SELLER MOTIVATED! PRICE REDUCED $69,000 FOR IMMEDIATE SALE. Rare opportunity to own one of Downtown Miami’s most investor-friendly residences. Brand-new, never occupied, and fully furnished with premium designer upgrades throughout. Truly turnkey—just bring your suitcase. Every detail has been thoughtfully curated to deliver a luxury experience for owners and guests alike. One of the few residences in the area with NO RENTAL RESTRICTIONS, allowing short-term rentals, long-term rentals, seasonal use, or owner occupancy with maximum flexibility. Ideal for investors seeking strong income potential in Miami’s rapidly growing Worldcenter district. Features 1 Bedroom + Den, 2 Full Bathrooms, floor-to-ceiling impact glass, private balcony, Italian cabinetry, premium appliances, and designer furnishings included in the sale. The versatile den easily functions as a guest room or home office. Enjoy over 20,000 SF of luxury amenities including rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef’s kitchen, and more. Seller may contribute up to $10,000 toward Buyer’s closing costs, subject to offer terms and lender approval. EASY TO SHOW. Bring all offers.
New construction
Price cut: $5K (7/23)
$594,000
121 NE 5th St #711, Miami, FL 33132
1beds
544sqft
Condominium
Built in 2025
-- sqft lot
$576,000 Zestimate®
$1,092/sqft
$892/mo HOA
What's special
Private balconyRooftop poolItalian cabinetryPremium appliancesFloor-to-ceiling impact glassBrand-new never occupiedDesigner furnishings included
- 87 days
- 63
- 3
Zillow last checked:
Listing updated:
Listed by:
Claudia Castano Barroso 786-380-2617,
Realty One Group Estates
Source: MIAMI,MLS#: A12029991
Originating MLS: A-Miami Association of REALTORS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 1
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Den/Library/Office
Heating
- Electric, Other
Cooling
- Other
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self Cleaning Oven, Washer
Features
- Lobby, Closet Cabinetry, Custom Mirrors, Other, Pantry, Elevator
- Flooring: Other, Tile
- Windows: Clear Impact Glass, High Impact Windows, Impact Glass, Other Windows
Interior area
- Total structure area: 544
- Total interior livable area: 544 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: 2 Or More Spaces, None, Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers
- Garage spaces: 2
Accessibility
- Accessibility features: Accessible Elevator Installed
Features
- Patio & porch: Deck
- Exterior features: Other, Barbecue, Balcony
- Has private pool: Yes
- Pool features: Association, Private Pool
- Has view: Yes
- View description: Other, Skyline
Details
- Parcel number: 0141010083790
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction, Other
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Community & HOA
Community
- Security: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured
- Application fee: $150
- Subdivision: 501 First Residences
HOA
- Has HOA: Yes
- Amenities included: Barbecue, Bike Storage, Business Center, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Storage, Pool
- HOA fee: $892 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $1,092/sqft
- Date on market: 6/2/2026
- Listing terms: All Cash,Conventional
- Ownership: Corporation
Estimated market value
$576,000
$547,000 - $605,000
$3,735/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $594,000-0.8%$1,092/sqft |
Source: | ||
| 6/13/2026 | Price change | $599,000-6.3%$1,101/sqft |
Source: | ||
| 6/11/2026 | Price change | $639,000-4.5%$1,175/sqft |
Source: | ||
| 6/3/2026 | Listed for sale | $669,000$1,230/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- Elementary: Wheatley; Phyllis
- High: School for Adv Studies Wolfson
Source: MIAMI. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







