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New construction
    • Price cut: $35.9K (6/10)
    $595,000

    121 NE 5th St Unit 2211, Miami, FL 33132

    1beds
    659sqft
    : 
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    Condominium
    Built in 2026
    -- sqft lot
    $579,200 Zestimate®
    $903/sqft
    $893/mo HOA

    What's special

    Open layoutFloor-to-ceiling impact windows
    Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.
    106 days
    |
    20
    |
    1
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Carolina Preciado info@ppgmiami.com,

    Potential Property Group

    Source: MIAMI,MLS#: A11985345MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 1
      • Bathrooms: 2
      • Full bathrooms: 2
      Rooms
      • Room types: Den/Library/Office, Family Room, Florida Room, Media Room, Recreation Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
      Features
      • Elevator, Entrance Foyer
      • Flooring: Ceramic Tile
      • Doors: High Impact Doors
      Interior area
      • Total interior livable area: 659 sqft
      Video & virtual tour

      Property

      Parking
      • Parking features: Valet
      Features
      • Entry location: Foyer
      • Exterior features: Barbecue, Balcony
      • Has private pool: Yes
      • Pool features: Association, Private Pool
      • Spa features: Community
      • Has view: Yes
      • View description: Other, Skyline
      Details
      • Parcel number: 0101060201150

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      Materials
      • Block
      Condition
      • New Construction
      • New construction: Yes
      • Year built: 2026

      Utilities & green energy

      Green energy
      • Energy efficient items: Appliances

      Community & HOA

      Community
      • Security: Doorman, Elevator Secure, Security Guard
      • Application fee: $150
      • Pet fee: $100
      • Subdivision: 501 First Residences
      HOA
      • Has HOA: Yes
      • Amenities included: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Fitness Center, Pool, Library, Sauna, Spa/Hot Tub
      • HOA fee: $893 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $903/sqft
      • Date on market: 4/6/2026
      • Listing terms: All Cash,Conventional

        Estimated market value

        $579,200

        $550,000 - $608,000

        $3,794/mo

        Price history

        DateEventPrice
        6/15/2026Listed for rent$3,700$6/sqft
        Source: MIAMI #A12034863 Report a problem
        6/10/2026Price change$595,000-5.7%$903/sqft
        Source: MIAMI #A11985345 Report a problem
        4/6/2026Listed for sale$630,888$957/sqft
        Source: MIAMI #A11985345 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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