$594,900
NEW CONSTRUCTION $10K PRICE DROP

121 NE 5th St Unit 3313 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,741/month

Total Views 927
1 Bed
1.5 Baths
591 Sq Ft
$1,007 Price per Sq Ft

Highlights

  • Doorman
  • Property Fronts a Bay or Harbor
  • New Construction
  • Community Cabanas
  • Fitness Center
  • Clubhouse

About This Home

Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.

Listing Agent

Vivian Aponte Blane

The Keyes Company License #0707462 Listed on: 04/24/2026

The Keyes Company

Co-Listing Agent

Alida Aponte Schepps

Related General Realty, LLC. License #3276216

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025 | New Construction

Lot Details

  • Property Fronts a Bay or Harbor
  • East Facing Home

HOA Fees

  • $870 Monthly HOA Fees

Parking

  • 1 Car Parking Space

Property Views

  • Bay
  • Skyline

Home Design

  • Entry on the 33rd floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 591 Sq Ft Home
  • Furnished
  • Built-In Features
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • Closet Cabinetry
  • Bathtub
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Balcony

Utilities

  • Central Air
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 01-41-01-008-4720

Community Details

Overview

  • 448 Units
  • High-Rise Community
  • 501 First Residences Condos
  • 501 First Residences Subdivision
  • 40-Story Property

Amenities

  • Doorman
  • Valet Parking
  • Sauna
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Elevator
  • Lobby
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Cabanas
  • Heated Community Pool
  • Community Spa

Pet Policy

  • Breed Restrictions

Security

  • High Impact Door
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2025 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$870 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Co List Office Mls Id: RISR01
  • Co List Office Phone: 305-932-6365
  • Entry Level: 33
  • Road Frontage Type: Bay
  • 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: 594900
  • InternetRemarks: xperience upscale city living at 501 First Residences, a new 40-story condominium in Downtown Miami offering no rental restrictions
  • ShowingTimeFlag: Yes
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Dryer, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Lobby, Built-in Features, Closet Cabinetry, Fire Sprinklers
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Tile
  • Furnished: Furnished
  • Living Area: 591
  • Stories: 40
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bath Shower, Primary Bath Tub
  • Master Bathroom Features: None

Exterior Features

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

Garage/Parking

  • Park Building Name: 501 First Residences
  • Parking Features: 1 Space, Other, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Fire Sprinklers, Smoke Detector, Doorman, Lobby Secured

Condo/Co-op/Association

  • Association Fee: 870
  • Amenities: Business Center, Cabana, Clubhouse-Clubroom, Community Room, Elevator(s), Exercise Room, Heated Pool, Other, Pool, Sauna, Spa/Hot Tub
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-01-008-4720

Rental Info

  • Pets Allowed: Restrictions Or Possible Restrictions

Tax Info

  • Tax Year: 2025

Multi Family

  • Number Of Units In Community: 448
  • Number Of Units Total: 448

Map

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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
06/16/2026 06/16/26 Price Changed $594,900 0.0% $1,007 / Sq Ft
05/12/2026 05/12/26 For Rent $3,100 0.0% --
04/24/2026 04/24/26 For Sale $605,000 -- $1,024 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A12004132

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

121 NE 5th St Unit 3313, 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.

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Vivian Aponte Blane
Listing Agent
Vivian Aponte Blane
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The Keyes Company
(305) 778-8947
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