$588,000
121 NE 5th Street 3405
Miami, FL 33132
MLS# A12054926
1 beds  |  1 baths  |  489 sqft


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Property Description
Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas.Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront.One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you're looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami's fastest-growing and most exciting neighborhoods.

Details
Maps
Contract Information
Comp Sale YN: No
Occupant Type: Tenant
Listing Date: 2026-07-16
Status: Active
Original List Price: 588000
List Price: $588,000
Current Price: $588,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 1
Postal Zip: 33132
Subdivision Number: 8
Special Assessment YN: No
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Street
Unit Number: 3405
State Or Province: FL
Postal Code: 33132
Postal Code +4: 2632
Subdivision Name: 501 First Residence
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141010082010
General Property Information
Unit Floor #: 34
Adjusted Area Main: 489
Living Area Main: 489
Senior Community YN: No
Stories Total: 40
Property Sub Type: Condominium
Bedrooms Total: 1
Bathrooms Total: 1
Bathrooms Full: 1
Building Area Main: 489
Year Built: 2025
Garage YN: 1
Garage Spaces: 1
Covered Spaces: 1
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 802
Membership Fee Required YN: No
Association YN: 1
Association Fee: 802
Association Fee Frequency: Monthly
Tax Year: 2026
Tax Legal Description: 501 First Residence
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 150
Application Information
1-2 Weeks Approval: 1
Amenities
Fitness Center: 1
Association Amenities
Maintenance: 1
Exterior Features
None: 1
Flooring
Other: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Short Term Rentals Allowed: 1
Parking Features
Valet: 1
Property Condition
New Construction: 1
Possession
Close Of Escrow: 1
Special Information
Sold As-Is: 1
Heating
Central: 1
Leasing Restrictions
Leasing - Max Times Per Year: 365
Leasing - Minimum Number of Days: 1
Unit Description
Corner/End Unit: 1
High Rise: 1
Water View
Bay: 1
Appliances
Dishwasher: 1
Disposal: 1
Interior Features
Other: 1
Listing Terms
Cash: 1
Conventional: 1
Cryptocurrency: 1
Security Features
Elevator Secure: 1
Key Card Entry: 1
Lobby - Attended: 1
Cooling
Other: 1
Association Type
Condominium: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Call Listing Agent: 1
Master Bedroom/Bath
None: 1
Pets Allowed YN
Yes: 1
Restrictions
Other Restrictions: 1
Tax Information
City/County: 1
Price Calculations
Current Price To SqFt: 1202.45
Section Details
Parcel Number MLX: 2010
Status Change Information
Major Change Timestamp: 2026-07-16T04:00:00Z
Major Change Type: New Listing
Status Change Date: 2026-07-16
Originating Details
Originating System Key: 532429015
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Exterior Features: None
Flooring: Other
Leasing Permitted Details: Short Term Rentals Allowed
Parking Features: Valet
Property Condition: New Construction
Appliances: Dishwasher; Disposal
Cooling: Other
Association Type: Condominium
Heating: Central
Interior Features: Other
Listing Terms: Cash; Conventional; Cryptocurrency
Pets Allowed YN: Yes
Possession: Close Of Escrow
Restrictions: Other Restrictions
Security Features: Elevator Secure; Key Card Entry; Lobby - Attended
Special Information: Sold As-Is
Tax Information: City/County
Unit Description: Corner/End Unit; High Rise
Water View: Bay
Showing Requirements: 24 Hour Notice; Appointment Only; Call Listing Agent

IDX
Listing Office: Brosda & Bentley Realtors, LLC

Last Updated: July - 16 - 2026

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