501 First Residences

121 NE 5 # 2700, Miami FL 33132

1 baths · 500 ft²

For Sale · Active Listing

$4,500

30.77%

Est. Payment $24/mo

MLS Sheet Video

Bathrooms

500

Sq. Ft.

2026

Year Built

Garage

Stories

Days on Market

Description

Positioned in the heart of Downtown Miami, this brand-new, fully furnished studio at 501 Residences. Designed with a sleek, modern aesthetic, the residence features floor-to-ceiling glass that fills the space with natural light and opens to a private balcony with city views. Thoughtfully curated interiors include custom Italian cabinetry, premium European appliances, refined flooring, and built-out closets, complemented by a contemporary kitchen and spa-inspired bath. Residents enjoy access to a full-service lifestyle with a rooftop pool, state-of-the-art fitness center, co-working spaces, stylish lounges, and 24-hour concierge service.

Facts

MLS#: A12006242
Subdivision: 501 First Residences
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 2026
Lot Size: 0 sqft
Sq. Ft.: 500 ft²
Sq. Mt.: 46 m²
Price per sq. ft.: $9/ft²
Price per sq. mt.: $98/m²
Stories: 47
Garage: 1 spaces
Pool: —
Days on Market: 89 days
Listed: Apr 24, 2026
Last Updated: Jul 22, 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).

7/22/2026	Price change	$4,500-30.8%
4/24/2026	Listed for sale	$6,500

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

Location

121 NE 5 # 2700, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Coral Ridge Christian Academy
PK,KG,1,2 · private · 0.5 mi
Bee Creative Academy
KG · private · 1.0 mi
Parkside Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
Westchester Elementary School
PK,KG,1,2,3,4,5 · public · 1.0 mi
St Andrew Catholic School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.0 mi
Excelsior Artz Preparatory School
PK,KG,1,2,3,4,5,6,8,UG · private · 1.1 mi
Coral Springs Elementary School
PK,KG,1,2,3,4,5 · public · 1.1 mi
ACADEMIC SOLUTIONS ACADEMY A-5233
9,10,11,12 · charter · 1.2 mi
Academic Solutions High School
9,10,11,12 · charter · 1.2 mi
The North Broward School at Coral Springs
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.2 mi

Affordability

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

$15,000

gross income / month to qualify

Monthly rent$4,500

Required annual income$180,000

Security deposit (est.)$4,500

Move-in cost (1st + last + security)$13,500

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) 833-0020 info@rangelyadames.com

Hablo Español

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.

Updated 3 hours ago