Date
Details
Price
Change
Source
8/24/2026
Listed
$579,900
—
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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$579,900 Just Listed
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Property Description
BY FAR THE BEST DEAL IN DOWNTOWN MIAMI! PRICED WELL BELOW MARKET VALUE. PRICE IS FIRM. Investors, take notice! Modern 1 Bed + Den residence in the heart of Downtown Miami, offering exceptional views and one of the most desirable locations within the building. One of the few opportunities in the area with NO RENTAL RESTRICTIONS, providing maximum flexibility for short-term rentals, long-term income, or personal use. Delivered fully furnished in a brand-new building, this is a true turnkey opportunity. Enjoy top-of-the-line resort-style amenities and an outstanding location just steps from dining, entertainment, shopping and transit. The smart layout maximizes space and functionality, while the combination of location, views and rental flexibility makes this an exceptional investment opportunity. SELLER FINANCING AVAILABLE
Full Property Details
Full Property Details for 121 NE 5th St #2411
General
- Price: $579,900
- HOA FEE: $890/month
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12074753
- Updated: Today (8/24/2026)
- Added to Site: Today
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Custom Mirrors, Den/Library/Office
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Washer and Dryer (Leased)
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Other
Other Rooms
- Living Room: Den/Library/Office Sq. Ft.
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
- Maint. Includes: All Amenities, Common Area, Hot Water, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Other Maintenance Includes, Pool Service, Recreation Facilities, Sewer, Trash Removal, Water
- Security/Safety: Doorman, Elevator Secure, Lobby Secured
Exterior
- Exterior Features: Barbecue
- Deck/Patio: Deck
Parking
- Parking Features: 1 Space, 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: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction
- Doors: High Impact Doors
- Entry Floor Number: 24
- Square Feet: 597
- Living Area: 597 Sq. Ft.
- Year Built: 2026
- Property Condition: New Construction
Lot Features
- Property View: Bay, Skyline
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $971.36
- Association Fee: $890
- Assoc Fee Freq.: Monthly
- Tax Year: 2026
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 501 First Residences Unit 2411
- Restrictions: Daily Rentals Allowed, No Restrictions
- Property ID: 00-00-00-501-2411
Listed by Rutois International Realty LLC
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Listing agent
— 121 NE 5th St #2411 —
Rutois International Realty LLC
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 121 NE 5th St #2411
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 #2411
Tax History
Tax History for 121 NE 5th St #2411
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 St #2411
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![[Address not provided], Miami, FL 33128 - Photo 1](https://m1.cbhomes.com/p/943/A12032462/1E870841c88c46a/s23cc.webp)
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- Condo
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Listed by The MN Team
121 NE 5th St #2411, Miami, FL 33132 (MLS# A12074753) is a Condo property with 1 bedroom and 2 full bathrooms. 121 NE 5th St #2411 is currently listed for $579,900 and was received on August 24, 2026. Want to learn more about 121 NE 5th St #2411? 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.