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$929,000
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Property Description
Rare 2 Bed / 2 Bath corner residence at 501 First Residences, one of only two southeast-facing corner units in the building, offering some of the most desirable views of Biscayne Bay and the Downtown skyline. Located on the 21st floor, this unit features floor-to-ceiling impact windows, an open layout, Italian kitchen cabinetry, premium appliances, in-unit washer/dryer, and a spacious balcony. No rental restrictions-Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ SF of amenities including rooftop pool, fitness center, spa, co-working spaces, and valet. Prime Downtown location near Brickell, Miami Worldcenter, and Brightline, ideal as a primary residence, second home, or income-producing investment.
Full Property Details
Full Property Details for 121 NE 5th #1701
General
- Price: $929,000
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A12000476
- Updated: 9/5/2026
- Added to Site: 145 day(s) ago
Interior
- Interior Features: Walk-In Closet(s)
- Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
Additional Information
- Pool: Yes
- Pool Description: Community
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Balcony, Open
Parking
- Covered Spaces: 1
- Total Spaces: 1
Location
- Area: 2410
- County: Miami-Dade
- Subdivision: 501 First Residences
Community
- Community Name: 2410
- Assoc. Fees Include: Cable TV, Parking, Water
- Adult Community: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Entry Floor Number: 17
- Square Feet: 760
- Living Area: 760 Sq. Ft.
- Year Built: 2026
- Property Condition: Resale
Financial Considerations
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Real Estate Owned, Listed As-Is
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 1701 OFF REC 350674463
- Bank-owned: Yes
- Property ID: 01-41-01-008-0480
Listed by One Sotheby's International Realty
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Price & Sales History for 121 NE 5th #1701
Date
Details
Price
Change
Source
4/14/2026
Listed
$929,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 121 NE 5th #1701
Year
Property Taxes
Change
Tax Assessment
Change
2025
$85,587
—
$4,200,000
-14%
2024
$85,707
5%
$4,900,000
—
2023
$81,451
12%
$4,900,000
40%
2021
$72,937
-9%
$3,489,159
-28%
2022
$79,753
9%
$4,876,638
40%
2021
$72,937
14%
$3,489,180
28%
2019
$64,097
8%
$2,724,608
10%
2018
$59,098
21%
$2,476,917
10%
2017
$48,755
-3%
$2,251,743
—
2016
$50,200
136%
$2,251,764
722%
2015
$21,272
94%
$273,986
10%
2014
$10,970
109%
$249,079
10%
2013
$5,237
—
$226,436
—
Disclaimer: Historical tax 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 5th #1701
121 NE 5th #1701, Miami, FL 33132 (MLS# A12000476) is a Condo property with 2 bedrooms and 2 full bathrooms. 121 NE 5th #1701 is currently listed for $929,000 and was received on April 14, 2026. Want to learn more about 121 NE 5th #1701? 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.
