501 FIRST RESIDENCES

121 NE 5th St # 3511, Miami FL 33132

1 beds · 2.5 baths · 544 ft²

For Sale · Active Listing

$3,600

Est. Payment $19/mo

MLS Sheet Video

Bedrooms

2.5

Bathrooms

544

Sq. Ft.

2025

Year Built

Stories

Days on Market

Description

Experience elevated urban living in this beautifully designed residence at 501 First Residences, one of Downtown Miami's newest luxury buildings. This modern One Bedroom + Den & 2 Bathrooms with 544 sqft. unit offers an open-concept layout with abundant natural light, floor-to-ceiling windows, high ceilings, and a private balcony, creating the perfect space to live, work, and relax. Amenities include Rooftop Pool, Fitness Center, Coworking lounge and more, Building offers Valet Parking Service, residences feature Italian cabinetry, Bosch appliances, smart-home technology, full-size washer and dryer, and built-out closets. Located in the heart of Downtown Miami, 501 First Residences places you just steps from world-class dining, shopping, entertainment, Brightline Station, Miami Worldcenter, Bayside Marketplace, Kaseya Center, and easy access to Brickell, Wynwood, and Miami Beach.

Facts

MLS#: A12062424
Subdivision: 501 FIRST RESIDENCES
Property Type: Residential Lease
Property Sub Type: Condominium
Year Built: 2025
Lot Size: 0 sqft
Sq. Ft.: 544 ft²
Sq. Mt.: 51 m²
Price per sq. ft.: $7/ft²
Price per sq. mt.: $71/m²
Stories: 40
Garage: —
Pool: —
Days on Market: —
Listed: Jul 30, 2026
Last Updated: Jul 30, 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

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).

7/30/2026

Listed for sale

$3,600

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 # 3511, Miami FL 33132Directions

GreatSchools Summary Ratings

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

Park Centre Academy
1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.2 mi
Lighthouse Christian Academy
PK,KG · private · 0.6 mi
Faith Baptist School
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 0.7 mi
Forest Grove Middle School
6,7,8 · public · 0.7 mi
Bethany School
KG,1,2,3,4,5,6,7,8,9,10,11 · private · 0.9 mi
Fort Pierce Central High School
9,10,11,12 · public · 0.9 mi
Sunrise Academy of Excellence
KG,1,2,3,4,5 · private · 1.4 mi
Synergy School of Tomorrow Inc
PK,KG,1,2,3,4,5,6,7,8,9,10,11,12 · private · 1.4 mi
The Pure Academy
KG,1,2,3,4,5,6,7,8,9,10 · private · 1.4 mi
St. James Academy
9,10,11,12 · private · 1.5 mi

Affordability

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

$12,000

gross income / month to qualify

Monthly rent$3,600

Required annual income$144,000

Security deposit (est.)$3,600

Move-in cost (1st + last + security)$10,800

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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