Modern, turnkey studio in brand new construction at 501 First Residences in Downtown Miami. 475 SF designer fully furnished and finished. No rental restrictions. Revenue the day you close. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. Dedicated owners’ storage literally 5 steps from the unit’s front door. 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. This unit features an extra closet and larger tub/shower other studios in this building do not have.
Sold for $391,000
$391,000
121 NE 5th St Unit 912B, Miami, FL 33132
0beds
458sqft
Condominium
Built in 2025
-- sqft lot
$390,900 Zestimate®
$854/sqft
$2,815 Estimated rent
Home value
$390,900
$344,000 - $446,000
$2,815/mo
Zestimate® history
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Private balconyHot tubSummer kitchenFloor-to-ceiling glassPrivate rooftop theaterCold plungeEuropean cabinetry and appliances
Zillow last checked:
Listing updated:
Listed by:
Lazara Garcia 305-926-8885,
Lifestyle International Realty
Bought with:
Lina Uribe, 3356756
PFS Realty LLC
Source: MIAMI,MLS#: A12006409
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 1
- Full bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Microwave, Electric Range, Refrigerator, Washer
Features
- Flooring: Tile
- Windows: Clear Impact Glass, Impact Glass
- Furnished: Yes
- Common walls with other units/homes: Corner Unit
Interior area
- Total interior livable area: 458 sqft
Property
Parking
- Total spaces: 1
- Parking features: None, Garage Door Opener
- Garage spaces: 1
Features
- Entry location: First Floor Entry
- Exterior features: Courtyard, Balcony
- Pool features: Association
- Has view: Yes
- View description: Garden
Details
- Parcel number: 0141010084220
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- CBS Construction
Condition
- New Construction
- New construction: Yes
- Year built: 2025
Utilities & green energy
Green energy
- Energy efficient items: HVAC
Community & HOA
Community
- Security: Doorman, Elevator Secure, Security Guard, Lobby Secured, Security Service, TV Camera
- Application fee: $100
- Pet fee: $0
- Senior community: Yes
- Subdivision: 501 First Residences
HOA
- Has HOA: Yes
- Amenities included: Business Center, Clubhouse-Clubroom, Pool, Sauna, Trash
- HOA fee: $650 monthly
Location
- Region: Miami
Financial & listing details
- Price per square foot: $854/sqft
- Date on market: 4/23/2026
- Listing terms: All Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 7/9/2026 | Sold | $391,000-5.7%$854/sqft |
Source:  MIAMI #A12006409 Report a problem | ||
| 6/15/2026 | Pending sale | $414,500$905/sqft |
Source: MIAMI #A12006409 Report a problem | ||
| 5/18/2026 | Price change | $414,500-7.6%$905/sqft |
Source: MIAMI #A12006409 Report a problem | ||
| 4/23/2026 | Listed for sale | $448,500$979/sqft |
Source: MIAMI #A12006409 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
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Nearby schools
GreatSchools rating
- 5/10Frederick R. Douglass Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Jose De Diego Middle SchoolGrades: 6-8Distance: 2 mi
- 4/10Booker T. Washington Senior High SchoolGrades: 9-12Distance: 0.9 mi
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Estimated market value
$390,900
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Estimated market value
$390,900
- Florida
- Miami-Dade County
- Miami
- 33132
- Downtown
- 121 NE 5th St Unit 912B
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