501 FIRST RESIDENCES

121 NE 5 St # 801B, Miami FL 33132

1 baths

For Sale · Active Listing

$375,000

8.54%

Est. Payment $1,996/mo

MLS Sheet Video

Bathrooms

2025

Year Built

Stories

Days on Market

Description

501 First Residences brand new modern luxury studio, which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and a sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, a fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.

Facts

MLS#: A11981555
Subdivision: 501 FIRST RESIDENCES
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2025
Lot Size: 0 sqft
Sq. Ft.: —
Sq. Mt.: —
Price per sq. ft.: —
Price per sq. mt.: —
Stories: 40
Garage: —
Pool: —
Days on Market: 59 days
Listed: Mar 19, 2026
Last Updated: May 17, 2026
Price/Lot Sq.Ft.: —

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Market insights for Miami

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

Sellers market

May 2026

100/100

Buyers marketSellers market

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).

4/14/2026	Price change	$375,000-8.5%
3/19/2026	Listed for sale	$410,000

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

Location

121 NE 5 St # 801B, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Aventura City Of Excellence School
KG,1,2,3,4,5,6,7,8 · charter · 0.4 mi
Biscayne Academy
UG · private · 0.6 mi
Philosophical and Spiritual University
UG · private · 0.7 mi
Norman S. Edelcup/Sunny Isles Beach K-8
PK,KG,1,2,3,4,5,6,7,8 · public · 0.8 mi
Spirit Of Christ Child Development Center & Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Spirit Of Christ Child Development Center
PK,KG · private · 0.9 mi
Spirit of Christ Child Development Academy
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.9 mi
Ojus Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
SmartKids Miami
PK,KG · private · 0.9 mi
St Lawrence Elementary School
KG,1,2,3,4,5,6,7,8 · private · 1.0 mi

Estimated Monthly Payment

$2,458/mo

Principal & Interest

$1,996

Property Tax

$313

Insurance

$150

HOA

Down Payment20% ($75,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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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®.

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Updated 8 hours ago