Condo in 121 NE 5th Street 802, Miami, FL 33132 for sale with MLS# A12118129

501 First best floorplan!!! Modern 1 Bed + Den condominium located in the heart of Downtown Miami. This unit features no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility. Delivered fully furnished in a brand-new building, presenting an excellent turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that supports comfort, security and strong rental demand. With the best location this smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside.

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121 NE 5th Street 802, Miami, FL 33132

Price
Price:
$550,000.00
Original List Price:
$550,000.00
List Price per Sq Ft (Calculated, Approx.):
$1,011.02
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:
November 4, 2026 5:00 am
Other Special Conditions:
Sold As-is
Rooms Distribution
Bedrooms:
1
Bathrooms Total:
2
Full Bath:
2
Room Type:
Den
Master Bedroom Bath:
Bedroom On Entry Level
Measures
Living Area:
544 Sqft
Built-Up Area:
544 Sqft
Property Features
View from the Property:
Other
Waterfront:
No
Security:
Closed Circuit Camera(s), Lobby - Attended, Elevator Secure
Furnished:
Furnished
Appliances:
Dryer, Dishwasher, Disposal, Electric Water Heater
Interior:
Closet Cabinetry
Exterior:
Barbecue, Courtyard
Patio and Porch:
Deck
Air Conditioning
Air Conditioning System:
Central Air
Heating
Heating System:
Central
Unit Description:
High Rise
Storm Protection Impact Glass:
Complete
Construction
Year Built:
2025
Architectural Style:
Other
Levels:
Two
Construction Materials:
Block
Flooring:
Ceramic Tile
Number of stories:
40
Property Condition:
New Construction
Taxes and Expenses
Tax Year:
2026
Association Fee:
$890.00
Association Fee Frequency:
Monthly
Property Tax Details:
City/County
Parking
Garage Spaces:
0
Covered Spaces:
0
Parking Features:
Valet
Community
Association
Application Required
Application Fee:
$100.00
Application Information:
3-4 Weeks Approval, Association Approval Required
Association Type:
Condominium
Pets Allowed?
Lease Number Times per Year Allowed:
365
Amenities Provided by the Homeowner's Association (HOA):
Business Center, Kitchen Facilities, Bar, Cabana, Elevator(s), Fitness Center, Lobby
Subdivision Name:
501 1ST AVE
Association Fee Includes:
Maintenance Grounds, Cable Tv, Maintenance Structure, Common Areas, Elevator
Senior Community:
No
Restrictions:
Other Restrictions
Minimum Days per Lease:
1
Terms
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable
Zoning and Legal
Tax Legal Description:
501 FIRST RESIDENCES CONDO UNIT802 UNDIV 0.22453% INT COM. ELEM.OFF REC 35067-4463
Real Estate Folio Number (Parcel Number):
0141010080740
Public Schools Assigned
Elementary School:
Hammock Pointe
High School:
Booker T. Washington
Middle Or Junior School:
Jose De Diego
Listing History
Active on the market since:
November 3, 2026
Listing Agreement executed on:
November 4, 2026
Listing Status Last Changed On:
November 4, 2026 5:00 am
Photos updated on:
November 5, 2026 11:50 pm
Last Modified:
November 6, 2026 4:04 am
Additional Information
Courtesy of:
Brickell Realty Group International
Attribution:
Not provided
Location
Floor Number:
8
Street Name:
5th
Street Number:
121
Unit Number:
802
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®
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