501 RESIDENCES,501 FIRST RESIDENCES
121 NE 5th St # 3411, Miami FL 33132
1 beds · 2 baths · 544 ft²
1
Bedrooms
2
Bathrooms
544
Sq. Ft.
2025
Year Built
40
Stories
49
Days on Market
Description
PERFECT LOCATION IN DOWNTOWN MIAMI, 1-bedroom + den and 2-bathroom unit in 501 First Residences. This high-floor unit features floor-to-ceiling windows, contemporary finishes, a European-style kitchen, and ocean views. The den functions perfectly as a second bedroom, and the two full bathrooms offer comfort and flexibility. It's steps away from Miami World Center, Kaseya Center, Bayside, the Metromover, restaurants, shops, and all the attractions that downtown Miami has to offer. Resident amenities include a rooftop pool with panoramic views, a state-of-the-art fitness center, coworking spaces, social lounges, and 24-hour security. NEW BUILDING
Facts
- MLS#
- A12053425
- Subdivision
- 501 RESIDENCES,501 FIRST RESIDENCES
- Property Type
- Residential Lease
- Property Sub Type
- Condominium
- Year Built
- 2025
- Lot Size
- 7,000 ft²
- Sq. Ft.
- 544 ft²
- Sq. Mt.
- 51 m²
- Price per sq. ft.
- $6/ft²
- Price per sq. mt.
- $64/m²
- Stories
- 40
- Garage
- —
- Pool
- —
- Days on Market
- 49 days
- Listed
- Jul 13, 2026
- Last Updated
- Aug 31, 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
September 2026
45
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).
| 8/31/2026 | Price change | $3,250-12.2% |
| 7/13/2026 | Listed for sale | $3,700 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Affordability
What you'd typically need to qualify for this rental under the standard 30% rule.
$10,833
gross income / month to qualify
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.
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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