Condominium

121 NE 5th St # 1012A

121 NE 5th St # 1012A, Miami FL 33132 Get directions

$450,000

For Sale
Price cut: $70,000 (−13.5%)

0 Beds · 1 Bath · 343 SqFt

See estimated monthly cost

This listing is courtesy of Affinity International Realty. Gladys Lell

Overview

Beautiful studio with balcony in the brand new 501 First Residences in Downtown Miami. Fully furnished and move-in ready, just bring your toothbrush! No rental restriction-Airbnb allowed. Amazing amenities, fitness facilities, social and co-working areas, and proximity to Miami World Center, Brightline. Don't miss the opportunity to live in the heart of Miami, where everyone wants to be. Restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short term rental, it's the perfect combination. It's not a condo-hotel. Don't miss it!!!

Facts & features

Interior

Living area (sq ft)
343
Full bathrooms
1
Furnished
Furnished
  • First Floor Entry

Building & exterior

Year built
2025
  • Bay
  • Skyline
  • Open Balcony
  • Valet

HOA (homeowners association)

Association fee
$563 per month
Pets allowed
Yes
  • Barbecue
  • Business Center
  • Cabana
  • Child Play Area
  • Elevator(s)
  • Exercise Room
  • Storage
  • Pool
  • Spa/Hot Tub
  • Daily Rentals Allowed
  • No Restrictions

Taxes

Annual tax
$0
Tax year
2026
Parcel number
01-41-01-008-4230

Listing

MLS number
A12031342
Property type
Condominium
Price per SqFt
$1,312
Subdivision
501 First Residences
On market since
Jun 4, 2026
Days on market
134

Price history

Date Event Price Change
Jun 4, 2026 Listed $520,000 —
Oct 16, 2026 Price change $450,000 −$70,000 (−13.5%)

Milestones recorded on this listing. Not a complete MLS price history.

Estimated monthly cost

$3,176 per month

Principal & interest (30 yr)
$2,275
Property tax
$0
Insurance (estimated)
$338
Association fee
$563

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

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Nearby schools

  • New World School of the Arts Public · 9-12 · 0.22 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.22 mi
  • Law Enforcement Officers Memorial Senior High Public · 9-12 · 0.42 mi
  • Downtown Miami Charter School Charter · K-6 · 0.48 mi
  • RJW The Academy of Arts Sciences Private · KG-11 · 0.67 mi
  • School Board Adm - Main Building Public · 0 · 0.67 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.69 mi
  • K-12 Distance Learning Public · K-12 · 0.69 mi
  • Frederick Douglass Elementary Public · PK-5 · 0.69 mi
  • Miami-Dade Online Academy Public · K-12 · 0.73 mi
  • iPrep Academy Public · PK-12 · 0.74 mi
  • Primary Learning Center Public · PK-4 · 0.74 mi
  • School Board Adm -Garage Public · 0 · 0.76 mi
  • Chapman Partnership Early Childhood Center North Public · PK · 0.76 mi
  • Key Point Academy Downtown Private · PK-12 · 0.77 mi

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