
121 NE 5th St # 3304, Miami, FL 33132
Miami, FL 33132 · 501 FIRST RESIDENCES
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 home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $1,156 | $397 |
| 0-bedroom price | $415,000 | $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 # 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
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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.