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Homes for sale in Miami
Condominium

121 NE 5th St # 3704

Miami, FL 33132
$500,000
Baths
1
Sq ft
402
Year built
2025
Price per sq ft
$1,244

Listing courtesy of Peggy Olin, One World Properties

About this home

BRAND NEW CONSTRUCTION! DEVELOPER UNIT! Studio / 1 Bath | 402 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, offering 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.

Details

Property

Type
Condominium
Style
High Rise
Building
Condo 5+ Stories
Year built
2025
Stories
40
Building name
501 First Residences
Subdivision
501 First Residences
County
Miami-Dade County
View
Other View

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Other Equipment/Appliances, Refrigerator, Washer
Cooling
Central Air
Features
Elevator

Exterior and parking

Exterior
Barbeque, Courtyard
Parking
Valet

Community and fees

Association fee
$589 monthly
Amenities
Barbecue, Business Center, Clubhouse-Clubroom, Community Room, Exercise Room, Pool
Maintenance includes
All Amenities, Common Area, Elevator, Manager, Other Maintenance Includes, Security
Security
Smoke Detector, Elevator Secure, Card Entry, Lobby Secured, Security Patrol, TV Camera
Terms
All Cash, Conventional, FHA

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 September 2, 2026.