501 First Residences
121 NE 5th St # 3704, Miami FL 33132
1 baths · 402 ft²
$500,000
Est. Payment $2,661/mo
1
Bathrooms
402
Sq. Ft.
2025
Year Built
40
Stories
31
Days on Market
Description
DEVELOPER UNIT! Studio / 1 Bath | 402 SF | South-Facing Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, offering outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district. The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more. Easy to show.
Facts
- MLS#
- A12050355
- Subdivision
- 501 First Residences
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2025
- Lot Size
- 0 sqft
- Sq. Ft.
- 402 ft²
- Sq. Mt.
- 37 m²
- Price per sq. ft.
- $1,244/ft²
- Price per sq. mt.
- $13,514/m²
- Stories
- 40
- Garage
- —
- Pool
- —
- Days on Market
- 31 days
- Listed
- Jul 8, 2026
- Last Updated
- Aug 8, 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
August 2026
43
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).
| 7/8/2026 | Listed for sale | $500,000 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$3,228/mo
Principal & Interest
$2,661
Property Tax
$417
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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 within 24 hours
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