Date
Details
Price
Change
Source
4/13/2026
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$850,000
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Property Description
This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami's fastest-growing neighborhoods.
Full Property Details
Full Property Details for 121 NE 5th St #3112
General
- Price: $850,000
- HOA FEE: $1,240/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12000487
- Updated: 5/29/2026
- Added to Site: 51 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Business Center, Exercise Room, Pool
- Maint. Includes: All Amenities, Building Exterior, Common Area, Security
- Security/Safety: Lobby Secured
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Valet
Location
- Area: 501 First Residences Condo
- County: Miami-Dade County
- Subdivision: 501 FIRST RESIDENCES CONDO
- Building Name: 501 FIRST
Community
- Community Name: 501 First Residences Condo
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Electric
- Heating Type: Electric
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Entry Floor Number: 31
- Square Feet: 757
- Living Area: 757 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Ocean View, Water View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,122.85
- Association Fee: $1,240
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 3112 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: Ok To Lease, Okay To Lease 1st Year
- Property ID: 01-41-01-008-4450
Listed by Irg
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Listing agent
— 121 NE 5th St #3112 —
Irg
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Schools
Schools serving 121 NE 5th St #3112
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 5th St #3112
Estimate the Cost
Estimate the Cost for 121 NE 5th St #3112
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![[Address not provided], Miami Beach, FL 33140 - Photo 1](https://m.cbhomes.com/p/943/A12026264/d687595437bd47a/s23cc.webp)
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Listed by Michele Redlich (305) 725-3119
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- Condo
- Closed
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- 2Total Baths
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Sold by Irene Fernandez
121 NE 5 St #3112, Miami, FL 33132 (MLS# A12000487) is a Condo property with 2 bedrooms and 2 full bathrooms. 121 NE 5 St #3112 is currently listed for $850,000 and was received on April 13, 2026. Want to learn more about 121 NE 5 St #3112? Do you have questions about finding other Condo real estate for sale in Miami? You can browse all Miami real estate or contact a Coldwell Banker agent to request more information.