Best deal at 501 First! Modern 1 Bed + Den condominium located in the heart of Downtown Miami, with exceptional views and prime positioning within the building.
This unit is one of the few in the area featuring no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility. Delivered fully furnished in a brand-new building, the residence has never been occupied, presenting a true turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that support both comfort and strong rental demand. With the best location and one of the most desirable views in the building, the smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside. Seller financing available.
Listed by Daniel Rutois
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License #0638090
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Rutois International Realty LLC
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954-447-4445
Last updated March 06, 2026
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Source: MIAMIRE #A11975772
Listing Facts
TypeCondo
NeighborhoodMiami Central Business District
Bedrooms1
Bathrooms2
Days on Prevu14
HOA/Maint. Fees$890/month
Size597 sqft
Price per sqft$1,089
Amenities
Dishwasher
Private Outdoor Space
Washer/Dryer
Pets Allowed
Air Conditioning
Parking
Swimming Pool
Location
Mortgage Calculator
Listing History
03/03/2026
Listed by Rutois International Realty LLC
$649,900
Property Details for 121 NE 5th St 2411
Association
Amenities
Association Amenities: Barbecue, Billiard Room, Business Center, Child Play Area, Clubhouse-Clubroom, Exercise Room, Other, Pool, Sauna, Spa/Hot Tub, Trash Chute
Pets Allowed: Restrictions Or Possible Restrictions
Fees
Association Fee: $890.00 Monthly
Association Fee Includes: All Amenities, Common Area, Hot Water, Insurance, Internet/Wi Fi, Landscaping/Lawn Maintenance, Manager, Other Maintenance Includes, Pool Service, Recreation Facilities, Sewer, Trash Removal, Water
How many bedrooms and bathrooms does this condo have?
There is 1 bedroom and 2 bathrooms in this condo at 121 NE 5th St 2411.
Are pets allowed at 121 NE 5th St?
Yes, 121 NE 5th St allows pets. Check the Property Details for any relevant restrictions.
How does 121 NE 5th St 2411 compare to other condos in Miami Central Business District?
This condo is listed 68% below the average price for condos in Miami Central Business District and has been on the market for 130 less days than the typical home in this area.
What building or home owners association is the condo part of?
This condo is in the 501 First Residences building.
What is the square footage on this condo?
According to the MLS, this listing is 597 sqft.
121 NE 5th St 2411 is a 1-bedroom, 2-bath condo for sale in Miami FL 33132. Listed on Prevu for 14 days at $649,900. This residence features 597 square feet of living space, located in Miami Central Business District. The median listing price for condos in this area is $730,000. Property amenities include private outdoor space, dishwasher, pets allowed, air conditioning, parking, swimming pool, and washer/dryer. Explore more condo listings in Miami.
Based on information from Miami Association of REALTORS and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
