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$630,888 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 2 Full Baths
  • 659 Sq. Ft.
  • Updated 6 hours ago
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Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami's newest short-term-rental-friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

Full Property Details for 121 NE 5th St #2211

General

  • Price: $630,888
  • HOA FEE: $893/month
  • Taxes: (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11985345
  • Updated: Today (4/6/2026)
  • Added to Site: Today

Interior

  • Interior Features: Elevator, Entrance Foyer, Den/Library/Office, Family Room, Florida Room, Media Room, Recreation Room
  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Electric Water Heater, Microwave, Electric Range, Refrigerator, Washer
  • Flooring: Ceramic Floor

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2
  • Primary Bathroom: 2 Primary Bathrooms

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Other

Other Rooms

  • Living Room: Den/Library/Office, Family Sq. Ft.
  • Dining Room: Dining/Living Room

Additional Information

  • Shared Amenities: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Heated Pool, Library, Pool, Private Pool, Sauna, Spa/Hot Tub
  • Maint. Includes: Building Exterior, Common Area, Hot Water, Insurance, Internet/WiFi, Outside Maintenance, Pool Service, Recreation Facilities, Security, Sewer, Trash Removal, Water
  • Security/Safety: Doorman, Elevator Secure, Guard At Site
  • Equipment: Elevator

Exterior

  • Exterior Features: Barbecue, Open Balcony
  • Deck/Patio: Open Balcony

Parking

  • Parking Features: Valet

Location

  • Area: 501 First Residences
  • County: Miami-Dade County
  • Subdivision: 501 First Residences
  • 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: Co-Op 5+ Stories, Condo
  • Detached/Attached: Detached
  • Construction: Concrete Block With Brick
  • Doors: High Impact Doors
  • Entry Floor Number: 22
  • Entry Location: Foyer
  • Square Feet: 659
  • Sq. Ft. Source: Developer
  • Living Area: 659 Sq. Ft.
  • Year Built: 2026
  • Property Condition: New Construction

Lot Features

  • Property View: Other View, Skyline

Green Features

  • Energy Efficient: Appliances

Financial Considerations

  • Price Per Sq. Ft.: $957.34
  • Association Fee: $893
  • Assoc Fee Freq.: Monthly
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 501 First Residences
  • Restrictions: Corporate Buyer OK, Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
  • Property ID: 01-01-06-020-1150

Listed by Potential Property Group

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— 121 NE 5th St #2211 —

  • Potential Property Group

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 121 NE 5th St #2211

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.7 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-120.9 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 #2211 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
4/06/2026
Listed
$630,888
40.2%
MLS
2/26/2026
Sold
$450,000
—
Public Record
Get Price Alerts and Save Property
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 for 121 NE 5th St #2211

Year
Property Taxes
Change
Tax Assessment
Change
2024
$85,707
—
$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
—
View All
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 for 121 NE 5th St #2211

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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with our affiliated lender
NMLS#: 1598647

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Listed by Potential Property Group

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121 NE 5th St #2211, Miami, FL 33132 (MLS# A11985345) is a Condo property with 1 bedroom and 2 full bathrooms. 121 NE 5th St #2211 is currently listed for $630,888 and was received on April 06, 2026. Want to learn more about 121 NE 5th St #2211? 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.

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