$799,900
1 bd · 1 ba · 600 sqft
1611 SW 2nd Avenue # 803, Miami, FL 33129
Domus Flats
121 NE 5th ST # 1701, Miami, FL 33132
$929,0002 Beds2 Baths760 Sq. Ft.$1,222 / sq. ft.
Miami, FL 33132 · 501 First Residences
Status
Active
Type
Condominium
Year Built
2026
Days on Market
182
MLS #
A12000476
County
Miami-Dade County
About 121 NE 5th ST # 1701, Miami, FL 33132
Rare 2 Bed / 2 Bath corner residence at 501 First Residences, one of only two southeast-facing corner units in the building, offering some of the most desirable views of Biscayne Bay and the Downtown skyline. Located on the 21st floor, this unit features floor-to-ceiling impact windows, an open layout, Italian kitchen cabinetry, premium appliances, in-unit washer/dryer, and a spacious balcony. No rental restrictions—Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ SF of amenities including rooftop pool, fitness center, spa, co-working spaces, and valet. Prime Downtown location near Brickell, Miami Worldcenter, and Brightline, ideal as a primary residence, second home, or income-producing investment.
How This Listing Compares in Miami
Per square foot, it is asking 208% above the Miami median for sales closed over the last twelve months — typical of premium views, newer construction or a top-tier building.
| This home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $1,222 | $397 |
| 2-bedroom price | $929,000 | $415,000 |
| Days on market | 182 | 51 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 121 NE 5th ST # 1701, Miami, FL 33132
- Bathrooms Full
- 2
- Interior Features
- Walk-In Closet(s)
- Appliances
- Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Heating
- Central
- Cooling
- Central Air
- Architectural Style
- Corner Unit, High Rise
- Garage Spaces
- 1
- Parking Features
- 1 Space
- Pool Private
- No
- Year Built Details
- Resale
- Property Condition
- New Construction
The Building at 121 NE 5th ST # 1701, Miami, FL 33132
- Building Name
- 501 First Residences
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 17
- Association
- Yes
- Association Fee
- $1,244
- Association Fee Frequency
- Monthly
- Association Amenities
- Exercise Room, Pool
- Pets Allowed
- Restrictions Or Possible Restrictions
- Security Features
- Card Entry
Lot, Views & Construction at 121 NE 5th ST # 1701, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Water View
- Exterior Features
- Open Balcony
- New Construction
- No
Taxes & Public Record for 121 NE 5th ST # 1701, Miami, FL 33132
- Parcel Number
- 01-41-01-008-0480
- Tax Annual Amount
- 0
- Tax Year
- 2,025
- Tax Legal Description
- 501 FIRST RESIDENCES CONDO UNIT 1701 OFF REC 350674463
- County Or Parish
- Miami-Dade County
Map & Neighborhood
121 NE 5th ST # 1701, Miami, FL 33132 · More homes in Miami
Courtesy of One Sotheby's International Realty
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Dua Miami
121 NE 5th ST # 1701, Miami, FL 33132 at a Glance
Offered for sale in Miami 33132, 121 NE 5th ST # 1701 is a condo with 2 bedrooms, 2 bathrooms and about 760 square feet of living space, dating to 2026. The asking price is $929,000, on the market since April 14, 2026, with One Sotheby's International Realty as the listing brokerage. Public schools are run by the Miami-Dade County school district. Ask Matthew Gromadzki for a private showing, the full disclosure package, or comparable sales before you make an offer.