$594,900
NEW CONSTRUCTION $10K PRICE DROP

121 NE 5th St Unit 3313 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $3,979/month

Total Views 1,010
1 Bed
1.5 Baths
591 Sq Ft
$1,007 Price per Sq Ft

Highlights

  • Doorman
  • 1-minute walk to College North
  • New Construction
  • Fitness Center
  • Cabana
  • Bay View

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.

Co-Listing Agent

Alida Aponte Schepps

Related General Realty, LLC.

Related General Realty, LLC.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025 | New Construction

Lot Details

  • East Facing Home

Home Design

  • Entry on the 33rd floor
  • Concrete Siding
  • Block Exterior

Interior Spaces

  • 591 Sq Ft Home
  • Furnished
  • Built-In Features
  • Bay Views

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Closet Cabinetry

Laundry

  • Dryer
  • Washer

Home Security

Outdoor Features

  • Cabana
  • Balcony

Utilities

  • Central Air
  • Heating Available

Community Details

Overview

  • Association fees include management, common areas, hot water, ground maintenance, parking, pool(s), recreation facilities, sewer, security, trash, water
  • 448 Units

Amenities

  • Doorman
  • Sauna
  • Clubhouse
  • Business Center
  • Elevator
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 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

Listing Details

  • Co List Office Phone: 305-932-6365
  • Entry Level: 33
  • MLS Status: Active
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Prop. Type: Residential
  • Standard Status: Active
  • Subdivision Name: 501 First Residences
  • Year Built: 2025
  • Year Built Details: New
  • OriginatingSystemListAgentMemberKey: 78152753
  • Special Features: 4098

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Furnished: Furnished
  • Interior Amenities: Built-in Features, Closet Cabinetry
  • Living Area: 591.0
  • Spa Features: Community

Exterior Features

  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Exterior Features: Balcony
  • Other Structures: Cabana
  • Patio And Porch Features: Balcony, Open
  • Pool Features: Community
  • Property Condition: New Construction
  • View: Bay
  • View: Yes
  • Waterfront Features: Bayfront
  • Waterfront: No

Garage/Parking

  • Parking Features: Other, See Remarks, Valet

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Security: Door Man, Lobby Secured, Fire Sprinkler System, Smoke Detector(s)

Condo/Co-op/Association

  • Amenities: Elevator(s)
  • Community Features: Business Center, Clubhouse, Elevator, Fitness Center, Pool, Sauna
  • Pets Allowed: Pet Restrictions
  • Senior Community: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Hot Water, Maintenance Grounds, Other, Parking, Pool(s), Recreation Facilities, Sewer, Security, Trash, Water

Multi Family

  • Number Of Units In Community: 448

Tax Info

  • Tax Year: 2025

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
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: Martin County REALTORS® of the Treasure Coast

Source: Martin County REALTORS® of the Treasure Coast

MLS Number: A12004132

Martin County REALTORS® of the Treasure Coast
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.

Martin County REALTORS® of the Treasure Coast All listings featuring the MCRTC logo are provided by Martin County REALTORS® of the Treasure Coast, Inc. Multiple Listing Service. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Martin County REALTORS® of the Treasure Coast, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Listing broker has attempted to offer accurate data, but buyers are advised to confirm all information.

Nearby Homes
Alida Aponte Schepps
Listing Agent
Alida Aponte Schepps
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Related General Realty, LLC.
(786) 801-7332
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