MIAMI LUXHomes

121 NE 5th St # 3706, Miami, FL 33132

$605,0001 Beds2 Baths561 Sq. Ft.$1,078 / sq. ft.

Miami, FL 33132 · 501 First Residences

Status
Active
Type
Condominium
Year Built
2025
Days on Market
56
MLS #
A12050437
County
Miami-Dade County

About 121 NE 5th St # 3706, Miami, FL 33132

BRAND NEW CONSTRUCTION! DEVELOPER UNIT! 1 Bedroom / 1.5 Bathrooms | 561 SF | South-Facing Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, this residence offers outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district. The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more. Easy to show.

How This Listing Compares in Miami

Per square foot, it is asking 172% 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.$1,078$397
1-bedroom price$605,000$340,000
Days on market5651

Medians from closed MLS sales in Miami; a starting point, not an appraisal.

Home Features at 121 NE 5th St # 3706, Miami, FL 33132

Bathrooms Full
1
Bathrooms Half
1
Interior Features
Elevator, Other
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 # 3706, Miami, FL 33132

Building Name
501 First Residences
Building Area Total
623
Building Area Units
Square Feet
Stories Total
40
Entry Level
37
Association
Yes
Association Fee
$827
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 # 3706, 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 # 3706, Miami, FL 33132

Parcel Number
01-41-01-008-2380
Tax Annual Amount
0
Tax Year
2,025
Tax Legal Description
501 First Residences # 3706
County Or Parish
Miami-Dade County

Map & Neighborhood

121 NE 5th St # 3706, Miami, FL 33132 · More homes in Miami

Courtesy of One World Properties

Comparable Listings in Miami

121 NE 5th St # 3706, Miami, FL 33132 at a Glance

Offered for sale in Miami 33132, 121 NE 5th St # 3706 is a condo with 1 bedroom, 2 bathrooms and about 561 square feet of living space, dating to 2025. The asking price is $605,000, on the market since July 8, 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.