501 FIRST RESIDENCES
121 NE 5th Steet # 3313, Miami FL 33132
1 beds · 1.5 baths · 591 ft²
$605,000
Est. Payment $3,220/mo
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.
- —
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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
May 2026
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).
| 4/24/2026 | 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.
Sunrise Park Elementary SchoolPK,KG,1,2,3,4,5 · public · 0.2 mi
Eagles Landing Middle School6,7,8 · public · 0.2 mi
Sandpiper Shores Elementary SchoolPK,KG,1,2,3,4,5 · public · 1.2 mi
West Glades Montessori SchoolPK,KG · private · 1.4 mi
Florence Fuller Cdc S 185th StPK,KG · private · 1.7 mi
Boca Prep International SchoolPK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.8 mi
West Boca Raton Community High School Adult Education CenterUG · public · 2.0 mi
Boca Raton Jewish LcPK,KG · private · 2.1 mi
Boca Raton Jewish Learning CenterPK,KG,1 · private · 2.1 mi
West Boca Raton High School9,10,11,12 · public · 2.1 mi
Estimated Monthly Payment
$3,874/mo
Principal & Interest
$3,220
Property Tax
$504
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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