ActiveMLS® A12070584

$889,000

121 NE 5th Street 3312, Miami, FL 33132

Beds: 2
Baths: 2
Sqft: 757

Est. payment$6,298/mo

Home type: Condominium
Year built: 2025
Lot size: —
Price / sqft: $1,174
HOA: $1,240/mo
Community: 501 First Residences

Property description

Investor's dream come true: short-term rental-friendly building, high floor, impressive views, corner unit, fully furnished. Location: Miami World Center. This fully furnished 2-bedroom, 2-bath corner residence sits on a high floor and offers stunning views of Biscayne Bay, the Miami skyline, and Port of Miami. Beautifully equipped with all appliances and a washer and dryer, modern finishes, and a turnkey layout, this unit is ready for personal use, rental income, or both. Located one block from the Kaseya Center, home to world-class concerts, Miami Heat games, and major entertainment events, and minutes from Brickell, Wynwood, Bayside, Miami Worldcenter, and the Brightline station. Offered at $889,000, positioned below competing 2-bedroom listings in the building. A rare opportunity for investors or end users seeking location, views, and rental flexibility in the heart of Miami.

Listing activity

Days on market: 72
Listed: Aug 13, 2026
MLS listing updated: Aug 17, 2026
Feed last checked: 6 minutes ago

Listed by Sandra Del Carmen Sepulveda · United Realty Group Inc

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
Interior features: Bedroom Layout - Split, Closet Cabinetry
Flooring: Concrete, Other
Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator
Window features: Blinds

Heating & cooling

Heating: Central
Cooling: Central Air

Property

Parking

Garage spaces: 0
Carport spaces: 0
Covered spaces: 0
Parking features: Valet
Attached garage: No

Exterior

Stories: 40
Building area: 757 sqft
Entry level: 1
Exterior features: Balcony, Lighting
View: Ocean, Bay, Skyline
Waterfront property: No

Construction

Type & style

Home type: Condominium
Year built: 2025

Materials

Construction: Block, CBS

Utilities & green energy

Not reported by the listing source.

Community & HOA

Community

Subdivision: 501 First Residences
MLS area: 2410
Security: Key Card Entry, Security System
Pets allowed: Yes
55+ community: No

Association

Has association: Yes
Association fee: $1,240 monthly
Estimated monthly dues: $1,240
Amenities: Maintenance, Pool, Business Center, Elevator(s), Fitness Center, Trash Chute, Other

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: A12070584
Possession: Close Of Escrow
Original list price: $889,000
Parcel number: 0141010084470
Annual property tax: $0
Tax year: 2026
Tax legal description: 501 FIRST RESIDENCES CONDO UNIT 3312 UNDIV 0.31236% INT IN COMMON ELEMENTS OFF REC 35067-4463

Additional MLS details

Reported by the listing source

Association Amenities: Maintenance, Pool, Business Center, Elevator(s), Fitness Center, Trash Chute, Other
Association Fee Frequency: Monthly
Association: Yes
Bathrooms Total Decimal: 2
Bathrooms Total Integer: 2
Building Area Total: 757
Construction Materials: Block, CBS
County Or Parish: Miami-Dade
Days On Market: 72
Elementary School: Frederick Douglass
High School: Booker T. Washington
List Price: 889000
Listing Contract Date: 2026-08-13
Living Area: 757
MLSArea Major: 2410
Middle Or Junior School: Jose De Diego
Mls Status: Active
On Market Date: 2026-08-13
Photos Count: 39
Postal Code: 33132
Property Sub Type: Condominium
Property Type: Residential
Rooms Total: 0
Security Features: Key Card Entry, Security System
Senior Community: No
Standard Status: Active
State Or Province: FL
Status Change Timestamp: 2026-08-13T04:00:00Z
Stories Total: 40
Subdivision Name: 501 First Residences
Tax Annual Amount: 0
Bathrooms Full: 2
Bedrooms Total: 2
Waterfront: No
Bathrooms Half: 0
Financial Information: Estimated Monthly Assoc Recurring Fee: 1240

Market value

Automated estimate—No licensed valuation source connected

Estimated sales range—Ask Karim for a local market analysis

Estimated rent—No licensed rental valuation source connected

Price history

Date	Event	Price
Aug 13, 2026	ListedMIAMI REALTORS® MLS	$889,000$1,174/sqft

Public tax history

Year	Property taxes	Assessment
2026	$0	—

Payment calculator

Estimated monthly payment$6,298/moIllustrative estimate, not a loan offer.

Loan typeDown payment (%)Interest rate assumption (%)Loan termInsurance / month

Principal & interest: $4,613
Property taxes: $0
Insurance: $445
Association dues: $1,240

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 First Residences

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary

—

Jose De DiegoMiddle

—

Booker T. WashingtonHigh

—

School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

Nearby homes

12 homes