# 121 NE 5th Street, Miami, FL 33132

> **TL;DR:** 1bd/2ba condo, $595,000 ($1007/sqft), built 2025, 591 sqft.
> View. Est. $2,578/mo.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $595,000 |
| Price/sqft | $1007 |
| Bedrooms | 1 |
| Bathrooms | 1 full, 1 half |
| Square Feet | 591 |
| Year Built | 2025 |
| Stories | 40 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 0 |

## Why This Home Stands Out

- **Views** - City, Water

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,578 |
| **Total** | **$2,578** |

## Key Amenities

- View

## Property Highlights

- Built in 2025
- 40 stories

## Description

### Agent Description
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

## Location

- **Address:** 121 NE 5th Street, Miami, FL 33132
- **County:** Miami-Dade
- **Neighborhood:** 501 First Residences

## Listing Agent

- **Name:** Carolina Lara-Arashiro
- **Brokerage:** One Sotheby's International Realty
- **Phone:** 9545222831
- **Email:** clara@onesothebysrealty.com

## Primary Photo

![121 NE 5th Street - Primary Photo](http://lh.rdcpix.com/53fc906de74120172f4d0fddc54d7c17l-f2291613990r.jpg)

*31 total photos available on [listing page](https://www.propertysimple.com/listing/121-ne-5th-street-miami-fl-33132-11955147)*

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**MLS#:** A11955147 | **Updated:** 2026-06-19
**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-street-miami-fl-33132-11955147)

---

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