501 First Residences
121 NE 5th St # 2411, Miami FL 33132
1 beds · 2 baths · 597 ft²
$579,900
Est. Payment $3,086/mo
1
Bedrooms
2
Bathrooms
597
Sq. Ft.
2026
Year Built
40
Stories
1
Days on Market
Description
BY FAR THE BEST DEAL IN DOWNTOWN MIAMI! PRICED WELL BELOW MARKET VALUE. PRICE IS FIRM. Investors, take notice! Modern 1 Bed + Den residence in the heart of Downtown Miami, offering exceptional views and one of the most desirable locations within the building. One of the few opportunities in the area with NO RENTAL RESTRICTIONS, providing maximum flexibility for short-term rentals, long-term income, or personal use. Delivered fully furnished in a brand-new building, this is a true turnkey opportunity. Enjoy top-of-the-line resort-style amenities and an outstanding location just steps from dining, entertainment, shopping and transit. The smart layout maximizes space and functionality, while the combination of location, views and rental flexibility makes this an exceptional investment opportunity. SELLER FINANCING AVAILABLE
Facts
- MLS#
- A12074753
- Subdivision
- 501 First Residences
- Property Type
- Residential
- Property Sub Type
- Condominium
- Year Built
- 2026
- Lot Size
- 0 sqft
- Sq. Ft.
- 597 ft²
- Sq. Mt.
- 55 m²
- Price per sq. ft.
- $971/ft²
- Price per sq. mt.
- $10,544/m²
- Stories
- 40
- Garage
- —
- Pool
- —
- Days on Market
- 1 day
- Listed
- Aug 24, 2026
- Last Updated
- Aug 25, 2026
- Price/Lot Sq.Ft.
- —
Comparable homes
Same ZIP, similar price + bedrooms.
$594,900
1 bd · 2 ba · 591 sqft
121 NE 5th Steet # 3313, Miami FL 33132
$599,000
1 bd · 2 ba · 943 sqft
888 Biscayne Blvd # 4203, Miami FL 33132
$579,000
1 bd · 1 ba · 630 sqft
11 NE 6th Street # 1912, Miami FL 33132
$550,000
1 bd · 2 ba · 912 sqft
900 Biscayne Boulevard # 5603, Miami FL 33132
$620,000
1 bd · 2 ba · 948 sqft
888 Biscayne Blvd # 4306, Miami FL 33132
$529,000
1 bd · 2 ba · 929 sqft
851 NE 1st Ave # 1202, Miami FL 33132
$579,000
2 bd · 2 ba · 880 sqft
1600 NE 1st Avenue # 2307, Miami FL 33132
$639,000
1 bd · 2 ba · 1,031 sqft
900 Biscayne Boulevard # 5410, Miami FL 33132
Market insights for Miami
Live MLS-derived activity. Forecast is a conservative rule-of-thumb estimate — not a guarantee.
Sellers market
September 2026
61
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).
| 8/24/2026 | Listed for sale | $579,900 |
History reflects fields present on the live MLS record. Full multi-year history requires the MIAMI ListingHistory resource (not yet enabled).
Location
Estimated Monthly Payment
$3,720/mo
Principal & Interest
$3,086
Property Tax
$483
Insurance
$150
HOA
$0
Estimates only. Actual payment depends on credit, lender, insurance carrier, and FL/Miami-Dade specifics. Contact Rangely for a precise quote.
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
Similar listings nearby
More homes in Miami around $579,900.
501 NE 31st St # 2504, Miami FL 33137
92 SW 3rd St # 1804, Miami FL 33130
10805 SW 156th Ter, Miami FL 33157
7557 SW 164th Ct, Miami FL 33193
2451 Brickell Ave # 4F, Miami FL 33129
Miami, FL