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121 NE 5th St # 3704, Miami FL 33132

Condo/Co-op For Sale
$500,000

BTC: 7.97448166

ETH: 313.54056274

New
1 ba
544 sqft

Overview

DEVELOPER UNIT! Studio / 1 Bath | 402 SF | South-Facing Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, offering outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district. The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more. Easy to show.

Location

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

Details

Type:
Residential
Parking:
Other / Valet
Year Built:
2025
Lot:
No Data
Heating:
Other
Price/sqft:
$919
Cooling:
Central Air
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$599,000
$450K – $870K
Confidence Low
List vs. estimate
$99K below estimate
List $500,000 · -16.5%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$919
+62.9% vs. city median $564
Based on
71 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $537K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

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Other View
All facts and features

  • Flooring

    • Other

    Heating

    • Other

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Ice Maker

    • Other Equipment/Appliances

    • Refrigerator

    • Washer

    Other interior features

    • Elevator

    • Other

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Other

    • Valet

    Property

    • Exterior Features: Other / Barbeque / Courtyard

    Other Property Information

    • Parcel Number: 01-41-01-008-1700

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12050355

    Other facts

    • Construction Materials: Other

    • Window Features: Other Windows

    • Architectural Style: High Rise

    • Living Area: 544

    • 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
329
median $665K
Active
Same city
Miami
5,075
median $640K
Active
Same type
Condo/Co-op
2,552
median $499K
Active
Similar price
$350K – $650K
1,597
median $500K
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: One World Properties