1-Bed Condominium at 501 First Residences in Miami

$585,000

Brickellsold Estimate* (fallback: list price)$585,000 (list price)

Listing courtesy of Potential Property Group; Carolina Preciado. Information from the Southeast Florida Multiple Listing Service is deemed reliable but is not guaranteed accurate.

For Sale
bedroom

1

bathrooms

2

Square Footage

659

Type of Property

Condominium, Residential

Details

Overview

Sub Type
Condominium
Price Per Sqft
$888/sqft
Built In
2026
Association Fee
$893/mo HOA

Description

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light. Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns. Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport. Move-in ready, fully flexible, and perfectly positioned for both living and investment.

This condominium home located at 121 NE 5th St # 2211, Miami FL 33132 is currently for sale and has been available on Brickellsold for 162 days. This property is listed at $585K. It has 1 beds, 2 bathrooms, and is 659 square feet. It was built in 2026. 121 NE 5th St # 2211, Miami FL 33132 is in Miami county Miami-Dade County.

Interior

Bedrooms
1
Bathrooms
2
Bathrooms Full
2
Features
  • Flooring: Ceramic Floor
  • Common walls with other units/homes: High Rise
Heating
Central
Cooling
Central Air
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Electric Water Heater, Microwave, Refrigerator, Trash Compactor, Washer
Total interior livable area
659 sqft

Property

Parking
  • Parking Features: Valet
Parcel Number
01-01-06-020-1150
Features
  • Entry location: Elevator, Entrance Foyer, Den/Library/Office, Family Room, Florida Room, Media Room, Recreation Room
  • Exterior Features: Barbeque, Open Balcony
  • Has View: Yes
  • View Description: Other View, Skyline

Construction

Property subtype
Condominium, Residential
Materials
Concrete Block With Brick
Condition
  • New Construction: Yes
  • Year Built: 2026

Community & HOA

Community
  • Security Features: Doorman, Elevator Secure, Guard At Site
  • Subdivision: 501 First Residences
HOA
  • Has HOA: Yes
  • Amenities: Bar, Barbecue, Business Center, Clubhouse-Clubroom, Laundry, Community Room, Elevator(s), Exercise Room, Heated Pool, Library, Pool, Private Pool, Sauna, Spa/Hot Tub
  • HOA Fees: $893/mo
Region
Miami

Financial

Price Per Sqft
$888/sqft
Association Fee
$893/mo
On Market Date
4/5/2026
Listing Terms
All Cash, Conventional, VA Loan

Metadata

Added
4/6/2026
Updated
9/15/2026
MLS#
A11985345
Days on Market
162
Listed By
Potential Property Group
Originating MLS
A-Miami Association of REALTORS

Neighborhood Insights

School and crime data are from public sources and are informational only.

Nearby Schools

Within 5 miles

  • School For Advanced Studies Wolfson 0.0 mi • K-12
  • New World School of the Arts 0.0 mi • K-12
  • Law Enforcement Officers Memorial Senior High 0.0 mi • K-12
  • School Board Adm - Main Building 0.0 mi • K-12
  • Anna Brenner Meyers Telecommunication Complex 0.0 mi • K-12
  • K-12 Distance Learning 0.0 mi • K-12

Nearby Hospitals

Within 3 miles

No nearby hospitals found.

Crime Overview

Crime data unavailable for this area.

Map

Price History

EventPriceDate
Original list price$630,888Apr 6, 2026
Price change$595,000Sep 15, 2026
Current list price$585,000Sep 15, 2026

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