501 First Residences

121 NE 5th St # 711, Miami FL 33132

1 beds · 2 baths · 544 ft²

For Sale · Active Listing

$639,000

4.48%

Est. Payment $3,401/mo

MLS Sheet Video

1

Bedrooms

2

Bathrooms

544

Sq. Ft.

2025

Year Built

40

Stories

10

Days on Market

Description

BRAND NEW, FULLY FURNISHED, INVESTOR FRIENDLY, MOVE IN READY, PET FRIENDLY, STR. Welcome to 501 First Residences, one of Downtown Miami’s newest luxury addresses. This fully furnished 1 Bedroom + Den | 2 Full Bathrooms residence offers modern elegance, sophisticated design, and an unbeatable location in the center of Miami’s vibrant urban lifestyle. Featuring floor-to-ceiling impact glass, a spacious private balcony, sleek Italian cabinetry, premium appliances, designer finishes, and a versatile den perfect for a home office or guest space. Enjoy over 20,000 SF of world-class amenities, including: Rooftop resort-style pool Hydrotherapy spa & wellness areas HOMAGE fitness center Yoga & meditation spaces Chef’s kitchen & entertainment lounge Greenhouse retreat Grooming Saloon Private social and co-working spaces Located just steps from Miami Worldcenter, Bayside Marketplace, Bayfront Park, Kaseya Center, Brightline Station, restaurants, shopping, and entertainment, with direct access to the Metromover connecting you to Brickell, the Design District, and beyond. Live, Invest, or Vacation in one of Miami’s most exciting new destinations. EASY TO SHOW!

Facts

MLS#
A12029991
Subdivision
501 First Residences
Property Type
Residential
Property Sub Type
Condominium
Year Built
2025
Lot Size
0 sqft
Sq. Ft.
544 ft²
Sq. Mt.
51 m²
Price per sq. ft.
$1,175/ft²
Price per sq. mt.
$12,529/m²
Stories
40
Garage
Pool
Private
Days on Market
10 days
Listed
Jun 2, 2026
Last Updated
Jun 12, 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

June 2026

100/100
Buyers marketSellers market

51

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).

6/11/2026Price change$639,000-4.5%
6/2/2026Listed for sale$669,000

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 # 711, 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.

Estimated Monthly Payment

$4,084/mo

Principal & Interest

$3,401

Property Tax

$533

Insurance

$150

HOA

$0

20% ($127,800)
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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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 4 hours ago

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