Condominium
121 NE 5th ST # 1701
121 NE 5th ST # 1701, Miami FL 33132 Get directions
$929,000
2 Beds · 2 Baths · 760 SqFt
See estimated monthly costThis listing is courtesy of One Sotheby's International Realty. Mauricio Perez
Overview
Rare 2 Bed / 2 Bath corner residence at 501 First Residences, one of only two southeast-facing corner units in the building, offering some of the most desirable views of Biscayne Bay and the Downtown skyline. Located on the 21st floor, this unit features floor-to-ceiling impact windows, an open layout, Italian kitchen cabinetry, premium appliances, in-unit washer/dryer, and a spacious balcony. No rental restrictions—Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ SF of amenities including rooftop pool, fitness center, spa, co-working spaces, and valet. Prime Downtown location near Brickell, Miami Worldcenter, and Brightline, ideal as a primary residence, second home, or income-producing investment.
Facts & features
Interior
- Living area (sq ft)
- 760
- Full bathrooms
- 2
- Walk-In Closet(s)
Building & exterior
- Year built
- 2026
- Garage spaces
- 1
- Covered spaces
- 1
- Water View
- Open Balcony
- 1 Space
HOA (homeowners association)
- Association fee
- $1,244 per month
- Pets allowed
- Yes
- Exercise Room
- Pool
- Other Restrictions
- Restrictions Or Possible Restrictions
Taxes
- Annual tax
- $0
- Tax year
- 2025
- Parcel number
- 01-41-01-008-0480
Listing
- MLS number
- A12000476
- Property type
- Condominium
- Price per SqFt
- $1,222
- Sale condition
- Foreclosure
- Subdivision
- 501 First Residences
- On market since
- Apr 14, 2026
- Days on market
- 182
Estimated monthly cost
$6,638 per month
- Principal & interest (30 yr)
- $4,698
- Property tax
- $0
- Insurance (estimated)
- $697
- Association fee
- $1,244
An estimate for comparison only — not a loan offer, a quote, or a commitment to lend. Actual taxes, insurance and financing terms will differ.
Location
Nearby schools
- MIA Piccolo Montessori School
- Cherry Blossom Learning Center II
- Eximia School
- Miami Arts Charter School
- BridgePrep Academy of Greater Miami
- ASPIRA Arts DECO Charter
- Care Elementary School
- Centner Academy - Elementary School
- Centner Academy - Middle and High Schools
- Young Men''s Preparatory Academy Senior High
- Eneida Massas Hartner Elementary
- Phillis Wheatley Elementary
- Metropolitan International School of Miami
- School Board Adm -Garage
- Paul Laurence Dunbar K-8 Center
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