501 First Residences

121 Northeast 5th Street # 510, Miami FL 33132

1 beds · 2 baths · 597 ft²

Closed

$2,800

26.32%

Est. Payment $15/mo

MLS Sheet Video

1

Bedrooms

2

Bathrooms

597

Sq. Ft.

2026

Year Built

40

Stories

147

Days on Market

Description

No short-term rentals. $2,800/month, based on a 1-year lease (minimum 6 months). Please note: 501 First Residences is a valet-only building. Residents with vehicles must contract directly with the valet company at an additional cost. Fully furnished 1-bedroom + den, 2-bath residence at the brand-new 501 First Residences. Unit 510 offers 597 SF with views of Biscayne Bay, the Kaseya Center, and the Freedom Tower. Turn-key unit featuring a European-style kitchen with Bosch appliances, private bedroom suite with built-ins, spa-style bath with rain shower, in-unit washer/dryer, and floor-to-ceiling windows with roller shades. Amenities include a rooftop pool, cinema, co-working lounge, and fitness center.

Facts

MLS#
A11972096
Subdivision
501 First Residences
Property Type
Residential Lease
Property Sub Type
Condominium
Year Built
2026
Lot Size
0 sqft
Sq. Ft.
597 ft²
Sq. Mt.
55 m²
Price per sq. ft.
$5/ft²
Price per sq. mt.
$51/m²
Stories
40
Garage
Pool
Days on Market
147 days
Listed
Feb 25, 2026
Last Updated
Jul 24, 2026
Price/Lot Sq.Ft.

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

July 2026

100/100
Buyers marketSellers market

38

Median days to sold

+4.5%

1-year price forecast (est.)

Price & tax history

From the live MIAMI MLS feed. Older history requires the ListingHistory resource (not yet enabled).

7/24/2026Sold$2,800
6/23/2026Price change$2,800-26.3%
2/25/2026Listed for sale$3,800

History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).

Location

121 Northeast 5th Street # 510, Miami FL 33132Directions

GreatSchools Summary Ratings

Public + private K-12 schools within 5 miles of this listing.

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$9,333

gross income / month to qualify

Monthly rent$2,800
Required annual income$112,000
Security deposit (est.)$2,800
Move-in cost (1st + last + security)$8,400

Based on the 30% rule (rent ≤ 30% of gross monthly income). Move-in estimate assumes first month + last month + one month security; landlord requirements vary.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

The data relating to real estate for sale on this website comes in part from the Southeast Florida Multiple Listing Service. MLS Data is deemed reliable, but is not guaranteed accurate by MIAMI REALTORS®.

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 and may be a violation of federal and state law.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated within 24 hours

Similar listings nearby

More homes in Miami around $2,800.

Call NowWhatsApp