New construction

Price increase: $29K (6/3)

$978,000

121 NE 5th St Unit 1712, Miami, FL 33132

2beds

757sqft

$7,982/mo

Get pre-qualified

Condominium

Built in 2025

-- sqft lot

$945,500 Zestimate^®

$1,292/sqft

$1,300/mo HOA

What's special

Floor-to-ceiling glassMedia roomRooftop poolSleek italian cabinetryHydrotherapy spaPremium appliances

Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef’s kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.

60 days

22

3

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 2
Bathrooms: 2
Full bathrooms: 2

Rooms

Room types: Family Room

Heating

Central

Cooling

Central Air

Appliances

Included: Trash Compactor, Dishwasher, Disposal

Features

Lobby, Closet Cabinetry, Other, Storage
Flooring: Concrete, Other, Tile
Doors: High Impact Doors
Windows: Clear Impact Glass
Common walls with other units/homes: Corner Unit

Interior area

Total structure area: 757
Total interior livable area: 757 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Accessibility

Accessibility features: Accessible Elevator Installed, Accessible Entrance

Features

Exterior features: Balcony
Pool features: Association
Has view: Yes
View description: Bay, Other, Skyline
Has water view: Yes
Water view: Bay
Waterfront features: Waterfront

Details

Parcel number: 0141010084310

Construction

Type & style

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

Materials

Concrete Block Construction, CBS Construction, Other

Condition

New Construction
New construction: Yes
Year built: 2025

Community & HOA

Community

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

HOA

Has HOA: Yes
Amenities included: Community Room, Elevator(s), Fitness Center, Other, Pool, Sauna
HOA fee: $1,300 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,292/sqft
Date on market: 5/25/2026
Listing terms: All Cash,Conventional
Ownership: Limited Partnership

Estimated market value

$945,500

$898,000 - $993,000

$4,525/mo

Price history

Date	Event	Price
6/3/2026	Price change	$978,000+3.1%$1,292/sqft
Source: MIAMI #A12024881 Report a problem
5/25/2026	Listed for sale	$949,000$1,254/sqft
Source: MIAMI #A12024881 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.

Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included

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