
121 NE 5th St # 3703, Miami, FL 33132
Miami, FL 33132 · 501 First Residences
About 121 NE 5th St # 3703, Miami, FL 33132
BRAND NEW CONSTRUCTION! DEVELOPER UNIT! 1 Bed + DEN / 2 Baths | 597 SF | Facing South Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes and designer furnishings, this turnkey home offers both luxury and outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals, long-term rentals, seasonal use, or full-time owner occupancy with complete flexibility. Ideally located in Miami Worldcenter, this residence is perfect for investors and end users alike. Features include floor-to-ceiling impact glass, a private balcony, Italian cabinetry, premium appliances, and designer furniture included in the sale. Residents enjoy access to more than 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and much more. Easy to show.
How This Listing Compares in Miami
Per square foot, it is asking 178% 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. | $1,104 | $397 |
| 1-bedroom price | $659,000 | $340,000 |
| Days on market | 57 | 51 |
Medians from closed MLS sales in Miami; a starting point, not an appraisal.
Home Features at 121 NE 5th St # 3703, Miami, FL 33132
- Bathrooms Full
- 2
- Bathrooms Half
- 0
- Interior Features
- Elevator, Other, Den/Library/Office
- Appliances
- Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Other Equipment/Appliances, Refrigerator, Washer
- Flooring
- Other
- Heating
- Other
- Cooling
- Central Air
- Architectural Style
- High Rise
- Garage Spaces
- 0
- Parking Features
- Other, Valet
- Pool Private
- No
- Year Built Details
- New Construction
- Property Condition
- New Construction
The Building at 121 NE 5th St # 3703, Miami, FL 33132
- Building Name
- 501 First Residences
- Building Area Total
- 659
- Building Area Units
- Square Feet
- Stories Total
- 40
- Entry Level
- 37
- Association
- Yes
- Association Fee
- $892
- Association Fee Frequency
- Monthly
- Association Amenities
- Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Pool
- Security Features
- Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, Other, Security Patrol, TV Camera
Lot, Views & Construction at 121 NE 5th St # 3703, Miami, FL 33132
- Lot Size Square Feet
- 0
- Waterfront
- No
- View
- Other View
- Construction Materials
- Other
- Exterior Features
- Other, Barbeque, Courtyard
- New Construction
- Yes
Taxes & Public Record for 121 NE 5th St # 3703, Miami, FL 33132
- Parcel Number
- 01-41-01-008-1360
- Tax Annual Amount
- 0
- Tax Year
- 2,025
- Tax Legal Description
- 501 First Residences # 3703
- County Or Parish
- Miami-Dade County
Map & Neighborhood
121 NE 5th St # 3703, Miami, FL 33132 · More homes in Miami
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121 NE 5th St # 3703, Miami, FL 33132 at a Glance
Offered for sale in Miami 33132, 121 NE 5th St # 3703 is a condo with 1 bedroom, 2 bathrooms and about 597 square feet of living space, dating to 2025. The asking price is $659,000, on the market since July 7, 2026, with One World Properties 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.