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$520,000
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Property Description
Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas. Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront. One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors,
Full Property Details
Full Property Details for 121 NE 5th #3405
General
- Price: $520,000
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: Martin_County
- MLS ID: A12054926
- Updated: 9/5/2026
- Added to Site: 52 day(s) ago
Interior
- Appliances: Dishwasher, Disposal
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
Additional Information
- Security/Safety: Door Man
Exterior
- Exterior Features: None
Parking
- Covered Spaces: 1
- Total Spaces: 1
- Parking Features: Valet
Location
- Area: 2310
- County: Miami-Dade
- Subdivision: 501 First Residence
Community
- Community Name: 2310
- Pets Allowed: Yes
Heating & Cooling
- Cooling Type: Other
- Heating Type: Central
Structural Information
- Entry Floor Number: 34
- Square Feet: 489
- Living Area: 489 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Bay
Water Features
- Water View: Yes
Financial Considerations
- Tax Year: 2026
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Listed As-Is
- Legal Description: 501 First Residence
- Property ID: 01-41-01-008-2010
Listed by Brosda & Bentley Realtors, LLC
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Schools
Schools serving 121 NE 5th #3405
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 #3405
Date
Details
Price
Change
Source
7/16/2026
Listed
$520,000
—
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 #3405
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 #3405
121 NE 5th #3405, Miami, FL 33132 (MLS# A12054926) is a Condo property with 1 bedroom and 1 full bathroom. 121 NE 5th #3405 is currently listed for $520,000 and was received on July 16, 2026. Want to learn more about 121 NE 5th #3405? 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.

