Condo in 121 NE 5th Street 2102, Miami, FL 33132 for sale with MLS# A12023677

Best deal at 501 First! Modern 1 Bed + Den condominium located in the heart of Downtown Miami, with exceptional views and prime positioning within the building. This unit is one of the few in the area featuring no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility. Delivered fully furnished in a brand-new building, the residence has never been occupied, presenting a true turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that support both comfort and strong rental demand. With the best location and one of the most desirable views in the building, the smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside.

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121 NE 5th Street 2102, Miami, FL 33132

Price
Price:
$625,000.00
Original List Price:
$625,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,148.89
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:
June 3, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Bedroom On Entry Level
Measures
Living Area:
544 Sqft
Built-Up Area:
544 Sqft
Property Features
View from the Property:
Bay, Skyline
Waterfront:
Yes
Waterfront Features:
None, Bayfront
Security:
Closed Circuit Camera(s), Lobby - Attended, Elevator Secure
Appliances:
Dryer, Disposal, Washer
Interior:
Elevator
Exterior:
Barbecue, Balcony, Courtyard
Patio and Porch:
Deck
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Construction
Year Built:
2026
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
40
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2026
Association Fee:
$890.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Valet
Utilities
Utilities Available:
Cable Available
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?:
Size Limit (There are size restrictions on allowed pets), Yes
Lease Number Times per Year Allowed:
360
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Bar, Cabana, Clubhouse
Subdivision Name:
501 1ST AVE
Association Fee Includes:
Cable Tv, Internet
Senior Community:
No
Restrictions:
No Restrictions
Minimum Days per Lease:
1
Terms
Listing Terms Considered by Seller:
Cash, Conventional, Cryptocurrency
Buyer Possession:
Close Of Escrow
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES CONDO UNIT 2102 OFF REC 35067-4463
Real Estate Folio Number (Parcel Number):
0141010080860
Public Schools Assigned
Elementary School:
Tropical (miami-dade)
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
June 3, 2026
Listing Agreement executed on:
June 3, 2026
Listing Status Last Changed On:
June 3, 2026 4:00 am
Photos updated on:
July 9, 2026 6:08 am
Last Modified:
July 14, 2026 11:16 pm
Additional Information
Courtesy of:
Florida Capital Realty
Attribution:
Not provided
Location
Floor Number:
21
Street Name:
5th
Street Number:
121
Unit Number:
2102
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
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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.