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121 NE 5TH STREET UNIT 0

Condo/Co-op Recently Sold
$503,000

BTC: 6.60972405

ETH: 201.20000000

Sold on: 2026-01-05
New
1 bds
2 ba
597 sqft

Overview

Short Sale. Pre-Construction. To be built. Modern 1-bedroom, 2-bath condominium located in the iconic 501 First Residences in Downtown Miami. This residence features 659 sq ft of interior space, contemporary design, in-unit laundry, balcony, and access to luxury amenities including resort-style pool, fitness center, valet parking, coworking spaces, and concierge services. Prime location near Miami Worldcenter, museums, entertainment, and dining.

Location

Details

Type:
Residential
Parking:
Valet
Year Built:
2025
Lot:
No Data
Heating:
Central
Price/sqft:
$843
Cooling:
Central Air
HOA:
$1,000

Valuation

Our model vs. what's actually selling nearby.
Estimate
$701,500
$498K – $859K
Confidence Low
List vs. estimate
$198K below estimate
List $503,000 · -28.3%
Our model says this listing is priced below recent comparable activity. Expect competition.
Price per sq ft
$842
+48.9% vs. city median $565
Based on
50 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $531K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$1
2025
HOA
$1,000/mo
24-Hour Guard, Community Pool, Electricity
Pool
Above Ground
View
City
Garage
1 car garage
Furnished
Furnished
All facts and features
  • Flooring

    • Ceramic Tile

    Heating

    • Central

    Cooling

    • Central Air

    Appliances

    • Cooktop

    • Dishwasher

    • Dryer

    • Microwave

    • Refrigerator

    • Washer

    Other interior features

    • Open Floorplan

    Bedrooms and bathrooms

    • Bedrooms: 1

    • Full bathrooms: 2

  • Parking

    • Valet

    Property

    • Levels: One

    • Exterior Features: Balcony / Dog Run / Playground / Sliding Doors

    Other Property Information

    • Parcel Number: UNKOWN

    • Zoning: 0

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Utility

    • Electricity Available

  • Other financial information

    • HOA: $1,000

    • HOA Frequency: Monthly

    • Annual tax amount: $2

  • Source details

    • MLS ID: J997234

    Other facts

    • Construction Materials: Concrete

    • Foundation Details: Block

    • Laundry Features: Inside

    • Lot Features: In County / Level / Near Public Transit

    • Patio And Porch Features: Patio

    • Pool Features: Above Ground

    • Garage Spaces: 1

    • Garage: Yes

    • Living Area: 597

    • Subdivision Name: 501 FIRST RESIDENCES

Private inquiry
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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. 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: STELLAR NON-MEMBER OFFICE