Condo in 121 NE 5th Street 1712, Miami, FL 33132 for sale with MLS# A12024881

Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef's kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.

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121 NE 5th Street 1712, Miami, FL 33132

Price
Price:
$978,000.00
Original List Price:
$949,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,291.94
More Listings Same Building:
501 First Residences in 121 5 Street Miami
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Real Estate Owned (REO) Lender/Bank Owned
Listing Category:
Residential
Property Type:
Condominium
Description of Last Important Update:
Price Change
Last Major Update on:
June 2, 2026 10:14 pm
Other Special Conditions:
Sold As-is, Corporate Owned
Rooms Distribution
Bedrooms:
2
Bathrooms Total:
2
Full Bath:
2
Room Type:
Other, Family Room
Master Bedroom Bath:
2 Master Baths, Separate Shower, Master Bdrm - Ground, Separate Tub, Bedroom On Entry Level, Other
Dining Area:
Dining/Living Room, Breakfast Area, Other
Measures
Living Area:
757 Sqft
Built-Up Area:
757 Sqft
Property Features
View from the Property:
Bay, Other, Skyline
Waterfront:
Yes
Waterfront Features:
Other
Security:
Key Card Entry, Security System, Elevator Secure
Furnished:
Furnished
Accessibility:
Accessible Elevator Installed, Accessible Entrance
Appliances:
Dishwasher, Disposal, Trash Compactor
Interior:
Closet Cabinetry, Other, Storage
Exterior:
Balcony
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Property Entrance Faces:
East
Unit Description:
Corner/end Unit, High Rise
Balcony Details:
Balcony - Open
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2025
Levels:
Two
Construction Materials:
Block, Other, CBS
Flooring:
Tile, Other, Concrete
Number of stories:
40
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2025
Association Fee:
$1,300.00
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:
Rapid 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):
Pool, Sauna, Community Room, Other, Maintenance, Elevator(s), Fitness Center, Lobby
Subdivision Name:
501 First Residences
Senior Community:
No
Restrictions:
Parking - No Truck, Parking - No Motorcycle, Parking - No Trailer
Minimum Days per Lease:
1
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:
Negotiable, Close Of Escrow
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES CONDO UNIT 1712 UNDIV 0.31236% INT IN COMMON ELEMENTS OFF REC 35067-4463
Real Estate Folio Number (Parcel Number):
0141010084310
Public Schools Assigned
Elementary School:
Chestnut Elem
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
May 25, 2026
Listing Agreement executed on:
May 25, 2026
Price change occurred on:
June 2, 2026 10:14 pm
Listing Status Last Changed On:
May 25, 2026 4:00 am
Photos updated on:
July 23, 2026 11:41 pm
Last Modified:
July 23, 2026 11:42 pm
Additional Information
Courtesy of:
Realty One Group Estates
Attribution:
Not provided
Location
Floor Number:
17
Street Name:
5th
Street Number:
121
Unit Number:
1712
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) 55 Moderate
☀️ O3 40 Good
🫁 PM2.5 55 Moderate
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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.