121 NE 5th Street 3405, Miami, FL 33132

$540,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12054926

Property Type: Residential Bedrooms: 1 Baths: 1 Square Footage: 489 Status: Active

Current Price: $540,000 List Date: 7/16/2026 Last Modified: 7/24/2026

Overview

Description

Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas.Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront.One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal ... (Read more)

Listing Details MLS# A12054926

General Property Information

Unit Floor #: 34
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: Yes
Bathrooms Full: Yes
Building Area Main: 489
Living Area Main: 489
Adjusted Area Main: 489
Year Built: 2025
Garage YN: Yes
Garage Spaces: Yes
Covered Spaces: Yes
Senior Community YN: No
Stories Total: 40

Property Features

Application Information: 1-2 Weeks Approval Association Amenities: Maintenance Exterior Features: None Flooring: Other Leasing Permitted Details: Short Term Rentals Allowed Parking Features: Valet Property Condition: New Construction Appliances: Dishwasher; Disposal Cooling: Other Association Type: Condominium Heating: Central Interior Features: Other Listing Terms: Cash; Conventional; Cryptocurrency Pets Allowed YN: Yes Possession: Close Of Escrow Restrictions: Other Restrictions Security Features: Elevator Secure; Key Card Entry; Lobby - Attended Special Information: Sold As-Is Tax Information: City/County Unit Description: Corner/End Unit; High Rise Water View: Bay Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 588000
Occupant Type: Tenant

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: 3405
City Name: Miami
Municipal Code: Yes
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2632
Postal Zip: 33132
Subdivision Name: 501 First Residence
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Special Assessment YN: No
Parcel Number: 0141010082010
Subdivision Number: 8

Financial Information

Association YN: Yes
Association Fee: 802
Association Fee Frequency: Monthly
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 802
Membership Fee Required YN: No
Tax Year: 2026
Tax Legal Description: 501 First Residence

Status Change Information

Major Change Timestamp: 2026-07-24T13:04:38Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-07-24T13:04:38Z
Status Change Date: 2026-07-16

More Information

Application Fee Details

Application Fee Required: Yes
Application Fee: 150

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

Price Calculations

Current Price To SqFt: 1104.29

Section Details

Parcel Number MLX: 2010

Originating Details

Originating System Key: 532429015
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Application Information

1-2 Weeks Approval: Yes

Amenities

Fitness Center: Yes

Association Amenities

Maintenance: Yes

Exterior Features

None: Yes

Flooring

Other: Yes

Parking Features

Valet: Yes

Property Condition

New Construction: Yes

Possession

Close Of Escrow: Yes

Special Information

Sold As-Is: Yes

Heating

Central: Yes

Unit Description

Corner/End Unit: Yes
High Rise: Yes

Water View

Bay: Yes

Appliances

Dishwasher: Yes
Disposal: Yes

Interior Features

Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes
Cryptocurrency: Yes

Security Features

Elevator Secure: Yes
Key Card Entry: Yes
Lobby - Attended: Yes

Cooling

Other: Yes

Association Type

Condominium: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Call Listing Agent: Yes

Master Bedroom/Bath

None: Yes

Pets Allowed YN

Yes: Yes

Restrictions

Other Restrictions: Yes

Tax Information

City/County: Yes

Listing Office: Brosda & Bentley Realtors, LLC

Last Updated: July - 24 - 2026

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

121 NE 5th Street 3405, Miami, FL 33132 (MLS# A12054926)