121 NE 5th Street 1701, Miami, FL 33132

$929,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12000476

Property Type: Residential Bedrooms: 2 Baths: 2 Status: Active

Current Price: $929,000 List Date: 4/14/2026 Last Modified: 6/16/2026

Overview

Description

Rare 2 Bed / 2 Bath corner residence at 501 First Residences, one of only two southeast-facing corner units in the building, offering some of the most desirable views of Biscayne Bay and the Downtown skyline.Located on the 21st floor, this unit features floor-to-ceiling impact windows, an open layout, Italian kitchen cabinetry, premium appliances, in-unit washer/dryer, and a spacious balcony.No rental restrictions—Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ SF of amenities including rooftop pool, fitness center, spa, co-working spaces, and valet.Prime Downtown location near Brickell, Miami Worldcenter, and Brightline, ideal as a primary residence, second home, or income-producing investment.

Listing Details MLS# A12000476

General Property Information

Unit Floor #: 17
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Accessibility Features YN: Yes
Year Built: 2026
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 40

Property Features

Application Information: 1-2 Weeks Approval Association Fee Includes: Cable TV; Internet; Water Property Condition: New Construction; Under Construction Special Listing Conditions: Real Estate Owned Appliances: Dishwasher; Dryer; Electric Range; Microwave; Refrigerator; Washer Cooling: Central Air Association Type: Condominium Heating: Central Interior Features: Walk-In Closet(s) Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pets Allowed: Pet Restrictions Possible Possession: Close Of Escrow Restrictions: Other Restrictions Security Features: Key Card Entry Special Information: Sold As-Is Tax Information: City/County Unit Description: Corner/End Unit; High Rise View: Water Showing Requirements: Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open

Contract Information

Comp Sale YN: No
Original List Price: 929000
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: 5th
Street Suffix: Street
Unit Number: 1701
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33132
Postal Zip: 33132
Subdivision Name: 501 First Residences
Area: 2310
Elementary School: Phillis Wheatley
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No

Financial Information

Association YN: Yes
Association Fee: 1244
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Year: 2025
Tax Legal Description: 501 FIRST RESIDENCES CONDO UNIT 1701 OFF REC 350674463

Status Change Information

Major Change Timestamp: 2026-04-14T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-04-14

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

Parking Information

Open Parking Spaces: Yes

Section Details

Parcel Number MLX: 0520

Originating Details

Originating System Key: 454442880
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Fitness Center: Yes
Parking: Yes
Pool: Yes

Association Fee Includes

Cable TV: Yes
Internet: Yes
Water: Yes

Property Condition

New Construction: Yes
Under Construction: Yes

Special Listing Conditions

Real Estate Owned: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes
High Rise: Yes

Appliances

Dishwasher: Yes
Dryer: Yes
Electric Range: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Interior Features

Walk-In Closet(s): Yes

Listing Terms

Cash: Yes
Conventional: Yes

Security Features

Key Card Entry: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Showing Service: Yes

Master Bedroom/Bath

Other: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Pet Restrictions Possible: Yes

Restrictions

Other Restrictions: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Listing Office: One Sotheby's International Realty

Last Updated: June - 16 - 2026

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121 NE 5th Street 1701, Miami, FL 33132 (MLS# A12000476)