121 NE 5th St # 512B, Miami FL 33132
1 baths · 409 ft²
1
Bathrooms
409
Sq. Ft.
2025
Year Built
4
Stories
53
Days on Market
Description
Experience sophisticated urban living at Residence 512B in the brand-new 501 First Residences. This beautifully designed 6th-floor studio features floor-to-ceiling windows with stunning Downtown Miami skyline views. Designed by award-winning Shim Projects, this luxury residence is fully furnished and move-in ready, with custom Italian cabinetry, Hansgrohe fixtures, built-out closets, in-unit washer/dryer, high-speed internet, and premium appliances. All furniture is included, making this a truly turnkey opportunity. The building offers a resort-style experience with over 20,000 SF of amenities, valet parking, 24/7 front desk/reception, and a restaurant coming soon on the first floor. The 38th floor features a conference room, lounge, terrace, Zen garden/relaxation area, and fitness center. The 40th floor offers a resort-style pool, jacuzzi, terraces, outdoor TV lounge, and BBQ areas. The 2nd floor includes lockers, pet bathroom, bicycle parking, and a 24/7 self-service store. The Metromover College North Station is directly across from the building, providing convenient transportation. Ideally located in Downtown Miami, steps from Miami Worldcenter, Brightline Station, shopping, dining, and world-class entertainment. A perfect blend of luxury, convenience, and modern city living.
Facts
- MLS#
- A12064067
- Subdivision
- —
- Property Type
- Residential Lease
- Property Sub Type
- Condominium
- Year Built
- 2025
- Lot Size
- 0 sqft
- Sq. Ft.
- 409 ft²
- Sq. Mt.
- 38 m²
- Price per sq. ft.
- $6/ft²
- Price per sq. mt.
- $64/m²
- Stories
- 4
- Garage
- —
- Pool
- —
- Days on Market
- 53 days
- Listed
- Aug 2, 2026
- Last Updated
- Sep 24, 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
47
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).
| 9/23/2026 | Price change | $2,450-29.0% |
| 8/2/2026 | Listed for sale | $3,450 |
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.
$8,167
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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