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$594,900was $605,000

121 NE 5th Steet #3313

1 bd · 2 ba · 591 sq ft

Asking price cut 1.7% on June 16, from $605,000.

191 days on marketCondominiumWaterfront

Listing courtesy of The Keyes Company. 305-931-8920

From the MLS

Bedrooms
1
Bathrooms
2
Living area
591 sq ft
Asking per square foot
$1,007
Year built
2025
Association fee
$870 monthly
ZIP code
33132
MLS number
A12004132

What the listing says

Elevated city living at 501 First Residences, a striking 40-story address in Downtown Miami with no rental restrictions and exceptional income potential. This fully furnished 591 sq ft one-bedroom, 1.5-bath east-facing residence captures sweeping skyline and bay views, including the iconic Freedom Tower, PortMiami, and Biscayne Bay. Floor-to-ceiling glass, a private balcony, refined finishes, Italian cabinetry, and in-unit washer/dryer define the interiors. Moments from Miami Worldcenter, dining, culture, and transit. Indulge in 20,000+ sq ft of curated amenities including rooftop pool, fitness center, co-working spaces, club suite, and 24/7 valet.

Description supplied by The Keyes Company.

Before you offer on this one

The asking price is the easy part. What decides a Miami condo purchase sits in the association’s budget, its reserve study, the last twelve months of board minutes and the milestone inspection — and in whether the declaration permits what you intend to do with it.

Stefania represents buyers. She does not hold this listing and has no stake in this one selling over any other, which is the position you want the person reading those documents to be in.

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