121 NE 5 St # 801B, Miami FL 33132, Miami
$395,000
Miami, FL, 33132
Property details
- Bedrooms
- 0
- Bathrooms
- 1
- Year built
- 2025
- Type
- Condominium
- Association fee
- $563 / monthly
- Days on market
- 126
- MLS #
- A11981555
Listing courtesy of Douglas Elliman · 305-695-6060. Listing agent: Michael Mann. MLS data last updated 2026-07-23.
Description
501 First Residences brand new modern luxury studio, which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and a sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, a fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.
121 NE 5 St # 801B, Miami FL 33132, Miami — for sale, listed for $395,000 (0 bed, 1 bath).
Run the numbers
Availability in 501 FIRST RESIDENCES
5 listings are currently active in this building across 5 distinct units (1 × 1-bed, 4 × studio).
n=5 · 2026-07-25 · Methodology
Closest-priced alternatives
The 4 active listings closest in price within the same market segment:
How long has it been listed?
126 days so far — the median among 136 active studio listings for sale in 33132 is 85 days, putting this listing at the 70% percentile for market time.
n=136 · 2026-07-25 · Methodology
About 501 FIRST RESIDENCES
501 FIRST RESIDENCES: built 2025–2026; current sale asking prices $395,000–$585,000; current rents $2,500–$2,500; association fees $563–$877/month.
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $1,253/sqft — 15.9% above the Miami median asking of $1,081/sqft.
n=119 · 2026-07-25 · Methodology
Observed price & status history
Asking price reduced from $410,000 to $395,000.
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-25 · Methodology
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