501 First Residences

121 NE 5th St # 1012A, Miami FL 33132

1 baths · 343 ft²

For Sale · Active Listing

$520,000

Est. Payment $2,768/mo

MLS Sheet Video

Bathrooms

343

Sq. Ft.

2025

Year Built

Stories

Days on Market

Description

Beautiful studio with balcony in the brand new 501 First Residences in Downtown Miami. Fully furnished and move-in ready, just bring your toothbrush! No rental restriction-Airbnb allowed. Amazing amenities, fitness facilities, social and co-working areas, and proximity to Miami World Center, Brightline. Don't miss the opportunity to live in the heart of Miami, where everyone wants to be. Restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short term rental, it's the perfect combination. It's not a condo-hotel. Don't miss it!!!

Facts

MLS#: A12031342
Subdivision: 501 First Residences
Property Type: Residential
Property Sub Type: Condominium
Year Built: 2025
Lot Size: 0 sqft
Sq. Ft.: 343 ft²
Sq. Mt.: 32 m²
Price per sq. ft.: $1,516/ft²
Price per sq. mt.: $16,250/m²
Stories: 40
Garage: —
Pool: —
Days on Market: 47 days
Listed: Jun 4, 2026
Last Updated: Jul 21, 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).

6/4/2026

Listed for sale

$520,000

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 # 1012A, Miami FL 33132Directions

GreatSchools Summary Ratings

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

William H. Lehman Elementary School
PK,KG,1,2,3,4,5 · public · 0.2 mi
Primer - Kendall
KG,1,2,3,4,5,6,7,8 · oosle · 0.3 mi
S.T.A.R.S. Autism School
PK,TK,KG,1,2,3,4,5,6,7 · private · 0.3 mi
Ben Gamla Charter School
KG,1,2,3,4,5,6,7,8 · charter · 0.5 mi
Somerset Academy Prep
KG,1,2,3,4,5,6,7,8 · charter · 0.5 mi
Greenfield Day School
KG,1,2,3,4,5,6,7,8 · private · 0.5 mi
For Kids Sake Academy
PK,KG,1,2,3,4 · private · 0.5 mi
The School For Unique Learning
KG,1,2,3 · private · 0.6 mi
Learning Links School House
KG,1,2,3,4,5 · private · 0.6 mi
Learning Links School
KG,1,2,3,4,5,6,7,8 · private · 0.6 mi

Estimated Monthly Payment

$3,351/mo

Principal & Interest

$2,768

Property Tax

$433

Insurance

$150

HOA

Down Payment20% ($104,000)

Interest Rate7.00%

Loan Term30 years

Property Tax Rate1.00% (FL avg ~1.0%)

HOA / Maintenance$0/mo

Insurance$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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

Hablo Español

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