121 NE 5 ST # 3112, Miami FL 33132 | Miami-Dade County | A12000487
- $850,000
- Condominium
- 2
- 2
- 1
- 757 Square Feet
- $850,000
Description
This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami’s fastest-growing neighborhoods.
Address
Open on Google Maps-
Address: 5 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 CONDO
Details
Updated on May 4, 2026 at 2:50 am-
Property ID A12000487
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Price $850,000
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Property Size 757 Square Feet
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Bedrooms 2
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Bathrooms 2
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Garage 1
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Year Built 2025
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Type Condominium
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Property Status Residential
Additional details
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ArchitecturalStyle Corner Unit
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AssociationAmenities Business Center, Exercise Room, Pool
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AssociationFee 1240
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AssociationFeeFrequency Monthly
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BathroomsFull 2
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BuildingAreaUnits Square Feet
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BuildingName 501 FIRST
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-04-13
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Cooling Electric
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CoveredSpaces 1
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DaysOnMarket 20
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EntryLevel 31
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ExpirationDate 2026-09-12
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Flooring Ceramic Floor
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Heating Electric
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InternetAddressDisplayYN 1
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InternetEntireListingDisplayYN 1
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 786-247-7968
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ListingTerms All Cash, Conventional
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LotSizeSquareFeet 0
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MLSAreaMajor 501 First Residences Condo
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MajorChangeTimestamp April 17, 2026 at 07:10pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp May 3, 2026 at 09:03am
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OnMarketDate 2026-04-13
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OriginalEntryTimestamp April 17, 2026 at 07:10pm
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OriginalListPrice 850000
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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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ParcelNumber 01-41-01-008-4450
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ParkingFeatures Valet
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PatioAndPorchFeatures Open Balcony
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PetsAllowed Yes
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PhotosChangeTimestamp April 17, 2026 at 07:14pm
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PhotosCount 32
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Possession Funding
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PostalCode 33132
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PriceChangeTimestamp April 14, 2026 at 03:07am
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PropertyCondition New Construction
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PublicSurveyRange 41
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PublicSurveySection 1
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PublicSurveyTownship 41
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RoomsTotal 0
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SecurityFeatures Lobby Secured
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice, Call Listing Agent, Showing Assist
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SourceSystemKey 454449178
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StateOrProvince FL
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StatusChangeTimestamp April 17, 2026 at 07:10pm
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StoriesTotal 40
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StreetDirPrefix NE
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StreetName 5 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 This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami’s fastest-growing neighborhoods.
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TaxAnnualAmount 0
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TaxLegalDescription 501 FIRST RESIDENCES CONDO UNIT 3112 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463
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TaxYear 2025
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UnitNumber 3112
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View Ocean View, Water View
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YearBuiltDetails New Construction
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