Condominium at 121 NE 5TH ST #1413, MIAMI
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24 photos

$529,900

121 NE 5TH ST #1413
MIAMI, FL 33132
Listed by Jing Wang · FLORIDA HOMES REALTY & MORTGAGE
Bedrooms
1
Bathrooms
1.5
Living area
531 sqft
Year built
2025

About this home

Furnished 1-bedroom, 1.5-bath residence on the 14th floor of 501 First Residences, downtown Miami's newest residential tower, completed in 2025. Enjoy views of Biscayne Bay and the Miami skyline from the living area and private balcony. Sold fully furnished with a complete appliance package, in-unit washer and dryer, and 1 parking space included. Resort-style amenities include a rooftop pool deck, fitness center, clubhouse with sunset lounge, co-working spaces, a library, and an on-site pet spa, plus 24-hour concierge and security. The HOA fee includes water and internet. Short-term rentals are permitted and the unit is currently operated as a short-term rental — an ideal opportunity for investors or as a Miami pied-a-terre, just steps from Bayfront Park, the Kaseya Center, Bayside Marketplace, and the Metrorail. Information deemed reliable but not guaranteed; buyer to verify all details.

Property details

MLS
Stellar MLS
MLS #
MFRO6451328
Property type
Condominium
Subdivision
501 FIRST RESIDENCES CONDOMINIUM
Status
Active
Days on market
1
On market date
October 20, 2026
Stories
N/A
Total bathrooms
1.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

ElementaryCharter
DOWNTOWN MIAMI CHARTER SCHOOL
0.49 mi away · Grades 0-6
Nearest school -- attendance-zone data not available here
2.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
579
Student:teacher ratio
21.4:1
District
MIAMI-DADE
MiddleCharter
MATER ACADEMY EAST MIDDLE SCHOOL
1.31 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
Not yet rated
Local Score not yet available for this school
Enrollment
10
District
MIAMI-DADE
High
SCHOOL FOR ADVANCED STUDIES-WOLFSON
0.22 mi away · Grades 11-12
Nearest school -- attendance-zone data not available here
1.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
123
Student:teacher ratio
41.0:1
District
MIAMI-DADE

Walkability

Blended score for MIAMI's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

77
Walkable
out of 100
EPA National Walkability Index
12.2 / 20 -- Above average walkable
Google Places amenity density
100 / 100
Restaurants & cafes20
Grocery stores20
Parks20
Schools20
Transit stops20
Pharmacies14

Market position

How this listing compares to current activity in MIAMI, from live MLS data.

On the market 1 days -- 69 fewer days than MIAMI's current average of 70 days.
For reference, the median list price across 58 active listings in MIAMI right now is $500,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Adjust tax / insurance estimates
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Est. monthly payment
$3,341/mo
$105,980 down
$423,920 loan
Principal & interest$2,750
Property tax (est.)$442
Home insurance (est.)$150

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Data source: Listing information provided by Stellar MLS (mfrmls) via Trestle/CoreLogic. Last updated 1 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.