121 NE 5 St 801B

About this home

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.

Facts & features

MLS ID

A11981555

Property type

Condominium

Neighborhood

Miami

Building

501 FIRST Residences

Year built

2026

Baths

1

HOA

$563 per month

Pets

Yes — dogs

Waterfront

No

Covered parking

0

Floor

8

Listed

Mar 19, 2026

Days on market

168

Reduced from

$410,000

Financing accepted

Cash, Conventional

Listing conditions

Listed as is

Appliances

Dishwasher, Electric water heater

Interior features

Bedroom on main level, Closet cabinetry

Exterior features

Balcony

Flooring

Tile

Parking

Valet

Pool

Association

Security

Door man

Cooling

Central air

HOA covers

Amenities, Trash, Water

Schools

Zoned public schools by county attendance boundary. Boundaries change — confirm enrollment eligibility with the school district before relying on this. Letter grades and School of Excellence designations are the Florida Department of Education’s, each for the year shown beside it.

Elementary

Douglass, Frederick ElementaryB2025-26Florida Department of Education school grade B, 2025-26 school year

Middle

de Diego, Jose MiddleB2025-26Florida Department of Education school grade B, 2025-26 school year

High

Washington, Booker T. Senior HighB2025-26Florida Department of Education school grade B, 2025-26 school year

Location

121 NE 5 St 801B