# 121 NE 5th St, Miami, FL 33132

> **TL;DR:** 2bd/2ba condo, $970,000 ($1276/sqft), built 2026, 760 sqft.
> Waterfront, View. Est. $4,203/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $970,000 |
| Price/sqft | $1276 |
| Bedrooms | 2 |
| Bathrooms | 2 full |
| Square Feet | 760 |
| Year Built | 2026 |
| Stories | 40 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,203 |
| **Total** | **$4,203** |

## Key Amenities

- Waterfront
- View

## Property Highlights

- Built in 2026
- 40 stories
- Waterfront

## Description

### Agent Description
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.

## Location

- **Address:** 121 NE 5th St, Miami, FL 33132
- **County:** Miami-Dade
- **Neighborhood:** 501 1st

## Listing Agent

- **Name:** Valeria Vega
- **Brokerage:** Florida Capital Realty
- **Phone:** 9543192497
- **Email:** valevga33@gmail.com

## Primary Photo

![121 NE 5th St - Primary Photo](http://lh.rdcpix.com/4ffc2fa5973779a8e48b305926d456bdl-f2815627879r.jpg)

*39 total photos available on [listing page](https://www.propertysimple.com/listing/121-ne-5th-st-miami-fl-33132-12023650)*

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**MLS#:** A12023650 | **Updated:** 2026-06-17
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/121-ne-5th-st-miami-fl-33132-12023650)

---

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