Condo in 121 NE 5th Street 3704, Miami, FL 33132 for sale with MLS# A12050355

DEVELOPER UNIT! Studio / 1 Bath | 402 SF | South-FacingExceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, offering outstanding investment potential.One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district.The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale.Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more.Easy to show. Photos may not reflect the exact view or orientation of the residence but accurately represent the same floor plan and layout. Please refer to the floor plan for specific details and dimensions.

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Days on the market

121 NE 5th Street 3704, Miami, FL 33132

Price
Price:
$500,000.00
Original List Price:
$500,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,243.78
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:
July 8, 2026 4:00 am
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Other
Measures
Living Area:
402 Sqft
Built-Up Area:
440 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Security:
Smoke Detector(s), Key Card Entry, Security System, Closed Circuit Camera(s), Other, Security Patrol, Elevator Secure
Appliances:
Dryer, Dishwasher, Disposal, Refrigerator, Washer, Other, Electric Range, Ice Maker
Interior:
Other, Elevator
Exterior:
Barbecue, Courtyard, Other
Windows:
Other
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Other
Other Equipment:
Other
Unit Description:
High Rise, Studio
Storm Protection Impact Glass:
Partial
Construction
Year Built:
2025
Architectural Style:
Other
Levels:
Two
Construction Materials:
Other
Flooring:
Other
Number of stories:
40
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2025
Association Fee:
$589.00
Association Fee Frequency:
Monthly
Property Tax Details:
Other Exemption
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Community
Association
Application Information:
Other Approvals
Association Type:
Condominium
Pets Allowed?
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Community Room, Clubhouse, Other, Management, Maintenance, Fitness Center, Picnic Area
Subdivision Name:
501 First Residences
Association Fee Includes:
Security, Common Areas, Elevator
Senior Community:
Yes
Development Name:
501 First Residences
Restrictions:
Other Restrictions
Minimum Days per Lease:
0
Terms
Listing Terms Considered by Seller:
Cash, Conventional, FHA, Other
Buyer Possession:
Other
Zoning and Legal
Tax Legal Description:
501 First Residences # 3704
Real Estate Folio Number (Parcel Number):
0141010081700
Public Schools Assigned
Elementary School:
Hollywood Central
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
July 8, 2026
Listing Agreement executed on:
July 8, 2026
Listing Status Last Changed On:
July 8, 2026 4:00 am
Photos updated on:
July 10, 2026 2:07 pm
Last Modified:
July 10, 2026 2:09 pm
Additional Information
Courtesy of:
One World Properties
Attribution:
Not provided
Location
Floor Number:
37
Street Name:
5th
Street Number:
121
Unit Number:
3704
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) 45 Good
☀️ O3 30 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.