121 NE 5th Street 3401, Miami, FL 33132

$970,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12023650

Property Type: Residential Bedrooms: 2 Baths: 2 Square Footage: 760 Status: Active

Current Price: $970,000 List Date: 6/03/2026 Last Modified: 8/14/2026

Overview

Description

Stunning rare corner 2 Bedroom, 2 Bathroom residence at 501 First with breathtaking panoramic views of Biscayne Bay and the Miami skyline. Floor-to-ceiling impact glass windows fill the residence with natural light while showcasing spectacular water and city views from every angle. Modern open-concept layout featuring spacious living areas, contemporary finishes, high ceilings, premium appliances, and designer furnishings throughout. Delivered fully furnished in a brand-new building and never previously occupied, offering a true turnkey opportunity. One of the few properties in the area with no rental restrictions, ideal for short-term rentals, long-term income production, or personal use with maximum flexibility. Prime corner positioning within the building provides enhanced privacy and one of the most desirable layouts available. Residents enjoy resort-style amenities including a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, valet parking, and ... (Read more)

Listing Details MLS# A12023650

General Property Information

Unit Floor #: 34
Property Sub Type: Condominium
Bedrooms Total: 2
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 760
Living Area Main: 760
Adjusted Area Main: 760
Year Built: 2026
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Waterfront YN: Yes
Outdoor Living Spaces YN: Yes
Stories Total: 40

Property Features

Application Information: Other Approvals Association Amenities: Maintenance Association Fee Includes: Cable TV; Internet Exterior Features: Barbecue Flooring: Ceramic Tile Parking Features: Valet Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Washer Construction Materials: Block Cooling: Central Air Association Type: Condominium Heating: Central Listing Terms: Cash; Conventional; Cryptocurrency Pets Allowed YN: Yes Pets Allowed: Size Limit Possession: Close Of Escrow Restrictions: See Remarks Security Features: Elevator Secure; Lobby - Attended Special Information: Sold As-Is Tax Information: City/County Unit Description: Corner/End Unit Utilities: Cable Available View: Water Water Access: None Water View: Bay Waterfront Features: Bayfront Showing Requirements: Call Listing Agent Outdoor Living Spaces: Deck; Patio

Contract Information

Comp Sale YN: No
Original List Price: 970000
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: 3401
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2632
Postal Zip: 33132
Subdivision Name: 501 1ST
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141010080650
Subdivision Number: 8

Financial Information

Association YN: Yes
Association Fee: 1200
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 1200
Membership Fee Required YN: No
Tax Year: 2026
Tax Legal Description: 501 FIRST RESIDENCES CONDO UNIT 3401 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463

Status Change Information

Major Change Timestamp: 2026-06-03T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-06-04

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 100

Entry Information

Entry Level: Yes

Leasing Restrictions

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

Price Calculations

Current Price To SqFt: 1276.31

Section Details

Parcel Number MLX: 0650

Originating Details

Originating System Key: 487084490
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

Other Approvals: Yes

Amenities

Billiard Room: Yes
Clubhouse: Yes
Elevator(s): Yes
Fitness Center: Yes
Picnic Area: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Cable TV: Yes
Internet: Yes

Exterior Features

Barbecue: Yes

Flooring

Ceramic Tile: Yes

Parking Features

Valet: Yes

Property Condition

New Construction: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

Utilities

Cable Available: Yes

View

Water: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes

Water Access

None: Yes

Water View

Bay: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Washer: Yes

Construction Materials

Block: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Cryptocurrency: Yes

Security Features

Elevator Secure: Yes
Lobby - Attended: Yes

Waterfront Features

Bayfront: Yes

Cooling

Central Air: Yes

Association Type

Condominium: Yes

Showing Requirements

Call Listing Agent: Yes

Master Bedroom/Bath

Bedroom On Entry Level: Yes

Pets Allowed YN

Yes: Yes

Pets Allowed

Size Limit: Yes

Restrictions

See Remarks: Yes

Tax Information

City/County: Yes

Outdoor Living Spaces

Deck: Yes
Patio: Yes

Listing Office: Florida Capital Realty

Last Updated: August - 14 - 2026

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121 NE 5th Street 3401, Miami, FL 33132 (MLS# A12023650)