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121 NE 5th Street 1809, Miami, FL 33132
Active
129 Days on Market
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$410,000

121 NE 5th Street 1809

Miami, FL 33132

501 First

Explore the area: Miami homes for sale · Miami Dade County real estate

How this price compares

List price
$410,000
Price per sq ft
$1,142
Vs. nearby sales
112.3% above
Days on market
129

This condo in ZIP 33132 is listed at $410,000, or $1,142 per square foot. The asking price has come down 7.9% from its original $445,000. It has been on the market for 129 days. The 6 most recent condo sales in the closings shown below sold at a median of $538 per square foot, so the asking price is 112.3% above what comparable homes here actually sold for.

0
Bedrooms
1
Bathrooms
359
Living Sq Ft
2025
Year Built

Estimated monthly payment

$2,155 /mo

Principal and interest only, based on $82,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $589/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price
$410,000
Days on Site
129 Days
Bedrooms
0
Total Baths
1
Full Baths
1
Partial Baths
0
Living Area
359 sqft
Total Sq Ft
359 sqft
Year Built
2025
Property Type
Condo
MLS #
A12027732
HOA Fees
$589 / Monthly
Subdivision
501 First
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Modern studio in the heart of Downtown Miami featuring floor-to-ceiling windows, contemporary finishes and fully furnished. Closets are done, just need to add details to start renting out such as bed bedding and kitchen supplies. Full-service building with resort-style amenities and unbeatable location in Miami World Center near dining, nightlife, and cultural attractions. Unit has not been used. ready for new owner to take over and start renting out or using as a pied a ter in miami. Investor-friendly building allows daily/short-term rentals, offering strong income potential in a high-demand area.

Virtual Tour

General Features

Property Type
Condo
Status
Active
Year Built
2025
Number of Stories
40
Garage Spaces
1
Parking
Valet
Living Sq Ft
359
Total Sq Ft
359

Interior Features

Appliances
Dryer / Dishwasher
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Closet Cabinetry / None
Furnished
Furnished

Exterior Features

Construction
Block
Exterior Features
Balcony / Outdoor Living Area
Private Pool
Yes
Pool Features
Private / Association
Patio & Porch
Open / Balcony
View
Skyline

Community & HOA

HOA Fee
$589 / Monthly
HOA Includes
Hot Water / Sewer / Trash / Water
Association Amenities
Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Library / Picnic Area / Pool / Elevators
Security
Security System
Pets Allowed
Yes
Financing Terms
Cash / Conventional
Restrictions
Ok To Lease / Short Term Rentals Allowed
MLS Area
2410

Schools

Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
Homes for Sale
1
Median List Price
$410,000
Median $/Sq Ft
$1,142
Avg Days on Market
129
View all 1 homes for sale in 501 First →
How do I schedule a tour of 121 NE 5th Street 1809, Miami, FL 33132?
Use the Tour button on this listing to request a showing of 121 NE 5th Street 1809, Miami, FL 33132. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
Is 121 NE 5th Street 1809, Miami, FL 33132 still available?
121 NE 5th Street 1809, Miami, FL 33132 is currently listed as Active, and has been on the market 129 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
How much is the monthly payment for 121 NE 5th Street 1809, Miami, FL 33132?
With 20% down ($82,000) on the $410,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 1809, Miami, FL 33132 is about $2,155/mo, before property taxes, insurance, and HOA dues. Use the payment estimate on this page to adjust the down payment and rate.
How do I get pre-approved to buy 121 NE 5th Street 1809, Miami, FL 33132?
Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 121 NE 5th Street 1809, Miami, FL 33132. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
Does 121 NE 5th Street 1809, Miami, FL 33132 have an HOA fee?
Yes: 121 NE 5th Street 1809, Miami, FL 33132 carries an HOA fee of about $589 monthly. HOA dues usually cover community amenities and shared maintenance; ask us for the current budget, rules, and exactly what's included.
What schools serve 121 NE 5th Street 1809, Miami, FL 33132?
121 NE 5th Street 1809, Miami, FL 33132 is zoned for Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments and boundaries can change year to year, so confirm current zoning with the local school district before you buy.
Can I negotiate the price of 121 NE 5th Street 1809, Miami, FL 33132?
Often, yes. The right offer on 121 NE 5th Street 1809, Miami, FL 33132 depends on how it's priced against comparable condo sales in Miami, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.

Listing courtesy of Miami Residential Group

Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.

$410,000

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Listed by Julieta Suarez Lepre, Miami Residential Group

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