
121 NE 5th St # 2411, Miami, FL 33132
Miami, FL 33132 · 501 First Residences
About 121 NE 5th St # 2411, Miami, FL 33132
BY FAR THE BEST DEAL IN DOWNTOWN MIAMI! PRICED WELL BELOW MARKET VALUE. PRICE IS FIRM. Investors, take notice! Modern 1 Bed + Den residence in the heart of Downtown Miami, offering exceptional views and one of the most desirable locations within the building. One of the few opportunities in the area with NO RENTAL RESTRICTIONS, providing maximum flexibility for short-term rentals, long-term income, or personal use. Delivered fully furnished in a brand-new building, this is a true turnkey opportunity. Enjoy top-of-the-line resort-style amenities and an outstanding location just steps from dining, entertainment, shopping and transit. The smart layout maximizes space and functionality, while the combination of location, views and rental flexibility makes this an exceptional investment opportunity. SELLER FINANCING AVAILABLE
How This Listing Compares in Miami
Per square foot, it is asking 145% 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. | $971 | $397 |
| 1-bedroom price | $579,900 | $340,000 |
| Days on market | 1 | 51 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 121 NE 5th St # 2411, Miami, FL 33132
- Bathrooms Full
- 2
- Interior Features
- Built-in Features, Closet Cabinetry, Custom Mirrors, Den/Library/Office
- Appliances
- Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Washer/Dryer Leased
- Flooring
- Tile
- Heating
- Central
- Cooling
- Central Air
- Architectural Style
- High Rise
- Garage Spaces
- 0
- Parking Features
- 1 Space, Valet
- Pool Private
- No
- Year Built Details
- New Construction
- Property Condition
- New Construction
The Building at 121 NE 5th St # 2411, Miami, FL 33132
- Building Name
- 501 First Residences
- Building Area Total
- 659
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 24
- Association
- Yes
- Association Fee
- $890
- Association Fee Frequency
- Monthly
- Association Amenities
- Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
- Pets Allowed
- Restrictions Or Possible Restrictions
- Security Features
- Doorman, Elevator Secure, Lobby Secured
Lot, Views & Construction at 121 NE 5th St # 2411, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Bay, Skyline
- Construction Materials
- CBS Construction
- Exterior Features
- Barbeque
- New Construction
- Yes
Taxes & Public Record for 121 NE 5th St # 2411, Miami, FL 33132
- Parcel Number
- 00-00-00-501-2411
- Tax Annual Amount
- 0
- Tax Year
- 2,026
- Tax Legal Description
- 501 First Residences Unit 2411
- County Or Parish
- Miami-Dade County
Map & Neighborhood
121 NE 5th St # 2411, Miami, FL 33132 · More homes in Miami
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121 NE 5th St # 2411, Miami, FL 33132 at a Glance
Offered for sale in Miami 33132, 121 NE 5th St # 2411 is a condo with 1 bedroom, 2 bathrooms and about 597 square feet of living space, dating to 2026. The asking price is $579,900, on the market since August 24, 2026, with Rutois International Realty LLC 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.