This home has sold.
Photo courtesy of Beaches MLS
Condo · Miami · 501 First Residences
121 NE 5th Street #912B, Miami, FL
About this home
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.
- Area
- Miami
- Building
- 501 First Residences
- MLS #
- A12006409
- Sold for
- $391,000
- Sold on
- July 9, 2026
- Living area (m²)
- 43 m²
- Price per m²
- $9,192
- HOA (per month)
- $650Includes: Hot Water, Internet, Sewer, Trash
- Year built
- 2025
- Floors in the building
- 52
- Parking
- Garage: 1
- Pets
- Allowed
- New construction
- Yes
- Flooring
- Tile
- View
- Garden
- Listed
- April 23, 2026
- Previous price
- $448,500
Interior features
- Main Level Primary
- Tub Shower
Exterior features
- Balcony
- Courtyard
- Outdoor Living Area
Building amenities
- Business Center
- Clubhouse
- Maintenance Grounds
- Pool
- Parking
- Sauna
- Trash
Parking features
- Garage
- Garage Door Opener
Appliances
- Dryer
- Dishwasher
- Electric Range
- Disposal
- Microwave
- Refrigerator
- Washer
Price and status history
- Listed for $448,500
- Price dropped from $448,500 to $414,500 (7.6%)
- Under contract
- Sold for $391,000
From the MLS listing date, original price, latest price change and status dates. The feed does not list every change in between.
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Listing information is deemed reliable but is not guaranteed and is provided exclusively for consumers' personal, non-commercial use. Data is supplied by the MLS and may be subject to change or withdrawal without notice.
Last updated July 13, 2026, 6:04 pm