Condominium
121 NE 5th St # 3304
121 NE 5th St # 3304, Miami FL 33132 Get directions
$415,000
0 Beds · 1 Bath · 359 SqFt
See estimated monthly costThis listing is courtesy of Rich Homes of Florida. Ygal Benichay
Overview
Discover elevated luxury living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami. Perched on the 33rd floor, this beautifully appointed and professionally decorated studio showcases breathtaking ocean and city skyline views from its private balcony. Featuring contemporary finishes, a fully equipped kitchen, an in-unit washer and dryer, and a thoughtfully designed living space. Enjoy resort-style amenities including a spectacular rooftop pool, fitness center, hot tub, cold plunge, rooftop cinema, and resident lounges. Currently operating as a successful Airbnb short-term rental generating strong income, with the flexibility of nightly rentals. An exceptional turnkey investment opportunity! Inquire for annual rental income details.
Facts & features
Interior
- Living area (sq ft)
- 359
- Full bathrooms
- 1
- Furnished
- Furnished
- First Floor Entry
Building & exterior
- Year built
- 2025
- Skyline
- Open Balcony
- None
HOA (homeowners association)
- Association fee
- $589 per month
- Pets allowed
- Yes
- Business Center
- Community Room
- Elevator(s)
- Exercise Room
- Exterior Lighting
- Pool
- Ok To Lease
Taxes
- Annual tax
- $0
- Tax year
- 2000
- Parcel number
- 01-41-01-008-1660
Listing
- MLS number
- A12105310
- Property type
- Condominium
- Price per SqFt
- $1,156
- Subdivision
- 501 FIRST RESIDENCES
- On market since
- Oct 13, 2026
- Days on market
- 1
Estimated monthly cost
$2,999 per month
- Principal & interest (30 yr)
- $2,098
- Property tax
- $0
- Insurance (estimated)
- $311
- Association fee
- $589
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
- New World School of the Arts
- School For Advanced Studies Wolfson
- Law Enforcement Officers Memorial Senior High
- Downtown Miami Charter School
- RJW The Academy of Arts Sciences
- School Board Adm - Main Building
- Anna Brenner Meyers Telecommunication Complex
- K-12 Distance Learning
- Frederick Douglass Elementary
- Miami-Dade Online Academy
- iPrep Academy
- Primary Learning Center
- School Board Adm -Garage
- Chapman Partnership Early Childhood Center North
- Key Point Academy Downtown
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