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$499,000
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Property Description
Location!! Unit already generating income in a short rental. This beautifully designed unit comes fully furnished. Approved for short-term rentals. Floor-to-ceiling windows fill the space with natural light and showcase spectacular bay views, while modern finishes and a private balcony. enjoy resort-style amenities and a prime location in the heart of Miami a walking distance from Miami World Center. just moments from dining, entertainment, and waterfront attractions.
Full Property Details
Full Property Details for 121 NE 5th St #504
General
- Price: $499,000
- HOA FEE: $562/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12060745
- Updated: 7/28/2026
- Added to Site: 29 day(s) ago
Interior
- Interior Features: Lobby, First Floor Entry, Closet Cabinetry
- Appliances: Dishwasher, Disposal, Ice Maker, Microwave, Refrigerator, Wall Oven
- Flooring: Ceramic Floor
Rooms
Bathrooms
- Total Bathrooms: 1
- Full Bathrooms: 1
Bedrooms
- Bedroom Features: Entry Level, Other, Primary Bath Shower, Studio
Other Rooms
- Laundry: Washer/Dryer Hook-Up
Additional Information
- Shared Amenities: Elevator(s), Exercise Room, Exterior Lighting, Storage, Other, Pool
- Maint. Includes: All Amenities, Building Exterior, Cable Tv, Common Area, Elevator, Internet/WiFi
- Security/Safety: Elevator Secure, Card Entry, Guard At Site, Lobby Secured, Other
Exterior
- Exterior Features: Other, Barbecue, Open Balcony
- Deck/Patio: Deck, Open Balcony
Parking
- Garage: Yes
- Garage Spaces: 1
- Covered Spaces: 1
- Parking Features: Valet
Location
- Area: 501 First Residences
- County: Miami-Dade County
- Subdivision: 501 First Residences
- Building Name: 501 First Residences
- Driving Directions: Use Google Map or GPS.
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
- Doors: High Impact Doors
- Entry Floor Number: 5
- Building Size: 359
- Square Feet: 359
- Living Area: 359 Sq. Ft.
- Year Built: 2025
Lot Features
- Property View: Other View, Skyline
Financial Considerations
- Price Per Sq. Ft.: $1,389.97
- Association Fee: $562
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: Conventional
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 504 UNDIV 0.14822%
- Restrictions: Ok To Lease, Okay To Lease 1st Year
- Property ID: 01-41-01-008-1390
Listed by Realty One Group Evolution
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Schools
Schools serving 121 NE 5th St #504
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 #504
Date
Details
Price
Change
Source
7/27/2026
Listed
$499,000
—
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 #504
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 #504
121 NE 5th St #504, Miami, FL 33132 (MLS# A12060745) is a Condo property with 0 bedrooms and 1 full bathroom. 121 NE 5th St #504 is currently listed for $499,000 and was received on July 27, 2026. Want to learn more about 121 NE 5th St #504? 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.

