Sell Your Home
Get a free home valuation
Contact
Tell us about your needs

121 NE 5th St # 1909, Miami FL 33132

Condo/Co-op For Sale
$355,000

BTC: 4.27710843

ETH: 145.97039474

1 days
1 ba
359 sqft

Overview

Experience sophisticated urban living at 501 First Residences, a newly built luxury tower in the heart of Downtown Miami. This beautifully appointed and professionally decorated studio offers striking Manhattan-style skyline views from its private balcony, creating a true metropolitan atmosphere. Featuring contemporary finishes, a fully equipped kitchen, an in-unit washer and dryer, and a thoughtfully designed living space. Enjoy resort-style amenities including a spectacular rooftop pool, fitness center, hot tub, cold plunge, rooftop cinema, and resident lounges. Currently operating as a successful Airbnb short-term rental generating strong income, with the flexibility of nightly rentals. An exceptional turnkey investment opportunity! Inquire for annual rental income details.

Location

Details

Type:
Residential
Parking:
None
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$989
Cooling:
Central Air
HOA:
$589

Valuation

Our model vs. what's actually selling nearby.
Estimate
$450,000
$377K – $669K
Confidence Low
List vs. estimate
$95K below estimate
List $355,000 · -21.1%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$988
+73.7% vs. city median $569
Based on
57 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $12.6M
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$589/mo
View
Skyline
Furnished
Furnished
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Refrigerator

    • Wall Oven

    • Washer

    Other interior features

    • First Floor Entry

    • Closet Cabinetry

    • Fire Sprinklers

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • None

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-01-008-3220

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $589

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12105289

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • Living Area: 359

    • Subdivision Name: 501 FIRST RESIDENCES

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

More like this

For Sale
$375,000
Condo/Co-op
· 1 ba · 795 sqft
NEO VERTIKA CONDO, Miami
690 SW 1st Ct # 1212, Miami FL 33130
For Sale
$324,990
Condo/Co-op
1 bds · 1 ba · 638 sqft
NEO VERTIKA CONDO, Miami
690 SW 1st Ct # 1828, Miami FL 33130
For Sale
$330,000
Condo/Co-op
1 bds · 1 ba · 809 sqft
1800 BISCAYNE PLAZA CONDO,1800 BISCAYNE PLAZA, Miami
275 NE 18th St # 305, Miami FL 33132
For Sale
$250,000
Condo/Co-op
· 1 ba · 488 sqft
4250 BISCAYNE BOULEVARD C, Miami
4250 Biscayne Blvd # 706, Miami FL 33137
For Sale
$430,000
Condo/Co-op
1 bds · 1 ba · 868 sqft
BRICKELL PLACE CONDO, Miami
1865 Brickell Ave # A2004, Miami FL 33129
New
For Sale
$450,000
House
3 bds · 2 ba · 1,451 sqft
HOLLEMAN MANOR ADDN, Miami
2030 NW 34th St, Miami FL 33142
New
For Sale
$329,876
Condo/Co-op
2 bds · 2 ba · 667 sqft
EL BOSQUE AT LITTLE HAVAN, Miami
777 SW 9th Ave # 408, Miami FL 33130
New
For Sale
$300,000
Lots/Land
0.14 acres
CENTRAL ALLAPATTAH, Miami
1738 NW 31st St, Miami FL 33142

Market around this address

Live counts in the same area.
View all

The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Rich Homes of Florida