501 1ST

121 NE 5th St # 3401, Miami FL 33132

2 beds · 2 baths · 760 ft²

For Sale · Active Listing

$970,000

Est. Payment $5,163/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

760

Sq. Ft.

2026

Year Built

1

Garage

40

Stories

36

Days on Market

Description

Stunning rare corner 2 Bedroom, 2 Bathroom residence at 501 First with breathtaking panoramic views of Biscayne Bay and the Miami skyline. Floor-to-ceiling impact glass windows fill the residence with natural light while showcasing spectacular water and city views from every angle. Modern open-concept layout featuring spacious living areas, contemporary finishes, high ceilings, premium appliances, and designer furnishings throughout. Delivered fully furnished in a brand-new building and never previously occupied, offering a true turnkey opportunity. One of the few properties in the area with no rental restrictions, ideal for short-term rentals, long-term income production, or personal use with maximum flexibility. Prime corner positioning within the building provides enhanced privacy and one of the most desirable layouts available. Residents enjoy resort-style amenities including a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, valet parking, and 24-hour security. Located in the heart of Downtown Miami, steps from Miami Worldcenter, Brightline Station, Kaseya Center, shopping, dining, and entertainment.

Facts

MLS#
A12023650
Subdivision
501 1ST
Property Type
Residential
Property Sub Type
Condominium
Year Built
2026
Lot Size
0 sqft
Sq. Ft.
760 ft²
Sq. Mt.
71 m²
Price per sq. ft.
$1,276/ft²
Price per sq. mt.
$13,662/m²
Stories
40
Garage
1 spaces
Pool
Days on Market
36 days
Listed
Jun 3, 2026
Last Updated
Jul 9, 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

August 2026

100/100
Buyers marketSellers market

33

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).

6/3/2026Listed for sale$970,000

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 St # 3401, Miami FL 33132Directions

Estimated Monthly Payment

$6,121/mo

Principal & Interest

$5,163

Property Tax

$808

Insurance

$150

HOA

$0

20% ($194,000)
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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