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121 NE 5 St # 801B, Miami FL 33132

Condo/Co-op For Sale
$375,000

BTC: 5.85937500

ETH: 210.67415730

-$35K (2026/04/14)
76 days
1 ba

Overview

501 First Residences brand new modern luxury studio, which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and a sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, a fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.

Location

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

Details

Type:
Residential
Parking:
Valet
Year Built:
2025
Lot:
No Data
Heating:
Other
Price/sqft:
No Data
Cooling:
Central Air
HOA:
$563

Valuation

Our model vs. what's actually selling nearby.
Estimate
$924,113
$457K – $3.8M
Confidence Low
List vs. estimate
$549K below estimate
List $375,000 · -59.4%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
118 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $571K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

HOA
$563/mo
View
None
Pets
Allowed
All facts and features

  • Flooring

    • Tile

    Heating

    • Other

    Cooling

    • Central Air

    Appliances

    • Dishwasher

    • Electric Water Heater

    Other interior features

    • Closet Cabinetry

    Bedrooms and bathrooms

    • Full bathrooms: 1

  • Parking

    • Valet

    Property

    • Exterior Features: Open Balcony

    Other Property Information

    • Parcel Number: 01-41-01-008-0370

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Condominium

  • Other financial information

    • HOA: $563

    • HOA Frequency: Monthly

  • Source details

    • MLS ID: A11981555

    Other facts

    • Construction Materials: Other

    • Patio And Porch Features: Open Balcony

    • Architectural Style: High Rise

    • 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
720
median $635K
Active
Same city
Miami
12,162
median $650K
Active
Same type
Condo/Co-op
6,436
median $499K
Active
Similar price
$262K – $487K
2,566
median $375K
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: Douglas Elliman