Condominium

121 NE 5th St # 2411

121 NE 5th St # 2411, Miami FL 33132

$579,900

For Sale New — listed today

1 Bed · 2 Baths · 597 SqFt

See estimated monthly cost

This listing is courtesy of Rutois International Realty LLC. Daniel Rutois

Overview

BY FAR THE BEST DEAL IN DOWNTOWN MIAMI! PRICED WELL BELOW MARKET VALUE. PRICE IS FIRM. Investors, take notice! Modern 1 Bed + Den residence in the heart of Downtown Miami, offering exceptional views and one of the most desirable locations within the building. One of the few opportunities in the area with NO RENTAL RESTRICTIONS, providing maximum flexibility for short-term rentals, long-term income, or personal use. Delivered fully furnished in a brand-new building, this is a true turnkey opportunity. Enjoy top-of-the-line resort-style amenities and an outstanding location just steps from dining, entertainment, shopping and transit. The smart layout maximizes space and functionality, while the combination of location, views and rental flexibility makes this an exceptional investment opportunity. SELLER FINANCING AVAILABLE

Facts & features

Interior

Living area (sq ft)
597
Full bathrooms
2
  • Built-in Features
  • Closet Cabinetry
  • Custom Mirrors
  • Den/Library/Office

Building & exterior

Year built
2026
  • Bay
  • Skyline
  • Barbeque
  • 1 Space
  • Valet

HOA (homeowners association)

Association fee
$890 per month
Pets allowed
Yes
  • Barbecue
  • Billiard Room
  • Business Center
  • Child Play Area
  • Clubhouse-Clubroom
  • Exercise Room
  • Other
  • Pool
  • Sauna
  • Spa/Hot Tub
  • Trash Chute
  • Daily Rentals Allowed
  • No Restrictions
  • Restrictions Or Possible Restrictions

Taxes

Annual tax
$0
Tax year
2026
Parcel number
00-00-00-501-2411

Listing

MLS number
A12074753
Property type
Condominium
Price per SqFt
$971
Subdivision
501 First Residences
On market since
Aug 24, 2026
Days on market
0

Estimated monthly cost

$4,257 per month

Principal & interest (30 yr)
$2,932
Property tax
$0
Insurance (estimated)
$435
Association fee
$890

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 · 0.22 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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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.

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