121 NE 5th St 1703

About this home

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,…

Facts & features

MLS ID

A12110051

Property type

Condominium

Neighborhood

Miami

Building

501 FIRST Residences

Year built

2026

Beds

1

Baths

2

Interior

544 sq ft

Price per sq ft

$1,011

HOA

$892 per month

Pets

Yes — cats and dogs

Waterfront

No

Covered parking

0

Floor

17

Listed

Oct 20, 2026

Financing accepted

Cash, Conventional

Listing conditions

Listed as is

Appliances

Dishwasher, Microwave, Refrigerator

Interior features

Bedroom on main level

Exterior features

Balcony

Flooring

Ceramic tile

Parking

One space, Valet

Pool

Association

Security

Elevator secured, Key card entry

Heating

Central

Cooling

Central air

HOA covers

Cable TV, Insurance, 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 5th St 1703