501 FIRST RESIDENCES
121 NE 5th Steet # 3313, Miami FL 33132
1 beds · 1.5 baths · 591 ft²
1
Bedrooms
1.5
Bathrooms
591
Sq. Ft.
2025
Year Built
40
Stories
68
Days on Market
Description
Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.
Facts
- MLS#
- A12004132
- Subdivision
- 501 FIRST RESIDENCES
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2025
- Lot Size
- 0 sqft
- Sq. Ft.
- 591 ft²
- Sq. Mt.
- 55 m²
- Price per sq. ft.
- $1,007/ft²
- Price per sq. mt.
- $10,816/m²
- Stories
- 40
- Garage
- —
- Pool
- —
- Days on Market
- 68 days
- Listed
- Apr 24, 2026
- Last Updated
- Jul 1, 2026
- Price/Lot Sq.Ft.
- —
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
July 2026
43
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).
| 6/16/2026 | Price change | $594,900-1.7% |
| 4/24/2026 | Listed for sale | $605,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
GreatSchools Summary Ratings
Public + private K-12 schools within 5 miles of this listing.
Gulfstream Elementary SchoolPK,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
Data provided by GreatSchools.org © 2026. All rights reserved.Estimated Monthly Payment
$3,812/mo
Principal & Interest
$3,166
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
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