121 NE 5th Street # 1913, Miami FL 33132 | Miami-Dade County | A11955147
- $595,000
- Condominium
- 1
- 1.5
- 0
- 591 Square Feet
121 NE 5th Street # 1913, Miami FL 33132 | Miami-Dade County | A11955147
- $595,000
Description
Experience luxury urban living at 501 First Residences, a brand-new 40-story condominium in Downtown Miami with no rental restrictions and exceptional income potential in the vibrant heart of Downtown Miami. This fully furnished 591 SqFt 1 Bed / 1 ½ Bath east-facing residence features expansive skyline and bay views, overlooking Downtown Miami landmarks including the Freedom Tower, PortMiami, and Biscayne Bay. Modern design, floor-to-ceiling windows, private balcony,custom Italian cabinetry and in-unit washer/dryer. Located just steps from Miami Worldcenter, dining, entertainment, transit, and cultural destinations, 501 Residences redefines downtown lifestyle with over 20,000 sq. ft. of resort-style amenities including 24/7 valet, rooftop pool, fitness center, co-working spaces, pet lounge, private club suite, media room, and more. A turn-key opportunity in Miami’s most dynamic urban core. Ideal for full-time living or income-generating investment
Address
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Address: 5th Street
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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 April 14, 2026 at 2:56 am-
Property ID A11955147
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Price $595,000
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Property Size 591 Square Feet
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Bedroom 1
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Bathrooms 1.5
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Garage 0
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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 High Rise
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AssociationAmenities Business Center, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Pool, Sauna, Spa/Hot Tub
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AssociationFee 870
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AssociationFeeFrequency Monthly
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BathroomsFull 1
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BathroomsHalf 1
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BuildingAreaSource Developer
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BuildingAreaUnits Square Feet
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BuildingName 501 First Residences
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ContractStatusChangeDate 2026-02-01
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Cooling Electric
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CoveredSpaces 0
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DaysOnMarket 71
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DirectionFaces East
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DoorFeatures High Impact Doors
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EntryLevel 19
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ExpirationDate 2026-07-27
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Flooring Tile
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Furnished Furnished
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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 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 April 13, 2026 at 01:05pm
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MajorChangeType Price Decrease
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MlsStatus Active
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ModificationTimestamp April 13, 2026 at 01:05pm
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NumberOfUnitsInCommunity 448
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NumberOfUnitsTotal 448
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OnMarketDate 2026-02-01
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OriginalEntryTimestamp February 1, 2026 at 10:12pm
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OriginalListPrice 720000
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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, Other, Valet
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PatioAndPorchFeatures Open Balcony
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PetsAllowed Restrictions Or Possible Restrictions
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PhotosChangeTimestamp February 26, 2026 at 11:29pm
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PhotosCount 31
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Possession Funding
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PreviousListPrice 680000
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PriceChangeTimestamp April 13, 2026 at 01:05pm
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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 Fire Sprinklers, Smoke Detector, Doorman, Elevator Secure, Lobby Secured
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ShowingInstructions See Broker Remarks, Showing Assist
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SourceSystemKey 426065127
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StateOrProvince FL
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StatusChangeTimestamp February 1, 2026 at 10:12pm
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StoriesTotal 40
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StreetDirPrefix NE
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StreetName 5th Street
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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 Experience luxury urban living at 501 First Residences, a brand-new 40-story condominium in Downtown Miami with no rental restrictions and exceptional income potential in the vibrant heart of Downtown Miami. This fully furnished 591 SqFt 1 Bed / 1 ½ Bath east-facing residence features expansive skyline and bay views, overlooking Downtown Miami landmarks including the Freedom Tower, PortMiami, and Biscayne Bay. Modern design, floor-to-ceiling windows, private balcony, custom Italian cabinetry and in-unit washer/dryer. Located just steps from Miami Worldcenter, dining, entertainment, transit, and cultural destinations, 501 Residences redefines downtown lifestyle with over 20, 000 sq. ft. of resort-style amenities including 24/7 valet, rooftop pool, fitness center, co-working spaces, pet lounge, private club suite, media room, and more. A turn-key opportunity in Miami’s most dynamic urban core. Ideal for full-time living or income-generating investment
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TaxAnnualAmount 0
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TaxLegalDescription 121 NE 5th Street # 1913 MIAMI, FL 33132
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TaxYear 2025
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UnitNumber 1913
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View Bay, Skyline, Water View
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YearBuiltDetails Under Construction
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