121 NE 5th St, #2102

Miami, FL 33132

+10.4% ($65,000)

121 NE 5th St, #2102

Miami, FL 33132

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.

Location

Listing Courtesy of Florida Capital Realty

Property Information

General Information
    General Information
  • For Lease: No
  • Pet Restrictions : No
  • County Or Parish : Miami-Dade
  • Zip Code : 33132
  • City : Miami
  • List Price : $690,000
    Maintenance / Tax Information
  • Tax Amount : $0
  • Tax Year : 2026
  • Membership Required : No
    Building Information
  • Property Type : Residential
  • Subdivision : 501 1ST AVE
Virtual Tour / Features / Utilities
    Interior
  • Room Count : 0
  • Equipment Appliances : Dryer, Disposal, Washer
  • Floor Description : CeramicTile
  • Interior Features : Bedroom On Main Level, First Floor Entry, Elevator, Bar
  • Beds Total : 1
  • Num of Full Baths : 2
  • Num of Half Baths : 0.0
  • Spa : No
    Exterior
  • Exterior Features : Balcony, Barbecue, Courtyard, Deck
  • Construction Type : Block
  • Design : High Rise
  • Pool : No
  • Security : ClosedCircuitCameras, DoorMan, ElevatorSecured
    Parking
  • Parking Description : OneSpace, Valet
    Utilities
  • Cooling Description : CentralAir
  • Heating Description : Central
Property / Lot Information
    Community Information
  • Association Fee: $890
  • Assoc Fee Paid Per: Monthly
    Building Information
  • Parcel Number Free Text: 01-41-01-008-0860
  • Num Garage Spaces: 1
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121 NE 5th St, #2102 is a waterfront condo for sale in Miami, FL 33132. This property was listed for sale on Jun 04, 2026 by Florida Capital Realty for $690,000. Located in 501 1ST AVE is a 1-bed, 2-bath, 544 ft² / 51 m² sqft condo built in 2026.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and expressly disclaim any liability in connection therewith. No financial or legal advice provided and fully support the principles of the Fair Housing Act and the Equal Opportunity Act.

The data provided by Miami Association of REALTORS® MLS comes from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All data provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Miami Association of Realtors MLS data last updated on Oct 29, 2026.

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