$955,000
NEW CONSTRUCTION

121 NE 5th St Unit 3712 Miami, FL 33132

Downtown Miami Neighborhood

Estimated payment $5,494/month

Total Views 21
2 Beds
2 Baths
757 Sq Ft
$1,262 Price per Sq Ft

Highlights

  • Valet Parking
  • 1-minute walk to College North
  • Bar or Lounge
  • Ocean View
  • Community Cabanas
  • Fitness Center

About This Home

Located in the heart of Downtown Miami, this 37th-floor corner unit offers spectacular bay and city views and comes fully furnished with two bedrooms. It is an inviting space suitable for short-term rentals or personal use and is move-in ready. The building offers excellent amenities, including a secure lobby, multiple elevators, a gym, social rooms, a library, an event hall, coworking areas, a reading room, private offices, wellness spaces, a pool with a BBQ area, cabanas, an outdoor cinema, a Jacuzzi, and much more. Its prime location allows for walking access to Miami Worldcenter and its shops, Bayside Marketplace and its restaurants, the Brickell financial district, Brickell City Centre, cultural centers, entertainment venues, and nightlife; it is also steps away from the Kaseya Center—home to concerts and basketball games—as well as the Port of Miami and the Metromover and Brightline stations. Everything is just minutes away.

Listing Agent

Patricia Zacapa Alvarado

Canvas Real Estate License #3534847 Listed on: 08/25/2026

Canvas Real Estate

Co-Listing Agent

Ivonne Ruiz

Canvas Real Estate License #3256333

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $150 Monthly HOA Fees

Property Views

  • Ocean
  • Bay

Home Design

  • Entry on the 37th floor

Interior Spaces

  • 757 Sq Ft Home
  • Family Room
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Video Cameras

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Utility Room
  • Dryer

Utilities

  • Central Air
  • Heating Available
  • Electric Water Heater

Additional Features

  • Balcony
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 01-41-01-008-4510

Community Details

Overview

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

Amenities

  • Valet Parking
  • Sauna
  • Clubhouse
  • Business Center
  • Community Library
  • Bar or Lounge
  • Lobby
  • Secure Lobby

Recreation

  • Fitness Center
  • Community Cabanas
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Security Guard
  • Secure Elevator

Property Details

Home Type

Condominium

Year Built

Built in 2025 | New Construction

Lot Details

0 Sq Ft Lot

HOA Fees

$150 per month

Listing Details

  • Property Type: Residential
  • Year Built: 2025
  • Property Sub Type: Condominium
  • Architectural Style: Corner Unit, High Rise
  • Co List Office Mls Id: CREE07
  • Co List Office Phone: 754-704-4242
  • Entry Level: 37
  • Garage Yn: No
  • Horses: No
  • Inclusions: None
  • New Construction: No
  • Property Attached Yn: Yes
  • Structure Type: Condo 5+ Stories, Condo
  • Subdivision Name: 501 First Residences
  • Year Built Details: Effective Year Built
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • CurrentPrice: 955000
  • InternetRemarks: Located in the heart of Downtown Miami, this 37th-floor corner unit offers spectacular bay and city views and comes fully furnished with two bedrooms
  • ShowingTimeFlag: No
  • Special Features: 4098

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave
  • Interior Amenities: Lobby, First Floor Entry, Family Room, No Additional Rooms, Utility Room/Laundry
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Ceramic Floor, Tile
  • Living Area: 757
  • Stories: 40
  • Bedroom Features: Primary Bath Shower
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Family Room, No Additional Rooms, Utility Room/Laundry
  • Master Bathroom Features: Shower Only

Exterior Features

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

Garage/Parking

  • Park Building Name: 501 Ressidnces
  • Parking Features: Valet, Limited # Of Vehicle

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Electric
  • Heating Yn: Yes
  • Laundry Features: Utility Room/Laundry
  • Security: Elevator Secure, Guard At Site, Lobby Secured, TV Camera

Condo/Co-op/Association

  • Association Fee: 150
  • Amenities: Bar, Business Center, Cabana, Clubhouse-Clubroom, Elevator(s), Exercise Room, Library, Pool, Sauna
  • Association Fee Frequency: Monthly
  • Association: Yes

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 01-41-01-008-4510

Tax Info

  • Tax Year: 2026

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax 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.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,257 $336,800 $60,100 $276,700
2024 $1,068 $297,700 $60,100 $237,600
2023 $939 $285,600 $57,100 $228,500
2022 $858 $222,100 $47,000 $175,100
2021 $805 $213,400 $45,700 $167,700
2020 $825 $205,700 $42,700 $163,000
2019 $835 $204,800 $42,700 $162,100
2018 $898 $204,800 $42,700 $162,100
2017 $860 $195,800 $42,700 $153,100
2016 $855 $195,400 $42,700 $152,700
2014 $728 $174,400 $27,900 $146,500
2013 $728 $176,000 $27,900 $148,100
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
08/25/2026 08/25/26 For Sale $955,000 -- $1,262 / Sq Ft
Source: MIAMI REALTORS® MLS

Source: MIAMI REALTORS® MLS

MLS Number: A12076236

MIAMI REALTORS® MLS
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