How do I schedule a tour of 121 NE 5th Street 712B, Miami, FL 33132?

Use the Tour button on this listing to request a showing of 121 NE 5th Street 712B, 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 712B, Miami, FL 33132 still available?

121 NE 5th Street 712B, Miami, FL 33132 is currently listed as Active, and has been on the market 5 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 712B, Miami, FL 33132?

With 20% down ($79,000) on the $395,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 712B, Miami, FL 33132 is about $2,076/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 712B, 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 712B, 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 712B, Miami, FL 33132 have an HOA fee?

Yes: 121 NE 5th Street 712B, Miami, FL 33132 carries an HOA fee of about $669 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 712B, Miami, FL 33132?

121 NE 5th Street 712B, 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 712B, Miami, FL 33132?

Often, yes. The right offer on 121 NE 5th Street 712B, 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.

Active

5 Days on Market

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$395,000

121 NE 5th Street 712B

Miami, FL 33132

501 RESIDENCES CONDO MIAMI

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

Price Check

How this price compares

List price: $395,000
Price per sq ft: $966
Original price: Unchanged
Days on market: 5

This condo in ZIP 33132 is listed at $395,000, or $966 per square foot. It has been on the market for 5 days.

Bedrooms

Bathrooms

409

Living Sq Ft

2026

Year Built

Estimated monthly payment

$2,076 /mo

Principal and interest only, based on $79,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance, and the $669/mo HOA are not included.

Customize this estimate

Listing Snapshot

Price: $395,000
Days on Site: 5 Days
Bedrooms: 0
Total Baths: 1
Full Baths: 1
Partial Baths: 0
Living Area: 409 sqft
Total Sq Ft: 409 sqft
Year Built: 2026
Property Type: Condo
MLS #: A12114500
HOA Fees: $669 / Monthly
Subdivision: 501 RESIDENCES CONDO MIAMI
County: Miami Dade
Status: Active
Special Conditions: Listed As Is

About This Property

Comfort modern Studio at brand new 501 First Residences Condo in Downtown Miami. Features floor to ceiling windows, an efficient open floor plan, high-speed internet, European kitchen style, in-unit washer/dryer, offered furnished with bed and additional sofa bed, dining area, TV, big closets, private balcony in-L. Enjoy Resort-style amenities including fitness center, room saloon, co-working spaces, rooftop Pool. Prime walkability to Miami Worldcenter, Bright-line Station, entertainment and culture venues, Brickell, Bayside and much more.

MLS media link

General Features

Property Type: Condo
Status: Active
Year Built: 2026
Property Condition: New Construction
New Construction: Yes
Number of Stories: 40
Garage Spaces: 1
Parking: Detached / Garage / Valet
Living Sq Ft: 409
Total Sq Ft: 409

Interior Features

Appliances: Dryer / Dishwasher / Electric Range / Electric Water Heater / Disposal / Ice Maker / Microwave / Refrigerator / Washer
Cooling: Central Air / Electric
Heating: Central / Electric
Flooring: Ceramic Tile / Tile
Interior Features: Bedroom On Main Level / Bathtub / Soaking Tub

Exterior Features

Construction: CBS Concrete Block Structure / Block
Exterior Features: Balcony / Lighting / Outdoor Living Area
Architectural Style: Other
Private Pool: Yes
Pool Features: Private / Association / Heated
Patio & Porch: Open / Porch / Wrap Around / Balcony
View: Other / Skyline

Community & HOA

HOA Fee: $669 / Monthly
HOA Includes: Common Areas / Legal Accounting / Maintenance Grounds / Maintenance Structure / Pools / Sewer / Security / Trash / Water
Association Amenities: Bike Storage / Business Center / Clubhouse / Community Kitchen / Fitness Center / Maintenance Grounds / Library / Management / Pool / Spa Hot Tub / Trash / Elevators
Community Features: Home Owners Association
Security: Security System / Elevator Secured / Fire Alarm / Smoke Detectors
Pets Allowed: Yes
Financing Terms: Cash / Conventional / FHA
Restrictions: Limited Number Vehicles / Ok To Lease
MLS Area: 2410

Schools

Elementary School: Frederick Douglass
Middle School: Jose De Diego
High School: Booker T. Washington

About the Area

Miami

View Miami Real Estate →

Browse Miami homes for sale across every neighborhood and price point in Miami-Dade. Available homes span single-family, townhome, and condo segments throughout the city. Miami includes gated golf communities, 55+ active adult neighborhoods, waterfront estates, and newer master-planned subdivisions. HOA fees vary by community type, from modest maintenance fees in non-gated subdivisions to higher dues in full-amenity country clubs. The city sits within Miami-Dade, offering access to South Florida beaches, major employment centers, and healthcare hubs. For current Miami-Dade market data, see Florida Realtors' monthly statistics. Browse the latest Miami listings below. Then connect with a Pure Equity agent to schedule a private showing.

Homes for Sale: 10,620
Under Contract: 1,797
Median List Price: $645,000
Median Sale Price (October): $585,000
Median $/Sq Ft: $508
Avg Days on Market: 153

View all 10,620 homes for sale in Miami →

Frequently Asked Questions

How do I schedule a tour of 121 NE 5th Street 712B, Miami, FL 33132?: Use the Tour button on this listing to request a showing of 121 NE 5th Street 712B, 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 712B, Miami, FL 33132 still available?: 121 NE 5th Street 712B, Miami, FL 33132 is currently listed as Active, and has been on the market 5 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 712B, Miami, FL 33132?: With 20% down ($79,000) on the $395,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 712B, Miami, FL 33132 is about $2,076/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 712B, 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 712B, 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 712B, Miami, FL 33132 have an HOA fee?: Yes: 121 NE 5th Street 712B, Miami, FL 33132 carries an HOA fee of about $669 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 712B, Miami, FL 33132?: 121 NE 5th Street 712B, 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 712B, Miami, FL 33132?: Often, yes. The right offer on 121 NE 5th Street 712B, 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 PFS Realty 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 November 14, 2026.

$395,000

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Listed by Arianny T Santos, PFS Realty LLC

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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 $570 per square foot. The most recent closed on November 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.