Date
Details
Price
Change
Source
7/10/2026
Listed
$449,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
$449,000 Just Listed
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/51
Property Description
Experience the ultimate investment opportunity at 501 First Residences in the heart of Downtown Miami! This fully furnished turnkey studio offers modern finishes, an open-concept layout, floor-to-ceiling impact windows, a contemporary kitchen with stainless steel appliances and quartz countertops, in-unit washer and dryer, and a private balcony. Designed for maximum flexibility, the building allows short-term rentals with no rental restrictions, making it ideal for Airbnb, vacation rentals, or corporate stays. Residents enjoy resort-style amenities including a rooftop pool, fitness center, spa, co-working spaces, game room, lounge, café, valet parking, and 24-hour concierge and security. Located just steps from Miami Worldcenter, Brightline Station, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, entertainment, and with easy access to Miami Beach, Brickell, Wynwood, and the Design District. Whether you're looking for a high-performing income-producing property or a stylish city residence, Unit 304 offers exceptional value in one of Miami's fastest-growing neighborhoods.
Full Property Details
Full Property Details for 121 NE 5th St #304
General
- Price: $449,000
- HOA FEE: $563/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12051789
- Updated: 7/11/2026
- Added to Site: 1 day(s) ago
Interior
- Interior Features: Built-in Features, Closet Cabinetry, Cooking Island
- Appliances: Dryer, Microwave, Refrigerator, Washer
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Primary Bath Shower
Additional Information
- Shared Amenities: Exercise Room, Pool, Sauna, Spa/Hot Tub
- Maint. Includes: All Amenities, Internet/WiFi
- Security/Safety: Fire Alarm, Card Entry, Lobby Secured, Security Patrol
- Equipment: Elevator
Exterior
- Exterior Features: Other
Parking
- Parking Features: Valet
Location
- Area: 501 First Residences
- County: Miami-Dade County
- Subdivision: 501 First Residences
- Building Name: 501 FIRST RESIDENCES COND
- Driving Directions: From I-95, take Exit 2D toward NW 8th Street. Continue east on NW 8th Street, then turn right onto NE 1st Avenue. Turn left onto NE 5th Street. 501 First Residences is located at 121 NE 5th Street, Miami, FL 33132, in the heart of Downtown Miami.
Community
- Community Name: 501 First Residences
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Other
Structural Information
- Structure Type: Condo-Hotel, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 3
- Building Size: 359
- Square Feet: 359
- Living Area: 359 Sq. Ft.
- Year Built: 2025
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $1,250.7
- Association Fee: $563
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: UNDIV 0.14822% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: Daily Rentals Allowed
- Property ID: 01-41-01-008-1370
Listed by BM2 Realty
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 121 NE 5th St #304 —
BM2 Realty
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 121 NE 5th St #304
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 #304
Tax History
Tax History for 121 NE 5th St #304
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 #304
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 4Total Baths
- 2,291Sq. Ft.
- Condo
- Active
- Updated 13 hours ago
- 3Beds
- 4Total Baths
- 2,503Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 2Beds
- 2Total Baths
- 1,172Sq. Ft.
- Condo
- Active
- Updated 15 hours ago
- 2Beds
- 2Total Baths
- 1,065Sq. Ft.
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
- Condo
- Active
- Updated 3 days ago
- 1Bed
- 2Total Baths
- 1,100Sq. Ft.
Listed by The Claudia Whitechurch Team (786) 326-8615
- Condo
- Active
- Updated 2 days ago
- 1Bed
- 2Total Baths
- 910Sq. Ft.
Co-Listed by Isabel Godoy (305) 399-3128
- Condo
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 1,097Sq. Ft.
Listed by Jason Turner (386) 209-2231
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
121 NE 5th St #304, Miami, FL 33132 (MLS# A12051789) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5th St #304 is currently listed for $449,000 and was received on July 10, 2026. Want to learn more about 121 NE 5th St #304? 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.