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121 NE 5th St # 2411, Miami FL 33132

Condo/Co-op For Sale
$579,900

BTC: 7.45229069

ETH: 241.62500000

New
1 bds
2 ba
597 sqft

Overview

BY FAR THE BEST DEAL IN DOWNTOWN MIAMI! PRICED WELL BELOW MARKET VALUE. PRICE IS FIRM. Investors, take notice! Modern 1 Bed + Den residence in the heart of Downtown Miami, offering exceptional views and one of the most desirable locations within the building. One of the few opportunities in the area with NO RENTAL RESTRICTIONS, providing maximum flexibility for short-term rentals, long-term income, or personal use. Delivered fully furnished in a brand-new building, this is a true turnkey opportunity. Enjoy top-of-the-line resort-style amenities and an outstanding location just steps from dining, entertainment, shopping and transit. The smart layout maximizes space and functionality, while the combination of location, views and rental flexibility makes this an exceptional investment opportunity. SELLER FINANCING AVAILABLE

Location

Florida • Miami • 33132 • Condo/Co-op • For Sale

Details

Type:
Residential
Parking:
1 Space / Valet
Year Built:
2026
Lot:
No Data
Heating:
Central
Price/sqft:
$971
Cooling:
Central Air
HOA:
$890

Valuation

Our model vs. what's actually selling nearby.
Estimate
$594,950
$490K – $895K
Confidence Low
List vs. estimate
$15K below estimate
List $579,900 · -2.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$971
+71.6% vs. city median $566
Based on
170 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $606K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$890/mo
View
Bay, Skyline
Pets
Restrictions Or Possible Restrictions
All facts and features

  • Flooring

    • Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Ice Maker

    • Microwave

    • Washer/Dryer Leased

    Other interior features

    • Built-in Features

    • Closet Cabinetry

    • Custom Mirrors

    • Den/Library/Office

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • 1 Space

    • Valet

    Property

    • Exterior Features: Barbeque

    Other Property Information

    • Parcel Number: 00-00-00-501-2411

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $890

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12074753

    Other facts

    • Construction Materials: CBS Construction

    • Patio And Porch Features: Deck

    • Architectural Style: High Rise

    • Living Area: 597

    • 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.

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Market around this address

Live counts in the same area.
View all
This zip
33132
789
median $629K
Active
Same city
Miami
12,263
median $640K
Active
Same type
Condo/Co-op
6,443
median $495K
Active
Similar price
$405K – $753K
4,062
median $560K
Active

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: Rutois International Realty LLC