Condo in 121 NE 5th Street 1909, Miami, FL 33132 for sale with MLS# A12105289

Experience sophisticated urban living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami. This beautifully appointed and professionally decorated studio offers striking Manhattan-style skyline views from its private balcony, creating a true metropolitan atmosphere. Featuring contemporary finishes, a fully equipped kitchen, an in-unit washer and dryer, and a thoughtfully designed living space. Enjoy resort-style amenities including a spectacular rooftop pool, fitness center, hot tub, cold plunge, rooftop cinema, and resident lounges. Currently operating as a successful Airbnb short-term rental generating strong income, with the flexibility of nightly rentals. An exceptional turnkey investment opportunity! Inquire for annual rental income details.

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121 NE 5th Street 1909, Miami, FL 33132

Price
Price:
$355,000.00
Original List Price:
$355,000.00
List Price per Sq Ft (Calculated, Approx.):
$988.85
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:
October 12, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bathrooms Total:
1
Full Bath:
1
Master Bedroom Bath:
Master Bdrm - Ground
Measures
Living Area:
359 Sqft
Built-Up Area:
359 Sqft
Property Features
View from the Property:
Skyline
Waterfront:
No
Security:
Smoke Detector(s), Fire Sprinkler System, Key Card Entry, Security System, Closed Circuit Camera(s), Fire Alarm, Lobby - Attended, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Refrigerator, Washer, Electric Range, Electric Water Heater, Oven
Interior:
Closet Cabinetry
Exterior:
Balcony, Lighting
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Unit Description:
High Rise
Balcony Details:
Balcony - Open
Construction
Year Built:
2025
Levels:
Two
Entry Level (floor):
1
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
40
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2000
Association Fee:
$589.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Community
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):
Business Center, Pool, Community Room, Maintenance, Elevator(s), Fitness Center
Subdivision Name:
501 FIRST RESIDENCES
Association Fee Includes:
Common Areas, Elevator
Senior Community:
No
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
000000
Real Estate Folio Number (Parcel Number):
0141010083220
Public Schools Assigned
Elementary School:
Palm Lakes
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
October 12, 2026
Listing Agreement executed on:
October 12, 2026
Listing Status Last Changed On:
October 12, 2026 4:00 am
Photos updated on:
October 13, 2026 9:04 pm
Last Modified:
October 14, 2026 2:01 am
Additional Information
Courtesy of:
Rich Homes of Florida
Attribution:
Not provided
Location
Floor Number:
19
Street Name:
5th
Street Number:
121
Unit Number:
1909
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
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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.