121 NE 5th St # 3405 Miami FL 33132 | MLS #A12054926
121 NE 5th St # 3405
Miami, FL, 33132
$499,000
1 Beds
1 Baths
489 SqFt
0 Acres
$499,000
121 NE 5th St # 3405
Miami, FL, 33132
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Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today’s lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas.

Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami’s beautiful waterfront.

One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you’re looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami’s fastest-growing and most exciting neighborhoods.

Property Details

Price:
$499,000
MLS #:
A12054926
Status:
Active
Beds:
1
Baths:
1
Type:
Condo
Subtype:
Condominium
Subdivision:
501 First Residence
Neighborhood:
501firstresidence
Listed Date:
Jul 16, 2026
Finished Sq Ft:
489
Total Sq Ft:
489
Year Built:
2025
Newconstruction501 First Residence501firstresidence501 First ResidenceBayCorporate Buyer Ok,daily Rentals Allowed

Schools

Interior

Appliances
Dishwasher, Disposal
Bathrooms
1 Full Bathroom
Cooling
Other
Flooring
Other
Heating
Central
Interior Features
Other

Exterior

Architectural Style
Corner Unit, High Rise
Association Amenities
Exercise Room
Covered Spaces
1
Exterior Features
None
Garage Spaces
1
New Construction YN
1
Parking Features
Valet
Security Features
Doorman, Elevator Secure, Card Entry
View
Bay

Financial

HOA Fee
$802
HOA Fee Frequency
Monthly
Tax Year
2026
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Current real estate data for Condo in Miami as of Oct 21, 2026
5,013
Condo Listed
162
Avg DOM
697
Avg $ / SqFt
$995,962
Avg List Price

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Property Summary

    Located in the 501 First Residence subdivision, 121 NE 5th St # 3405 Miami FL is a Condo for sale in Miami, FL, 33132. It is listed for $499,000 and features 1 beds, 1 baths, and has approximately 489 square feet of living space, and was originally constructed in 2025. The current price per square foot is $1,020. The average price per square foot for Condo listings in Miami is $697. The average listing price for Condo in Miami is $995,962.
121 NE 5th St # 3405
Miami, FL