Date
Details
Price
Change
Source
7/16/2026
Listed
$588,000
—
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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$588,000 Just Listed
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Property Description
Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas. Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront. One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you're looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami's fastest-growing and most exciting neighborhoods.
Full Property Details
Full Property Details for 121 NE 5th St #3405
General
- Price: $588,000
- HOA FEE: $802/month
- Taxes: (2026)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12054926
- Updated: Today (7/16/2026)
- Added to Site: Today
Interior
- Interior Features: Other
- Appliances: Dishwasher, Disposal
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: None
Additional Information
- Shared Amenities: Exercise Room
- Maint. Includes: All Amenities
- Security/Safety: Doorman, Elevator Secure, Card Entry
Exterior
- Exterior Features: None
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Valet
Location
- Area: 501 First Residence
- County: Miami-Dade County
- Subdivision: 501 First Residence
- Building Name: 501 First Residence
Community
- Community Name: 501 First Residence
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Central
Structural Information
- Architectural Style: Corner Unit, High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Entry Floor Number: 34
- Building Size: 489
- Square Feet: 489
- Living Area: 489 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Bay
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,202.45
- Association Fee: $802
- Assoc Fee Freq.: Monthly
- Tax Year: 2026
- Terms: All Cash, Conventional, Cryptocurrency
Disclosures and Reports
- Legal Description: 501 First Residence
- Restrictions: Corporate Buyer OK, Daily Rentals Allowed
- Property ID: 01-41-01-008-2010
Listed by Brosda & Bentley Realtors, LLC
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Listing agent
— 121 NE 5th St #3405 —
Brosda & Bentley Realtors, LLC
305-788-9393
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 121 NE 5th St #3405
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 #3405
Tax History
Tax History for 121 NE 5th St #3405
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 #3405
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- Condo
- Active
- Updated 5 days ago
- 2Beds
- 2Total Baths
- 1,065Sq. Ft.
- Condo
- Active
- Updated 1 day ago
- 1Total Bath
- 550Sq. Ft.
- Condo
- Active
- Updated 2 days ago
- 1Bed
- 1Total Bath
- 450Sq. Ft.
Listed by Pascal Van Der Kamp (561) 729-6708
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- Condo
- Active
- Updated 3 days ago
- 2Beds
- 3Total Baths
- 1,451Sq. Ft.
Listed by The Jills Zeder Group (305) 341-7447
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- Condo
- Closed
- 2Beds
- 2Total Baths
- 1,254Sq. Ft.
Listed by The MN Team
- Condo
- Closed
- 1Bed
- 2Total Baths
- 1,185Sq. Ft.
Co-Listed by Moacyr K Timas
121 NE 5th St #3405, Miami, FL 33132 (MLS# A12054926) is a Condo property with 1 bedroom and 1 full bathroom. 121 NE 5th St #3405 is currently listed for $588,000 and was received on July 16, 2026. Want to learn more about 121 NE 5th St #3405? 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.