Condo in 121 NE 5th Street 1703, Miami, FL 33132 for sale with MLS# A12110051

BRAND NEW CONSTRUCTION! Beautiful 1 Bed + DEN / 2 Baths. Fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes and designer furnishings. Outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals, long-term rentals, seasonal use, or full-time owner occupancy with complete flexibility. Features include floor-to-ceiling impact glass, a private balcony, Italian cabinetry, premium appliances. Residents enjoy access to more than 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and much more. Easy to show.

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Days on the market

121 NE 5th Street 1703, Miami, FL 33132

Price
Price:
$549,900.00
Original List Price:
$549,900.00
List Price per Sq Ft (Calculated, Approx.):
$1,010.84
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 20, 2026 4:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
2
Master Bedroom Bath:
Separate Shower, Bedroom On Entry Level
Measures
Living Area:
544 Sqft
Built-Up Area:
544 Sqft
Property Features
View from the Property:
Skyline
Waterfront:
No
Security:
Key Card Entry, Elevator Secure
Appliances:
Dishwasher, Microwave, Refrigerator
Interior:
Other
Exterior:
Balcony
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
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
40
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2026
Association Fee:
$892.00
Association Fee Frequency:
Monthly
Property Tax Details:
Tax Reflects No Exemptions
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
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:
360
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Pool, Elevator(s), Fitness Center, Picnic Area
Subdivision Name:
501 First Residences Condo
Association Fee Includes:
Water, Cable Tv, Insurance
Senior Community:
No
Restrictions:
Other Restrictions, No Restrictions
Minimum Days per Lease:
1
Leasing Permitted
Leasing Permitted Details:
Short Term Rentals Allowed
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES CONDO UNIT 1703 UNDIV 0.22466% INT IN COMMON ELEMENTS OFF REC 35067-4463
Real Estate Folio Number (Parcel Number):
0141010081160
Public Schools Assigned
Elementary School:
Frederick Douglass
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
October 20, 2026
Listing Agreement executed on:
October 20, 2026
Listing Status Last Changed On:
October 20, 2026 4:00 am
Photos updated on:
October 20, 2026 9:28 pm
Last Modified:
October 20, 2026 10:33 pm
Additional Information
Courtesy of:
Weichert Realtors Capella Estates
Attribution:
Not provided
Location
Floor Number:
17
Street Name:
5th
Street Number:
121
Unit Number:
1703
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.