$649,000

121 NE 5TH ST #2002, MIAMI, FL 33132

1 bed2 baths544 sq ftCondo or villaBuilt 2026
Updated today, November 3, 2026

This home against Miami

$1,193 per sq ft, 75% over the Miami median
69 days on the market
$2,974 in property taxes (2025)
Waterfront
1 car garage

Miami today: 4,362 homes for sale, median list price $733,250.

About this home

Beauty Unit in brand new construction at 501 First Residences in Downtown Miami. 544 SF fully furnished and finished. No rental restrictions. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. . Luxury amenities include a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges in the building. 24-hour valet. Contactless package lockers. Prime location with Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science all less than a 5–10-minute walk away. Ultimate short-term rental potential in one of Miami’s fastest-growing urban areas.

Zoned schools

Elementary: Frederick R. Douglass Elementary
Middle: Jose de Diego Middle School
High: Booker T. Washington Senior High

From Miami-Dade County Public Schools attendance zones.

Near this home

Park: Henderson Park, 0.1 mi
Beach: Hobie Island Beach, 2 mi
Grocery: Sedano's Supermarket, 0.5 mi

Distances from the center of MIAMI.

Listing courtesy of Miami Life Realty LLC. MLS# A12079665.

Listing information is provided by the MLS and is deemed reliable but not guaranteed.

Listed August 26, 2026.

Similar homes near MIAMI

Home for sale at 31 SE 5TH ST #2801, MIAMI, FL 33131Price cut5 photos

$649,000list price

Price cut$26,000

2 bd · 2 ba · 1,117 sq ft Condo or villa

31 SE 5TH ST #2801, MIAMI, FL 33131

Listing courtesy of Brickell Brokers LLC. MLS# A12097143.On the MLS · Listed Sep 26

Home for sale at 495 BRICKELL AVE #3207, MIAMI, FL 331315 photos

$649,000list price

Per sq ft$660

1 bd · 1 ba · 984 sq ft Condo or villa

495 BRICKELL AVE #3207, MIAMI, FL 33131

Listing courtesy of FACCIN Group Realty. MLS# A12096072.On the MLS · Listed Sep 24

Home for sale at 1450 BRICKELL BAY DR #511, MIAMI, FL 33131Price cut5 photos

$649,000list price

Price cut$122,000

2 bd · 2 ba · 1,030 sq ft Condo or villa

1450 BRICKELL BAY DR #511, MIAMI, FL 33131

Listing courtesy of Coldwell Banker Realty. MLS# A12084030.On the MLS · Listed Sep 19

Home for sale at 2945 COCONUT AVE #1, MIAMI, FL 33133Price cut5 photos

$649,000list price

Price cut$51,000

2 bd · 1.5 ba · 875 sq ft Condo or villa

2945 COCONUT AVE #1, MIAMI, FL 33133

Listing courtesy of Grove Town Properties, Inc.. MLS# A12067176.On the MLS · Listed Aug 5