121 NE 5th St # 2611, Miami FL 33132, Miami
$599,900
Miami, FL, 33132
Property details
- Bedrooms
- 1
- Bathrooms
- 2
- Year built
- 2026
- Type
- Condominium
- Association fee
- $895 / monthly
- Days on market
- 116
- MLS #
- A11990531
Listing courtesy of Affinity International Realty · 305-376-4145. Listing agent: Gladys Lell. MLS data last updated 2026-07-21.
Description
Beautiful 1 Bed 1 Den/ 2 Full Baths in the brand new 501 First Residences in Downtown Miami. Spectacular views! Fully furnished and move-in ready, just bring your toothbrush! No rental restrictions-Airbnb allowed. Amazing amenities!!! Don’t miss the opportunity to live in the heart of Miami, where everyone wants to be. Amazing restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short-term rental, it’s the perfect combination. It’s not a condo-hotel. Don’t miss it!!!
121 NE 5th St # 2611, Miami FL 33132, Miami — for sale, listed for $599,900 (1 bed, 2 bath).
Priced like this listing
The 4 active listings closest in price within the same market segment:
Local market report
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $688/sqft — 24.2% above the Miami median asking of $554/sqft.
n=294 · 2026-07-30 · Methodology
What else is available at 501 First Residences?
56 listings are currently active in this building across 51 distinct units (30 × 1-bed, 7 × 2-bed, 19 × studio).
n=56 · 2026-07-30 · Methodology
Run the numbers
Association fee context
The $895 association fee compares with a $836 median across 1,609 1-bed listings for sale in miami that report fees.
n=1,609 · 2026-07-30 · Methodology
About 501 First Residences
501 First Residences: built 2025–2026; current sale asking prices $425,000–$995,000; current rents $2,500–$5,900; association fees $562–$1,300/month.
Market trend (our weekly archive)
Our weekly snapshot archive tracks the median for 1-bed listings for sale in miami: $553/sqft in 2026-W30 to $553/sqft in 2026-W31.
This history is computed from our own recorded market snapshots, not backfilled estimates.
n=1,661 · 2026-07-30 · Methodology
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.