Skip main navigation
New construction
    • Price cut: $20K (7/3)
    $575,000

    121 NE 5th St #1608, Miami, FL 33143

    1beds
    606sqft
    : 
    Loading
    Get pre-qualified
    Condominium
    Built in 2025
    -- sqft lot
    $-- Zestimate®
    $949/sqft
    $877/mo HOA

    What's special

    Newly delivered 1BR/1BA corner residence at 501 Residences, offered fully furnished and turnkey, including linens, towels, dishes, and household essentials, making it ideal for immediate rental or move-in. This light-filled unit features northeast exposure with balcony views toward Biscayne Bay. Located just one block from Miami Worldcenter, 501 Residences offers a distinct advantage in Downtown Miami with no hotel component, providing a more residential, less transient environment than nearby condo-hotel buildings. Residents enjoy a full suite of amenities, including a 75’ rooftop pool with spa and cold plunge, private dining room with kitchen, TV lounge, co-working lounge, Sunrise and Sunset terraces, The Green House, Sunset Theatre, summer kitchen, bicycle storage, and additional storage. Enjoy modern design, quality finishes, and a prime location surrounded by dining, entertainment, transit, and cultural destinations. Perfect as a primary residence, pied-à-terre, or investment opportunity in one of Downtown Miami’s most desirable areas.
    159 days
    |
    30
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Ana Leighton 305-586-8899,

    Compass Florida, LLC

    Source: MIAMI,MLS#: A11954365MLS LogoOriginating MLS: A-Miami Association of REALTORS

    Loading...

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dryer, Electric Water Heater, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
      Features
      • Lobby, Closet Cabinetry, Elevator
      • Doors: High Impact Doors
      • Windows: Complete Impact Glass, Blinds
      • Furnished: Yes
      • Common walls with other units/homes: Corner Unit
      Interior area
      • Total interior livable area: 606 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Other
      Features
      • Exterior features: Balcony
      • Has view: Yes
      • View description: Bay, Skyline
      • Has water view: Yes
      • Water view: Bay
      Lot
      • Features: East Of Us1
      Details
      • Parcel number: 0141010082850

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2025

      Community & HOA

      Community
      • Security: Fire Sprinkler System, Smoke Detector, Lobby Secured
      • Application fee: $100
      • Pet fee: $0
      • Subdivision: 501 First Residences
      HOA
      • Has HOA: Yes
      • Amenities included: Business Center, Clubhouse-Clubroom, Fitness Center, Storage, Trash
      • HOA fee: $877 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $949/sqft
      • Date on market: 2/3/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        7/3/2026Price change$575,000-3.4%$949/sqft
        Source: MIAMI #A11954365 Report a problem
        2/19/2026Price change$595,000-8.3%$982/sqft
        Source: MIAMI #A11954365 Report a problem
        2/4/2026Listed for sale$649,000$1,071/sqft
        Source: MIAMI #A11954365 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        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.
        See how much you could borrow to make a competitive offer.
        Get pre-qualified

        Climate risks

        Neighborhood: Downtown

        Getting around

        96 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        79 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

        A local agent can set up tours, give advice and negotiate with sellers.

        A local lender can help you make sure your offer is ready when you are.

        Browse local experts

        Similar homes

              Nearby cities

              Nearby neighborhoods

              Nearby zip codes

              Other Miami Topics

                Search
                Updates
                Favorites
                Home Loans
                Inbox