Condominium

121 NE 5th St # 1712

121 NE 5th St # 1712, Miami FL 33132 Get directions

$884,900

For Sale
Price cut: $74,100 (−7.7%)

2 Beds · 2 Baths · 757 SqFt

See estimated monthly cost

This listing is courtesy of Realty One Group Estates. Claudia Castano Barroso

Overview

Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef’s kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.

Facts & features

Interior

Living area (sq ft)
757
Full bathrooms
2
Furnished
Furnished,Furniture Only
  • Lobby
  • Closet Cabinetry
  • Other
  • Family Room
  • Storage

Building & exterior

Year built
2025
Waterfront
Yes
  • Bay
  • Other View
  • Skyline
  • Waterfront
  • Open Balcony
  • Valet
  • No Motorcycle
  • No Rv/Boats
  • No Trucks/Trailers

HOA (homeowners association)

Association fee
$1,300 per month
Pets allowed
Yes
  • Community Room
  • Elevator(s)
  • Exercise Room
  • Other
  • Pool
  • Sauna
  • Daily Rentals Allowed
  • Ok To Lease
  • Okay To Lease 1st Year
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$0
Tax year
2025
Parcel number
01-41-01-008-4310

Listing

MLS number
A12024881
Property type
Condominium
Price per SqFt
$1,169
Sale condition
REO
Subdivision
501 First Residences
On market since
May 25, 2026
Days on market
111

Price history

Date Event Price Change
May 25, 2026 Listed $949,000 —
Sep 4, 2026 Price change $884,900 −$74,100 (−7.7%)

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

Estimated monthly cost

$6,438 per month

Principal & interest (30 yr)
$4,475
Property tax
$0
Insurance (estimated)
$664
Association fee
$1,300

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

See this area on the search map

Nearby schools

  • New World School of the Arts Public · 9-12 · 0.21 mi
  • School For Advanced Studies Wolfson Public · 11-12 · 0.21 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 · 0.68 mi
  • Anna Brenner Meyers Telecommunication Complex Public · 0 · 0.70 mi
  • K-12 Distance Learning Public · K-12 · 0.70 mi
  • Frederick Douglass Elementary Public · PK-5 · 0.70 mi
  • Miami-Dade Online Academy Public · K-12 · 0.74 mi
  • iPrep Academy Public · PK-12 · 0.75 mi
  • Primary Learning Center Public · PK-4 · 0.75 mi
  • School Board Adm -Garage Public · 0 · 0.77 mi
  • Chapman Partnership Early Childhood Center North Public · PK · 0.77 mi
  • Key Point Academy Downtown Private · PK-12 · 0.78 mi

Similar homes nearby

Active listings within two miles, with a comparable size and price.

Copyright SEFMLS © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited, is a violation of the terms of use, and may violate federal and state law.

Request a tour
WhatsApp
Contact Us