35
  • Type
  • Condominium
  • 1
  • Bedroom
  • 2
  • Bathrooms
  • 1
  • Garage
  • 597 Square Feet
  • Area Size
121 NE 5th St # 710, Miami FL 33132 | Miami-Dade County | A11972989
  • $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: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: 501 First Residences

Details

Updated on March 10, 2026 at 2:56 am
  • Property ID A11972989
  • Price $645,000
  • Property Size 597 Square Feet
  • Bedroom 1
  • Bathrooms 2
  • Garage 1
  • Year Built 2026
  • Type Condominium
  • Property Status Residential

Additional details

  • ArchitecturalStyle High Rise
  • AssociationAmenities Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • AssociationFee 892
  • AssociationFeeFrequency Monthly
  • BathroomsFull 2
  • BuildingAreaSource Appraisal
  • BuildingAreaUnits Square Feet
  • BuildingName 501 First Residences
  • ConstructionMaterials Other
  • ContractStatusChangeDate 2026-02-26
  • Cooling Central Air
  • CoveredSpaces 1
  • DaysOnMarket 11
  • DoorFeatures High Impact Doors
  • EntryLevel 7
  • ExpirationDate 2026-08-20
  • Flooring Tile
  • Heating Central
  • InternetAddressDisplayYN 1
  • InternetAutomatedValuationDisplayYN 1
  • InternetConsumerCommentYN 1
  • InternetEntireListingDisplayYN 1
  • ListAOR A-Miami Association of REALTORS
  • ListAgentDirectPhone 305-922-0903
  • ListingTerms All Cash, Conventional
  • LotSizeSquareFeet 0
  • MLSAreaMajor 501 First Residences
  • MajorChangeTimestamp March 9, 2026 at 04:00pm
  • MajorChangeType Price Decrease
  • MlsStatus Active
  • ModificationTimestamp March 9, 2026 at 04:00pm
  • NumberOfUnitsInCommunity 448
  • NumberOfUnitsTotal 448
  • OnMarketDate 2026-02-26
  • OriginalEntryTimestamp February 27, 2026 at 02:03pm
  • OriginalListPrice 660000
  • OriginatingSystemID miamire
  • OriginatingSystemKey miamire
  • OriginatingSystemName Miami Association of REALTORS®
  • OtherExpense 0
  • ParkingFeatures 1 Space, Valet
  • PatioAndPorchFeatures Deck
  • PetsAllowed Restrictions Or Possible Restrictions
  • PhotosChangeTimestamp February 27, 2026 at 02:05pm
  • PhotosCount 35
  • PreviousListPrice 660000
  • PriceChangeTimestamp March 9, 2026 at 04:00pm
  • PropertyCondition New Construction, Under Construction
  • PublicSurveyRange 1
  • PublicSurveySection 6
  • PublicSurveyTownship 1
  • RoomsTotal 0
  • SecurityFeatures Doorman, Elevator Secure, Lobby Secured
  • ShowingInstructions See Broker Remarks
  • SourceSystemKey 431016239
  • StateOrProvince FL
  • StatusChangeTimestamp February 27, 2026 at 02:03pm
  • StoriesTotal 40
  • StreetDirPrefix NE
  • StreetName 5th St
  • StreetNumber 121
  • StreetNumberNumeric 121
  • StructureType Condo 5+ Stories, Condo
  • 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.
  • TaxAnnualAmount 0
  • TaxLegalDescription 121 NE 5th Street #710 MIAMI, FL 33132
  • TaxYear 2025
  • UnitNumber 710
  • View Skyline
  • YearBuiltDetails Under Construction

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Christopher Lazaro

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