MIAMI LUXHomes

121 NE 5th St # 2411, Miami, FL 33132

$579,9001 Beds2 Baths597 Sq. Ft.$971 / sq. ft.

Miami, FL 33132 · 501 First Residences

Status
Active
Type
Condominium
Year Built
2026
Days on Market
1
MLS #
A12074753
County
Miami-Dade County

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 homeMiami median (12 mo)
Price per sq. ft.$971$397
1-bedroom price$579,900$340,000
Days on market151

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

Courtesy of Rutois International Realty LLC

Comparable Listings in Miami

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.