New construction

Price cut: $10.1K (6/16)

$594,900

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

1beds

591sqft

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Condominium

Built in 2025

-- sqft lot

$575,700 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.

88 days

33

2

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

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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

$575,700

$547,000 - $604,000

$3,652/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

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.

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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