Condo in 121 NE 5th Street 3405, Miami, FL 33132 for sale with MLS# A12054926
Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas.Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront.One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you're looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami's fastest-growing and most exciting neighborhoods.
121 NE 5th Street 3405, Miami, FL 33132
- Price:
- $530,000.00
- Original List Price:
- $588,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $1,083.84
- 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:
- August 5, 2026 1:56 pm
- Other Special Conditions:
- Sold As-is
- Bedrooms:
- 1
- Bathrooms Total:
- 1
- Full Bath:
- 1
- Living Area:
- 489 Sqft
- Built-Up Area:
- 489 Sqft
- View from the Property:
- Bay
- Waterfront:
- No
- Security:
- Key Card Entry, Lobby - Attended, Elevator Secure
- Appliances:
- Dishwasher, Disposal
- Interior:
- Other
- Air Conditioning
- Air Conditioning System:
- Other
- Heating
- Heating System:
- Central
- Unit Description:
- Corner/end Unit, High Rise
- Year Built:
- 2025
- Levels:
- Two
- Flooring:
- Other
- Number of stories:
- 40
- Property Condition:
- New Construction
- Tax Year:
- 2026
- Association Fee:
- $802.00
- Association Fee Frequency:
- Monthly
- Property Tax Details:
- City/County
- Garage
- Garage Spaces:
- 1
- Covered Spaces:
- 1
- Parking Features:
- Valet
- Association
- Application Required
- Application Fee:
- $150.00
- Application Information:
- 1-2 Weeks Approval
- Association Type:
- Condominium
- Pets Allowed?
- Lease Number Times per Year Allowed:
- 365
- Amenities Provided by the Homeowner's Association (HOA):
- Maintenance, Fitness Center
- Subdivision Name:
- 501 First Residence
- Senior Community:
- No
- Restrictions:
- Other Restrictions
- Minimum Days per Lease:
- 1
- Leasing Permitted
- Leasing Permitted Details:
- Short Term Rentals Allowed
- Listing Terms Considered by Seller:
- Cash, Conventional, Cryptocurrency
- Buyer Possession:
- Close Of Escrow
- Tax Legal Description:
- 501 First Residence
- Real Estate Folio Number (Parcel Number):
- 0141010082010
- Elementary School:
- Frederick Douglass
- High School:
- Booker T. Washington
- Middle Or Junior School:
- Jose De Diego
- Active on the market since:
- July 16, 2026
- Listing Agreement executed on:
- July 16, 2026
- Price change occurred on:
- August 5, 2026 1:56 pm
- Listing Status Last Changed On:
- July 16, 2026 4:00 am
- Photos updated on:
- August 5, 2026 1:02 pm
- Last Modified:
- August 5, 2026 1:02 pm
- Courtesy of:
- Brosda & Bentley Realtors, LLC
- Attribution:
- Not provided
- Floor Number:
- 34
- Street Name:
- 5th
- Street Number:
- 121
- Unit Number:
- 3405
- 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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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
Air Quality
Source: AirNow.gov · Miami