$649,000
121 NE 5th Street 2002
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $649,000
- Price per sq ft
- $1,193
- Original price
- Unchanged
- Days on market
- 26
This 1-bedroom condo in ZIP 33132 is listed at $649,000, or $1,193 per square foot. It has been on the market for 26 days.
Estimated monthly payment
$3,411 /mo
Principal and interest only, based on $129,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $800/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $649,000
- Days on Site
- 26 Days
- Bedrooms
- 1
- Total Baths
- 2
- Full Baths
- 2
- Partial Baths
- 0
- Living Area
- 544 sqft
- Total Sq Ft
- 544 sqft
- Year Built
- 2026
- Property Type
- Condo
- MLS #
- A12079665
- Property Tax
- $2,974 (2025)
- HOA Fees
- $800 / Monthly
- Subdivision
- 501 1ST AVE
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Beauty Unit in brand new construction at 501 First Residences in Downtown Miami. 544 SF fully furnished and finished. No rental restrictions. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. . Luxury amenities include a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges in the building. 24-hour valet. Contactless package lockers. Prime location with Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science all less than a 5–10-minute walk away. Ultimate short-term rental potential in one of Miami’s fastest-growing urban areas.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2026
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 40
- Garage Spaces
- 1
- Parking
- Valet
- Living Sq Ft
- 544
- Total Sq Ft
- 544
Interior Features
- Appliances
- Dryer / Disposal / Washer
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Bedroom On Main Level / Elevator / Bar
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Barbecue / Courtyard / Outdoor Living Area
- Patio & Porch
- Deck / Open / Balcony
- Waterfront
- Yes
- Waterfront Features
- Bayfront / None
- View
- Bay / Skyline
Community & HOA
- HOA Fee
- $800 / Monthly
- HOA Includes
- Cable Tv / Internet
- Association Amenities
- Business Center / Cabana / Clubhouse
- Security
- Closed Circuit Cameras / Elevator Secured / Lobby Secured
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- No Restrictions
- MLS Area
- 2410
Schools
- Elementary School
- Frederick Douglass
- Middle School
- Jose De Diego
- High School
- Booker T. Washington
About the Community
- Homes for Sale
- 2
- Under Contract
- 0
- Median List Price
- $669,500
- Median $/Sq Ft
- $1,231
- Avg Days on Market
- 74
Frequently Asked Questions
- How do I schedule a tour of 121 NE 5th Street 2002, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 121 NE 5th Street 2002, 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 2002, Miami, FL 33132 still available?
- 121 NE 5th Street 2002, Miami, FL 33132 is currently listed as Active, and has been on the market 26 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 2002, Miami, FL 33132?
- With 20% down ($129,800) on the $649,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 2002, Miami, FL 33132 is about $3,411/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 2002, 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 2002, 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 2002, Miami, FL 33132 have an HOA fee?
- Yes: 121 NE 5th Street 2002, Miami, FL 33132 carries an HOA fee of about $800 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 2002, Miami, FL 33132?
- 121 NE 5th Street 2002, 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 2002, Miami, FL 33132?
- Often, yes. The right offer on 121 NE 5th Street 2002, 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 Life Realty LLC
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 August 30, 2026.
$649,000
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Listed by Jorge Kupferman, Miami Life Realty LLC
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Recent Sales
Recently sold homes in ZIP 33132
These are the last 6 recorded closings in ZIP 33132, with the price each home actually sold for rather than what it was listed at. They closed at a median of $532 per square foot. The most recent closed on October 9, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$730,000
Sold · October 9, 2026
1900 N Bayshore Drive 3202
2 bed · 2.5 bath · 1,400 sqft · $521/sqft
$25,000 under the asking price
Sold$370,000
Sold · October 9, 2026
244 Biscayne Boulevard 2604
1 bed · 1 bath · 806 sqft · $459/sqft
$19,000 under the asking price
Sold$306,000
Sold · October 8, 2026
1750 N Bayshore Drive 3310
1 bed · 1 bath · 821 sqft · $373/sqft
$23,000 under the asking price
Sold$860,000
Sold · October 6, 2026
488 NE 18th Street 4009
2 bed · 3 bath · 1,257 sqft · $684/sqft
$39,999 under the asking price
Sold$2,200,000
Sold · October 2, 2026
488 NE 18th Street 3715
3 bed · 4 bath · 2,018 sqft · $1,090/sqft
$75,000 under the asking price
Sold$700,000
Sold · September 30, 2026
888 Biscayne Boulevard 2701
2 bed · 2 bath · 1,315 sqft · $532/sqft
$20,000 under the asking price
See every recorded sale in ZIP 33132 or find out what your ZIP 33132 home is worth.
