Condo in 121 NE 5th Street 2002, Miami, FL 33132 for sale with MLS# A12079665

Beauty Unit in brand new construction at 501 First Residences in Downtown Miami. 544 SF fully furnished and finished. No rental restrictions. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. . Luxury amenities include a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges in the building. 24-hour valet. Contactless package lockers. Prime location with Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science all less than a 5-10-minute walk away. Ultimate short-term rental potential in one of Miami's fastest-growing urban areas.

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Days on the market

121 NE 5th Street 2002, Miami, FL 33132

Price
Price:
$649,000.00
Original List Price:
$649,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,193.01
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:
August 28, 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 Annual Amount:
$2,974.00
Tax Year:
2025
Association Fee:
$800.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage
Garage Spaces:
1
Covered Spaces:
1
Parking Features:
Valet
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
1-2 Weeks Approval
Association Type:
Condominium
Pets Allowed?
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:
0
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Other
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES CONDO UNIT 2102 OFF REC 35067 4463
Real Estate Folio Number (Parcel Number):
0141010080850
Public Schools Assigned
Elementary School:
Bay Lake Elementary
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
August 28, 2026
Listing Agreement executed on:
August 28, 2026
Listing Status Last Changed On:
August 28, 2026 4:00 am
Photos updated on:
August 29, 2026 2:01 am
Last Modified:
August 29, 2026 2:02 am
Additional Information
Courtesy of:
Miami Life Realty LLC
Attribution:
Not provided
Location
Floor Number:
2102
Street Name:
5th
Street Number:
121
Unit Number:
2002
City:
Miami
State:
Florida
Zip Code:
33132
County:
Miami-Dade
Latitude:
N25° 46' 45.6''
Longitude:
W81° 48' 29.5''
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) 35 Good
☀️ O3 35 Good
🫁 PM2.5 35 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.