501 FIRST RESIDENCES

121 NE 5th Steet # 3313, Miami FL 33132

1 beds · 1.5 baths · 591 ft²

For Sale · Active Listing

$605,000

Est. Payment $3,220/mo

MLS Sheet Video

1

Bedrooms

1.5

Bathrooms

591

Sq. Ft.

2025

Year Built

40

Stories

21

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.
$1,024/ft²
Price per sq. mt.
$11,000/m²
Stories
40
Garage
Pool
Days on Market
21 days
Listed
Apr 24, 2026
Last Updated
May 15, 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

May 2026

100/100
Buyers marketSellers market

68

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).

4/24/2026Listed 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

121 NE 5th Steet # 3313, Miami FL 33132Directions

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

Estimated Monthly Payment

$3,874/mo

Principal & Interest

$3,220

Property Tax

$504

Insurance

$150

HOA

$0

20% ($121,000)
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

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