Condominium
121 NE 5th St # 3401
121 NE 5th St # 3401, Miami FL 33132 Get directions
$940,000
2 Beds · 2 Baths · 760 SqFt
See estimated monthly costThis listing is courtesy of Florida Capital Realty. Valeria Vega
Overview
Stunning rare corner 2 Bedroom, 2 Bathroom residence at 501 First with breathtaking panoramic views of Biscayne Bay and the Miami skyline. Floor-to-ceiling impact glass windows fill the residence with natural light while showcasing spectacular water and city views from every angle. Modern open-concept layout featuring spacious living areas, contemporary finishes, high ceilings, premium appliances, and designer furnishings throughout. Delivered fully furnished in a brand-new building and never previously occupied, offering a true turnkey opportunity. One of the few properties in the area with no rental restrictions, ideal for short-term rentals, long-term income production, or personal use with maximum flexibility. Prime corner positioning within the building provides enhanced privacy and one of the most desirable layouts available. Residents enjoy resort-style amenities including a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, valet parking, and 24-hour security. Located in the heart of Downtown Miami, steps from Miami Worldcenter, Brightline Station, Kaseya Center, shopping, dining, and entertainment.
Facts & features
Interior
- Living area (sq ft)
- 760
- Full bathrooms
- 2
- First Floor Entry
Building & exterior
- Year built
- 2026
- Garage spaces
- 1
- Covered spaces
- 1
- Waterfront
- Yes
- Bay
- Water View
- Barbeque
- Valet
HOA (homeowners association)
- Association fee
- $1,200 per month
- Pets allowed
- Yes
- Barbecue
- Billiard Room
- Clubhouse-Clubroom
- Elevator(s)
- Exercise Room
- See Broker Remarks
- More Than 20 Lbs
Taxes
- Annual tax
- $0
- Tax year
- 2026
- Parcel number
- 01-41-01-008-0650
Listing
- MLS number
- A12023650
- Property type
- Condominium
- Price per SqFt
- $1,237
- Subdivision
- 501 1ST
- On market since
- Jun 3, 2026
- Days on market
- 119
Estimated monthly cost
$6,658 per month
- Principal & interest (30 yr)
- $4,753
- Property tax
- $0
- Insurance (estimated)
- $705
- Association fee
- $1,200
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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