HOMES BY DARCI
Southern Key Realty
121 NE 5 Street 3112 Miami FL 33132
Water Views - New Construction
Address
121 Ne 5 Street 3112, Miami, FL
Price
$ 850,000
Property Attributes
- MLS#A12000487
- TypeCondos
- Listing Status Active
- CountyMiami-Dade
- CityMiami
- Area2410
- Neighborhood501 FIRST RESIDENCES CONDO
- Zip33132
- Style
- Year Built2025
- Price$ 850,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Sqr Footage757
Data Source:
Beaches MLS (FL)
Property 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.
| Elementary School | Middle School | High School |
|---|---|---|
| Frederick Douglass Elementary School | Jose De Diego Middle School | Booker T. Washington High School |
| Price History | |
|---|---|
| 6/9/2026 | Listed $850,000 |
General Features
| Heating | Electric |
|---|---|
| Cooling | Electric |
| Possession | Negotiable |
| Appliances | Dryer,Dishwasher,Disposal,Microwave,Refrigerator,Washer |
| HOA Fee | 1240 |
| Garage Spaces | 1 |
| Association Fee Includes | CommonAreas,MaintenanceStructure,Security |
| Patio/Porch Features | Open,Balcony |
| Pool Features | Association |
| Security Features | SecuritySystem |
| Construction Materials | Block |
| Pets Allowed | NoPetRestrictions,Yes |
| Year Built | 2025 |
| View | Ocean,Water |
| Unit Number | 3112 |
| Property Subtype | Condominium |
| Tax Year | 2025 |
| Assoc Fee Paid Per | Monthly |
| County | Miami-Dade |
| New Construction | true |
| Property Type | Residential |
| Association Amenities | BusinessCenter,FitnessCenter,MaintenanceGrounds,Pool |
| Subdivision Name | 501 FIRST RESIDENCES CONDO |
| Garage Y/N | true |
| Full Baths | 2 |
| Status | Active |
| High School | Booker T. Washington |
| City | Miami |
| Senior Community Y/N | false |
| MLS Area | 2410 |
| Elementary School | Frederick Douglass |
| Middle/Junior High School | Jose De Diego |
| Property Condition | NewConstruction |
| Virtual Tour | https://www.propertypanorama.com/instaview/mia/A12000487 |
| Standard Status | Active |
| Occupancy Type | Vacant |
| Property Sub Type Additional | Condominium |
| PostalCity | Miami |
| Legal Description | 501 FIRST RESIDENCES CONDO UNIT 3112 UNDIV 0.31236%INT IN COMMON ELEMENTS OFF REC 35067-4463 |
Interior Features
| Interior Amenities | BedroomOnMainLevel |
|---|---|
| Flooring | CeramicTile |
| Total Stories | 40 |
| Air Conditioning Y/N | true |
| Heating Y/N | true |
| Total Bedrooms | 2 |
| Entry Level | 1 |
| Total Baths | 2 |
Exterior Features
| Exterior Amenities | Balcony,OutdoorLivingArea |
|---|---|
| Parking Features | Valet |
| Waterfront Y/N | false |
| Covered Spaces | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Pets
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Condos Average in 33132
Price
Year Built
In The Neighborhood
Just Listed
Miami
$ 1,050,000
121 Ne 5th Street 2401
Miami, FL 33132
- Type
- Condos
- Size
- 760 SqFt
- Rooms
- 2 Beds + 2 Baths
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