34
121 NE 5th St # 912B, Miami FL 33132 | Miami-Dade County | A12006409
  • $414,500

Description

Modern, turnkey studio in brand new construction at 501 First Residences in Downtown Miami. 475 SF designer fully furnished and finished. No rental restrictions. Revenue the day you close. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. Dedicated owners’ storage literally 5 steps from the unit’s front door. Luxury amenities include a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges in the building. 24-hour valet. Contactless package lockers. Prime location with Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science all less than a 5-10 minute walk away. Ultimate short-term rental potential in one of Miami’s fastest-growing urban areas. This unit features an extra closet and larger tub/shower other studios in this building do not have.

Property Overview

Modern, turnkey studio in brand new construction at 501 First Residences in Downtown Miami. The unit is 475 square feet, fully furnished and finished, with floor-to-ceiling glass, a private balcony, European cabinetry and appliances, and in-unit washer/dryer. It also features an extra closet and a larger tub/shower than other studios in the building. The 501 First Residences building offers luxury amenities, including a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges. Additional features include 24-hour valet, contactless package lockers, and dedicated owners’ storage just 5 steps from the unit’s front door. Located at 121 NE 5th St # 912B, this studio is in a prime area with easy access to Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science—all within a 5- to 10-minute walk. This is an opportunity for revenue the day you close, with no rental restrictions. For more details, call 305-859-4733.

Frequently Asked Questions

How many bedrooms and bathrooms does the unit have?

This unit is a studio with one full bathroom.

What are the square footage and floor-to-ceiling features?

The unit is 475 square feet and features floor-to-ceiling glass windows.

What amenities does the building offer?

The building includes a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, private rooftop theater, three luxury coworking lounges, 24-hour valet, and contactless package lockers.

Are there any rental restrictions?

There are no rental restrictions, making it ideal for short-term or long-term rental opportunities.

What are the nearby attractions and transportation options?

Brickell, Bayside, Miami Worldcenter, Brightline, top dining, entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science are all within a 5-10 minute walk.

How much is the HOA fee?

The monthly HOA fee is $650.

Monthly Fees & Carrying Costs

Association Fee $650 / month
Total Monthly Fees $650 / month
  • Membership Required: No
  • Application Fee: $100 (one-time)
  • Address: 5th St
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: 501 First Residences

Details

Updated on June 15, 2026 at 9:43 am
  • Property ID A12006409
  • Price $414,500
  • Property Size 458 Sq Ft
  • Bedroom 0
  • Room 0
  • Bathroom 1
  • Garage 1
  • Year Built 2025
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features At Least 1 Bedroom Ground Level
  • Cooling Central Air
  • Association Type Homeowners
  • Building 501 First Residences
  • Association Fee Frequency Monthly
  • Area 501 First Residences
  • Annual Tax 0
  • Association Yes
  • Private Pool No
  • Listing Terms All Cash, Conventional
  • Waterfront No
  • Full Bathrooms 1
  • Subdivision 501 First Residences
  • Total Stories 52
  • Restrictions Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
  • Maintenance Includes All Amenities, Hot Water, Internet/WiFi, Parking, Sewer, Trash Removal
  • Amenities Business Center, Clubhouse-Clubroom, Pool, Sauna, Trash Chute
  • Parking None
  • Heating Electric
  • Structure Type Condo-Hotel, Condo
  • Tax Year 2026
  • Construction CBS Construction
  • Covered Spaces 1
  • Unit Floor 9
  • View Garden View
  • Year Built Details New Construction
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 912B
  • Patio / Porch Open Balcony
  • New Construction Yes
  • Garage Spaces 1
  • Style Condo-Hotel
  • Association Fee 650
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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Christopher Lazaro

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