$449,000
121 NE 5th Street 3309
Explore the area: Miami homes for sale · Miami Dade County real estate
Price Check
How this price compares
- List price
- $449,000
- Price per sq ft
- $1,251
- Vs. nearby sales
- 148.2% above
- Days on market
- 58
This condo in ZIP 33132 is listed at $449,000, or $1,251 per square foot. It has been on the market for 58 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 148.2% above what comparable homes here actually sold for.
Estimated monthly payment
$2,360 /mo
Principal and interest only, based on $89,800 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $580/mo HOA are not included.
Customize this estimateListing Snapshot
- Price
- $449,000
- Days on Site
- 58 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Partial Baths
- 0
- Living Area
- 359 sqft
- Total Sq Ft
- 359 sqft
- Year Built
- 2025
- Property Type
- Condo
- MLS #
- A12070265
- HOA Fees
- $580 / Monthly
- Subdivision
- 501 FIRST RESIDENCES CONDO
- County
- Miami Dade
- Status
- Active
- Special Conditions
- Listed As Is
About This Property
Experience a new level of urban living in this brand-new, beautifully designed luxury studio in the heart of Downtown Miami. Unit 501 is offered fully furnished and move-in ready, featuring a modern, fully equipped kitchen and the convenience of a washer and dryer inside the residence. Enjoy an exceptional lifestyle surrounded by Miami's most vibrant destinations. The building offers a resort -style pool with beautiful views of the water, cruise ships and spectacular Miami sunsets, as well as a sophisticated green lounge designed for music, co- working and relaxation , with panoramic views of the city. Ideally located in downtown Miami, the residence is just minutes from Brickell, Wynwood Arts District, Bayside Marketplace, Kaseya Center and Port Miami, with convenient access to Miami Airport.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Active
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 40
- Garage Spaces
- 1
- Parking
- Detached / Garage / Valet
- Living Sq Ft
- 359
- Total Sq Ft
- 359
Interior Features
- Appliances
- Dryer / Dishwasher / Disposal / Ice Maker / Microwave
- Cooling
- Central Air
- Heating
- Central
- Flooring
- Ceramic Tile
- Interior Features
- Elevator
- Laundry
- Washer Hookup / Dryer Hookup
- Furnished
- Furnished
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Outdoor Living Area
- Patio & Porch
- Open / Balcony
- View
- Bay / Water
Community & HOA
- HOA Fee
- $580 / Monthly
- HOA Includes
- Common Areas / Cable Tv / Hot Water / Internet / Maintenance Grounds / Security / Trash
- Association Amenities
- Business Center / Clubhouse / Fitness Center / Library / Elevators
- Security
- Security System / Elevator Secured / Security Guard
- Utilities
- Cable Available
- Pets Allowed
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Ok To Lease / Short Term Rentals Allowed
- MLS Area
- 2410
This home's HOA fee works out to $580 a month, 31% below 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
About the Community
- Homes for Sale
- 3
- Under Contract
- 0
- Median List Price
- $570,000
- Median $/Sq Ft
- $1,251
- Avg Days on Market
- 59
Frequently Asked Questions
- How do I schedule a tour of 121 NE 5th Street 3309, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 121 NE 5th Street 3309, 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 3309, Miami, FL 33132 still available?
- 121 NE 5th Street 3309, Miami, FL 33132 is currently listed as Active, and has been on the market 58 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 3309, Miami, FL 33132?
- With 20% down ($89,800) on the $449,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 3309, Miami, FL 33132 is about $2,360/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 3309, 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 3309, 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 3309, Miami, FL 33132 have an HOA fee?
- Yes: 121 NE 5th Street 3309, Miami, FL 33132 carries an HOA fee of about $580 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 3309, Miami, FL 33132?
- 121 NE 5th Street 3309, 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 3309, Miami, FL 33132?
- Often, yes. The right offer on 121 NE 5th Street 3309, 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 Grand Realty of America, Corp.
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 August 30, 2026.
$449,000
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Listed by Mariela Victoria Martinez, Grand Realty of America, Corp.
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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 $517 per square foot. The most recent closed on October 15, 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$230,000
Sold · October 15, 2026
1750 N Bayshore Drive 1407
0 bed · 1 bath · 508 sqft · $453/sqft
$25,000 under the asking price
Sold$450,000
Sold · October 14, 2026
1800 N Bayshore Drive 306
1 bed · 2 bath · 870 sqft · $517/sqft
$25,000 under the asking price
Sold$420,000
Sold · October 14, 2026
1600 NE 1st Avenue 1014
1 bed · 1.5 bath · 857 sqft · $490/sqft
$3,000 under the asking price
Sold$730,000
Sold · October 9, 2026
1900 N Bayshore Drive 3202
2 bed · 2.5 bath · 1,400 sqft · $521/sqft
$25,000 under the asking price
Sold$399,000
Sold · October 9, 2026
20 NE 11th Street 4803A
0 bed · 1 bath · 275 sqft · $1,451/sqft
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
See every recorded sale in ZIP 33132 or find out what your ZIP 33132 home is worth.
