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$660,000 Just Listed

  • For Sale
  • Active
  • Condo
  • 1 Bed
  • 2 Full Baths
  • 597 Sq. Ft.
  • Updated 4 hours ago
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Highly desirable and most efficient layout is now available in the brand-new 501 Residences! In the heart of Miami Downtown, a fully furnished and turnkey, 1 Bed + Den / 2 Full Baths features 597 SqFt, exceptionally positioned for short term/long term rentals or for immediate move in.Residents and guests enjoy 20,000+ sq ft of resort-style amenities, including 24/7 valet, rooftop pool and hot-tub with panoramic views, state-of-the-art fitness center, co-working spaces, pet lounge, private club suite, media room, and more. Located just steps from Miami Worldcenter, world-class dining, entertainment, transit, and cultural venues, 501 Residences delivers the ultimate walkable downtown lifestyle. The apartment is fully equipped with household essentials, ready to use, and comes with a designated storage unit too. Without rental restrictions on one hand, but without a hectic hotel component either, this building offers a more refined residential experience than other nearby condo-hotel buildings, making it a perfect short term rental investment, a second home, or a combination of both. Don't miss this outstanding income producing opportunity in one of Miami's fastest-growing urban cores.

Full Property Details for 121 NE 5th St #710

General

  • Price: $660,000
  • HOA FEE: $892/month
  • Taxes: (2025)
  • Status: Active
  • Type: Condo
  • Source: Greater_Miami
  • MLS ID: A11972989
  • Updated: 2/27/2026
  • Added to Site: 1 day(s) ago

Interior

  • Interior Features: Built-in Features, Closet Cabinetry, Custom Mirrors, Den/Library/Office
  • Appliances: Trash Compactor, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Washer
  • Flooring: Tile

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Bedrooms

  • Total Bedrooms: 1
  • Bedroom Features: Other

Other Rooms

  • Living Room: Den/Library/Office Sq. Ft.

Additional Information

  • Shared Amenities: Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
  • Maint. Includes: All Amenities, Common Area, Hot Water, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Other Maintenance Includes, Pool Service, Recreation Facilities, Sewer, Trash Removal, Water
  • Security/Safety: Doorman, Elevator Secure, Lobby Secured

Exterior

  • Exterior Features: Barbecue
  • Deck/Patio: Deck

Parking

  • Garage: Yes
  • Garage Spaces: 1
  • Covered Spaces: 1
  • Parking Features: 1 Space, Valet

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
  • Units Assoc/Comm: 448
  • Pets Allowed: 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: Other
  • Doors: High Impact Doors
  • Entry Floor Number: 7
  • Square Feet: 597
  • Sq. Ft. Source: Appraisal
  • Living Area: 597 Sq. Ft.
  • Year Built: 2026
  • Property Condition: New Construction, Under Construction

Unit Information

  • Units in Complex: 448

Lot Features

  • Property View: Skyline

Financial Considerations

  • Price Per Sq. Ft.: $1,105.53
  • Association Fee: $892
  • Assoc Fee Freq.: Monthly
  • Tax Year: 2025
  • Terms: All Cash, Conventional

Disclosures and Reports

  • Legal Description: 121 NE 5th Street #710 MIAMI, FL 33132
  • Restrictions: Daily Rentals Allowed, No Restrictions

Listed by One Sotheby's International Realty

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— 121 NE 5th St #710 —

  • One Sotheby's International Realty

  • One Sotheby's International Realty

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 121 NE 5th St #710

School District:Dade County School District
NameGradesDistance
Frederick R. Douglass Elementary School
314 Northwest 12th Street, Miami, FL 33136
PK-50.7 mi
Jose De Diego Middle School
3100 Northwest 5th Avenue, Miami, FL 33127
6-82 mi
Booker T. Washington Senior High School
1200 Northwest 6th Avenue, Miami, FL 33136
9-120.9 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 121 NE 5th St #710 Get Price Alerts and Save Property

Date
Details
Price
Change
Source
2/26/2026
Listed
$660,000
48.65%
MLS
2/05/2026
Sold
$444,000
—
Public Record
Get Price Alerts and Save Property
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 for 121 NE 5th St #710

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
—
View All
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 for 121 NE 5th St #710

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by One Sotheby's International Realty

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121 NE 5th St #710, Miami, FL 33132 (MLS# A11972989) is a Condo property with 1 bedroom and 2 full bathrooms. 121 NE 5th St #710 is currently listed for $660,000 and was received on February 26, 2026. Want to learn more about 121 NE 5th St #710? 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.

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