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)

Have a question about this Miami listing?

Talk directly with Christopher Lazaro, your Miami real estate advisor. No pressure — real answers.

This listing is courtesy of The Keyes Company.

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

Details

Updated on October 16, 2026 at 11:52 am
  • 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

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

Mortgage Calculator

Schedule a Tour

Tour Type

Contact Information

View Listings
Christopher Lazaro

Enquire About This Property

0 Review

Sort by:
Leave a Review

Leave a Review

Compare listings

Compare
✉