501 FIRST RESIDENCES

121 NE 5th St # 1712, Miami FL 33132

2 beds · 2 baths · 757 ft²

For Sale · Active Listing

$5,399

8.49%

Est. Payment $29/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

757

Sq. Ft.

2025

Year Built

1

Garage

40

Stories

111

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 1 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.
$7/ft²
Price per sq. mt.
$77/m²
Stories
40
Garage
1 spaces
Pool
Days on Market
111 days
Listed
May 25, 2026
Last Updated
Sep 13, 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

September 2026

100/100
Buyers marketSellers market

61

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).

8/8/2026Price change$5,399-8.5%
5/25/2026Listed 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

Affordability

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

$17,997

gross income / month to qualify

Monthly rent$5,399
Required annual income$215,960
Security deposit (est.)$5,399
Move-in cost (1st + last + security)$16,197

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

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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Updated 8 hours ago

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