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$661,000 Just Listed
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Property Description
Experience luxury living at 501 First in the heart of Downtown Miami. This brand-new, fully furnished residence features designer finishes, floor-to-ceiling windows, a private balcony, Italian cabinetry, premium European appliances, built-out closets, and an in-unit washer and dryer. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hot and cold plunge pools, fitness center, yoga studio, co-working spaces, private dining rooms, outdoor movie theater, sunrise and sunset terraces, and stunning 360-degree city and bay views. Ideally located just steps from Miami Worldcenter, Kaseya Center, Museum Park, Brightline, Pérez Art Museum, and Biscayne Bay. With no rental restrictions, this property offers an outstanding opportunity for both homeowners and investors.
Full Property Details
Full Property Details for 121 NE 5th St #3710
General
- Price: $661,000
- HOA FEE: $567/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12054781
- Updated: Today (7/16/2026)
- Added to Site: Today
Interior
- Interior Features: First Floor Entry, Elevator
- Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer
- Flooring: Other, Tile
Rooms
Bathrooms
- Total Bathrooms: 3
- Full Bathrooms: 2
- Half Bathrooms: 1
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: Entry Level, Other
Additional Information
- Shared Amenities: Bike Storage, Business Center, Clubhouse-Clubroom, Elevator(s), Storage, Spa/Hot Tub
- Maint. Includes: Elevator, Other Maintenance Includes
- Security/Safety: Other
Exterior
- Exterior Features: Other
Parking
- Parking Features: Other
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
- Entry Floor Number: 37
- Building Size: 545
- Square Feet: 545
- Living Area: 545 Sq. Ft.
- Year Built: 2025
Lot Features
- Property View: Other View, Skyline, Water View
Water Features
- Water View: Yes
Financial Considerations
- Price Per Sq. Ft.: $1,212.84
- Association Fee: $567
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: All Cash
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 3710 UNDIV 0.22478% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: No Restrictions
- Property ID: 01-41-01-008-3740
Listed by Premier Elite Realty Inc.
Get Pre-Approved Today
Schools
Schools serving 121 NE 5th St #3710
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 #3710
Date
Details
Price
Change
Source
7/16/2026
Listed
$661,000
—
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 #3710
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 #3710
121 NE 5th St #3710, Miami, FL 33132 (MLS# A12054781) is a Condo property with 1 bedroom, 2 full bathrooms and 1 partial bathroom. 121 NE 5th St #3710 is currently listed for $661,000 and was received on July 16, 2026. Want to learn more about 121 NE 5th St #3710? Do you have questions about finding other Condo real estate for sale in Allapattah? You can browse all Allapattah real estate or contact a Coldwell Banker agent to request more information.

