501 First Residences

121 NE 5th St # 2708, Miami FL 33132

1 beds · 1 baths · 535 ft²

For Sale · Active Listing

$3,300

Est. Payment $18/mo

MLS Sheet

Bedrooms

Bathrooms

535

Sq. Ft.

2025

Year Built

Stories

Days on Market

Description

Fully furnished 1BR/1BA corner residence at 501 Residences, available for monthly rental with no minimum lease restrictions. Completely turnkey — linens, towels, dishes, cookware, and household essentials included, so you can move in with a suitcase. Northeast exposure fills the unit with natural light, with balcony views toward Biscayne Bay. Building amenities include a fitness center, co-working lounge, rooftop pool with spa and cold plunge, rooftop barbecue and summer kitchen, private dining room with kitchen, TV lounge, Sunrise and Sunset terraces, Sunset Theatre, bicycle storage, and additional storage. Steps from the Metromover for car-free access to Brickell and the financial district, and one block from Miami Worldcenter's dining, retail, and entertainment. Flexible monthly terms suit relocations, extended work assignments, and anyone seeking a downtown base without a long-term commitment.

Facts

MLS#: A12059002
Subdivision: 501 First Residences
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 2025
Lot Size: 0 sqft
Sq. Ft.: 535 ft²
Sq. Mt.: 50 m²
Price per sq. ft.: $6/ft²
Price per sq. mt.: $66/m²
Stories: 42
Garage: —
Pool: —
Days on Market: —
Listed: Jul 23, 2026
Last Updated: Jul 23, 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).

7/23/2026

Listed for sale

$3,300

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 # 2708, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Central Park Elementary School
PK,KG,1,2,3,4,5 · public · 0.8 mi
Learning Scope Academy
PK,TK,KG,1,2,3,4,5,6,7 · private · 0.9 mi
American High School
6,7,8,9,10,11,12 · private · 1.1 mi
St Gregory The Great School
PK,TK,KG,1,2,3,4,5,6,7,8 · private · 1.4 mi
Community Christian Academy of Broward
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
Our Savior Lutheran School
PK,KG,1,2,3,4,5,6,7,8 · private · 1.4 mi
One Step At A Time Learning Academy
PK,KG · private · 1.4 mi
Developmental Preschool Kindergarten
PK,TK,KG · private · 1.5 mi
Fox Trail Elementary School
PK,KG,1,2,3,4,5 · public · 1.5 mi
Sterling Academy
6,7,8,9,10,11,12 · private · 1.6 mi

Affordability

What you'd typically need to qualify for this rental under the standard 30% rule.

$11,000

gross income / month to qualify

Monthly rent$3,300

Required annual income$132,000

Security deposit (est.)$3,300

Move-in cost (1st + last + security)$9,900

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

Sales Associate | Sunland Group

(954) 833-0020 info@rangelyadames.com

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