How do I schedule a tour of 121 NE 5th Street 2411, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 121 NE 5th Street 2411, 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 2411, Miami, FL 33132 still available?

121 NE 5th Street 2411, Miami, FL 33132 is currently listed as Active, and has been on the market 125 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 2411, Miami, FL 33132?

With 20% down ($118,980) on the $594,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 2411, Miami, FL 33132 is about $3,126/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 2411, 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 2411, 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 2411, Miami, FL 33132 have an HOA fee?

Yes: 121 NE 5th Street 2411, 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 2411, Miami, FL 33132?

121 NE 5th Street 2411, 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 2411, Miami, FL 33132?

Often, yes. The right offer on 121 NE 5th Street 2411, 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

125 Days on Market

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$594,900

121 NE 5th Street 2411

Miami, FL 33132

501 First Residences

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

Bedrooms

Bathrooms

597

Living Sq Ft

2026

Year Built

Estimated monthly payment

$3,126 /mo

Principal and interest only, based on $118,980 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $890/mo HOA are not included.

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Listing Snapshot

Price: $594,900
Days on Site: 125 Days
Bedrooms: 1
Total Baths: 2
Full Baths: 2
Living Area: 597 sqft
Total Sq Ft: 659 sqft
Year Built: 2026
Property Type: Condo
MLS #: A11975772
HOA Fees: $890 / Monthly
Subdivision: 501 First Residences
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

We just reduced the Price 55K for a quick sale, call your investors! 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. Seller financing available.

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General Features

Property Type: Condo
Status: Active
Year Built: 2026
Property Condition: New Construction
New Construction: Yes
Number of Stories: 40
Garage Spaces: 0
Parking: Valet
Living Sq Ft: 597
Total Sq Ft: 659

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Disposal / Ice Maker / Microwave
Cooling: Central Air
Heating: Central
Flooring: Tile
Interior Features: Built In Features / Closet Cabinetry / Living Dining Room / Custom Mirrors / Other
Total Rooms: 2

Exterior Features

Construction: Block
Exterior Features: Barbecue / Outdoor Living Area
Pool Features: Association
Patio & Porch: Deck
View: Bay / City

Community & HOA

HOA Fee: $890 / Monthly
HOA Includes: Common Areas / Hot Water / Insurance / Internet / Maintenance Grounds / Pools / Recreation Facilities / Sewer / Trash / Water
Association Amenities: Billiard Room / Business Center / Clubhouse / Fitness Center / Maintenance Grounds / Management / Other / Picnic Area / Playground / Pool / Sauna / Spa Hot Tub / Trash
Security: Security System / Elevator Secured / Lobby Secured
Utilities: Cable Available
Pets Allowed: Pet Restrictions / 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 First Residences

View Community Details →

501 First Residences is a community in Miami, Miami-Dade County, Florida. Active listings are priced from $375,000 to $995,000. Homes were built between 2025 and 2026. Pure Equity Realty lists homes in 501 First Residences for 1% commission and represents buyers at no cost.

Homes for Sale: 38
Under Contract: 0
Median List Price: $567,000
Median $/Sq Ft: $1,078
Avg Days on Market: 105

View all 38 homes for sale in 501 First Residences →

Frequently Asked Questions

How do I schedule a tour of 121 NE 5th Street 2411, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 121 NE 5th Street 2411, 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 2411, Miami, FL 33132 still available?: 121 NE 5th Street 2411, Miami, FL 33132 is currently listed as Active, and has been on the market 125 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 2411, Miami, FL 33132?: With 20% down ($118,980) on the $594,900 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 2411, Miami, FL 33132 is about $3,126/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 2411, 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 2411, 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 2411, Miami, FL 33132 have an HOA fee?: Yes: 121 NE 5th Street 2411, 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 2411, Miami, FL 33132?: 121 NE 5th Street 2411, 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 2411, Miami, FL 33132?: Often, yes. The right offer on 121 NE 5th Street 2411, 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 Rutois International 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 June 23, 2026.

$594,900