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$669,000 Just Listed
Property Description
BRAND NEW, FULLY FURNISHED, INVESTOR FRIENDLY, MOVE IN READY, PET FRIENDLY, STR. Welcome to 501 First Residences, one of Downtown Miami's newest luxury addresses. This fully furnished 1 Bedroom + Den | 2 Full Bathrooms residence offers modern elegance, sophisticated design, and an unbeatable location in the center of Miami's vibrant urban lifestyle. Featuring floor-to-ceiling impact glass, a spacious private balcony, sleek Italian cabinetry, premium appliances, designer finishes, and a versatile den perfect for a home office or guest space. Enjoy over 20,000 SF of world-class amenities, including: Rooftop resort-style pool Hydrotherapy spa & wellness areas HOMAGE fitness center Yoga & meditation spaces Chef's kitchen & entertainment lounge Greenhouse retreat Grooming Saloon Private social and co-working spaces Located just steps from Miami Worldcenter, Bayside Marketplace, Bayfront Park, Kaseya Center, Brightline Station, restaurants, shopping, and entertainment, with direct access to the Metromover connecting you to Brickell, the Design District, and beyond. Live, Invest, or Vacation in one of Miami's most exciting new destinations. EASY TO SHOW!
Full Property Details
Full Property Details for 121 NE 5th St #711
General
- Price: $669,000
- HOA FEE: $892/month
- Taxes: (2025)
- Status: Active
- Type: Condo
- Source: Greater_Miami
- MLS ID: A12029991
- Updated: 6/7/2026
- Added to Site: 5 day(s) ago
Interior
- Interior Features: Lobby, Closet Cabinetry, Custom Mirrors, Other, Pantry, Den/Library/Office
- Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Ice Maker, Microwave, Refrigerator, Self-Cleaning Oven, Washer
- Furnishings: Furnished, Turn Key Furnished
- Flooring: Other, Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
- Primary Bathroom: 2 Primary Bathrooms, Shower Only
Bedrooms
- Total Bedrooms: 1
- Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Primary Bath Shower, Studio
Other Rooms
- Living Room: Den/Library/Office Sq. Ft.
- Dining Room: Breakfast Area, Dining/Living Room, Other
Additional Information
- Shared Amenities: Barbecue, Bike Storage, Business Center, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Storage, Pool, Private Pool
- Maint. Includes: All Amenities, Cable Tv, Common Area, Elevator, Insurance, Internet/WiFi, Roof Repairs, Security, Sewer, Trash Removal, Water
- Security/Safety: Fire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured
- Equipment: Elevator
Exterior
- Exterior Features: Other, Barbecue, Open Balcony
- Deck/Patio: Open Balcony
Parking
- Parking Features: None, Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers
Location
- Area: 501 First Residences
- County: Miami-Dade County
- Subdivision: 501 First Residences
- Building Name: 501 First Residences
School Information
- Elementary School: Wheatley; Phyllis
- High School: School for Adv Studies Wolfson
Community
- Community Name: 501 First Residences
- Association: Yes
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Other
- Heating Type: Electric, Other
Structural Information
- Architectural Style: High Rise
- Structure Type: Condo 5+ Stories, Condo
- Detached/Attached: Attached
- Construction: CBS Construction, Other
- Windows: Clear Impact Glass, Impact Glass, Other Windows
- Entry Floor Number: 7
- Building Size: 544
- Square Feet: 544
- Living Area: 544 Sq. Ft.
- Year Built: 2025
- Property Condition: New Construction
Lot Features
- Property View: Other View, Skyline
Financial Considerations
- Price Per Sq. Ft.: $1,229.78
- Association Fee: $892
- Assoc Fee Freq.: Monthly
- Tax Year: 2025
- Terms: All Cash, Conventional
Disclosures and Reports
- Legal Description: 501 FIRST RESIDENCES CONDO UNIT 711 UNDIV 0.22466% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Restrictions: Daily Rentals Allowed, Exterior Alterations, Other Restrictions
- Inclusions: None
- Property ID: 01-41-01-008-3790
Listed by Realty One Group Estates
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Schools
Schools serving 121 NE 5th St #711
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 #711
Date
Details
Price
Change
Source
6/02/2026
Listed
$669,000
—
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 #711
Year
Property Taxes
Change
Tax Assessment
Change
2024
$85,707
—
$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 #711
121 NE 5th St #711, Miami, FL 33132 (MLS# A12029991) is a Condo property with 1 bedroom and 2 full bathrooms. 121 NE 5th St #711 is currently listed for $669,000 and was received on June 02, 2026. Want to learn more about 121 NE 5th St #711? 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.
