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 Realty 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 3 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 Realty 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 Realty will run the comps and help you craft a competitive, well-supported offer.

Active

3 Days on Market

1 / 8

All Listings

$649,000

121 NE 5th Street 2002

Miami, FL 33132

501 1ST AVE

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

Bedrooms

Bathrooms

544

Living Sq Ft

2026

Year Built

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 estimate

Listing Snapshot

Price: $649,000
Days on Site: 3 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.

Virtual Tour

General 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 / City

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

501 1st Ave

View Community Details →

Homes for Sale: 2
Under Contract: 0
Median List Price: $637,000
Median $/Sq Ft: $1,171
Avg Days on Market: 43

View all 2 homes for sale in 501 1st Ave →

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 Realty 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 3 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 Realty 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 Realty 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 Realty. 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