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$690,000 Just Listed
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Property Description
Downtown Miami is changing and this brand new condo is the correct choice, 27 floor, corner unit with balcony , plenty of light , furnished, 1 bedroom, 1 bath ,, skyline and bay views, stylish and bright ready for living or investment delight. Perfect for short term rentals or your own city space. Amenities , gym, social and business rooms, co-working, private offices, spaces for wellness, pool, jacuzzi. Walking distance to Brickell financial area, Brickell City Center, restaurants, shopping, cultural and entertainment venues, nightlife, concerts, steps to World trade center, Port of Miami, Arena, metro mover station and more.
Full Property Details
Full Property Details for 121 NE 5th St #2705
General
- Price: $690,000
- HOA FEE: $801/month
- Taxes: $756 (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12015550
- Updated: 5/28/2026
- Added to Site: 2 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Refrigerator, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level
Additional Information
- Shared Amenities: Business Center, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Library, Private Pool
- Maint. Includes: All Amenities, Cable Tv, Insurance, Pool Service, Sewer, Trash Removal, Water
- Security/Safety: Elevator Secure, Guard At Site, Intercom In Lobby, Lobby Secured, TV Camera
Exterior
- Exterior Features: Open Balcony
- Deck/Patio: Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: 1 Space, Valet
Location
- Area: 501 First Residences
- County: Miami-Dade County
- Subdivision: 501 FIRST RESIDENCES
- Building Name: 501 FIRST RESIDENCES
- Driving Directions: GPS
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: Corner Unit, High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 27
- Building Size: 489
- Square Feet: 489
- Living Area: 489 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.: $1,411.04
- Association Fee: $801
- Assoc Fee Freq.: Monthly
- Tax Amount: $756
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 2705 UNDIV 0.20179% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: Daily Rentals Allowed, Other Restrictions
- Property ID: 01-41-01-008-1940
Listed by Fortune Christie's International Real Estate
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Schools
Schools serving 121 NE 5th St #2705
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 #2705
Date
Details
Price
Change
Source
5/27/2026
Listed
$690,000
—
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 St #2705
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
—
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 #2705
121 NE 5th St #2705, Miami, FL 33132 (MLS# A12015550) is a Condo property with 1 bedroom and 1 full bathroom. 121 NE 5th St #2705 is currently listed for $690,000 and was received on May 27, 2026. Want to learn more about 121 NE 5th St #2705? 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.

