501 First Residences

121 NE 5th St # 3312, Miami FL 33132

2 beds · 2 baths · 757 ft²

For Sale · Active Listing

$889,000

Est. Payment $4,732/mo

MLS Sheet Video

2

Bedrooms

2

Bathrooms

757

Sq. Ft.

2025

Year Built

40

Stories

4

Days on Market

Description

Investor's dream come true: short-term rental-friendly building, high floor, impressive views, corner unit, fully furnished. Location: Miami World Center. This fully furnished 2-bedroom, 2-bath corner residence sits on a high floor and offers stunning views of Biscayne Bay, the Miami skyline, and Port of Miami. Beautifully equipped with all appliances and a washer and dryer, modern finishes, and a turnkey layout, this unit is ready for personal use, rental income, or both. Located one block from the Kaseya Center, home to world-class concerts, Miami Heat games, and major entertainment events, and minutes from Brickell, Wynwood, Bayside, Miami Worldcenter, and the Brightline station. Offered at $889,000, positioned below competing 2-bedroom listings in the building. A rare opportunity for investors or end users seeking location, views, and rental flexibility in the heart of Miami.

Facts

MLS#
A12070584
Subdivision
501 First Residences
Property Type
Residential
Property Sub Type
Condominium
Year Built
2025
Lot Size
0 sqft
Sq. Ft.
757 ft²
Sq. Mt.
70 m²
Price per sq. ft.
$1,174/ft²
Price per sq. mt.
$12,700/m²
Stories
40
Garage
—
Pool
—
Days on Market
4 days
Listed
Aug 13, 2026
Last Updated
Aug 17, 2026
Price/Lot Sq.Ft.
—

Comparable homes

Same ZIP, similar price + bedrooms.

Market insights for Miami

Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.

Sellers market

October 2026

100/100
Buyers marketSellers market

42

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).

8/13/2026Listed for sale$889,000

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 # 3312, Miami FL 33132Directions

Estimated Monthly Payment

$5,622/mo

Principal & Interest

$4,732

Property Tax

$741

Insurance

$150

HOA

$0

20% ($177,800)
7.00%
30 years
1.00% (FL avg ~1.0%)
$0/mo
$150/mo

Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.

Rangely Adames

Rangely Adames

Sales Associate | Sunland Group

Hablo Español

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