121 NE 5th Street 1012A, Miami, FL 33132

$520,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12031342

Property Type: Residential Baths: 1 Square Footage: 343 Status: Active

Current Price: $520,000 List Date: 6/04/2026 Last Modified: 8/14/2026

Overview

Description

Beautiful studio with balcony in the brand new 501 First Residences in Downtown Miami. Fully furnished and move-in ready, just bring your toothbrush! No rental restriction-Airbnb allowed. Amazingamenities, fitness facilities, social and co-working areas, and proximity to Miami World Center, Brightline. Don't miss the opportunity to live in the heart of Miami, where everyone wants to be. Restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short term rental, it's the perfect combination. It's not a condo-hotel. Don't miss it!!!

Listing Details MLS# A12031342

General Property Information

Unit Floor #: 10
Property Sub Type: Condominium
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 343
Living Area Main: 343
Adjusted Area Main: 343
Year Built: 2025
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 40
Furnished: Furnished

Property Features

Application Information: 1-2 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Common Areas; Elevator; Internet; Maintenance Structure; Pool Service; Security; Sewer; Water Flooring: Ceramic Tile Leasing Permitted Details: Short Term Rentals Allowed Parking Features: Valet Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Trash Compactor; Washer Construction Materials: Block; CBS Cooling: Central Air Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional Pets Allowed YN: Yes Possession: Negotiable Restrictions: No Restrictions Security Features: Elevator Secure; Lobby - Attended; Security System; Smoke Detector(s) Special Information: Sold As-Is Tax Information: New Construction Unit Description: Studio; High Rise View: Skyline Water View: Bay Showing Requirements: 24 Hour Notice Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 520000
Occupant Type: Call Listing Agent

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: 5th
Street Suffix: Street
Unit Number: 1012A
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2621
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: 0141010084230
Subdivision Number: 8

Financial Information

Association YN: Yes
Association Fee: 563
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 563
Membership Fee Required YN: No
Tax Year: 2026
Tax Legal Description: 501 First Residences

Status Change Information

Major Change Timestamp: 2026-06-04T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-05

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Entry Information

Entry Level: Yes

Leasing Permitted Details

Leasing Permitted YN: Yes
Short Term Rentals Allowed: Yes

Leasing Restrictions

Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: Yes

Storm Protection

Impact Glass: Partial

Price Calculations

Current Price To SqFt: 1516.03

Section Details

Parcel Number MLX: 4230

Originating Details

Originating System Key: 505162055
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Business Center: Yes
Cabana: Yes
Elevator(s): Yes
Fitness Center: Yes
Picnic Area: Yes
Playground: Yes
Pool: Yes
Spa/Hot Tub: Yes
Storage: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Common Areas: Yes
Elevator: Yes
Internet: Yes
Maintenance Structure: Yes
Pool Service: Yes
Security: Yes
Sewer: Yes
Water: Yes

Flooring

Ceramic Tile: Yes

Parking Features

Valet: Yes

Property Condition

New Construction: Yes

Possession

Negotiable: Yes

Special Information

Sold As-Is: Yes

View

Skyline: Yes

Heating

Central: Yes

Unit Description

Studio: Yes
High Rise: Yes

Water View

Bay: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Trash Compactor: Yes
Washer: Yes

Construction Materials

Block: Yes
CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Elevator Secure: Yes
Lobby - Attended: Yes
Security System: Yes
Smoke Detector(s): Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes

Pets Allowed YN

Yes: Yes

Restrictions

No Restrictions: Yes

Tax Information

New Construction: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Listing Office: Affinity International Realty

Last Updated: August - 14 - 2026

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121 NE 5th Street 1012A, Miami, FL 33132 (MLS# A12031342)