121 NORTH EAST 5 ST #3112, Miami
$850,000 USD 2 2
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| Address | 121 NORTH EAST 5 ST #3112, Miami |
| Building Name | 501 FIRST |
| Type of Property | Condominium |
| Price | $850,000 |
| Property Status | Active |
| MLS Number | A12000487 |
| Bedrooms Number | 2 |
| Full Bathrooms Number | 2 |
| Living Area | 757 |
| Year Built | 2025 |
| Garage Spaces Number | 1 |
| Folio Number | 01-41-01-008-4450 |
| Days on Market | 2 |
Detailed Description: This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami’s fastest-growing neighborhoods.
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Address Information
| State | Florida |
| City | Miami |
| County | Miami-Dade County |
| Zip Code | 33132 |
| Address | 121 NORTH EAST 5 ST |
| Section | 1 |
Financial Information
| Price | $850,000 |
| Price per Foot | $0 |
| Folio Number | 01-41-01-008-4450 |
| Maintenance Charge Month | $1,240 |
| Association Fee Paid | Monthly |
| Association Fee | $1,240 |
| Tax Year | 2025 |
| Possession Information | Funding |
Full Descriptions
| Detailed Description | This stunning unit located at 501 First Residences in the heart of Downtown Miami offers an exceptional opportunity for both investors and end users. The residence features a sleek contemporary design with high-quality finishes, floor-to-ceiling windows, and open city views, along with beautiful water views of Biscayne Bay that provide abundant natural light. The building allows short-term rentals with no restrictions, making it ideal for generating income through platforms like Airbnb or traditional leasing. The unit offers an efficient layout, a fully equipped kitchen, and bright, comfortable living spaces, along with access to top-tier amenities. Residents enjoy a resort-style pool, fitness center, social areas, and 24/7 security, all within close proximity to Brickell, Miami World Center, public transportation, shopping, and dining. Perfect as a primary residence, vacation home, or high-performing investment property in one of Miami’s fastest-growing neighborhoods. |
| Property View | Ocean View, Water View |
| Floor Description | Ceramic Floor |
| Interior Features | First Floor Entry |
| Exterior Features | Open Balcony |
| Equipment Appliances | Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer |
| Amenities | Business Center, Exercise Room, Pool |
| Cooling Description | Electric |
| Heating Description | Electric |
| Parking Description | Valet |
| Pet Restrictions | Yes |
Property parameters
| Bedrooms Number | 2 |
| Full Baths Number | 2 |
| Balcony Includes | 1 |
| Living Area | 757 |
| Year Built | 2025 |
| Type of Property | Condominium |
| Building Name | 501 FIRST |
| Development Name | 501 FIRST RESIDENCES CONDO |
| Construction Type | CBS Construction |
| Street Direction | North East |
| Garage Spaces Number | 1 |
| Listed with | IRG |