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121 NE 5th St # 901A, Miami FL 33132

Condo/Co-op For Sale
$405,000

BTC: 5.07518797

ETH: 174.56896552

New
1 ba
412 sqft

Overview

Luxury modern studio available at the brand-new 501 First Residences in Downtown Miami. Features floor-to-ceiling windows, an efficient open floor plan, and a private L-shaped balcony. The studio comes fully furnished with a bed, sofa bed, dining area, and TV. Additional highlights include a European-style kitchen, in-unit washer/dryer, high-speed internet, and spacious closets. Residents can enjoy premium resort-style amenities, including a fitness center, media room, co-working spaces, and a rooftop pool. The building offers prime walkability to Miami Worldcenter, the Brightline Station, Brickell, Bayside, and various entertainment venues..

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
2026
Lot:
No Data
Heating:
Central / Electric
Price/sqft:
$983
Cooling:
Central Air / Electric
HOA:
$675

Valuation

Our model vs. what's actually selling nearby.
Estimate
$464,900
$370K – $619K
Confidence Low
List vs. estimate
$59K below estimate
List $405,000 · -12.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$983
+71.5% vs. city median $573
Based on
61 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
$675/mo
Pool
Private
View
Skyline
Garage
1 car garage
All facts and features
  • Flooring

    • Ceramic Floor

    • Tile

    Heating

    • Central

    • Electric

    Cooling

    • Central Air

    • Electric

    Appliances

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Range

    • Electric Water Heater

    • Ice Maker

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Elevator

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Valet

    Property

    • Pool Private: Yes

    • Exterior Features: Other / Open Balcony

    Other Property Information

    • Parcel Number: 01-41-01-008-0380

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Green energy

    • Appliances

    • Water Heater

  • Other financial information

    • HOA: $675

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A12114712

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Patio And Porch Features: Open Balcony

    • Window Features: Clear Impact Glass

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 412

    • Subdivision Name: 501 FIRST RESIDENCES CONDO

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.
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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: PFS Realty LLC