For saleActiveListed May 8, 2026 · 165 days
$379,000

121 NE 5 St #709, Miami, FL 33132

Studio1 bath359 sq ft$1,056 per sq ftBuilt 2026

As of , this studio, 1 bath condo at 501 First Residences is for sale at $379,000 ($1,056 per sq ft). It was listed on .

MLS data updated .

Key facts

Type
Condo
Year built
2026
HOA fee
$589 / month
View
Other
Waterfront
No
Pets
No pets
Cooling
Central Air, Electric
Heating
Central, Electric
MLS number
A12015916

Listing information

Listing courtesy of Cervera Real Estate Inc, 305-374-3434, cervera@cervera.com

Listing agent: Patricio J Orloff, orloffpat@gmail.com

BeachesMLS. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc.

MIAMI MLS. Listing data from MIAMI MLS (South East Florida Regional MLS). Information is deemed reliable but not guaranteed.

Listing information is provided for consumers' personal, non-commercial use. It may not be used for any purpose other than to identify homes consumers may want to buy or rent.

Listing last changed .

From the listing

DRASTICALLY REDUCED FOR QUICK SALE! UNIT RENTED UNITL MAY 19, 2027 @ 2,100- BYER HAS TO RESPECT CURRENT LEASE. Unit 709 presents a opportunity in one of Miami’s most sought-after new developments. This 2025-built studio is designed for maximum utility and appeal in the high-demand Downtown rental market. A thoughtfully designed open studio layout providing 359 square feet of interior living space. Unlike typical urban studios, this unit features a deep 38-square-foot balcony, extending the living area into the city atmosphere. Fully equipped with contemporary Italian cabinetry, premium integrated appliances, and an in-unit washer and dryer. Situated at 121 NE 5th St, residents are positioned at the epicenter of Miami's urban evolution. Steps from the multi-billion dollar Miami Worldcenter project, ensuring long-term desirability and infrastructure support. Directly adjacent to the Brightline station and Metro Mover, providing effortless access to the wider South Florida region. Within walking distance of the Kaseya Center, Museum Park, and the city’s premier dining and nightlife.

The text above is the listing description from the MLS, as written by the listing agent.

The building

501 First ResidencesAs of , 501 First Residences has 43 condos for sale, most from $435,000 to $929,000, and 29 for rent. The median asking price is $1,115 per sq ft.See all units and prices in this building

The Miami market

As of , the median asking price in Miami is $639,000, or $497 per sq ft, across 8,404 listings for sale. The median listing for sale there has been on the market for 90 days.

Price and status history

Listing date
Days on market
165
Original list price
$409,000
Price changes
1
DateEventPrice
Price changed$409,000 → $379,000
Listed$409,000

From the MLS. RealVista does not show sold prices.

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