$690,000

121 NE 5TH ST #2102, MIAMI, FL 33132

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

This home against Miami

$1,268 per sq ft, 86% over the Miami median
33 days on the market
Waterfront
1 car garage

Miami today: 4,365 homes for sale, median list price $730,000.

About this home

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.

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 Florida Capital Realty. MLS# A12023677.

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

Listed October 1, 2026.

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