$690,000
121 NE 5th Street 2102
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $690,000
- Price per sq ft
- $1,268
- Original price
- Unchanged
- Days on market
- 121
This 1-bedroom condo in ZIP 33132 is listed at $690,000, or $1,268 per square foot. It has been on the market for 121 days.
Estimated monthly payment
$3,626 /mo
Principal and interest only, based on $138,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $890/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $690,000
- Days on Site
- 121 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 #
- A12023677
- HOA Fees
- $890 / Monthly
- Subdivision
- 501 1ST AVE
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Best deal at 501 First! Modern 1 Bed + Den condominium located in the heart of Downtown Miami, with exceptional views and prime positioning within the building. This unit is one of the few in the area featuring no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility. Delivered fully furnished in a brand-new building, the residence has never been occupied, presenting a true turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that support both comfort and strong rental demand. With the best location and one of the most desirable views in the building, the smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside.
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
- $890 / Monthly
- HOA Includes
- Cable Tv / Internet
- Association Amenities
- Business Center / Cabana / Clubhouse
- Security
- Closed Circuit Cameras / Elevator Secured / Lobby Secured
- Utilities
- Cable Available
- Pets Allowed
- Size Limit / Yes
- Financing Terms
- Cash / Conventional / Cryptocurrency
- 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
- 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 2102, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 121 NE 5th Street 2102, 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 2102, Miami, FL 33132 still available?
- 121 NE 5th Street 2102, Miami, FL 33132 is currently listed as Active, and has been on the market 121 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 2102, Miami, FL 33132?
- With 20% down ($138,000) on the $690,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 2102, Miami, FL 33132 is about $3,626/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 2102, 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 2102, 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 2102, Miami, FL 33132 have an HOA fee?
- Yes: 121 NE 5th Street 2102, Miami, FL 33132 carries an HOA fee of about $890 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 2102, Miami, FL 33132?
- 121 NE 5th Street 2102, 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 2102, Miami, FL 33132?
- Often, yes. The right offer on 121 NE 5th Street 2102, 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 Florida Capital Realty
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.
$690,000
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Listed by Valeria Vega, Florida Capital Realty
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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 $684 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$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$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
Sold$350,000
Sold · September 30, 2026
1750 N Bayshore Drive 4912
1 bed · 1 bath · 791 sqft · $442/sqft
$33,000 under the asking price
Sold$2,025,000
Sold · September 30, 2026
488 NE 18th Street 715
3 bed · 4 bath · 2,018 sqft · $1,003/sqft
$74,000 under the asking price
See every recorded sale in ZIP 33132 or find out what your ZIP 33132 home is worth.
