About This Home

This 1-bedroom, 2-bathroom condo at 121 NE 5th St #2102 in Miami, FL is listed for $690,000 ($1,268 per sqft). Built in 2026, the home offers 544 sqft of living space on a N/A lot.

Key Features

  • Built in 2026
  • Waterfront

Property Details

2 full
1-car garage
#2102
2026

Amenities

WaterfrontA/C
Listing 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.

Monthly Cost Estimate

$4,580/mo

20% down · 6.5% · 30 years

Principal$499
Interest$2,990
Insurance$201
HOA$890

Estimates only. Actual payments may vary.

Location

121 NE 5th St #2102

Miami, FL 33132

501 1ST AVE

Features & Amenities

Interior Features

Bedroom on Main LevelFirst Floor EntryElevatorBar

Exterior Features

BalconyBarbecueCourtyardDeck

Property Details

Flooring

Tile - Ceramic

Construction

Block

Outdoor Features

Deck

Parking

Valet

Heating

Central

Cooling

Central Air

Appliances

DryerDisposalWasher

Questions & Answers

This 1-bedroom, 2-bathroom condo at 121 NE 5th St is listed at $690,000 ($1,268/sqft). The estimated monthly payment is $4,580 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $890/month.

Key features include: Built in 2026, Waterfront. Interior Features: Bedroom on Main Level, First Floor Entry, Elevator. Exterior Features: Balcony, Barbecue, Courtyard.

This property is listed by Valeria Vega.

VV

Valeria Vega

License 3472599

Agent at FLORIDA CAPITAL REALTY

Listed by FLORIDA CAPITAL REALTY · Broker phone: (305) 728-5286 · View on Broker Site · Broker website

MLS# A12023677· Source: Miami REALTORS®· 1 day 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 #2102, Miami, FL 33132

Open this listing in: