Date
Details
Price
Change
Source
7/08/2026
Listed
$500,000
—
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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$500,000 Just Listed
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Property Description
DEVELOPER UNIT! Studio / 1 Bath | 402 SF | South-Facing Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, offering outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district. The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more. Easy to show.
Full Property Details
Full Property Details for 121 NE 5th St #3704
General
- Price: $500,000
- HOA FEE: $589/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12050355
- Updated: 7/10/2026
- Added to Site: 3 day(s) ago
Interior
- Interior Features: Elevator, Other
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Other Equipment/Appliances, Refrigerator, Washer
- Flooring: Other
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Other, Studio
Additional Information
- Shared Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Pool
- Maint. Includes: All Amenities, Common Area, Elevator, Manager, Other Maintenance Includes, Security
- Security/Safety: Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, Other, Security Patrol, TV Camera
Exterior
- Exterior Features: Other, Barbecue, Courtyard
Parking
- Parking Features: Other, Valet
Location
- Area: 501 First Residences
- County: Miami-Dade County
- Subdivision: 501 First Residences
- Building Name: 501 First Residences
- Driving Directions: 501 First Residences 121 NE 5th St, Miami, FL 33132
Community
- Community Name: 501 First Residences
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Other
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: Other
- Windows: Other Windows
- Doors: High Impact Doors
- Entry Floor Number: 37
- Building Size: 440
- Square Feet: 402
- Living Area: 402 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Other View
Financial Considerations
- Price Per Sq. Ft.: $1,243.78
- Association Fee: $589
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: All Cash, Conventional, FHA
Disclosures and Reports
- Legal Description: 501 First Residences # 3704
- Restrictions: Other Restrictions
- Property ID: 01-41-01-008-1700
Listed by One World Properties
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Listing agent
— 121 NE 5th St #3704 —
One World Properties
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Schools
Schools serving 121 NE 5th St #3704
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 #3704
Tax History
Tax History for 121 NE 5th St #3704
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 #3704
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121 NE 5th St #3704, Miami, FL 33132 (MLS# A12050355) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5th St #3704 is currently listed for $500,000 and was received on July 08, 2026. Want to learn more about 121 NE 5th St #3704? 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.