501 First Residences
121 NE 5th St # 2211, Miami FL 33132
1 beds · 2 baths · 659 ft²
1
Bedrooms
2
Bathrooms
659
Sq. Ft.
2026
Year Built
40
Stories
107
Days on Market
Description
Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.
Facts
- MLS#
- A11985345
- Subdivision
- 501 First Residences
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2026
- Lot Size
- 0 sqft
- Sq. Ft.
- 659 ft²
- Sq. Mt.
- 61 m²
- Price per sq. ft.
- $903/ft²
- Price per sq. mt.
- $9,754/m²
- Stories
- 40
- Garage
- —
- Pool
- Private
- Days on Market
- 107 days
- Listed
- Apr 6, 2026
- Last Updated
- Jul 22, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
$594,900
1 bd · 2 ba · 591 sqft
121 NE 5th Steet # 3313, Miami FL 33132
SOLD$590,000
1 bd · 2 ba · 1,031 sqft
900 Biscayne Blvd # 2910, Miami FL 33132
$585,000
1 bd · 2 ba · 845 sqft
888 Biscayne Blvd # 3611, Miami FL 33132
$599,000
1 bd · 1 ba · 588 sqft
159 NE 6th St # 3209, Miami FL 33132
$555,900
1 bd · 2 ba · 591 sqft
121 NE 5th # 306, Miami FL 33132
$610,000
1 bd · 1 ba · 641 sqft
601 NE 1 Ave # 4704, Miami FL 33132
$550,000
1 bd · 2 ba · 912 sqft
900 Biscayne Boulevard # 5603, Miami FL 33132
$599,000
2 bd · 2 ba · 825 sqft
11 NE 6 Street # 709, Miami FL 33132
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
August 2026
55
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).
| 6/10/2026 | Price change | $595,000-5.7% |
| 4/6/2026 | Listed for sale | $630,888 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$3,813/mo
Principal & Interest
$3,167
Property Tax
$496
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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 $595,000.
9133 Fontainebleau Blvd # 5, Miami FL 33172
1864 NW 84th St, Miami FL 33147
1750 N Bayshore Dr # 2615, Miami FL 33132
350 S Miami Ave # 1205, Miami FL 33130
185 SW 7th St # 4209, Miami FL 33130
1800 N Bayshore Dr # 2503, Miami FL 33132