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121 NE 5 ST Unit 3112, Miami, Florida 33132

Active For Sale
$850,000
  • Beds 2
  • Baths 2
  • Sq Ft 757 Sqft
  • Visits: 11 in 10 days

Description

This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami’s fastest-growing neighborhoods.

Features

  • Swimming Pool: Association
  • Heating System: Electric
  • Cooling System: Electric
  • Pet Policy: Yes, No Pet Restrictions
  • Security: Lobby Secured
  • Patio: Balcony, Open
  • Parking: Valet

Appliances

  • Appliances: Dryer, Dishwasher, Microwave, Refrigerator, Washer, Disposal

Address Map

  • Country: US
  • State: FL
  • County: Miami-Dade
  • City: Miami
  • Subdivision: 501 FIRST RESIDENCES CONDO
  • Zipcode: 33132
  • Street: 5 ST
  • Street Number: 121
  • Floor Number: 0
  • Longitude: W81° 48' 29.5''
  • Latitude: N25° 46' 44.9''
  • UnitNumber: 3112
  • Street Dir Prefix: NE
  • MLS Area: 59

MLS Addon

  • Association Amenities: Fitness Center, Pool, Business Center
  • Association Fee: $1,240
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Amenities, Maintenance Structure, Common Areas, Security
  • Close Price: $0
  • Exterior Features: Balcony
  • Flooring: Ceramic Tile
  • Garage Spaces: 1
  • Insurance Expense: $0
  • Interior Features: Bedroom on Main Level, First Floor Entry
  • Listing Terms: Cash, Conventional
  • New Taxes Expense: $0
  • Stories Total: 40
  • Tax Annual Amount: $0
  • Tax Year: 2025

Location

Listing Updated: 2026-04-18 01:10:12

  • Parent : 121:NE:5 ST:33132:Miami
  • Property Type : Condominium
  • Property Sub Type : Condominium
  • Listing Type : For Sale
  • Listing ID : A12000487
  • Price : $850,000
  • View : Ocean, Water
  • Bedrooms : 2
  • Bathrooms : 2
  • Full Bathrooms : 2
  • Half Bathrooms : 0
  • Square Footage : 757 Sqft
  • Year Built : 2025
  • Lot Area : 0 Acre
  • Listing Status : Active
  • Days On Market : 10
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