$585,000

121 NE 5TH ST #2211, MIAMI, FL 33132

1 bed2 baths659 sq ftCondo or villaBuilt 2026
Updated today, November 3, 2026

This home against Miami

$888 per sq ft, 30% over the Miami median
213 days on the market
Price cut $45,888 since it was listed at $630,888

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

About this home

Turn Key Brand new 1 Bedroom + Den, 2 full baths at 501 First Residences, Miami’s newest short-term-rental–friendly tower in the heart of Downtown. This modern residence features an open layout, floor-to-ceiling impact windows, a sleek European kitchen with premium appliances, and a spacious den that functions as a second sleeping area or office. The private balcony offers city views and abundant natural light.Enjoy resort-style amenities including a rooftop pool with panoramic skyline views, state-of-the-art fitness center, coworking spaces, social lounges, and 24/7 concierge. STR/Airbnb allowed from day one, making it ideal for investors seeking high occupancy and strong returns.Unbeatable location: steps from MiamiCentral Brightline Station, Miami Worldcenter, Bayside, Kaseya Center, museums, dining, and retail. Quick access to Brickell, Wynwood, Miami Beach, and MIA Airport.Move-in ready, fully flexible, and perfectly positioned for both living and investment.

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 Potential Property Group. MLS# A11985345.

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

Listed April 4, 2026.

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