New construction

Price cut: $74.1K (9/4)

$884,900

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

2beds

757sqft

$7,407/mo

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Condominium

Built in 2025

-- sqft lot

$853,200 Zestimate^®

$1,169/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.

105 days
56
2

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

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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: $1,169/sqft
Date on market: 5/25/2026
Listing terms: All Cash,Conventional
Ownership: Limited Partnership

Estimated market value

$853,200

$811,000 - $896,000

$4,865/mo

Price history

Date	Event	Price
9/4/2026	Price change	$884,900-7.7%$1,169/sqft
Source: MIAMI #A12024881 Report a problem
8/8/2026	Price change	$959,000-1.9%$1,267/sqft
Source: MIAMI #A12024881 Report a problem
8/8/2026	Price change	$5,399$7/sqft
Source: MIAMI #A12024696 Report a problem
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