$391,000
Sold · July 9, 2026
121 NE 5th Street 912B
Explore the area: Miami homes for sale · Miami Dade County real estate
Sale Summary
What this home sold for
- Sold price
- $391,000
- Vs. list price
- 5.7% under
- Days on market
- 53
- Price per sq ft
- $854
This condo in ZIP 33132 sold for $391,000 on July 9, 2026. That was 5.7% below its final list price of $414,500. It first came on the market at $448,500, so the price was adjusted before it sold. It spent 53 days on the market. At $854 per square foot, it closed 69.4% above the $504 median of the 6 other condo sales in the recent closings shown below.
Listing Snapshot
- Sold Price
- $391,000
- Sold On
- July 9, 2026
- Days on Site
- 53 Days
- Bedrooms
- 0
- Total Baths
- 1
- Full Baths
- 1
- Living Area
- 458 sqft
- Year Built
- 2025
- Property Type
- Condo
- MLS #
- A12006409
- HOA Fees
- $650 / Monthly
- Subdivision
- 501 First Residences
- County
- Miami Dade
- Status
- Sold
- Special Conditions
- Listed As Is
About This Property
Modern, turnkey studio in brand new construction at 501 First Residences in Downtown Miami. 475 SF designer fully furnished and finished. No rental restrictions. Revenue the day you close. Floor-to-ceiling glass, private balcony, European cabinetry and appliances. In unit washer/dryer. Dedicated owners’ storage literally 5 steps from the unit’s front door. Luxury amenities include a 75-foot rooftop lap pool, hot tub, cold plunge, summer kitchen, a private rooftop theater, and three luxury coworking lounges in the building. 24-hour valet. Contactless package lockers. Prime location with Brickell, Bayside, Miami Worldcenter, Brightline, top dining and entertainment, Kaseya Center, Bayfront Park, Pérez Art Museum, and Frost Museum of Science all less than a 5-10 minute walk away. Ultimate short-term rental potential in one of Miami’s fastest-growing urban areas. This unit features an extra closet and larger tub/shower other studios in this building do not have.
MLS media linkGeneral Features
- Property Type
- Condo
- Status
- Sold
- Year Built
- 2025
- Property Condition
- New Construction
- New Construction
- Yes
- Number of Stories
- 52
- Garage Spaces
- 1
- Parking
- Garage / Garage Door Opener
- Living Sq Ft
- 458
Interior Features
- Appliances
- Dryer / Dishwasher / Electric Range / Disposal / Microwave / Refrigerator / Washer
- Cooling
- Central Air
- Heating
- Electric
- Flooring
- Tile
- Interior Features
- Main Level Primary / Tub Shower
Exterior Features
- Construction
- Block
- Exterior Features
- Balcony / Courtyard / Outdoor Living Area
- Pool Features
- Association
- Patio & Porch
- Open / Balcony
- View
- Garden
Community & HOA
- HOA Fee
- $650 / Monthly
- HOA Includes
- Hot Water / Internet / Sewer / Trash
- Association Amenities
- Business Center / Clubhouse / Maintenance Grounds / Pool / Parking / Sauna / Trash
- Community Features
- Home Owners Association
- Security
- Security System / Closed Circuit Cameras / Elevator Secured / Lobby Secured / Security Guard
- Pets Allowed
- Pet Restrictions / Yes
- 55+ Community
- Yes
- Financing Terms
- Cash / Conventional
- Restrictions
- Other 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 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 lists homes in 501 First Residences and represents buyers. Commission is negotiable, and what we are paid is agreed with you in writing before you commit to anything.
- Homes for Sale
- 33
- Under Contract
- 1
- Median List Price
- $500,000
- Median $/Sq Ft
- $1,091
- Avg Days on Market
- 120
Frequently Asked Questions
- How do I schedule a tour of 121 NE 5th Street 912B, Miami, FL 33132?
- Use the Tour button on this listing to request a showing of 121 NE 5th Street 912B, 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 912B, Miami, FL 33132 still available?
- 121 NE 5th Street 912B, Miami, FL 33132 is currently listed as Sold, and has been on the market 53 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 912B, Miami, FL 33132?
- With 20% down ($82,900) on the $414,500 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 121 NE 5th Street 912B, Miami, FL 33132 is about $2,178/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 912B, 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 912B, 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 912B, Miami, FL 33132 have an HOA fee?
- Yes: 121 NE 5th Street 912B, Miami, FL 33132 carries an HOA fee of about $650 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 912B, Miami, FL 33132?
- 121 NE 5th Street 912B, 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 912B, Miami, FL 33132?
- Often, yes. The right offer on 121 NE 5th Street 912B, 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 Lifestyle International Realty
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 July 1, 2026.
$391,000
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Listed by Lazara Yanelsi Garcia, Lifestyle International Realty
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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.
