121 NE 5 Street 801B, Miami, FL 33132

$375,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11981555

Virtual Tour

https://www.zillow.com/view-imx/9de9bb8f-2a92-44ad-b547-4f94f1e48ed1?setAttribution=mls&wl=true&initialViewType=pano

Property Type: Residential Baths: 1 Status: Active

Current Price: $375,000 List Date: 3/19/2026 Last Modified: 6/10/2026

Overview

Description

501 First Residences brand new modern luxury studio, which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and a sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, a fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.

Listing Details MLS# A11981555

General Property Information

Unit Floor #: 8
Property Sub Type: Condominium
Bathrooms Total: Yes
Bathrooms Full: Yes
Year Built: 2025
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 40

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Association Fee Includes: Trash; Water Flooring: Tile Parking Features: Valet Property Condition: New Construction Appliances: Dishwasher Water Heater Details: Electric Water Heater Construction Materials: Other Cooling: Central Air Association Type: Condominium; Homeowner Association Heating: Other Interior Features: Closet Cabinetry Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Dogs OK Possession: Other Restrictions: See Remarks Security Features: Lobby - Attended Special Information: Sold As-Is Tax Information: Tax Reflects No Exemptions Unit Description: Studio; High Rise Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 410000
Occupant Type: Vacant

Location and Legal

Country: United States
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
Street Number: 121
Street Direction Prefix: NE
Street Name: 5
Street Suffix: Street
Unit Number: 801B
City Name: Miami
State Or Province: FL
Postal Code: 33132
Postal Zip: 33132
Subdivision Name: 501 FIRST RESIDENCES
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141010080370
Municipal Code: No

Financial Information

Association YN: Yes
Association Fee: 563
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Year: 2026
Tax Legal Description: 501 FIRST RESIDENCES

Status Change Information

Major Change Timestamp: 2026-05-22T15:32:01Z
Major Change Type: Back on Market
Price Change Timestamp: 2026-04-14T20:48:07Z
Status Change Date: 2026-05-22

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Leasing Restrictions

Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30

Originating Details

Originating System Key: 440561128
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Fitness Center: Yes
Pool: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Trash: Yes
Water: Yes

Flooring

Tile: Yes

Parking Features

Valet: Yes

Property Condition

New Construction: Yes

Possession

Other: Yes

Special Information

Sold As-Is: Yes

Heating

Other: Yes

Unit Description

Studio: Yes
High Rise: Yes

Appliances

Dishwasher: Yes

Construction Materials

Other: Yes

Interior Features

Closet Cabinetry: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Lobby - Attended: Yes

Water Heater Details

Electric Water Heater: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes
Homeowner Association: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Dogs OK: Yes

Restrictions

See Remarks: Yes

Tax Information

Tax Reflects No Exemptions: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Section Details

Parcel Number MLX: No

Listing Office: Douglas Elliman

Last Updated: June - 10 - 2026

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121 NE 5 Street 801B, Miami, FL 33132 (MLS# A11981555)