Condominium

121 NE 5th St # 2411

Miami, FL 33132

$579,900

Beds: 1
Baths: 2
Sq ft: 597
Year built: 2026
Price per sq ft: $971

Listing courtesy of Daniel Rutois, Rutois International Realty LLC

About this home

BY FAR THE BEST DEAL IN DOWNTOWN MIAMI! PRICED WELL BELOW MARKET VALUE. PRICE IS FIRM. Investors, take notice! Modern 1 Bed + Den residence in the heart of Downtown Miami, offering exceptional views and one of the most desirable locations within the building. One of the few opportunities in the area with NO RENTAL RESTRICTIONS, providing maximum flexibility for short-term rentals, long-term income, or personal use. Delivered fully furnished in a brand-new building, this is a true turnkey opportunity. Enjoy top-of-the-line resort-style amenities and an outstanding location just steps from dining, entertainment, shopping and transit. The smart layout maximizes space and functionality, while the combination of location, views and rental flexibility makes this an exceptional investment opportunity. SELLER FINANCING AVAILABLE

Details

Property

Type: Condominium
Style: High Rise
Building: Condo 5+ Stories
Year built: 2026
Stories: 40
Building name: 501 First Residences
Subdivision: 501 First Residences
County: Miami-Dade County
View: Bay, Skyline

Interior

Appliances: Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Washer/Dryer Leased
Flooring: Tile
Cooling: Central Air
Heating: Central
Features: Built-in Features, Closet Cabinetry, Custom Mirrors, Den/Library/Office

Exterior and parking

Exterior: Barbeque
Patio and porch: Deck
Parking: 1 Space, Valet
Construction: CBS Construction

Community and fees

Association fee: $890 monthly
Amenities: Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Pool, Sauna, Spa/Hot Tub, Trash Chute
Maintenance includes: All Amenities, Common Area, Hot Water, Insurance, Internet/WiFi, Landscaping/Lawn Maintenance, Manager, Other Maintenance Includes, Pool Service, Recreation Facilities, Sewer, Trash Removal, Water
Security: Doorman, Elevator Secure, Lobby Secured
Pets: Restrictions Or Possible Restrictions
Terms: All Cash, Conventional
Minimum lease (days): 1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated August 25, 2026.