121 NE 5th St # 3401, Miami FL 33132 | Miami-Dade County | A12023650
  • $940,000

Description

Stunning rare corner 2 Bedroom, 2 Bathroom residence at 501 First with breathtaking panoramic views of Biscayne Bay and the Miami skyline. Floor-to-ceiling impact glass windows fill the residence with natural light while showcasing spectacular water and city views from every angle. Modern open-concept layout featuring spacious living areas, contemporary finishes, high ceilings, premium appliances, and designer furnishings throughout. Delivered fully furnished in a brand-new building and never previously occupied, offering a true turnkey opportunity. One of the few properties in the area with no rental restrictions, ideal for short-term rentals, long-term income production, or personal use with maximum flexibility. Prime corner positioning within the building provides enhanced privacy and one of the most desirable layouts available. Residents enjoy resort-style amenities including a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, valet parking, and 24-hour security. Located in the heart of Downtown Miami, steps from Miami Worldcenter, Brightline Station, Kaseya Center, shopping, dining, and entertainment.

Property Overview

This 2-bedroom, 2-bathroom condo at 501 First offers a rare corner layout with panoramic views of Biscayne Bay and the Miami skyline. The residence features floor-to-ceiling impact glass windows, high ceilings, and a modern open-concept design with premium appliances and contemporary finishes. The unit is fully furnished and comes with no prior occupancy, making it a true turnkey opportunity. Located in a brand-new building, it delivers a fresh, clean aesthetic and modern functionality. With no rental restrictions, this property offers flexibility for short-term or long-term use. The prime corner positioning enhances privacy and view exposure. Building amenities include a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, and valet parking. The unit is 760 square feet and the HOA fee is $1,200 per month. For more details or to schedule a visit, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does this unit have?

This unit is a 2-bedroom, 2-bathroom residence.

What is the approximate square footage of the living area?

The living area is approximately 760 square feet.

What is the price of this property?

The listing price is $970,000.

What is the monthly HOA fee?

The monthly HOA fee is $1,200.

What year was the building constructed?

The building was constructed in 2026.

Is there a rental policy in place for this unit?

This unit has no rental restrictions, making it ideal for short-term rentals, long-term income, or personal use.

Monthly Fees & Carrying Costs

Association Fee $1,200 / month
Total Monthly Fees $1,200 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)

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This listing is courtesy of Florida Capital Realty.

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: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: 501 1ST

Details

Updated on November 3, 2026 at 2:42 pm
  • Property ID A12023650
  • Price $940,000
  • Property Size 760 Sq Ft
  • Bedrooms 2
  • Room 0
  • Bathrooms 2
  • Garage 1
  • Year Built 2026
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • View Bay, Water View
  • Cooling Central Air
  • Heating Central
  • Tax Year 2026
  • Flooring Ceramic Floor
  • Unit Floor 34
  • Inclusions None
  • Unit Number 3401
  • Building 501 1ST
  • Frontage Bay
  • Garage Spaces 1
  • Listing Terms All Cash, Conventional, Cryptocurrency
  • Area 501 1st
  • Total Stories 40
  • Waterfront Yes
  • Association Yes
  • Full Bathrooms 2
  • Half Bathrooms 0
  • Covered Spaces 1
  • Style Condo 5+ Stories
  • Private Pool No
  • Structure Type Condo 5+ Stories, Condo
  • Association Fee 1200
  • Parking Valet
  • Subdivision 501 1ST
  • Annual Tax 0
  • Year Built Details New Construction
  • Building Area 760
  • Lot Size (Sq Ft) 0
  • New Construction Yes
  • Attached Yes
  • Bedroom Features Entry Level
  • Amenities Barbecue, Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room
  • Restrictions See Broker Remarks
  • Construction Concrete Block Construction
  • Pets Allowed Yes
  • Patio / Porch Deck, Patio
  • Association Fee Frequency Monthly
  • Association Type Condo
  • Maintenance Includes All Amenities, Cable Tv, Internet/WiFi
  • Membership Purchase Required No

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