$605,000
NEW CONSTRUCTION

121 NE 5th St Unit 3706 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $4,719/month

Total Views 21
1 Bed
1.5 Baths
561 Sq Ft
$1,078 Price per Sq Ft

Highlights

  • Valet Parking
  • 1-minute walk to College North
  • Clubhouse
  • Fitness Center
  • New Construction
  • Community Pool

About This Home

DEVELOPER UNIT! 1 Bedroom / 1.5 Bathrooms | 561 SF | South-Facing Exceptional opportunity to own a brand-new, fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes throughout and move-in ready, this residence offers outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals. Ideally located in the vibrant Miami Worldcenter district. The residence features floor-to-ceiling impact-resistant glass, a private balcony, Italian cabinetry, high-end appliances, and designer furnishings included in the sale. Residents enjoy over 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, coworking spaces, a chef's kitchen, and much more. Easy to show.

Listing Agent

Peggy Olin

One World Properties License #706658 Listed on: 07/08/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $827 Monthly HOA Fees

Home Design

  • 561 Sq Ft Home
  • Entry on the 37th floor

Kitchen

  • Electric Range
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Dryer
  • Washer

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Courtyard
  • Outdoor Grill

Utilities

  • Central Air
  • Heating Available

Additional Features

  • Property Views

Listing and Financial Details

  • Assessor Parcel Number 01-41-01-008-2380

Community Details

Overview

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

Amenities

  • Valet Parking
  • Community Barbecue Grill
  • Clubhouse
  • Business Center
  • Community Center
  • Party Room
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Service
  • Card or Code Access
  • Secure Elevator
  • High Impact Door
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2025 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$827 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Condominium
  • Architectural Style: High Rise
  • Directions: 501 First Residences 121 NE 5th St, Miami, FL 33132
  • Entry Level: 37
  • 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: 605000
  • InternetRemarks: DEVELOPER UNIT! 1 Bedroom / 1.5 Bathrooms | 561 SF | South-Facing Exceptional opportunity to own in the heart of Downtown Miami.
  • ShowingTimeFlag: No
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Other Equipment/Appliances, Refrigerator, Washer
  • Interior Amenities: Elevator, Other
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: High Impact Doors
  • Flooring: Other
  • Living Area: 561
  • Stories: 40
  • Window Features: Other Windows
  • Bedroom Features: Other

Exterior Features

  • View: Other View
  • Exterior Features: Other, Barbeque, Courtyard
  • Construction Type: Other
  • Pool Private: No
  • Property Condition: New Construction
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Security: Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, Other, Security Patrol, TV Camera

Condo/Co-op/Association

  • Association Fee: 827
  • Amenities: Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Other, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-01-008-2380

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
07/08/2026 07/08/26 For Sale $605,000 -- $1,078 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A12050437

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

121 NE 5th St Unit 3706, 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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Peggy Olin
Listing Agent
Peggy Olin
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One World Properties
(786) 972-6222
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