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New construction
    • Price increase: $20K (6/26)
    $395,000

    121 NE 5th St #801B, Miami, FL 33132

    0beds
    --sqft
    : 
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    Condominium
    Built in 2025
    -- sqft lot
    $387,600 Zestimate®
    $--/sqft
    $563/mo HOA

    What's special

    Private balconyFloor-to-ceiling windowsEfficient open floor plan
    501 First Residences brand new modern luxury studio, which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and a sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, a fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.
    120 days
    |
    67
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Michael Mann 786-478-8180,

    Douglas Elliman

    Source: MIAMI,MLS#: A11981555MLS LogoOriginating MLS: A-Miami Association of REALTORS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 0
      • Bathrooms: 1
      • Full bathrooms: 1
      Heating
      • Other
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Electric Water Heater
      Features
      • Closet Cabinetry
      • Flooring: Tile
      Video & virtual tour

      Property

      Parking
      • Parking features: Valet
      Features
      • Exterior features: Balcony
      • Pool features: Association
      • Has view: Yes
      • View description: None
      Details
      • Parcel number: 0141010080370

      Construction

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

      Community & HOA

      Community
      • Security: Doorman
      • Application fee: $100
      • Pet fee: $0
      • Subdivision: 501 First Residences
      HOA
      • Has HOA: Yes
      • Amenities included: Fitness Center, Pool
      • HOA fee: $563 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Date on market: 3/19/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $387,600

        $368,000 - $407,000

        $4,014/mo

        Price history

        DateEventPrice
        6/26/2026Price change$395,000+5.3%
        Source: MIAMI #A11981555 Report a problem
        5/22/2026Listed for sale$375,000
        Source: MIAMI #A11981555 Report a problem
        5/22/2026Pending sale$375,000
        Source: MIAMI #A11981555 Report a problem
        4/14/2026Price change$375,000-8.5%
        Source: MIAMI #A11981555 Report a problem
        3/19/2026Listed for sale$410,000
        Source: MIAMI #A11981555 Report a problem
        3/18/2026Listed for rent$2,500
        Source: MIAMI #A11978306 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

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