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New construction
    • Price cut: $40K (6/13)
    $599,000

    121 NE 5th St #711, Miami, FL 33132

    1beds
    544sqft
    : 
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    Condominium
    Built in 2025
    -- sqft lot
    $580,200 Zestimate®
    $1,101/sqft
    $892/mo HOA

    What's special

    Private balconyRooftop poolItalian cabinetryPremium appliancesFloor-to-ceiling impact glassBrand-new never occupiedDesigner furnishings included
    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.
    42 days
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    49
    |
    7
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    Zillow last checked:

    Listing updated:

    Listed by:

    Claudia Castano Barroso 786-380-2617,

    Realty One Group Estates

    Source: MIAMI,MLS#: A12029991MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      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, Impact Glass, Other Windows
      Interior area
      • Total structure area: 544
      • Total interior livable area: 544 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: None, Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers
      Accessibility
      • Accessibility features: Accessible Elevator Installed
      Features
      • 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: $1,101/sqft
      • Date on market: 6/2/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $580,200

        $551,000 - $609,000

        $3,517/mo

        Price history

        DateEventPrice
        6/13/2026Price change$599,000-6.3%$1,101/sqft
        Source: MIAMI #A12029991 Report a problem
        6/11/2026Price change$639,000-4.5%$1,175/sqft
        Source: MIAMI #A12029991 Report a problem
        6/3/2026Listed for sale$669,000$1,230/sqft
        Source: MIAMI #A12029991 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.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        96 / 100
        Walker's Paradise
        100 / 100
        Rider's Paradise
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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