- Overview
- Description
- Property Details
- Location
- HOA Management
- Facts & Features
- Getting Around
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$585,000
Monthly Est:$2,912
1 Bed
- 2 Baths
2 full baths
659sqft
121 NE 5th Street #2211, Miami, FL 33132
$585,000
$2,912/moEst:
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Condominium
Built in 2026
$893/mo HOA
-- sqft lot
$888/sq.ft
Description
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.
- Houzeo last checked: 12 hours ago
- Listing updated: October 31, 2026 at 12:19 am
- Listing Provided by: Carolina Preciado (786) 318-8856 DRE #3226192 | Potential Property Group (305) 260-6300
- Source: Beaches MLS-FL | MLS#: A11985345

This condo is in:
Property Details
Status
Active
Type
Condominium
No. of Stories
40
County
City
Neighborhood
Year Built
2026
HOA Fees
$893/mo
Finished Area
659 sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Beaches MLS
MLS Number
A11985345
MLS Status
Active
Days on Market
210
Cumulative Days on Market
207

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Location
HOA Management
N/A
HOA Fees
$893/ Monthly
Amenities
Amenities and services may be covered by one or multiple associations and service providers.
Gym
Club House
Maintenance
Spa
Sewer
Water
Pool
Insurance
Internet
Security Guard
Elevator
Laundry
Trash Pickup
Library
PicnicArea
Pools
BusinessCenter
RecreationFacilities
CommonAreas
Disclaimer: Amenities are based on third-party information and may vary; buyers must independently verify all amenities, as information is deemed reliable but not guaranteed.
Facts & Features
Rooms
Bedrooms & bathrooms
Bedroom: 1
Bathrooms: 2
Interior
Exterior Features
Balcony, Barbecue, Outdoor Living Area
Interior Features
Entrance Foyer, Elevator, Living Dining Room, Multiple En Suite Bathrooms, Other, Bar
Appliances
Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Trash Compactor, Washer
Flooring
Ceramic Tile
Heating
Central
Cooling
Central Air
Construction
Year Built
Year Built: 2026
Home type
Condominium
Construction Materials
Block
Property Condition
New Construction
Utilities & Energy
Utilities
Cable Available
Parking Features
Valet
Pool Features
Private, Association, Heated
Association Amenities
Business Center, Clubhouse, Elevators, Fitness Center, Laundry, Library, Picnic Area, Pool, Sauna, Spa Hot Tub
Security Features
Elevator Secured, Lobby Secured, Security Guard
Other Features
Patio And Porch Features
Open, Balcony
Subdivision Name
501 First Residences
Price History
| Date | Event | Price |
|---|---|---|
09/15/2026 Source: | Price Decreased | $3,200 -99.45% $5/sqft |
09/15/2026 Source: | Price Increased | $585,000 +15710.81% $888/sqft |
06/15/2026 Source: | Off Market | $3,700 $6/sqft |
06/15/2026 Source: | Listed for Sale | $3,700 +15.62% $6/sqft |
06/15/2026 Source: #A12034863 | Off Market | $3,200 -99.46% $5/sqft |
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IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This data is not verified for authenticity or accuracy and may not reflect all real estate activity in the market. Based on information © 2026 BeachesMLS, Inc. All Rights Reserved.
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