How do I schedule a tour of 121 NE 5th Street 2708, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 121 NE 5th Street 2708, 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 2708, Miami, FL 33132 still available?

121 NE 5th Street 2708, Miami, FL 33132 is currently listed as Active, and has been on the market 1 day. 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 2708, Miami, FL 33132?

With 20% down ($121,000) on the $605,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 2708, Miami, FL 33132 is about $3,180/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 2708, 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 2708, 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 2708, Miami, FL 33132 have an HOA fee?

Yes: 121 NE 5th Street 2708, Miami, FL 33132 carries an HOA fee of about $877 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 2708, Miami, FL 33132?

121 NE 5th Street 2708, 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 2708, Miami, FL 33132?

Often, yes. The right offer on 121 NE 5th Street 2708, 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

1 Day on Market

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$605,000

121 NE 5th Street 2708

Miami, FL 33132

501 First Residences

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

Bedrooms

Bathrooms

535

Living Sq Ft

2025

Year Built

Estimated monthly payment

$3,180 /mo

Principal and interest only, based on $121,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $877/mo HOA are not included.

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Listing Snapshot

Price: $605,000
Days on Site: 1 Days
Bedrooms: 1
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 535 sqft
Total Sq Ft: 535 sqft
Year Built: 2025
Property Type: Condo
MLS #: A12078643
HOA Fees: $877 / Monthly
Subdivision: 501 First Residences
Development: 501 First Residences
County: Miami Dade
Status: Active

About This Property

Turnkey corner 1BR/1BA at 501 First Residences, Miami Worldcenter — a building with NO rental restrictions, where daily Airbnb/short-term rentals are fully permitted. Sold fully furnished and completely turnkey: start renting the day after closing. Currently a successful, income-producing short-term rental built to cover its own carrying costs. Corner unit with a wraparound balcony and city + bay views, full modern kitchen, in-unit washer/dryer, and central A/C. Building offers a rooftop pool + hot tub, fitness center, co-working spaces, resident lounges, BBQ terrace, and secure controlled-access entry. Steps to Metromover/Metrorail; 5 min to Brickell, 10 to Miami Beach, 15 to MIA. A rare, legally short-term-rentable condo in Downtown Miami.

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General Features

Property Type: Condo
Status: Active
Year Built: 2025
Property Condition: New Construction
New Construction: Yes
Number of Stories: 40
Garage Spaces: 0
Parking: On Street / Valet
Living Sq Ft: 535
Total Sq Ft: 535

Interior Features

Appliances: Dryer / Dishwasher / Ice Maker / Microwave / Refrigerator / Trash Compactor / Washer
Cooling: Central Air
Heating: Central
Flooring: Vinyl
Interior Features: Closet Cabinetry / Elevator / Living Dining Room / Separate Shower
Furnished: Furnished

Exterior Features

Construction: Block
Exterior Features: Balcony / Outdoor Living Area
Pool Features: Association
Patio & Porch: Open / Balcony
Waterfront: Yes
Waterfront Features: Bayfront
View: Bay / City / Water

Community & HOA

HOA Fee: $877 / Monthly
HOA Includes: Maintenance Structure
Association Amenities: Clubhouse / Community Kitchen / Elevators / Fitness Center / Maintenance Grounds / Picnic Area / Pool / Sauna
Community Features: Home Owners Association
Security: Security System / Fire Alarm / Fire Sprinkler System / Key Card Entry / Smoke Detectors / Security Guard
Pets Allowed: No
Financing Terms: Cash / Conventional / FHA / Va Loan
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 2708, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 121 NE 5th Street 2708, 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 2708, Miami, FL 33132 still available?: 121 NE 5th Street 2708, Miami, FL 33132 is currently listed as Active, and has been on the market 1 day. 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 2708, Miami, FL 33132?: With 20% down ($121,000) on the $605,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 2708, Miami, FL 33132 is about $3,180/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 2708, 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 2708, 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 2708, Miami, FL 33132 have an HOA fee?: Yes: 121 NE 5th Street 2708, Miami, FL 33132 carries an HOA fee of about $877 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 2708, Miami, FL 33132?: 121 NE 5th Street 2708, 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 2708, Miami, FL 33132?: Often, yes. The right offer on 121 NE 5th Street 2708, 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 Luxe Properties

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.

$605,000