121 NE 5th Steet # 3313, Miami FL 33132 | Miami-Dade County | A12004132
  • $594,900

Description

Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.

Property Overview

One-bedroom, one-and-a-half-bath condo for sale at 501 First Residences, 121 NE 5th Street #3313 in Miami. The 591-square-foot home was built in 2025 and is listed at $594,900 with an HOA fee of $870. The east-facing residence comes fully furnished with floor-to-ceiling glass, a private balcony, Italian cabinetry, and an in-unit washer and dryer. Views from the unit include the downtown skyline, Biscayne Bay, the Freedom Tower, and PortMiami. The building is a 40-story address in Downtown Miami with no rental restrictions. Amenities include a rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet. The location is close to Miami Worldcenter, dining, culture, and transit.

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

The residence has 1 bedroom, 1 full bath, and 1 half bath.

What is the living area and year built?

Living area is 591 square feet. The building was built in 2025.

What is the list price and monthly HOA fee?

Price is $594,900. HOA fee is $870 per month.

Where is the property located?

121 NE 5th Street #3313, Miami, FL 33132, in the 501 First Residences building in Downtown Miami.

What amenities are available in the building?

Over 20,000 square feet of amenities include a rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.

Are rentals allowed at 501 First Residences?

The public description states there are no rental restrictions at this address.

Monthly Fees & Carrying Costs

Association Fee $870 / month
Total Monthly Fees $870 / month
  • Membership Required: No
  • Application Fee: $150 (one-time)

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  • Address: 5th Steet
  • City: Miami
  • State/county: Miami-Dade County
  • Zip/Postal Code: 33132
  • Area: 501 First Residences

Details

Updated on August 19, 2026 at 9:41 pm
  • Property ID A12004132
  • Price $594,900
  • Property Size 591 Sq Ft
  • Bedroom 1
  • Room 0
  • Bathrooms 1.5
  • Garage 0
  • Year Built 2025
  • Type Condominium
  • Property Status Active, Residential

Additional details

  • Flooring Tile
  • Bedroom Features At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Cooling Central Air
  • Association Type Condo
  • 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 Yes
  • Full Bathrooms 1
  • Subdivision 501 FIRST RESIDENCES
  • Total Stories 40
  • Restrictions Daily Rentals Allowed
  • Parking 1 Space, Other, Valet
  • Heating Electric
  • Structure Type Condo 5+ Stories, Condo
  • Tax Year 2025
  • Construction CBS Construction
  • Building Area 0
  • Covered Spaces 0
  • Unit Floor 33
  • Frontage Bay
  • View Bay, Skyline, Water View
  • Year Built Details New Construction
  • Pets Allowed Yes
  • Attached Yes
  • Unit Number 3313
  • Half Bathrooms 1
  • Flood Zone X
  • Patio / Porch Open Balcony
  • New Construction Yes
  • Garage Spaces 0
  • Style Condo 5+ Stories
  • Association Fee 870
  • Lot Size (Sq Ft) 0
  • Membership Purchase Required No

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