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  • Type
  • Condominium
  • 2
  • Bedrooms
  • 2
  • Bathrooms
  • 0
  • Garage
  • 757 Sq Ft
  • Area Size
Active Residential Active
121 NE 5th St # 1712, Miami FL 33132 | Miami-Dade County | A12024881
  • $857,900

Description

Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef’s kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.

Property Overview

This is a 757-square-foot, two-bedroom, two-bath condo at 501 First Residences, a new building completed in 2025. The residence is fully furnished and features floor-to-ceiling glass, a private balcony with bay and city views, sleek Italian cabinetry, and premium appliances. The building offers over 20,000 square feet of amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga and meditation spaces, private lounges, a chef’s kitchen, a media room, and a greenhouse retreat. The monthly HOA fee is $1,300. This condo is located in downtown Miami at 121 NE 5th St #1712. It is within walking distance of Bayside Marketplace, Bayfront Park, and the Kaseya Center, with direct access to the Metromover for connections to Brickell, the Design District, and South Beach. The list price is $978,000.

Frequently Asked Questions

What is the monthly HOA fee and what does it cover at 501 First Residences?

The HOA fee is $1,300 per month. Based on the public description, it covers access to the building's extensive amenities, which include a rooftop pool, hydrotherapy spa, fitness center, yoga/meditation spaces, private lounges, a chef's kitchen, a media room, and a greenhouse retreat. For specific inclusions like utilities, cable, or insurance, please contact the listing office at 305-859-4733.

Is this condo unit furnished?

Yes, according to the public description, this residence at 501 First Residences is fully furnished for sale.

What are the views like from unit #1712?

The property features a private balcony with views of the bay and the city, as stated in the public description.

What is the exact location and what is within walking distance?

The address is 121 NE 5th St #1712 in Miami, FL 33132. It's in the heart of Downtown Miami. The public description notes it is within walking distance to Bayside Marketplace, Bayfront Park, and the Kaseya Center.

What is the square footage and layout of this condo?

This is a 2-bedroom, 2-bathroom condo with 757 square feet of living area. There are no half baths.

What is the building's transportation access?

The building offers direct access to the Metromover, providing connectivity to areas like Brickell, the Design District, and South Beach.

Monthly Fees & Carrying Costs

Association Fee $1,300 / month
Total Monthly Fees $1,300 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

Have a question about this Miami listing?

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This listing is courtesy of Realty One Group Estates.

Listing data courtesy of MIAMI Association of REALTORS (RAPB/GFLR) via Bridge Interactive. Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Address

Open on Google Maps
  • Address: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: 501 First Residences

Details

Updated on October 16, 2026 at 10:50 am
  • Property ID A12024881
  • Price $857,900
  • Property Size 757 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 0
  • Year Built 2025
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Bay, Other View, Skyline
  • Cooling Central Air
  • Heating Central
  • Tax Year 2025
  • Flooring Concrete, Other, Tile
  • Unit Floor 17
  • Unit Number 1712
  • Building 501 First Residences
  • Garage Spaces 0
  • Listing Terms All Cash, Conventional
  • Area 501 First Residences
  • Total Stories 40
  • Waterfront Yes
  • Association Yes
  • Full Bathrooms 2
  • Half Bathrooms 0
  • Covered Spaces 0
  • Style Condo 5+ Stories
  • Private Pool No
  • Structure Type Condo 5+ Stories, Condo
  • Association Fee 1300
  • Parking Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers
  • Subdivision 501 First Residences
  • Annual Tax 0
  • Year Built Details New Construction
  • Building Area 757
  • Lot Size (Sq Ft) 0
  • New Construction Yes
  • Attached Yes
  • Waterfront Features Waterfront
  • Bedroom Features At Least 1 Bedroom Ground Level, Entry Level, Other, Primary Bath Shower
  • Amenities Community Room, Elevator(s), Exercise Room, Other, Pool, Sauna
  • Restrictions Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
  • Construction Concrete Block Construction, CBS Construction, Other
  • Pets Allowed Yes
  • Patio / Porch Open Balcony
  • Association Fee Frequency Monthly
  • Association Type Homeowners
  • Maintenance Includes All Amenities
  • Membership Purchase Required No

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