About This Home

This 1-bedroom, 2-bathroom condo at 121 NE 5th St #2211 in Miami, FL is listed for $585,000 ($888 per sqft). Built in 2026, the home offers 659 sqft of living space on a N/A lot.

Key Features

  • Built in 2026

Property Details

2 full
#2211
2026

Amenities

ViewA/C
Listing Description

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami's newest short-term-rental-friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office.

The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns.

Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

Monthly Cost Estimate

$4,022/mo

20% down · 6.5% · 30 years

Principal$423
Interest$2,535
Insurance$171
HOA$893

Estimates only. Actual payments may vary.

Location

121 NE 5th St #2211

Miami, FL 33132

501 First Residences

Features & Amenities

Interior Features

Convertible BedroomEntrance FoyerLiving/Dining RoomElevatorBar

Exterior Features

BalconyBarbecueSecurity/High Impact Doors

Property Details

Flooring

Tile - Ceramic

Construction

Brick Block

Views

City

Parking

Valet

Heating

Central

Cooling

Central Air

Appliances

DryerDishwasherElectric RangeElectric Water HeaterDisposalMicrowaveRefrigeratorTrash CompactorWasher

Questions & Answers

This 1-bedroom, 2-bathroom condo at 121 NE 5th St is listed at $585,000 ($888/sqft). The estimated monthly payment is $4,022 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $893/month.

Key features include: Built in 2026. Interior Features: Convertible Bedroom, Entrance Foyer, Living/Dining Room. Exterior Features: Balcony, Barbecue, Security/High Impact Doors.

This property is listed by Carolina Preciado and can be reached at 7863188856.

CP

Carolina Preciado

License 3226192

Agent at Potential Property Group

(786) 318-8856
Agent website

Listed by Potential Property Group · Broker phone: (786) 318-8856 · View on Broker Site · Broker website

MLS# A11985345· Source: Miami REALTORS®· 140 days on PropertySimple

Copyright © 2026 Miami REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

121 NE 5th St #2211, Miami, FL 33132

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