New construction

Price cut: $55.1K (5/18)

$599,900

121 NE 5th #2611, Miami, FL 33132

1beds

--sqft

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Condominium

Built in 2026

-- sqft lot

$580,000 Zestimate^®

$--/sqft

$895/mo HOA

What's special

Beautiful 1 Bed 1 Den/ 2 Full Baths in the brand new 501 First Residences in Downtown Miami. Spectacular views! Fully furnished and move-in ready, just bring your toothbrush! No rental restrictions-Airbnb allowed. Amazing amenities!!! Don’t miss the opportunity to live in the heart of Miami, where everyone wants to be. Amazing restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short-term rental, it’s the perfect combination. It’s not a condo-hotel. Don’t miss it!!!

99 days

257

9

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Den/Library/Office

Heating

Central

Cooling

Central Air

Appliances

Included: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer

Features

Built-in Features, Closet Cabinetry, Custom Mirrors
Flooring: Ceramic Tile
Doors: High Impact Doors

Video & virtual tour

View virtual tour

Property

Parking

Parking features: 1 Space, Valet

Features

Patio & porch: Deck
Exterior features: Barbecue
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Skyline
Has water view: Yes
Water view: Bay

Details

Parcel number: 0000005011911

Construction

Type & style

Home type: Condo
Property subtype: Condominium
Attached to another structure: Yes

Materials

CBS Construction

Condition

New Construction
New construction: Yes
Year built: 2026

Community & HOA

Community

Security: Doorman, Elevator Secure, Lobby Secured
Application fee: $150
Pet fee: $0
Subdivision: 501 First Residences

HOA

Has HOA: Yes
Amenities included: Barbecue, Billiard Room, Business Center, Playground, Clubhouse-Clubroom, Elevator(s), Fitness Center, Pool, Sauna, Spa/Hot Tub, Trash
HOA fee: $895 monthly

Location

Region: Miami

Financial & listing details

Date on market: 3/27/2026
Listing terms: All Cash,Conventional

Estimated market value

$580,000

$551,000 - $609,000

$3,501/mo

Price history

Date	Event	Price
5/18/2026	Price change	$599,900-8.4%
Source: MIAMI #A11990531 Report a problem
4/21/2026	Price change	$655,000-0.8%
Source: MIAMI #A11990531 Report a problem
4/13/2026	Listed for sale	$660,000
Source: MIAMI #A11990531 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

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All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.

HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.

Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.

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