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About This Home
This 1-bedroom, 2-bathroom condo at 121 NE 5th Street in Miami, FL is listed for $595,000 ($1,007 per sqft). Built in 2025, the home offers 591 sqft of living space on a N/A lot.
Experience luxury urban living at 501 First Residences, a brand-new 40-story condominium in Downtown Miami with no rental restrictions and exceptional income potential in the vibrant heart of Downtown Miami. This fully furnished 591 SqFt 1 Bed / 1 ½ Bath east-facing residence features expansive skyline and bay views, overlooking Downtown Miami landmarks including the Freedom Tower, PortMiami, and Biscayne Bay.
Modern design, floor-to-ceiling windows, private balcony,custom Italian cabinetry and in-unit washer/dryer. Located just steps from Miami Worldcenter, dining, entertainment, transit, and cultural destinations, 501 Residences redefines downtown lifestyle with over 20,000 sq.
ft. of resort-style amenities including 24/7 valet, rooftop pool, fitness center, co-working spaces, pet lounge, private club suite, media room, and more. A turn-key opportunity in Miami’s most dynamic urban core. Ideal for full-time living or income-generating investment
Key Features
- Built in 2025
- 40 stories
Property Details
Amenities
Monthly Cost Estimate
$3,182/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
121 NE 5th Street
Miami, FL 33132
501 First Residences
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 1-bedroom, 2-bathroom condo at 121 NE 5th Street is listed at $595,000 ($1,007/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: Door Man, Elevator Secured, Fire Sprinkler System. Exterior Features: Balcony, Security/High Impact Doors.
This property is listed by Carolina Lara-Arashiro and can be reached at 9545222831 or clara@onesothebysrealty.com.
