
MIAMI REALTORS® MLS121 NE 5th Street 3401, Miami, FL 33132
- Beds
- 2
- Baths
- 2
- Sqft
- 760
- Home type
- Condominium
- Year built
- 2026
- Lot size
- —
- Price / sqft
- $1,237
- HOA
- $1,200/mo
- Community
- 501 1ST
Property description
Stunning rare corner 2 Bedroom, 2 Bathroom residence at 501 First with breathtaking panoramic views of Biscayne Bay and the Miami skyline. Floor-to-ceiling impact glass windows fill the residence with natural light while showcasing spectacular water and city views from every angle. Modern open-concept layout featuring spacious living areas, contemporary finishes, high ceilings, premium appliances, and designer furnishings throughout. Delivered fully furnished in a brand-new building and never previously occupied, offering a true turnkey opportunity. One of the few properties in the area with no rental restrictions, ideal for short-term rentals, long-term income production, or personal use with maximum flexibility. Prime corner positioning within the building provides enhanced privacy and one of the most desirable layouts available. Residents enjoy resort-style amenities including a state-of-the-art fitness center, pool deck, entertainment lounges, concierge services, valet parking, and 24-hour security. Located in the heart of Downtown Miami, steps from Miami Worldcenter, Brightline Station, Kaseya Center, shopping, dining, and entertainment.
Listing activity
- Days on market
- 142
- Listed
- Jun 3, 2026
- MLS listing updated
- Oct 2, 2026
- Feed last checked
- 12 minutes ago
Listed by Valeria Vega · Florida Capital Realty
Map
Map location is based on MLS-supplied coordinates. Verify the location before relying on it.
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms
- 2
- Bathrooms
- 2
- Bathrooms (decimal)
- 2
- Full bathrooms
- 2
- Half bathrooms
- 0
Rooms & features
- Rooms
- 0
- Flooring
- Ceramic Tile
- Appliances
- Dishwasher, Disposal, Dryer, Washer
Heating & cooling
- Heating
- Central
- Cooling
- Central Air
Property
Parking
- Garage spaces
- 1
- Garage
- Yes
- Covered spaces
- 1
- Parking features
- Valet
- Attached garage
- No
Exterior
- Stories
- 40
- Building area
- 760 sqft
- Entry level
- 1
- Patio & porch
- Patio, Deck
- Exterior features
- Barbecue
- View
- Bay, Water
- Waterfront
- None, Bay
- Waterfront property
- Yes
Construction
Type & style
- Home type
- Condominium
- Year built
- 2026
- New construction
- Yes
Materials
- Construction
- Block
- Property condition
- New Construction
Utilities & green energy
Utilities
- Utilities
- Cable Available
Community & HOA
Community
- Subdivision
- 501 1ST
- MLS area
- 2410
- Security
- Elevator Secure, Lobby - Attended
- Pets allowed
- Size Limit, Yes
- 55+ community
- No
Association
- Has association
- Yes
- Association fee
- $1,200 monthly
- Estimated monthly dues
- $1,200
- Amenities
- Maintenance, Billiard Room, Clubhouse, Elevator(s), Fitness Center, Picnic Area
- Services included
- Cable TV, Internet
Lease details
Not reported by the listing source.
Location
Area details
- City
- Miami
- County
- Miami-Dade
- ZIP code
- 33132
Manufactured home details
Not reported by the listing source.
Financial & listing details
Listing
- MLS number
- A12023650
- Possession
- Close Of Escrow
- Original list price
- $970,000
- Parcel number
- 0141010080650
- Annual property tax
- $0
- Tax year
- 2026
- Tax legal description
- 501 FIRST RESIDENCES CONDO UNIT 3401 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463
Additional MLS details
Reported by the listing source
- Association Amenities
- Maintenance, Billiard Room, Clubhouse, Elevator(s), Fitness Center, Picnic Area
- Association Fee Frequency
- Monthly
- Association Fee Includes
- Cable TV, Internet
- Association
- Yes
- Bathrooms Total Decimal
- 2
- Bathrooms Total Integer
- 2
- Building Area Total
- 760
- Construction Materials
- Block
- County Or Parish
- Miami-Dade
- Days On Market
- 142
- Elementary School
- Frederick Douglass
- High School
- Booker T. Washington
- List Price
- 940000
- Listing Contract Date
- 2026-06-03
- Living Area
- 760
- MLSArea Major
- 2410
- Middle Or Junior School
- Jose De Diego
- Mls Status
- Active
- On Market Date
- 2026-10-02
- Patio And Porch Features
- Patio, Deck
- Photos Count
- 39
- Postal Code
- 33132
- Price Change Timestamp
- 2026-10-02T21:42:55Z
- Property Sub Type
- Condominium
- Property Type
- Residential
- Rooms Total
- 0
- Security Features
- Elevator Secure, Lobby - Attended
- Senior Community
- No
- Standard Status
- Active
- State Or Province
- FL
- Status Change Timestamp
- 2026-10-02T21:42:30Z
- Stories Total
- 40
- Subdivision Name
- 501 1ST
- Waterfront Features
- None, Bay
- Tax Annual Amount
- 0
- Bathrooms Full
- 2
- Bedrooms Total
- 2
- Bathrooms Half
- 0
- Financial Information: Estimated Monthly Assoc Recurring Fee
- 1200
Market value
Price history
| Date | Event | Price |
|---|---|---|
| Jun 3, 2026 | ListedMIAMI REALTORS® MLS | $970,000$1,276/sqft |
| Oct 2, 2026 | Price reducedMIAMI REALTORS® MLS | $940,000$1,237/sqft |
Public tax history
| Year | Property taxes | Assessment |
|---|---|---|
| 2026 | $0 | — |
Payment calculator
- Principal & interest
- $4,877
- Property taxes
- $0
- Insurance
- $470
- Association dues
- $1,200
Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.
Neighborhood
Area
501 1STMiami · Miami-Dade County · 33132
Climate risk
—No licensed climate-risk source is connected.
Nearby schools
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