121 NE 5th St # 1703, Miami FL 33132 | Miami, FL | 1 Bed 2 Bath | $550K | Brickellsold

Condo ownership cost

True Monthly Ownership Cost

A buyer-facing estimate built only from reported MLS figures. Not a loan offer or a substitute for association documents.

Known monthly costsEstimate

HOA / association fee: $892/moListed $892 monthly
Property tax: Not reported
Known monthly subtotal: $892/mo

Financing assumptionsEditable

Adjust these to match your quote. Mortgage shown is principal & interest only.

Down payment %

Interest rate %

Term (years)

Estimated mortgage (P&I): $2,781/mo
Estimated total (with mortgage): $3,673/mo

Not included — unknown or not verified

Mortgage principal & interest (shown separately as an editable estimate)
Homeowners / hazard insurance
Utilities and internet
Special assessments or pending repairs
Parking, storage, and other association fees

Estimates only — based on the listing's reported HOA and prior-year tax figures and your financing inputs. Confirm exact fees, taxes, insurance, utilities, and any assessments with the association, a licensed lender, and public records before making a decision.

Purchase tax estimate Florida insurance guide Request condo documents & cost review

Price History

Event	Price	Date
Original list price	$549,900	Oct 20, 2026

Similar Properties

Unit No. 1703

121 NE 5th St # 1703, Miami FL 33132

Miami , Miami-Dade County

1-Bed Condominium at 501 First Residences Condo in Miami

$549,900

Brickellsold Estimate* (fallback: list price)$549,900 (list price)

For Sale

bedroom

bathrooms

Square Footage

544

Type of Property

Condominium, Residential

Details

Overview

Sub Type

Condominium

Price Per Sqft

$1,011/sqft

Built In

2025

Association Fee

$892/mo HOA

Description

BRAND NEW CONSTRUCTION! Beautiful 1 Bed + DEN / 2 Baths. Fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes and designer furnishings. Outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals, long-term rentals, seasonal use, or full-time owner occupancy with complete flexibility. Features include floor-to-ceiling impact glass, a private balcony, Italian cabinetry, premium appliances. Residents enjoy access to more than 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and much more. Easy to show.

This condominium home located at 121 NE 5th St # 1703, Miami FL 33132 is currently for sale and has been available on Brickellsold for 1 day. This property is listed at $550K. It has 1 beds, 2 bathrooms, and is 544 square feet. It was built in 2025. 121 NE 5th St # 1703, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bedrooms

Bathrooms

Bathrooms Full

Features

Flooring: Ceramic Floor
Common walls with other units/homes: High Rise

Heating

Central

Cooling

Central Air

Appliances

Dishwasher, Microwave, Refrigerator

Total structure area

544

Total interior livable area

544 sqft

Property

Parking

Parking Features: 1 Space,Valet

Parcel Number

01-41-01-008-1160

Features

Entry location: Other
Exterior Features: Open Balcony
Has View: Yes
View Description: Skyline

Construction

Property subtype

Condominium, Residential

Attached to another structure

Yes

Materials

Concrete Block Construction

Condition

New Construction: Yes
Year Built: 2025

Community & HOA

Community

Security Features: Elevator Secure, Card Entry
Subdivision: 501 First Residences Condo

HOA

Has HOA: Yes
Amenities: Barbecue, Business Center, Elevator(s), Exercise Room, Pool
HOA Fees: $892/mo

Region

Miami

Financial

Price Per Sqft

$1,011/sqft

Association Fee

$892/mo

On Market Date

10/19/2026

Listing Terms

All Cash, Conventional

Metadata

Added

10/20/2026

Updated

10/21/2026

MLS#

A12110051

Days on Market

Listed By

Weichert Realtors Capella Estates

Originating MLS

A-Miami Association of REALTORS

Map

FAQs About 121 NE 5th St # 1703, Miami FL 33132

Condo building intelligence

501 First Residences

Active, internet-display-eligible inventory only. Sold listings are excluded.

Combined across 10 MLS building-name variants matched to the same official address. Median figures use the largest name group.

Active units: 44
Median active ask: $500,000
Active asking range: $345,000–$995,000
Median active HOA: $750/mo*
Median days on market: 134 days
New in last 7 days: 2
Active price reductions: 16
Reductions in last 30 days: 8
Median reduction: 9.3%*
Building year: 2025
MLS flood zones: X
Data refreshed: Oct 26, 2026

Verify flood risk by exact address

The MLS flood-zone field above may be incomplete or outdated. Search the official FEMA map before making an offer, then obtain a property-specific elevation review and insurance quote; a map zone is not an insurance premium.

Search FEMA by property address

Miami-Dade's Storm Surge Planning Zones guide evacuation decisions and are different from FEMA flood zones. Check the exact address before hurricane season.

Check Miami-Dade storm-surge zone

Confirm condo financing before you rely on an estimate

Condo financing can depend on the project, reserves, insurance, litigation, owner occupancy, and your loan program. Search HUD's official FHA project list as a starting point; a lender must confirm current project and borrower eligibility.

Check HUD FHA condo status

Official address matched

Exact address match to one Miami-Dade parent folio: 0101060201150

Checked Oct 19, 2026. Identity match only—not proof of inspection, recertification, SIRS, association registration, or municipal coverage.

View Miami-Dade source query

Documents to verify

Milestone inspection: Not verified — request current association documents
Structural reserve study (SIRS): Not verified — request current association documents
Special assessments: Not verified — request current association documents
Rental policy: Not verified — request current association documents

Check Florida's official SIRS reporting database

DBPR displays association-submitted completion reports. A match does not verify the study's contents, reserve sufficiency, or building condition; obtain and review the current study itself.

Search DBPR SIRS reports

Buyer verification note

MLS fees, flood zones, and active-market summaries are informational. Official portals are search starting points, not proof of compliance, completeness, or municipal coverage. Obtain the current budget, reserves, insurance, inspection reports, assessments, minutes, litigation disclosures, and rental rules before relying on them.

Florida DBPR Inspections and SIRS Miami-Dade Community Association Registry FEMA Flood Map Service Center Miami-Dade official address record · Parent folio 0101060201150 Search Miami-Dade recertification by property address

True Monthly Ownership Cost

Known monthly costsEstimate

Financing assumptionsEditable

Not included — unknown or not verified

Price History

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121 NE 5th St # 1703, Miami FL 33132

1-Bed Condominium at 501 First Residences Condo in Miami

Details

Overview

Description

Interior

Property

Construction

Community & HOA

Financial

Metadata

Map

FAQs About 121 NE 5th St # 1703, Miami FL 33132

FAQs About 121 NE 5th St # 1703, Miami FL 33132

501 First Residences

Documents to verify

Buyer verification note

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