Condo in 121 NE 5th Street 711, Miami, FL 33132 for sale with MLS# A12029991
SELLER MOTIVATED! PRICE REDUCED $69,000 FOR IMMEDIATE SALE. Rare opportunity to own one of Downtown Miami's most investor-friendly residences. Brand-new, never occupied, and fully furnished with premium designer upgrades throughout. Truly turnkey-just bring your suitcase. Every detail has been thoughtfully curated to deliver a luxury experience for owners and guests alike.One of the few residences in the area with NO RENTAL RESTRICTIONS, allowing short-term rentals, long-term rentals, seasonal use, or owner occupancy with maximum flexibility. Ideal for investors seeking strong income potential in Miami's rapidly growing Worldcenter district.Features 1 Bedroom + Den, 2 Full Bathrooms, floor-to-ceiling impact glass, private balcony, Italian cabinetry, premium appliances, and designer furnishings included in the sale. The versatile den easily functions as a guest room or home office.Enjoy over 20,000 SF of luxury amenities including rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and more.Seller may contribute up to $10,000 toward Buyer's closing costs, subject to offer terms and lender approval. EASY TO SHOW. Bring all offers.
121 NE 5th Street 711, Miami, FL 33132
- Price:
- $594,000.00
- Original List Price:
- $669,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,091.91
- More Listings Same Building:
- 501 First Residences in 121 5 Street Miami
- Listing Type:
- For Sale
- Status:
- Active
- Listing Category:
- Residential
- Property Type:
- Condominium
- Description of Last Important Update:
- Price Reduced
- Last Major Update on:
- July 24, 2026 12:13 am
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 1
- Bathrooms Total:
- 2
- Full Bath:
- 2
- Room Type:
- Den
- Master Bedroom Bath:
- 2 Master Baths, Separate Shower, Master Bdrm - Ground, Bedroom On Entry Level
- Dining Area:
- Dining/Living Room, Breakfast Area, Other
- Living Area:
- 544 Sqft
- Built-Up Area:
- 544 Sqft
- View from the Property:
- Other, Skyline
- Waterfront:
- No
- Swimming Pool Features:
- Private
- Security:
- Smoke Detector(s), Key Card Entry, Security System, Fire Alarm, Elevator Secure
- Furnished:
- Furnished
- Accessibility:
- Accessible Elevator Installed
- Appliances:
- Dryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer, Electric Range, Electric Water Heater, Ice Maker, Oven
- Interior:
- Pantry, Closet Cabinetry, Other, Custom Mirrors, Elevator
- Exterior:
- Barbecue, Balcony
- Patio and Porch:
- Deck
- Windows:
- Other
- Air Conditioning
- Air Conditioning System:
- Other
- Heating
- Heating System:
- Electric, Other
- Unit Description:
- High Rise, Studio
- Balcony Details:
- Balcony - Open
- Year Built:
- 2025
- Architectural Style:
- Other
- Levels:
- Two
- Construction Materials:
- Other, CBS
- Flooring:
- Tile, Other
- Number of stories:
- 40
- Property Condition:
- New Construction
- Tax Year:
- 2025
- Association Fee:
- $892.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- New Construction
- Garage
- Garage Spaces:
- 2
- Covered Spaces:
- 2
- Parking Features:
- Valet
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 3-4 Weeks Approval, Association Approval Required
- Association Type:
- Homeowner Association
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Business Center, Pool, Community Room, Bike Storage, Cabana, Clubhouse, Maintenance, Storage, Elevator(s), Fitness Center, Picnic Area, Lobby
- Subdivision Name:
- 501 First Residences
- Association Fee Includes:
- Sewer, Water, Trash, Cable Tv, Security, Common Areas, Insurance, Internet, Elevator, Roof Repairs
- Senior Community:
- No
- Restrictions:
- Other Restrictions, Parking - No Truck, Parking - No Motorcycle, Parking - No Trailer
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional
- Buyer Possession:
- Negotiable, Close Of Escrow
- Tax Legal Description:
- 501 FIRST RESIDENCES CONDO UNIT 711 UNDIV 0.22466% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Real Estate Folio Number (Parcel Number):
- 0141010083790
- Elementary School:
- Old Kings Elementary
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- June 2, 2026
- Listing Agreement executed on:
- June 2, 2026
- Price change occurred on:
- July 24, 2026 12:13 am
- Listing Status Last Changed On:
- June 2, 2026 4:00 am
- Photos updated on:
- July 23, 2026 11:15 pm
- Last Modified:
- July 23, 2026 11:15 pm
- Courtesy of:
- Realty One Group Estates
- Attribution:
- Not provided
- Floor Number:
- 7
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 711
- 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

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