501 First Residences

121 NE 5th # 2604, Miami FL 33132

1 baths · 402 ft²

For Sale · Active Listing

$3,500

12.50%

Est. Payment $19/mo

MLS Sheet Video

Bathrooms

402

Sq. Ft.

Stories

Days on Market

Description

Fully equipped seasonal rental apartment. Move in ready. Contact for availability and seasonal rates. Stay in the heart of Miami at 501 First, a brand-new architectural gem designed for modern city living. Guests enjoy access to a rooftop oasis with a 75-foot lap pool, an Elite Gym with private training rooms, and serene spaces like the lush Greenroom sanctuary and co working spaces. Please note that the building is brand new, and the pool and gym are scheduled to open during the first week of April.

Facts

MLS#: A11985584
Subdivision: 501 First Residences
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: —
Lot Size: 0 sqft
Sq. Ft.: 402 ft²
Sq. Mt.: 37 m²
Price per sq. ft.: $9/ft²
Price per sq. mt.: $95/m²
Stories: 38
Garage: —
Pool: —
Days on Market: 86 days
Listed: Apr 7, 2026
Last Updated: Jul 2, 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

July 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).

7/2/2026	Price change	$3,500-12.5%
4/7/2026	Listed for sale	$4,000

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

Location

121 NE 5th # 2604, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Gulfstream Elementary School
PK,KG,1,2,3,4,5 · public · 0.9 mi
Cutler Ridge Umc Kindergarten
PK,KG · private · 1.0 mi
Kid's Club Academy
PK,KG,1 · private · 1.1 mi
Dr. Edward L. Whigham Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
Mater Academy Bay Elementary
KG,1,2,3,4,5 · charter · 1.2 mi
Mater Academy Bay Middle School
6,7,8 · charter · 1.2 mi
Mater High South
9,10,11,12 · charter · 1.2 mi
Coral Reef Montessori Academy Charter
KG,1,2,3,4,5,6,7,8 · charter · 1.2 mi
Cutler Bay Senior High School
9,10,11,12 · public · 1.3 mi
Cutler Ridge Christian Academy
PK,KG,1,2,3,4,5,6,7,8 · private · 1.3 mi

Affordability

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

$11,667

gross income / month to qualify

Monthly rent$3,500

Required annual income$140,000

Security deposit (est.)$3,500

Move-in cost (1st + last + security)$10,500

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

Sales Associate | Sunland Group

(954) 604-3276 info@rangelyadames.com

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Updated 7 hours ago