
121 NE 5th St # 3706, Miami, FL 33132
Miami, FL 33132 · 501 First Residences
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 home | Miami median (12 mo) | |
|---|---|---|
| Price per sq. ft. | $1,078 | $397 |
| 1-bedroom price | $605,000 | $340,000 |
| Days on market | 56 | 51 |
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
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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.