$959,000
NEW CONSTRUCTION $10K PRICE INCREASE

121 NE 5th St Unit 1712 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $7,349/month

Total Views 665
2 Beds
2 Baths
757 Sq Ft
$1,267 Price per Sq Ft

Highlights

  • Valet Parking
  • 1-minute walk to College North
  • Bay View
  • Fitness Center
  • New Construction
  • Waterfront

About This Home

Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef’s kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.

Listing Agent

Claudia Castano Barroso

Realty One Group Estates License #3327093 Listed on: 05/25/2026

Realty One Group Estates

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Waterfront
  • End Unit
  • East Facing Home

HOA Fees

  • $1,300 Monthly HOA Fees

Property Views

  • Bay
  • Skyline

Home Design

  • Entry on the 17th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 757 Sq Ft Home
  • Furnished
  • Furniture Available With House
  • Family Room
  • Combination Dining and Living Room
  • Storage Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Concrete
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Main Floor Bedroom
  • Closet Cabinetry
  • Two Primary Bathrooms
  • 2 Full Bathrooms
  • Soaking Tub and Shower Combination in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Home Security

Accessible Home Design

  • Accessible Elevator Installed
  • Accessible Entrance

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 01-41-01-008-4310

Community Details

Overview

  • 470 Units
  • High-Rise Community
  • 501 First Residences Condos
  • 501 First Residences Subdivision
  • The community has rules related to no motorcycles, no recreational vehicles or boats, no trucks or trailers
  • 40-Story Property

Amenities

  • Valet Parking
  • Sauna
  • Community Center
  • Party Room
  • Lobby
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Breed Restrictions

Security

  • Card or Code Access
  • Secure Elevator
  • Clear Impact Glass
  • High Impact Door

Property Details

Home Type

Condominium

Year Built

Built in 2025 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$1,300 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Ownership: Limited Partnership
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Entry Level: 17
  • Garage Yn: No
  • Horses: No
  • New Construction: Yes
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 501 First Residences
  • Year Built Details: New Construction
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 959000
  • InternetRemarks: Fully furnished luxury 2BD/2BA residence at 501 First Residences in Downtown Miami. Brand-new unit
  • ShowingTimeFlag: Yes
  • Special Features: 4098

Interior Features

  • Appliances: Trash Compactor, Dishwasher, Disposal
  • Interior Amenities: Lobby, Closet Cabinetry, Other, Family Room, Storage
  • Accessibility Features: Accessible Elevator Installed, Accessible Entrance
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: High Impact Doors
  • Flooring: Concrete, Other, Tile
  • Furnished: Furnished, Furniture Only
  • Living Area: 757
  • Stories: 40
  • Window Features: Clear Impact Glass
  • Bedroom Features: At Least 1 Bedroom Ground Level, Entry Level, Other, Primary Bath Shower
  • Dining Room Features: Breakfast Area, Dining/Living Room, Other
  • Living Room Features: Family Room, Other, Storage Room
  • Master Bathroom Features: 2 Primary Bathrooms, Shower Only, Tub Only

Exterior Features

  • View: Bay, Other View, Skyline
  • Exterior Features: Open Balcony
  • Construction Type: Concrete Block Construction, CBS Construction, Other
  • Direction Faces: East
  • Patio And Porch Features: Open Balcony
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront Features: Waterfront
  • Waterfront: Yes

Garage/Parking

  • Park Building Name: 501 First Residences
  • Parking Features: Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Security: Elevator Secure, Card Entry, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 1300
  • Amenities: Community Room, Elevator(s), Exercise Room, Other, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Homeowners

Lot Info

  • Parcel Number: 01-41-01-008-4310

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025

Multi Family

  • Number Of Units In Community: 470
  • Number Of Units Total: 470

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/08/2026 08/08/26 Price Changed $959,000 0.0% $1,267 / Sq Ft
08/08/2026 08/08/26 Price Changed $5,399 0.0% $7 / Sq Ft
06/02/2026 06/02/26 Price Changed $978,000 +3.1% $1,292 / Sq Ft
05/25/2026 05/25/26 For Sale $949,000 0.0% $1,254 / Sq Ft
05/25/2026 05/25/26 For Rent $5,900 -- --
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A12024881

MIAMI REALTORS® MLS
Florida Miami/Dade County Miami 33132 Downtown Miami

121 NE 5th St Unit 1712, Miami, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Claudia Castano Barroso
Section Image
Realty One Group Estates
(645) 228-9207
Your Personal Tour Guide

Ask me questions while you tour the home.