121 NE 5th St # 710, Miami FL 33132 | Miami-Dade County | A11972989
- $645,000
- $645,000
Description
Highly desirable and most efficient layout is now available in the brand-new 501 Residences! In the heart of Miami Downtown, a fully furnished and turnkey, 1 Bed + Den / 2 Full Baths features 597 SqFt, exceptionally positioned for short term/long term rentals or for immediate move in.Residents and guests enjoy 20,000+ sq ft of resort-style amenities, including 24/7 valet, rooftop pool and hot-tub with panoramic views, state-of-the-art fitness center, co-working spaces, pet lounge, private club suite, media room, and more. Located just steps from Miami Worldcenter, world-class dining, entertainment, transit, and cultural venues, 501 Residences delivers the ultimate walkable downtown lifestyle. The apartment is fully equipped with household essentials, ready to use, and comes with a designated storage unit too. Without rental restrictions on one hand, but without a hectic hotel component either, this building offers a more refined residential experience than other nearby condo-hotel buildings, making it a perfect short term rental investment, a second home, or a combination of both. Don’t miss this outstanding income producing opportunity in one of Miami’s fastest-growing urban cores.
Address
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Address: 5th St
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City: Miami
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State/county: Miami-Dade County
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Zip/Postal Code: 33132
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Area: 501 First Residences
Details
Updated on March 10, 2026 at 2:56 am-
Property ID A11972989
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Price $645,000
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Property Size 597 Square Feet
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Bedroom 1
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Bathrooms 2
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Garage 1
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Year Built 2026
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Type Condominium
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Property Status Residential
Additional details
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ArchitecturalStyle High Rise
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AssociationAmenities Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
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AssociationFee 892
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AssociationFeeFrequency Monthly
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BathroomsFull 2
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BuildingAreaSource Appraisal
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BuildingAreaUnits Square Feet
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BuildingName 501 First Residences
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ConstructionMaterials Other
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ContractStatusChangeDate 2026-02-26
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Cooling Central Air
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CoveredSpaces 1
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DaysOnMarket 11
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DoorFeatures High Impact Doors
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EntryLevel 7
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ExpirationDate 2026-08-20
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Flooring Tile
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Heating Central
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 305-922-0903
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ListingTerms All Cash, Conventional
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LotSizeSquareFeet 0
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MLSAreaMajor 501 First Residences
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MajorChangeTimestamp March 9, 2026 at 04:00pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp March 9, 2026 at 04:00pm
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NumberOfUnitsInCommunity 448
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NumberOfUnitsTotal 448
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OnMarketDate 2026-02-26
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OriginalEntryTimestamp February 27, 2026 at 02:03pm
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OriginalListPrice 660000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParkingFeatures 1 Space, Valet
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PatioAndPorchFeatures Deck
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PetsAllowed Restrictions Or Possible Restrictions
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PhotosChangeTimestamp February 27, 2026 at 02:05pm
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PhotosCount 35
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PreviousListPrice 660000
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PriceChangeTimestamp March 9, 2026 at 04:00pm
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PropertyCondition New Construction, Under Construction
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PublicSurveyRange 1
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PublicSurveySection 6
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PublicSurveyTownship 1
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RoomsTotal 0
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SecurityFeatures Doorman, Elevator Secure, Lobby Secured
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ShowingInstructions See Broker Remarks
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SourceSystemKey 431016239
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StateOrProvince FL
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StatusChangeTimestamp February 27, 2026 at 02:03pm
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StoriesTotal 40
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StreetDirPrefix NE
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StreetName 5th St
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StreetNumber 121
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StreetNumberNumeric 121
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StructureType Condo 5+ Stories, Condo
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SyndicationRemarks Highly desirable and most efficient layout is now available in the brand-new 501 Residences! In the heart of Miami Downtown, a fully furnished and turnkey, 1 Bed + Den / 2 Full Baths features 597 SqFt, exceptionally positioned for short term/long term rentals or for immediate move in.Residents and guests enjoy 20, 000+ sq ft of resort-style amenities, including 24/7 valet, rooftop pool and hot-tub with panoramic views, state-of-the-art fitness center, co-working spaces, pet lounge, private club suite, media room, and more. Located just steps from Miami Worldcenter, world-class dining, entertainment, transit, and cultural venues, 501 Residences delivers the ultimate walkable downtown lifestyle. The apartment is fully equipped with household essentials, ready to use, and comes with a designated storage unit too. Without rental restrictions on one hand, but without a hectic hotel component either, this building offers a more refined residential experience than other nearby condo-hotel buildings, making it a perfect short term rental investment, a second home, or a combination of both. Don’t miss this outstanding income producing opportunity in one of Miami’s fastest-growing urban cores.
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TaxAnnualAmount 0
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TaxLegalDescription 121 NE 5th Street #710 MIAMI, FL 33132
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TaxYear 2025
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UnitNumber 710
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YearBuiltDetails Under Construction
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