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121 NE 5th Street 3006, Miami, FL 33132
Active
13 Days on Market
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$570,000

121 NE 5th Street 3006

Miami, FL 33132

501 FIRST RESIDENCES CONDO

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

How this price compares

List price
$570,000
Price per sq ft
$1,115
Vs. nearby sales
121.2% above
Days on market
13

This 1-bedroom condo in ZIP 33132 is listed at $570,000, or $1,115 per square foot. It has been on the market for 13 days. The 6 most recent condo sales in the closings shown below sold at a median of $504 per square foot, so the asking price is 121.2% above what comparable homes here actually sold for.

1
Bedrooms
2
Bathrooms
511
Living Sq Ft
2025
Year Built

Estimated monthly payment

$2,996 /mo

Principal and interest only, based on $114,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $839/mo HOA are not included.

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Listing Snapshot

Price
$570,000
Days on Site
13 Days
Bedrooms
1
Total Baths
2
Full Baths
1
Partial Baths
1
Living Area
511 sqft
Total Sq Ft
511 sqft
Year Built
2025
Property Type
Condo
MLS #
A12093736
HOA Fees
$839 / Monthly
Subdivision
501 FIRST RESIDENCES CONDO
County
Miami Dade
Status
Active
Special Conditions
Listed As Is

About This Property

Miami property that you can enjoy personally while still having strong investment potential,, this is the kind of opportunity worth considering. Unit 3006 at 501 First Residences is a furnished 1-bedroom, 1.5-bath home perched high above Downtown Miami, with floor-to-ceiling windows, abundant natural light, modern finishes, and a private balcony with city views. Enjoy rooftop pools, a fitness center, spa, resident lounges, and coworking spaces. Located moments from Miami World Center, Kaseya Center, Brightline, dining, shopping, and entertainment. Ready to enjoy from day one.

MLS media link

General Features

Property Type
Condo
Status
Active
Year Built
2025
Property Condition
New Construction
New Construction
Yes
Number of Stories
40
Garage Spaces
1
Attached Garage
Yes
Parking
Attached / Garage / Valet
Living Sq Ft
511
Total Sq Ft
511

Interior Features

Appliances
Dryer / Dishwasher / Electric Range / Disposal / Microwave / Oven / Refrigerator / Washer
Cooling
Central Air
Heating
Central
Flooring
Ceramic Tile
Interior Features
Other / Separate Shower

Exterior Features

Construction
CBS Concrete Block Structure / Block
Exterior Features
Balcony / Outdoor Living Area
Pool Features
Association
Patio & Porch
Open / Balcony
View
Other

Community & HOA

HOA Fee
$839 / Monthly
Association Amenities
Business Center / Clubhouse / Elevators / Fitness Center / Maintenance Grounds / Other / Pool / Sauna / Spa Hot Tub
Security
Security System / Smoke Detectors
Pets Allowed
Yes
55+ Community
Yes
Financing Terms
Cash / Conventional
Restrictions
Other Restrictions
MLS Area
2410

This home's HOA fee works out to $839 a month, in line with the $839 median across 3 homes for sale in this community. See the community's HOA fees

Schools

Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington
Homes for Sale
3
Under Contract
0
Median List Price
$570,000
Median $/Sq Ft
$1,251
Avg Days on Market
59
View all 3 homes for sale in 501 First Residences Condo →
How do I schedule a tour of 121 NE 5th Street 3006, Miami, FL 33132?
Use the Tour button on this listing to request a showing of 121 NE 5th Street 3006, 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 3006, Miami, FL 33132 still available?
121 NE 5th Street 3006, Miami, FL 33132 is currently listed as Active, and has been on the market 13 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 3006, Miami, FL 33132?
With 20% down ($114,000) on the $570,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 3006, Miami, FL 33132 is about $2,996/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 3006, 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 3006, 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 3006, Miami, FL 33132 have an HOA fee?
Yes: 121 NE 5th Street 3006, Miami, FL 33132 carries an HOA fee of about $839 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 3006, Miami, FL 33132?
121 NE 5th Street 3006, 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 3006, Miami, FL 33132?
Often, yes. The right offer on 121 NE 5th Street 3006, 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 Sieber International, 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 September 27, 2026.

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Listed by Ruedi Sieber, Sieber International, LLC

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