New construction

Price cut: $10.1K (6/16)

$594,900

121 NE 5th Steet #3313, Miami, FL 33132

1beds

591sqft

$4,975/mo

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Condominium

Built in 2025

-- sqft lot

$574,600 Zestimate^®

$1,007/sqft

$870/mo HOA

What's special

Private balconyRefined finishesFloor-to-ceiling glassRooftop poolItalian cabinetry

Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.

134 days
41
0

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 1
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1

Heating

Electric

Cooling

Central Air

Appliances

Included: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer

Features

Lobby, Built-in Features, Closet Cabinetry
Flooring: Tile
Doors: High Impact Doors
Furnished: Yes

Interior area

Total structure area: 0
Total interior livable area: 591 sqft

Video & virtual tour

View virtual tour

Property

Parking

Parking features: 1 Space, Other, Valet

Features

Exterior features: Balcony
Pool features: Association
Spa features: Community
Has view: Yes
View description: Bay, Skyline, Water
Has water view: Yes
Water view: Bay,Water
Waterfront features: Bay
Frontage type: Bay/Harbor

Details

Parcel number: 0141010084720

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

Community & HOA

Community

Security: Fire Sprinkler System, Smoke Detector, Doorman, Lobby Secured
Application fee: $150
Pet fee: $150
Subdivision: 501 First Residences

HOA

Has HOA: Yes
Amenities included: Business Center, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Fitness Center, Pool, Other, Sauna, Spa/Hot Tub
HOA fee: $870 monthly

Location

Region: Miami

Financial & listing details

Price per square foot: $1,007/sqft
Date on market: 4/24/2026
Listing terms: All Cash,Conventional

Estimated market value

$574,600

$546,000 - $603,000

$3,804/mo

Price history

Date	Event	Price
6/16/2026	Price change	$594,900-1.7%$1,007/sqft
Source: MIAMI #A12004132 Report a problem
4/24/2026	Listed for sale	$605,000$1,024/sqft
Source: MIAMI #A12004132 Report a problem