Overview
Description
SELLER MOTIVATED! PRICE REDUCED $69,000 FOR IMMEDIATE SALE. Rare opportunity to own one of Downtown Miami’s most investor-friendly residences. Brand-new, never occupied, and fully furnished with premium designer upgrades throughout. Truly turnkey—just bring your suitcase. Every detail has been thoughtfully curated to deliver a luxury experience for owners and guests alike.
One of the few residences in the area with NO RENTAL RESTRICTIONS, allowing short-term rentals, long-term rentals, seasonal use, or owner occupancy with maximum flexibility. Ideal for investors seeking strong income potential in Miami’s rapidly growing Worldcenter district.
Features 1 Bedroom + Den, 2 Full Bathrooms, floor-to-ceiling impact glass, private balcony, Italian cabinetry, premium appliances, and designer furnishings included in the sale. The versatile den easily functions as a guest room or home office.
Enjoy over 20,000 SF of luxury amenities including rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef’s kitchen, and more.
Seller may contribute up to $10,000 toward Buyer’s closing costs, subject to offer terms and lender approval. EASY TO SHOW. Bring all offers.
Virtual Tour
Address
- Street121 5th St #711
- CityMiami
- Subdivision501 First Residences
- CountyMiami-Dade County
- StateFL
- Zip33132
- MLS #A12029991
Interior
- Bedrooms Total1
- Entry Level7
- FlooringOther, Tile
- FurnishedFurnished,Turn Key Furnished
- HeatingElectric, Other
- HeatingYes
- Interior FeaturesLobby, Closet Cabinetry, Custom Mirrors, Other, Pantry, Den/Library/Office
- Living Area544
- Living Area UnitsSquare Feet
- Other EquipmentElevator
- Rooms Total0
- Security FeaturesFire Alarm, Smoke Detector, Elevator Secure, Card Entry, Lobby Secured
- Window FeaturesClear Impact Glass, High Impact Windows, Impact Glass, Other Windows
Exterior
- Exterior FeaturesOther, Barbeque, Open Balcony
- Garage Spaces2
- GarageYes
- Lot Size Square Feet0
- Lot Size UnitsSquare Feet
- Parking Features2 Or More Spaces, None, Valet, No Motorcycle, No Rv/Boats, No Trucks/Trailers
- Patio And Porch FeaturesDeck, Open Balcony
- ViewOther View, Skyline
- ViewYes
Structure
- New ConstructionYes
- Property AttachedYes
- Property ConditionNew Construction
- Stories Total40
- Structure TypeCondo 5+ Stories, Condo
- Year Built2025
- Year Built DetailsNew Construction
Financial
- Other Expense0
- Parcel Number01-41-01-008-3790
- Public Survey Range41
- Public Survey Section1
- Public Survey Township41
- Tax Annual Amount0
- Tax Legal Description501 FIRST RESIDENCES CONDO UNIT 711 UNDIV 0.22466% INT IN COMMON ELEMENTS OFF REC 35067-4463
- Tax Year2025
Schools
- Elementary SchoolWheatley; Phyllis
- High SchoolSchool for Adv Studies Wolfson
Location
- MLS Area Major501 First Residences
- Postal Code33132
- Postal Code Plus42617
- Street Direction PrefixNE
- Street Name5th St
- Street Number121
- Street Number Numeric121
- Subdivision Name501 First Residences
- Unit Number711
- Unparsed Address121 NE 5th St # 711, Miami FL 33132
Features & Amenities
- 2 Or More Spaces
- Barbeque
- Closet Cabinetry
- Custom Mirrors
- Den/Library/Office
- Dishwasher
- Disposal
- Dryer
- Electric
- Electric Range
- Electric Water Heater
- Ice Maker
- Lobby
- Microwave
- No Motorcycle
- No Rv/Boats
- No Trucks/Trailers
- None
- Open Balcony
- Other
- Other View
- Pantry
- Private Pool
- Refrigerator
- Self Cleaning Oven
- Skyline
- Tile
- Valet
- Washer
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
Meet your agent
Claudia Castano Barroso
Listing Agent · Realty One Group Estates
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