Date
Details
Price
Change
Source
6/03/2026
Listed
$970,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$970,000 Just Listed
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Property Description
Stunning rare corner 2 Bedroom, 2 Bathroom residence at 501 First with breathtaking panoramic views of Biscayne Bay and the Miami skyline. Floor-to-ceiling impact glass windows fill the residence with natural light while showcasing spectacular water and city views from every angle. Modern open-concept layout featuring spacious living areas, contemporary finishes, high ceilings, premium appliances, and designer furnishings throughout. Delivered fully furnished in a brand-new building and never previously occupied, offering a true turnkey opportunity. One of the few properties in the area with no rental restrictions, ideal for short-term rentals, long-term income production, or personal use with maximum flexibility. Prime corner positioning within the building provides enhanced privacy and one of the most desirable layouts available. Residents enjoy resort-style amenities including a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, valet parking, and 24-hour security. Located in the heart of Downtown Miami, steps from Miami Worldcenter, Brightline Station, Kaseya Center, shopping, dining, and entertainment.
Full Property Details
Full Property Details for 121 NE 5th St #3401
General
- Price: $970,000
- HOA FEE: $1,200/month
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12023650
- Updated: 6/4/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: First Floor Entry
- Appliances: Dishwasher, Disposal, Dryer, Washer
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 2
- Bedroom Features: Entry Level
Additional Information
- Shared Amenities: Barbecue, Billiard Room, Clubhouse-Clubroom, Elevator(s), Exercise Room
- Maint. Includes: All Amenities, Cable Tv, Internet/WiFi
- Security/Safety: Doorman, Elevator Secure
Exterior
- Exterior Features: Barbecue
- Deck/Patio: Deck, Patio
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Valet
Location
- Area: 501 1st
- County: Miami-Dade County
- Subdivision: 501 1ST
- Building Name: 501 1ST
Community
- Community Name: 501 1st
- Association: Yes
- Pets Allowed: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Concrete Block Construction
- Entry Floor Number: 34
- Building Size: 760
- Square Feet: 760
- Living Area: 760 Sq. Ft.
- Year Built: 2026
- Property Condition: New Construction
Lot Features
- Property View: Bay, Water View
- Frontage: Bay
Water Features
- Water Front: Yes
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,276.32
- Association Fee: $1,200
- Assoc Fee Freq.: Monthly
- Tax Year: 2026
- Terms: All Cash, Conventional, Cryptocurrency
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 3401 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: See Broker Remarks
- Inclusions: None
- Property ID: 01-41-01-008-0650
Listed by Florida Capital Realty
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Schools
Schools serving 121 NE 5th St #3401
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 #3401
Tax History
Tax History for 121 NE 5th St #3401
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 #3401
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- Condo
- Active
- Updated 9 days ago
- 2Beds
- 2Total Baths
- 1,642Sq. Ft.
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- Condo
- Active
- Updated 16 hours ago
- 1Bed
- 2Total Baths
- 1,002Sq. Ft.
Listed by Michele Redlich (305) 725-3119
- Condo
- Active
- Updated 2 days ago
- 1Bed
- 2Total Baths
- 750Sq. Ft.
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 7Total Baths
- 4,964Sq. Ft.
- Residential Lots
- Active
- Updated 1 day ago
- 0.3191Acres
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121 NE 5th St #3401, Miami, FL 33132 (MLS# A12023650) is a Condo property with 2 bedrooms and 2 full bathrooms. 121 NE 5th St #3401 is currently listed for $970,000 and was received on June 03, 2026. Want to learn more about 121 NE 5th St #3401? 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.