121 NE 5th St 711 Miami, FL $ 594,000
121 NE 5th St 711
$ 594,000
New Construction
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121 NE 5th St 711

Miami, FL, 33132
$ 594,000
Bedrooms1 Baths2.0 Sq 544

Monthly Estimate*

$ 3,751

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Condo for sale in Miami, FL

for $594,000 with 1 bedroom and 2 full baths. This 544 square foot condo was built in 2025.

SELLER MOTIVATED! PRICE REDUCED $69,000 FOR IMMEDIATE SALE. Rare opportunity to own one of Downtown Miami’s most investor-friendly residences. Brand-new, never occupied, and fully furnished with premium designer upgrades throughout. Truly turnkey—just bring your suitcase. Every detail has been thoughtfully curated to deliver a luxury experience for owners and guests alike. One of the few residences in the area with NO RENTAL RESTRICTIONS, allowing short-term rentals, long-term rentals, seasonal use, or owner occupancy with maximum flexibility. Ideal for investors seeking strong income potential in Miami’s rapidly growing Worldcenter district. Features 1 Bedroom + Den, 2 Full Bathrooms, floor-to-ceiling impact glass, private balcony, Italian cabinetry, premium appliances, and designer furnishings included in the sale. The versatile den easily functions as a guest room or home office. Enjoy over 20,000 SF of luxury amenities including rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef’s kitchen, and more. Seller may contribute up to $10,000 toward Buyer’s closing costs, subject to offer terms and lender approval. EASY TO SHOW. Bring all offers.

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Condo Active

Price

$ 594,000

Bedrooms

1

Full Bath

2

Property Type

Condo

Taxes

$ 0

Style

Year Built

2025

Town/City

Miami

County/Region

Miami-Dade

MLS | Web ID

A12029991

Features
General
Heating Electric Other
Cooling Other
Possession Closing & Funding Close Of Escrow
Appliances Dryer Dishwasher Electric Range Electric Water Heater Disposal Ice Maker Microwave Refrigerator Self Cleaning Oven Washer
Development Status New Construction
HOA Fee 892
Garage Spaces 2
Association Fee Includes Amenities Common Areas Cable TV Insurance Internet Roof Sewer Security Trash Water
Patio/Porch Features Balcony Deck Open
Architectural Style High Rise Other
Pool Features Association
Security Features Elevator Secured Fire Alarm Key Card Entry Lobby Secured Smoke Detector(s)
Restrictions Daily Rentals Allowed Exterior Alterations No Boats No Motorcycles No RV No Truck Other Restrictions
Construction Materials Block Other
Pets Allowed Yes
Year Built 2025
View City Other
Unit Number 711
Property Subtype Condominium
Tax Year 2025
Ownership Corporation
Accessibility Accessible Elevator Installed
Assoc Fee Paid Per Monthly
County Miami-Dade
New Construction true
Property Type Residential
Association Amenities Bike Storage Business Center Cabana Clubhouse Fitness Center Barbecue Picnic Area Pool Storage Elevator(s)
Subdivision Name 501 First Residences
Garage Y/N true
Total Rooms 0
Full Baths 2
Special Listing Conditions Listed As-Is
Status Active
High School School for Adv Studies Wolfson
City Miami
Disclosures None Owner Is Listing Agent
Entry Location 7
Senior Community Y/N false
MLS Area 41
Lot Size Units Square Feet
Carport Spaces 0
Carport Y/N false
Listing Terms Cash Conventional
Elementary School Wheatley; Phyllis
Property Attached Y/N true
Year Built Details New Construction
Tax Annual Amount 0
Lease Considered Y/N false
Virtual Tour https://www.propertypanorama.com/instaview/mia/A12029991
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Condominium
Legal Description 501 FIRST RESIDENCES CONDO UNIT 711 UNDIV 0.22466% INT IN COMMON ELEMENTS OFF REC 35067-4463
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Interior
Interior Amenities Bedroom on Main Level Breakfast Area Closet Cabinetry Living/Dining Room Custom Mirrors Other Pantry Shower Only Elevator
Flooring Other Tile
Furnished Y/N Furnished
Total Stories 40
Heating Y/N true
Window Features Other Impact Glass
Total Bedrooms 1
Entry Level 7
Total Baths 2
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Exterior
Exterior Amenities Balcony Barbecue Deck
Parking Features None Two or More Spaces Valet
Building Area Total 544
Waterfront Y/N false
Covered Spaces 2
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* Excluded Features
List By
Realty One Group Estates

Broker

claudialoan@yahoo.com

Email

Affordability Calculator

$3,751
Per Month
100%
0%
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Monthly Principal & Interest
$3,751
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
0 Elementary School
4729965 Middle School
School for Adv Studies Wolfson High School High School
Pricing History
DatePricePrice ChangeDescription
7/23/2026$594,000 -0.83% Price Down
6/13/2026$599,000 -6.26% Price Down
6/12/2026$639,000 -4.48% Price Down
6/3/2026$669,000 Listed Price

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121 NE 5th St 711, Miami, FL, 33132 is a Condo for sale at $594,000 with 544 sqft. 121 NE 5th St 711 has 1 bedrooms, 2.0 baths, and was built in 2025. The property's zip code is 33132 which is in Miami, FL