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Active Under ContractMLS listing sourceMIAMI REALTORS® MLS
Active Under ContractMLS® A11990531
$598,900

121 NE 5th Street 2611, Miami, FL 33132

Beds
1
Baths
2
Sqft
—
Est. payment$4,302/mo
Home type
Condominium
Year built
2026
Lot size
—
Price / sqft
—
HOA
$895/mo
Community
501 First Residences

Property description

Beautiful 1 Bed 1 Den/ 2 Full Baths in the brand new 501 First Residences in Downtown Miami. Spectacular views! Fully furnished and move-in ready, just bring your toothbrush! No rental restrictions-Airbnb allowed. Amazing amenities!!! Don’t miss the opportunity to live in the heart of Miami, where everyone wants to be. Amazing restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short-term rental, it’s the perfect combination. It’s not a condo-hotel. Don’t miss it!!!

Listing activity

Days on market
186
Listed
Mar 27, 2026
MLS listing updated
6 hours ago
Feed last checked
11 minutes ago

Listed by Gladys Lell · Affinity International Realty

Map

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms
1
Bathrooms
2
Bathrooms (decimal)
2
Full bathrooms
2

Rooms & features

Rooms
1
Interior features
Built-in Features, Closet Cabinetry, Custom Mirrors
Flooring
Ceramic Tile
Appliances
Dishwasher, Disposal, Dryer, Electric Range, Ice Maker, Microwave, Refrigerator, Trash Compactor, Washer

Heating & cooling

Heating
Central
Cooling
Central Air
Property

Parking

Garage spaces
0
Carport spaces
0
Covered spaces
0
Parking features
Valet
Attached garage
No

Exterior

Stories
40
Patio & porch
Deck
Exterior features
Barbecue
View
Bay, Skyline
Waterfront property
No
Construction

Type & style

Home type
Condominium
Year built
2026
New construction
Yes

Materials

Construction
CBS
Property condition
New Construction
Utilities & green energy

Utilities

Utilities
Cable Available
Community & HOA

Community

Subdivision
501 First Residences
MLS area
2410
Security
Elevator Secure, Lobby - Attended, Security System
Pets allowed
Pet Restrictions Possible, Yes
55+ community
No

Association

Has association
Yes
Association fee
$895 monthly
Estimated monthly dues
$895
Amenities
Maintenance, Pool, Billiard Room, Business Center, Clubhouse, Elevator(s), Fitness Center, Management, Picnic Area, Playground, Sauna, Spa/Hot Tub, Trash Chute
Services included
Recreation Facility, Pool Service, Common Areas, Hot Water, Insurance, Internet, Maintenance Grounds, Sewer, Trash, Water
Lease details

Not reported by the listing source.

Location

Area details

City
Miami
County
Miami-Dade
ZIP code
33132
Manufactured home details

Not reported by the listing source.

Financial & listing details

Listing

MLS number
A11990531
Possession
Negotiable
Original list price
$660,000
Parcel number
0000005011911
Annual property tax
$0
Tax year
2026
Tax legal description
501 First Residences Unit 2611
Additional MLS details

Reported by the listing source

Association Amenities
Maintenance, Pool, Billiard Room, Business Center, Clubhouse, Elevator(s), Fitness Center, Management, Picnic Area, Playground, Sauna, Spa/Hot Tub, Trash Chute
Association Fee Frequency
Monthly
Association Fee Includes
Recreation Facility, Pool Service, Common Areas, Hot Water, Insurance, Internet, Maintenance Grounds, Sewer, Trash, Water
Association
Yes
Bathrooms Total Decimal
2
Bathrooms Total Integer
2
Construction Materials
CBS
County Or Parish
Miami-Dade
Days On Market
186
Elementary School
Frederick Douglass
High School
Booker T. Washington
List Price
598900
Listing Contract Date
2026-03-27
MLSArea Major
2410
Middle Or Junior School
Jose De Diego
Mls Status
Active Under Contract
On Market Date
2026-03-27
Patio And Porch Features
Deck
Photos Count
82
Postal Code
33132
Price Change Timestamp
2026-08-05T18:18:57Z
Property Sub Type
Condominium
Property Type
Residential
Rooms Total
1
Security Features
Elevator Secure, Lobby - Attended, Security System
Senior Community
No
Standard Status
Active Under Contract
State Or Province
FL
Status Change Timestamp
2026-09-29T18:56:43Z
Stories Total
40
Subdivision Name
501 First Residences
Tax Annual Amount
0
Bathrooms Full
2
Bedrooms Total
1
Waterfront
No
Financial Information: Estimated Monthly Assoc Recurring Fee
895

Market value

Automated estimate—No licensed valuation source connected
Estimated sales range—Ask Karim for a local market analysis
Estimated rent—No licensed rental valuation source connected

Price history

DateEventPrice
Mar 27, 2026ListedMIAMI REALTORS® MLS$660,000
Aug 5, 2026Price reducedMIAMI REALTORS® MLS$598,900

Public tax history

YearProperty taxesAssessment
2026$0—

Payment calculator

Estimated monthly payment$4,302/moIllustrative estimate, not a loan offer.
Principal & interest
$3,108
Property taxes
$0
Insurance
$299
Association dues
$895

Live national rate context is displayed below through Mortgage News Daily’s official widget. The calculator rate remains a separate assumption until licensed machine-readable access is connected. This is not a loan offer.

Neighborhood

Area

501 First Residences

Miami · Miami-Dade County · 33132

Climate risk

—

No licensed climate-risk source is connected.

Nearby schools

Frederick DouglassElementary
—
Jose De DiegoMiddle
—
Booker T. WashingtonHigh
—
School names and districts are MLS-reported when available. Verify attendance boundaries with the school district. Ratings require a licensed ratings provider.

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MLS listing source

MIAMI REALTORS® MLS · Listing courtesy of Affinity International Realty. All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers’ personal, non-commercial use and may be used only to identify prospective properties they may be interested in purchasing or leasing. Terms of use · Equal Housing Opportunity.

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