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$889,000
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Property Description
Investor's dream come true: short-term rental-friendly building, high floor, impressive views, corner unit, fully furnished. Location: Miami World Center. This fully furnished 2-bedroom, 2-bath corner residence sits on a high floor and offers stunning views of Biscayne Bay, the Miami skyline, and Port of Miami. Beautifully equipped with all appliances and a washer and dryer, modern finishes, and a turnkey layout, this unit is ready for personal use, rental income, or both. Located one block from the Kaseya Center, home to world-class concerts, Miami Heat games, and major entertainment events, and minutes from Brickell, Wynwood, Bayside, Miami Worldcenter, and the Brightline station. Offered at $889,000, positioned below competing 2-bedroom listings in the building. A rare opportunity for investors or end users seeking location, views, and rental flexibility in the heart of Miami.
Full Property Details
Full Property Details for 121 NE 5th St #3312
General
- Price: $889,000
- HOA FEE: $1,240/month
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12070584
- Updated: 8/17/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: First Floor Entry, Closet Cabinetry, Split Bedroom
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator
- Flooring: Concrete, Other
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: 2 Primary Bathrooms
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level, Primary Bath Shower, Primary Bath Tub
Other Rooms
- Dining Room: Dining/Living Room
Additional Information
- Shared Amenities: Business Center, Elevator(s), Exercise Room, Exterior Lighting, Other, Pool, Trash Chute
- Maint. Includes: All Amenities
- Security/Safety: Card Entry, Lobby Secured
Exterior
- Exterior Features: 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
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: Concrete Block Construction, CBS Construction
- Windows: Blinds
- Doors: High Impact Doors
- Entry Floor Number: 33
- Building Size: 757
- Square Feet: 757
- Living Area: 757 Sq. Ft.
- Year Built: 2025
Lot Features
- Property View: Bay, Ocean View, Skyline
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,174.37
- Association Fee: $1,240
- Assoc Fee Freq.: Monthly
- Tax Year: 2026
- Terms: All Cash
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 3312 UNDIV 0.31236% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: Daily Rentals Allowed, Ok To Lease, Okay To Lease 1st Year
- Property ID: 01-41-01-008-4470
Listed by United Realty Group Inc
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Schools
Schools serving 121 NE 5th St #3312
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 #3312
Date
Details
Price
Change
Source
8/13/2026
Listed
$889,000
—
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 #3312
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 #3312
121 NE 5th St #3312, Miami, FL 33132 (MLS# A12070584) is a Condo property with 2 bedrooms and 2 full bathrooms. 121 NE 5th St #3312 is currently listed for $889,000 and was received on August 13, 2026. Want to learn more about 121 NE 5th St #3312? 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.

