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$395,000
121 NE 5 Street 801B
Miami, FL 33132
MLS# A11981555
1 baths


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Property Description
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.

Details
Contract Information
Comp Sale YN: No
Occupant Type: Vacant
Listing Date: 2026-03-19
Status: Active
Original List Price: 410000
List Price: $395,000
Current Price: $395,000
Location and Legal
County Or Parish: Miami-Dade
County Parish Name: Miami-Dade
City Name: Miami
Municipal Code: 0
Postal Zip: 33132
Special Assessment YN: No
Country: United States
Street Number: 121
Street Direction Prefix: NE
Street Name: 5
Street Suffix: Street
Unit Number: 801B
State Or Province: FL
Postal Code: 33132
Subdivision Name: 501 FIRST RESIDENCES
Area: 2410
Elementary School: Frederick Douglass
Middle Or Junior School: Jose De Diego
High School: Booker T. Washington
Parcel Number: 0141010080370
General Property Information
Unit Floor #: 8
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: 40
Property Sub Type: Condominium
Bathrooms Total: 1
Bathrooms Full: 1
Year Built: 2025
Financial Information
Application Required YN: Yes
Estimated Monthly Assoc Recurring Fee: 563
Membership Fee Required YN: No
Association YN: 1
Association Fee: 563
Association Fee Frequency: Monthly
Tax Year: 2026
Tax Legal Description: 501 FIRST RESIDENCES
Office/Member Information
DXORIGMLSID: SEF
Application Fee Details
Application Fee Required: Yes
Application Fee: 100
Application Information
1-2 Weeks Approval: 1
Amenities
Fitness Center: 1
Pool: 1
Association Amenities
Maintenance: 1
Association Fee Includes
Trash: 1
Water: 1
Flooring
Tile: 1
Parking Features
Valet: 1
Property Condition
New Construction: 1
Possession
Other: 1
Special Information
Sold As-Is: 1
Heating
Other: 1
Leasing Restrictions
Leasing - Max Times Per Year: 12
Leasing - Minimum Number of Days: 30
Unit Description
Studio: 1
High Rise: 1
Appliances
Dishwasher: 1
Construction Materials
Other: 1
Interior Features
Closet Cabinetry: 1
Listing Terms
Cash: 1
Conventional: 1
Security Features
Lobby - Attended: 1
Water Heater Details
Electric Water Heater: 1
Cooling
Central Air: 1
Association Type
Condominium: 1
Homeowner Association: 1
Master Bedroom/Bath
Bedroom On Entry Level: 1
Pets Allowed YN
Yes: 1
Pets Allowed
Dogs OK: 1
Restrictions
See Remarks: 1
Tax Information
Tax Reflects No Exemptions: 1
Outdoor Living Spaces
Balcony: 1
Balcony Details
Balcony - Open: 1
Section Details
Parcel Number MLX: 0
Status Change Information
Major Change Timestamp: 2026-06-26T21:35:01Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-06-26T21:35:01Z
Status Change Date: 2026-05-22
Originating Details
Originating System Key: 440561128
Originating System ID: M00000151
Property Features
Application Information: 1-2 Weeks Approval
Association Amenities: Maintenance
Association Fee Includes: Trash; Water
Flooring: Tile
Parking Features: Valet
Property Condition: New Construction
Appliances: Dishwasher
Water Heater Details: Electric Water Heater
Construction Materials: Other
Cooling: Central Air
Association Type: Condominium; Homeowner Association
Heating: Other
Interior Features: Closet Cabinetry
Listing Terms: Cash; Conventional
Pets Allowed YN: Yes
Pets Allowed: Dogs OK
Possession: Other
Restrictions: See Remarks
Security Features: Lobby - Attended
Special Information: Sold As-Is
Tax Information: Tax Reflects No Exemptions
Unit Description: Studio; High Rise
Outdoor Living Spaces: Balcony
Balcony Details: Balcony - Open

IDX
Listing Office: Douglas Elliman

Last Updated: August - 07 - 2026

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