MIAMI LUXHomes

121 NE 5th St # 3304, Miami, FL 33132

$415,0000 Beds1 Baths359 Sq. Ft.$1,156 / sq. ft.

Miami, FL 33132 · 501 FIRST RESIDENCES

Status
Active
Type
Condominium
Year Built
2025
Days on Market
1
MLS #
A12105310
County
Miami-Dade County

About 121 NE 5th St # 3304, Miami, FL 33132

Discover elevated luxury living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami. Perched on the 33rd floor, this beautifully appointed and professionally decorated studio showcases breathtaking ocean and city skyline views from its private balcony. Featuring contemporary finishes, a fully equipped kitchen, an in-unit washer and dryer, and a thoughtfully designed living space. Enjoy resort-style amenities including a spectacular rooftop pool, fitness center, hot tub, cold plunge, rooftop cinema, and resident lounges. Currently operating as a successful Airbnb short-term rental generating strong income, with the flexibility of nightly rentals. An exceptional turnkey investment opportunity! Inquire for annual rental income details.

How This Listing Compares in Miami

Per square foot, it is asking 191% 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.$1,156$397
0-bedroom price$415,000$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 # 3304, Miami, FL 33132

Bathrooms Full
1
Bathrooms Half
0
Interior Features
First Floor Entry
Appliances
Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
Flooring
Ceramic Floor
Heating
Central
Cooling
Central Air
Furnished
Furnished
Architectural Style
High Rise
Garage Spaces
0
Parking Features
None
Pool Private
No
Year Built Details
New Construction
Property Condition
New Construction

The Building at 121 NE 5th St # 3304, Miami, FL 33132

Building Name
501 FIRST RESIDENCES
Building Area Total
359
Building Area Units
Square Feet
Stories Total
40
Entry Level
33
Association
Yes
Association Fee
$589
Association Fee Frequency
Monthly
Association Amenities
Business Center, Community Room, Elevator(s), Exercise Room, Exterior Lighting, Pool
Security Features
Elevator Secure, Card Entry, Lobby Secured, Stairs Secured

Lot, Views & Construction at 121 NE 5th St # 3304, Miami, FL 33132

Lot Size Square Feet
0
Waterfront
No
View
Skyline
Construction Materials
Concrete Block Construction
Exterior Features
Open Balcony
New Construction
Yes

Taxes & Public Record for 121 NE 5th St # 3304, Miami, FL 33132

Parcel Number
01-41-01-008-1660
Tax Annual Amount
0
Tax Year
2,000
Tax Legal Description
00000
County Or Parish
Miami-Dade County

Map & Neighborhood

121 NE 5th St # 3304, Miami, FL 33132 · More homes in Miami

Courtesy of Rich Homes of Florida

Comparable Listings in Miami

121 NE 5th St # 3304, Miami, FL 33132 at a Glance

Offered for sale in Miami 33132, 121 NE 5th St # 3304 is a condo with 0 bedrooms, 1 bathrooms and about 359 square feet of living space, dating to 2025. The asking price is $415,000, on the market since October 13, 2026, with Rich Homes of Florida 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.