501 FIRST RESIDENCES

121 NE 5th St # 1712, Miami FL 33132

2 beds · 2 baths · 757 ft²

For Sale · Active Listing

$5,900

Est. Payment $31/mo

MLS Sheet Video

Bedrooms

Bathrooms

757

Sq. Ft.

2025

Year Built

Garage

Stories

Days on Market

Description

Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, available for 6-month or 1-year lease. Features floor-to-ceiling glass, private balcony, sleek Italian cabinetry, and premium appliances. Enjoy resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, media room, etc. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.

Facts

MLS#: A12024696
Subdivision: 501 FIRST RESIDENCES
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 2025
Lot Size: 0 sqft
Sq. Ft.: 757 ft²
Sq. Mt.: 70 m²
Price per sq. ft.: $8/ft²
Price per sq. mt.: $84/m²
Stories: 40
Garage: 1 spaces
Pool: —
Days on Market: 12 days
Listed: May 25, 2026
Last Updated: May 25, 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).

5/25/2026

Listed for sale

$5,900

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 # 1712, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Lanaar Elementary School
1,2 · private · 0.4 mi
Temple Beth Moshe Preschool
PK,TK,KG,1 · private · 0.4 mi
Beth Moshe Congregation
PK,KG · private · 0.4 mi
Mater Academy Biscayne North Miami High Sch
9,10,11,12 · charter · 0.5 mi
Mater Academy Bay Biscayne North Miami
KG,1,2,3,4,5 · charter · 0.6 mi
Von Wedel Montessori School
PK,KG,1,2,3 · private · 0.8 mi
W. J. Bryan Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
El Shaddai School
KG,1,2,3 · private · 0.8 mi
Alberto's Dream Childcare and Learning Center
PK,TK,KG,1,2 · private · 0.9 mi
Mater Academy Biscayne Middle School
6,7,8 · charter · 1.0 mi

Affordability

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

$19,667

gross income / month to qualify

Monthly rent$5,900

Required annual income$236,000

Security deposit (est.)$5,900

Move-in cost (1st + last + security)$17,700

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

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