Miami, FL 33132 121 NE 5 ST 3112
$850,000



27 more



























Presented By: This listing is courtesy of IRG
Home Details
This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami’s fastest-growing neighborhoods.
Presented By: This listing is courtesy of IRG
Interior Features for 121 NE 5 ST 3112
Bedrooms
Total Bedrooms2
Bathrooms
Total Baths2
Other Interior Features
Air Conditioning Y/NYes
FlooringCeramicTile
Heating Y/NYes
Interior AmenitiesBedroomOnMainLevel, FirstFloorEntry
Total Stories40
Other Rooms
Entry Level31
General for 121 NE 5 ST 3112
AppliancesDryer, Dishwasher, Disposal, Microwave, Refrigerator, Washer
Assoc Fee Paid PerMonthly
Association AmenitiesBusinessCenter, FitnessCenter, Pool
Association Fee IncludesAmenities, CommonAreas, MaintenanceStructure, Security
CityMiami
Construction MaterialsBlock
CoolingElectric
CountyMiami-Dade
Entry Location31
Full Baths2
Garage Spaces1
Garage Y/NYes
HOA Fee$1240
HeatingElectric
Lease Considered Y/NNo
Legal Description501 FIRST RESIDENCES CONDO UNIT 3112 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463
Listing TermsCash, Conventional
Lot Size UnitsSquareFeet
MLS Area41
Occupancy TypeVacant
Patio/Porch FeaturesBalcony, Open
Pets AllowedNoPetRestrictions, Yes
Pool FeaturesAssociation
PossessionClosingAndFunding
PostalCityMiami
Property Attached Y/NYes
Property Sub Type AdditionalCondominium
Property SubtypeCondominium
Property TypeResidential
RestrictionsOkayToLease1stYear, OkToLease
Security FeaturesLobbySecured
Senior Community Y/NNo
Special Listing ConditionsListedAsIs
Standard StatusActive
StatusActive
Subdivision Name501 FIRST RESIDENCES CONDO
Tax Annual Amount0
Tax Year2025
Total Rooms0
Unit Number3112
ViewOcean, Water
Virtual TourClick here
Year Built2025
Year Built DetailsNew Construction
Exterior for 121 NE 5 ST 3112
Covered Spaces1
Exterior AmenitiesBalcony
Parking FeaturesValet
Waterfront Y/NNo
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
Ilene Acosta
Realtor
SQFT • 757