number (Parcel Number):
0141010084220
Public Schools Assigned
Elementary School:
Wyomina Park Elementary School
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
April 23, 2026
Listing Agreement executed on:
April 23, 2026
Purchase Contract Date:
June 15, 2026
Price change occurred on:
May 18, 2026 3:39 pm
Listing Status Last Changed On:
July 9, 2026 4:00 am
Photos updated on:
July 13, 2026 3:39 pm
Last Modified:
July 13, 2026 3:40 pm
Additional Information
Courtesy of:
Lifestyle International Realty
Attribution:
Not provided
Location
Floor Number:
9
Street Name:
5th
Street Number:
121
Unit Number:
912B
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 45.6''
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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 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. Properties may be listed or sold by various participants in the MLS.