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About This Home

This 1-bedroom, 1-bathroom condo at 121 NE 5th St in Miami, FL is listed for $595,000 ($982 per sqft). Built in 2025, the home offers 606 sqft of living space on a N/A lot.

Agent Description

Newly delivered 1BR/1BA corner residence at 501 Residences, offered fully furnished and turnkey, including linens, towels, dishes, and household essentials, making it ideal for immediate rental or move-in. This light-filled unit features northeast exposure with balcony views toward Biscayne Bay.

Located just one block from Miami Worldcenter, 501 Residences offers a distinct advantage in Downtown Miami with no hotel component, providing a more residential, less transient environment than nearby condo-hotel buildings.

Residents enjoy a full suite of amenities, including a 75’ rooftop pool with spa and cold plunge, private dining room with kitchen, TV lounge, co-working lounge, Sunrise and Sunset terraces, The Green House, Sunset Theatre, summer kitchen, bicycle storage, and additional storage. Enjoy modern design, quality finishes, and a prime location surrounded by dining, entertainment, transit, and cultural destinations. Perfect as a primary residence, pied-à-terre, or investment opportunity in one of Downtown Miami’s most desirable areas.

Key Features

  • Built in 2025
  • 40 stories

Property Details

40 stories
1 full
#1608
2025

Amenities

View

Monthly Cost Estimate

$3,182/mo

20% down · 6.5% · 30 years

Principal$430
Interest$2,578
Insurance$174

Estimates only. Actual payments may vary.

Location

121 NE 5th St

Miami, FL 33143

501 First Residences

Features & Amenities

Interior Features

Fire Sprinkler SystemLobby SecuredBedroom On Main LevelCloset CabinetryElevatorLiving/Dining Room

Exterior Features

BalconySecurity/High Impact Doors

Property Details

Views

City

Parking

Other

Heating

Central

Cooling

Central Air

Appliances

DryerIce MakerMicrowaveRangeRefrigerator

Questions & Answers

This 1-bedroom, 1-bathroom condo at 121 NE 5th St is listed at $595,000 ($982/sqft). The estimated monthly payment is $2,578 based on 20% down at 6.5% interest.

Key features include: Built in 2025, 40 stories. Interior Features: Fire Sprinkler System, Lobby Secured, Bedroom On Main Level. Exterior Features: Balcony, Security/High Impact Doors.

This property is listed by Ana Leighton and can be reached at 3055868899 or ana.leighton@compass.com.

AL

Ana Leighton

Agent at Compass Florida, LLC

(305) 586-8899

Listed by Compass Florida, LLC · View on Broker Site

MLS# A11954365· 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 33143

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