This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
$489,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/41
Property Description & Video
121 NE 5 #1404, Miami, FLVideo Tour of 121 NE 5 #1404, Miami, FL.
Excellent investor opportunity! This brand-new furnished studio in Downtown Miami can be rented daily. Located in modern 501 First building, just steps from the Metromover, with easy access to Brickell, Miami Beach, and major highways. This contemporary unit features modern finishes, new appliances with washer and dryer included, and an efficient layout. Enjoy living in a luxury building in the heart of the city, close to restaurants, shopping, and entertainment. Amenities include 75-foot resort-style rooftop pool, state-of-the-art fitness center, yoga/meditation area, sunrise and sunset terraces with city views, greenhouse lounge, co-working spaces, pet lounge with pet-washing station, and more! Perfect for convenient urban living.
Full Property Details
Full Property Details for 121 NE 5 #1404
General
- Price: $489,000
- HOA FEE: $588/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A11992993
- Updated: 4/1/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Interior Hall, Lobby, Built-in Features, Closet Cabinetry
- Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
- Furnished: Yes
- Furnishings: Furnished
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Business Center, Clubhouse-Clubroom, Elevator(s), Exercise Room, Exterior Lighting, Pool
- Maint. Includes: Common Area, Elevator, Hot Water, Internet/WiFi, Trash Removal, Water
- Security/Safety: Doorman, Elevator Secure
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet
Location
- Area: 501 First Residences
- County: Miami-Dade County
- Subdivision: 501 First Residences, 501 First
- Building Name: 501 First Residences
Community
- Community Name: 501 First Residences
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Doors: High Impact Doors
- Entry Floor Number: 14
- Sq. Ft. Source: Building Plan/Survey
- Year Built: 2026
Lot Features
- Property View: Skyline
Financial Considerations
- Association Fee: $588
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 1404 UNDIV 0.14822% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: Daily Rentals Allowed
- Property ID: 01-41-01-008-1470
Listed by Exclusive Living R.E. LLC
Get Pre-Approved Today
Schools
Schools serving 121 NE 5 #1404
School District:Dade County School District
| Name | Grades | Distance |
|---|---|---|
Frederick R. Douglass Elementary School 314 Northwest 12th Street, Miami, FL 33136 | PK-5 | 0.7 mi |
Jose De Diego Middle School 3100 Northwest 5th Avenue, Miami, FL 33127 | 6-8 | 2 mi |
Booker T. Washington Senior High School 1200 Northwest 6th Avenue, Miami, FL 33136 | 9-12 | 0.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 121 NE 5 #1404
Date
Details
Price
Change
Source
4/01/2026
Listed
$489,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 121 NE 5 #1404
121 NE 5 #1404, Miami, FL 33132 (MLS# A11992993) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5 #1404 is currently listed for $489,000 and was received on April 01, 2026. Want to learn more about 121 NE 5 #1404? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

