New construction

$649,000

121 NE 5th St Unit 2002, Miami, FL 33132

1beds

544sqft

:

$5,234/mo

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Condominium

Built in 2026

-- sqft lot

$-- Zestimate^®

$1,193/sqft

$800/mo HOA

What's special

Private balconyHot tubSummer kitchenFloor-to-ceiling glassPrivate rooftop theaterCold plungeEuropean cabinetry and appliances

Beauty Unit in brand new construction at 501 First Residences in Downtown Miami. 544 SF fully furnished and finished. No rental restrictions. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. . Luxury amenities include a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges in the building. 24-hour valet. Contactless package lockers. Prime location with Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science all less than a 5–10-minute walk away. Ultimate short-term rental potential in one of Miami’s fastest-growing urban areas.

9 hours
19
1

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 2

Heating

Central

Cooling

Central Air

Appliances

Included: Disposal, Dryer, Washer

Features

Elevator
Flooring: Ceramic Tile

Interior area

Total structure area: 544
Total interior livable area: 544 sqft

Video & virtual tour

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Property

Parking

Total spaces: 1
Parking features: 1 Space, Valet
Garage spaces: 1

Features

Entry location: First Floor Entry
Patio & porch: Deck
Exterior features: Barbecue, Courtyard, Balcony
Has view: Yes
View description: Bay, Skyline
Has water view: Yes
Water view: Bay
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0141010080850

Construction

Type & style

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

Materials

Concrete Block Construction

Condition

New Construction
New construction: Yes
Year built: 2026

Community & HOA

Community

Security: Doorman, Elevator Secure, TV Camera
Application fee: $100
Subdivision: 501 1st Ave

HOA

Has HOA: Yes
Amenities included: Bar, Business Center, Cabana, Clubhouse-Clubroom
HOA fee: $800 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,193/sqft
Annual tax amount: $2,974
Date on market: 8/28/2026
Listing terms: All Cash,Conventional

Estimated market value

Not available

Estimated sales range

Not available

Not available

Price history

Date	Event	Price
8/28/2026	Listed for sale	$649,000$1,193/sqft
Source: MIAMI #A12079665 Report a problem

Public tax history

Tax history is unavailable.

Monthly payment

Est. payment

Payment breakdown

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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.

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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

5/10
Frederick R. Douglass Elementary School
Grades: PK-5Distance: 0.7 mi
3/10
Jose De Diego Middle School
Grades: 6-8Distance: 2 mi
4/10
Booker T. Washington Senior High School
Grades: 9-12Distance: 0.9 mi

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Florida
Miami-Dade County
Miami
33132
Downtown
121 NE 5th St Unit 2002

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