501 FIRST RESIDENCES

121 NE 5 St # 801B, Miami FL 33132

1 baths

Closed

$395,000

3.66%

Est. Payment $2,102/mo

MLS Sheet Video

1

Bathrooms

2025

Year Built

40

Stories

138

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
138 days
Listed
Mar 19, 2026
Last Updated
Sep 10, 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

October 2026

100/100
Buyers marketSellers market

42

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).

9/10/2026Sold$395,000
6/26/2026Price change$395,000-3.7%
3/19/2026Listed 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

Estimated Monthly Payment

$2,582/mo

Principal & Interest

$2,102

Property Tax

$329

Insurance

$150

HOA

$0

20% ($79,000)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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