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About This Home

This 1-bedroom, 2-bathroom condo at 121 NE 5th St in Miami, FL is listed for $625,000 ($1,149 per sqft). Built in 2026, the home offers 544 sqft of living space on a N/A lot.

Agent Description

Best deal at 501 First! Modern 1 Bed + Den condominium located in the heart of Downtown Miami, with exceptional views and prime positioning within the building. This unit is one of the few in the area featuring no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility.

Delivered fully furnished in a brand-new building, the residence has never been occupied, presenting a true turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that support both comfort and strong rental demand.

With the best location and one of the most desirable views in the building, the smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside.

Key Features

  • Built in 2026
  • 40 stories
  • Waterfront

Property Details

40 stories
2 full
#2102
2026

Amenities

WaterfrontView

Monthly Cost Estimate

$3,343/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182

Estimates only. Actual payments may vary.

Location

121 NE 5th St

Miami, FL 33132

501 1st Ave

Features & Amenities

Interior Features

Door ManElevator SecuredBedroom On Main LevelFirst Floor EntryElevatorBar

Exterior Features

BalconyBarbecueCourtyardDeck

Property Details

Flooring

TileTile - Ceramic

Construction

Block

Views

City

Parking

GarageValet

Heating

Central

Cooling

Central Air

Appliances

DryerGarbage Disposer

Questions & Answers

This 1-bedroom, 2-bathroom condo at 121 NE 5th St is listed at $625,000 ($1,149/sqft). The estimated monthly payment is $2,708 based on 20% down at 6.5% interest.

Key features include: Built in 2026, 40 stories, Waterfront. Interior Features: Door Man, Elevator Secured, Bedroom On Main Level. Exterior Features: Balcony, Barbecue, Courtyard.

This property is listed by Valeria Vega and can be reached at 9543192497 or valevga33@gmail.com.

VV

Valeria Vega

Agent at Florida Capital Realty

(954) 319-2497

Listed by Florida Capital Realty · View on Broker Site

MLS# A12023677· Source: listhub· Updated today

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, Miami, FL 33132

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