121 NE 5th Street 711, Miami, FL 33132

$639,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A12029991

Property Type: Residential Bedrooms: 1 Baths: 2 Square Footage: 544 Status: Active

Current Price: $639,000 List Date: 6/02/2026 Last Modified: 6/12/2026

Overview

Description

BRAND NEW, FULLY FURNISHED, INVESTOR FRIENDLY, MOVE IN READY, PET FRIENDLY, STR. Welcome to 501 First Residences, one of Downtown Miami’s newest luxury addresses.This fully furnished 1 Bedroom + Den | 2 Full Bathrooms residence offers modern elegance, sophisticated design, and an unbeatable location in the center of Miami’s vibrant urban lifestyle.Featuring floor-to-ceiling impact glass, a spacious private balcony, sleek Italian cabinetry, premium appliances, designer finishes, and a versatile den perfect for a home office or guest space.Enjoy over 20,000 SF of world-class amenities, including:Rooftop resort-style poolHydrotherapy spa & wellness areasHOMAGE fitness centerYoga & meditation spacesChef’s kitchen & entertainment loungeGreenhouse retreatGrooming SaloonPrivate social and co-working spacesLocated just steps from Miami Worldcenter, Bayside Marketplace, Bayfront Park, Kaseya Center, Brightline Station, restaurants, shopping, and entertainment, with direct access to the Me ... (Read more)

Listing Details MLS# A12029991

General Property Information

Unit Floor #: 7
Property Sub Type: Condominium
Bedrooms Total: Yes
Bathrooms Total: 2
Bathrooms Full: 2
Building Area Main: 544
Living Area Main: 544
Adjusted Area Main: 544
Accessibility Features YN: Yes
Year Built: 2025
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 40
Furnished: Furnished

Property Features

Accessibility Features: Accessible Elevator Installed Application Information: 3-4 Weeks Approval; Association Approval Required Association Amenities: Maintenance Association Fee Includes: Cable TV; Common Areas; Elevator; Insurance; Internet; Roof Repairs; Security; Sewer; Trash; Water Dining Area: Breakfast Area; Dining/Living Room; Other Exterior Features: Barbecue; Other Flooring: Tile; Other Leasing Permitted Details: Short Term Rentals Allowed Parking Features: Valet Property Condition: New Construction Appliances: Dishwasher; Disposal; Dryer; Electric Range; Ice Maker; Microwave; Oven; Refrigerator; Washer Water Heater Details: Electric Water Heater Architectural Style: Other Construction Materials: CBS; Other Cooling: Other Association Type: Homeowner Association Heating: Electric; Other Interior Features: Closet Cabinetry; Custom Mirrors; Elevator; Pantry; Other Listing Terms: Cash; Conventional Pets Allowed YN: Yes Pool Features: Private Possession: Close Of Escrow; Negotiable Restrictions: Other Restrictions; Parking - No Motorcycle; Parking - No Trailer; Parking - No Truck Security Features: Elevator Secure; Fire Alarm; Key Card Entry; Security System; Smoke Detector(s) Special Information: Sold As-Is Tax Information: New Construction Unit Description: Studio; High Rise View: Other; Skyline Water Access: None Window Features: Other Showing Requirements: Appointment Only; Showing Service Outdoor Living Spaces: Balcony Balcony Details: Balcony - Open Room Types: Den

Contract Information

Comp Sale YN: No
Original List Price: 669000
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: 711
City Name: Miami
Municipal Code: 30
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2617
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: 0141010083790
Subdivision Number: 8

Financial Information

Association YN: Yes
Association Fee: 892
Association Fee Frequency: Monthly
Application Required YN: Yes
Membership Fee Required YN: No
Tax Year: 2025
Tax Legal Description: 501 FIRST RESIDENCES CONDO UNIT 711 UNDIV 0.22466% INT IN COMMON ELEMENTS OFF REC 35067-4463

Status Change Information

Major Change Timestamp: 2026-06-11T22:20:19Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-11T22:20:19Z
Status Change Date: 2026-06-02

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: 1174.63

Section Details

Parcel Number MLX: 3790

Originating Details

Originating System Key: 503363165
Originating System ID: M00000151

Office/Member Information

DXORIGMLSID: SEF

Accessibility Features

Accessible Elevator Installed: Yes

Application Information

3-4 Weeks Approval: Yes
Association Approval Required: Yes

Amenities

Bike Storage: Yes
Business Center: Yes
Cabana: Yes
Clubhouse: Yes
Community Room: Yes
Elevator(s): Yes
Fitness Center: Yes
Lobby: Yes
Picnic Area: Yes
Pool: Yes
Storage: Yes

Association Amenities

Maintenance: Yes

Association Fee Includes

Cable TV: Yes
Common Areas: Yes
Elevator: Yes
Insurance: Yes
Internet: Yes
Roof Repairs: Yes
Security: Yes
Sewer: Yes
Trash: Yes
Water: Yes

Dining Area

Breakfast Area: Yes
Dining/Living Room: Yes
Other: Yes

Exterior Features

Barbecue: Yes
Other: Yes

Flooring

Tile: Yes
Other: Yes

Parking Features

Valet: Yes

Property Condition

New Construction: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Special Information

Sold As-Is: Yes

View

Other: Yes
Skyline: Yes

Heating

Electric: Yes
Other: Yes

Unit Description

Studio: Yes
High Rise: Yes

Water Access

None: Yes

Window Features

Other: Yes

Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Electric Range: Yes
Ice Maker: Yes
Microwave: Yes
Oven: Yes
Refrigerator: Yes
Washer: Yes

Construction Materials

CBS: Yes
Other: Yes

Interior Features

Closet Cabinetry: Yes
Custom Mirrors: Yes
Elevator: Yes
Pantry: Yes
Other: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Pool Features

Private: Yes

Security Features

Elevator Secure: Yes
Fire Alarm: Yes
Key Card Entry: Yes
Security System: Yes
Smoke Detector(s): Yes

Water Heater Details

Electric Water Heater: Yes

Architectural Style

Other: Yes

Cooling

Other: Yes

Association Type

Homeowner Association: Yes

Showing Requirements

Appointment Only: Yes
Showing Service: Yes

Master Bedroom/Bath

2 Master Baths: Yes
Bedroom On Entry Level: Yes
Master Bdrm - Ground: Yes
Separate Shower: Yes

Pets Allowed YN

Yes: Yes

Restrictions

Other Restrictions: Yes
Parking - No Motorcycle: Yes
Parking - No Trailer: Yes
Parking - No Truck: Yes

Tax Information

New Construction: Yes

Outdoor Living Spaces

Balcony: Yes

Balcony Details

Balcony - Open: Yes

Room Types

Den: Yes

Room Information

Room Name
Den

Listing Office: Realty One Group Estates

Last Updated: June - 12 - 2026

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121 NE 5th Street 711, Miami, FL 33132 (MLS# A12029991)