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

2

Bedrooms

2

Bathrooms

757

Sq. Ft.

2025

Year Built

1

Garage

40

Stories

0

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
Listed
May 25, 2026
Last Updated
May 25, 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

May 2026

100/100
Buyers marketSellers market

60

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).

5/25/2026Listed 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

GreatSchools Summary Ratings

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

GreatSchoolsData provided by GreatSchools.org © 2026. All rights reserved.

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

Rangely Adames

Sales Associate | Sunland Group

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.

Copyright Southeast Florida MLS a/k/a SEFMLS © 2026.

Updated 1 hour ago

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121 NE 5th St # 1712, Miami FL 33132 | $5,900 | Rangely Adames Miami Real Estate