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121 NE 5th St 3405Miami, FL 33132

For Sale

$519,000

Smart Buyer Rebate $5,190

Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas.

Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront.

One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you're looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami's fastest-growing and most exciting neighborhoods.

Listed by Ekaterina Brosda

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License #3062667

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Brosda & Bentley Realtors, LLC

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305-788-9393

Last updated September 11, 2026

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Source: MIAMIRE #A12054926

Listing Facts

  • TypeCondo
  • NeighborhoodMiami Central Business District
  • Bedrooms1
  • Bathrooms1
  • Days on Prevu61
  • HOA/Maint. Fees$802/month
  • Size489 sqft
  • Price per sqft$1,061

Amenities

  • Dishwasher
  • Pets Allowed
  • Parking
  • Fitness Center

Location

Mortgage Calculator

Listing History

09/11/2026
Price Increased
$519,000
09/10/2026
Price Decreased
$509,000
09/03/2026
Price Decreased
$520,000
07/16/2026
Listed by Brosda & Bentley Realtors, LLC
$530,000
  1. 09/11/2026$519,000
    Price Increased
  2. 09/10/2026$509,000
    Price Decreased
  3. 09/03/2026$520,000
    Price Decreased
  4. 07/16/2026$530,000
    Listed by Brosda & Bentley Realtors, LLC

Property Details for 121 NE 5th St 3405

Association

Amenities

  • Association Amenities: Fitness Center
  • Pets Allowed: Dogs OK, Yes

Fees

  • Association Fee: $802.00 Monthly

Exterior

Construction

  • New Construction: Yes
  • Property Attached: Yes
  • Property Condition: New Construction
  • Stories Total: 40
  • Year Built: 2025
  • Year Built Details: New Construction
  • Architectural Style: High Rise
  • Entry Level: 34
  • Entry Location: 34

Features

  • View: Bay

Measurements

  • Building Area Total: 489
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 01-41-01-008-2010
  • Tax Year: 2026

Interior

Features

  • Appliances: Dishwasher, Disposal
  • Flooring: Other

Measurements

  • Living Area: 489

Rooms

  • Bathrooms Full: 1
  • Bathrooms Total Integer: 1
  • Bedrooms Total: 1

Other

Location

  • Subdivision Name: 501 First Residence

Parking

Parking

  • Covered Spaces: 1
  • Garage Spaces: 1
  • Garage: Yes
  • Parking Features: Valet

Utilities

Equipment

  • Cooling: Other
  • Has Cooling: Yes
  • Heating: Central
  • Has Heating: Yes

Frequently Asked Questions

How many bedrooms and bathrooms does this condo have?

There is 1 bedroom and 1 bathroom in this condo at 121 NE 5th St 3405.

Does this condo have parking?

Yes, there is 1 parking space available for 121 NE 5th St 3405.

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 3405 compare to other condos in Miami Central Business District?

This condo is listed 55% below the average price for condos in Miami Central Business District and has been on the market for 78 less days than the typical home in this area.

What is the square footage on this condo?

According to the MLS, this listing is 489 sqft.

121 NE 5th St 3405 is a 1-bedroom, 1-bath condo for sale in Miami FL 33132. On Prevu for 61 days at $519,000. This includes a recent price increase of $10,000. This property features 489 square feet of living space, located in Miami Central Business District. The median listing price for condos in this area is $599,000. The home offers dishwasher, pets allowed, fitness center, and parking. 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.

Full MLS Disclaimers

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.