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Miami/501 First Residences Miami/121 NE 5th Street 711

$594,000
121 NE 5th Street 711, Miami, FL 33132
Miami, FL 33132 · None
At 501 First Residences Miami  →
1
Beds
2
Baths
544
Sq Ft
$1,092
/ Sq Ft

About this condo

SELLER MOTIVATED! PRICE REDUCED $69,000 FOR IMMEDIATE SALE. Rare opportunity to own one of Downtown Miami’s most investor-friendly residences. Brand-new, never occupied, and fully furnished with premium designer upgrades throughout. Truly turnkey—just bring your suitcase. Every detail has been thoughtfully curated to deliver a luxury experience for owners and guests alike.One of the few residences in the area with NO RENTAL RESTRICTIONS, allowing short-term rentals, long-term rentals, seasonal use, or owner occupancy with maximum flexibility. Ideal for investors seeking strong income potential in Miami’s rapidly growing Worldcenter district.Features 1 Bedroom + Den, 2 Full Bathrooms, floor-to-ceiling impact glass, private balcony, Italian cabinetry, premium appliances, and designer furnishings included in the sale. The versatile den easily functions as a guest room or home office.Enjoy over 20,000 SF of luxury amenities including rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef’s kitchen, and more.Seller may contribute up to $10,000 toward Buyer’s closing costs, subject to offer terms and lender approval. EASY TO SHOW. Bring all offers.

The facts

Price
$594,000
Price / Sq Ft
$1,092
Bedrooms
1
Bathrooms
2
Interior
544 sq ft
Residence
#711
Type
Condominium
Year Built
2025
Building
501 First Residences Miami
Stories
40
HOA
$892 / mo
Garage
2 spaces
Flooring
Other, Tile
Waterfront
None
Days on Market
58
MLS #
A12029991

Building amenities

  • Bike Storage
  • Business Center
  • Cabana
  • Clubhouse
  • Fitness Center
  • Maintenance Grounds
  • Picnic Area
  • Pool
  • Storage
  • Elevators
BeachesMLS

Listing courtesy of Realty One Group Estates · claudialoan@yahoo.com. 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.