$585,000

121 NE 5th St # 2211, Miami FL 33132

208 days on marketPrice reduced $10,000 on Sep 15, 2026

Bedrooms
1
Bathrooms
2
Living area
659 sqft
Price per sqft
$888
Type
Condominium
Year built
2026
HOA
$893/mo
MLS #
A11985345

About this home

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

Estimated subtotal

$893/mo

Principal and interestThe current market rate is not available right now. Enter the rate your lender quoted.
Not included
Property taxNot in the MLS record
Not included
HOAMLS association fee, monthly
$893

The current market rate is not available right now. Enter the rate your lender quoted.

Estimate. Jumbo and investor loans are often priced differently; verify with your lender. Property tax is the seller's current bill and may be reassessed after purchase. Items marked Not included are not in this total.

Is this the right price?

We send written comps, the full cost of owning it and an offer strategy before you tour or offer.

Get the numbers on this home

The neighborhood

Miami, 33132

What to check here

Compare association costs, flood exposure and financing across distinct condo submarkets.

Listing courtesy of Potential Property Group

Listing data provided by the Miami Association of Realtors MLS, deemed reliable but not guaranteed.

Property check

Send the home. Within one business day a licensed agent sends what it is worth, what it costs to own and what to verify.