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

121 NE 5th St # 3401, Miami FL 33132

Condo/Co-op For Sale
$970,000

BTC: 15.39682540

ETH: 555.55555556

New
Waterfront
2 bds
2 ba
760 sqft

Overview

Stunning rare corner 2 Bedroom, 2 Bathroom residence at 501 First with breathtaking panoramic views of Biscayne Bay and the Miami skyline. Floor-to-ceiling impact glass windows fill the residence with natural light while showcasing spectacular water and city views from every angle. Modern open-concept layout featuring spacious living areas, contemporary finishes, high ceilings, premium appliances, and designer furnishings throughout. Delivered fully furnished in a brand-new building and never previously occupied, offering a true turnkey opportunity. One of the few properties in the area with no rental restrictions, ideal for short-term rentals, long-term income production, or personal use with maximum flexibility. Prime corner positioning within the building provides enhanced privacy and one of the most desirable layouts available. Residents enjoy resort-style amenities including a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, valet parking, and 24-hour security. Located in the heart of Downtown Miami, steps from Miami Worldcenter, Brightline Station, Kaseya Center, shopping, dining, and entertainment.

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
2026
Lot:
No Data
Heating:
Central
Price/sqft:
$1,276
Cooling:
Central Air
HOA:
$1,200

Valuation

Our model vs. what's actually selling nearby.
Estimate
$847,950
$589K – $1.4M
Confidence Low
List vs. estimate
$122K above estimate
List $970,000 · +14.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$1,276
+126.2% vs. city median $564
Based on
66 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $586K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$1,200/mo
View
Bay, Water View
Waterfront
Yes
Garage
1 car garage
Pets
More Than 20 Lbs
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Washer

    Other interior features

    • First Floor Entry

    Bedrooms and bathrooms

    • Bedrooms: 2

    • Full bathrooms: 2

  • Parking

    • Valet

    Property

    • Exterior Features: Barbeque

    Other Property Information

    • Parcel Number: 01-41-01-008-0650

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $1,200

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12023650

    Other facts

    • Construction Materials: Concrete Block Construction

    • Patio And Porch Features: Deck / Patio

    • Architectural Style: Corner Unit

    • Waterfront: Yes

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 760

    • Subdivision Name: 501 1ST

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
$775,000
Condo/Co-op
2 bds · 2 ba · 1,178 sqft
ARIA ON THE BAY CONDO, Miami
488 NE 18th St # 3101, Miami FL 33132
For Sale
$720,000
Condo/Co-op
2 bds · 2 ba · 750 sqft
THE CROSBY MIAMI, Miami
11 NE 6th St # 301, Miami FL 33132
For Sale
$795,000
Condo/Co-op
2 bds · 2 ba · 1,101 sqft
THE PLAZA 851 BRICKELL CO, Miami
950 Brickell Bay Dr # 4504, Miami FL 33131
For Sale
$680,000
Condo/Co-op
2 bds · 2 ba · 1,124 sqft
500 BRICKELL EAST CONDO, Miami
500 Brickell Ave # 3105, Miami FL 33131
For Sale
$795,000
Condo/Co-op
1 bds · 2 ba · 1,386 sqft
PARAMOUNT MIAMI WORLDCENTE,PARAMOUNT MIAMI WORL, Miami
851 NE 1st Ave # 1705, Miami FL 33132
For Sale
$795,000
Commercial
0 room(s)
Miami
14 NE 1st Ave, Miami FL 33132
New
For Sale
$1,250,000
Condo/Co-op
2 bds · 2 ba · 1,313 sqft
ICONBRICKELL CONDO NO 1,ICONBRICKELL CONDO N, Miami
465 Brickell Ave # 2703, Miami FL 33131
New
For Sale
$995,000
Condo/Co-op
2 bds · 2 ba · 1,119 sqft
801 SMA RESIDENCES CONDO, Miami
801 S Miami Ave # 4602, Miami FL 33130

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: Florida Capital Realty