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About This Home
This 1-bedroom, 2-bathroom condo at 121 NE 5th St in Miami, FL is listed for $630,888 ($957 per sqft). Built in 2026, the home offers 659 sqft of living space on a N/A lot.
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.
Key Features
- Built in 2026
- 40 stories
Property Details
Amenities
Monthly Cost Estimate
$3,374/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
121 NE 5th St
Miami, FL 33132
501 First Residences
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 2-bathroom condo at 121 NE 5th St is listed at $630,888 ($957/sqft). The estimated monthly payment is $2,734 based on 20% down at 6.5% interest.
Key features include: Built in 2026, 40 stories. Interior Features: Door Man, Elevator Secured, Convertible Bedroom. Exterior Features: Security Guard, Balcony, Barbecue.
This property is listed by Carolina Preciado and can be reached at 3052606300 or carolina@ppgmiami.com.








