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Active Condominium
$605,000
121 NE 5th Steet # 3313, Miami FL 33132, Miami, FL 33132
1 Beds
Bedrooms
2 Baths
Bathrooms
591 sqft
Living Area
2025
Year Built
Market Insight

The listing price is 5% above the comparable average of $975 per square foot. It is also 37% above the median comparable close price of $442,500.

About This Property

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.

Property Details

Property Type Condominium
Days on Market 33 days
HOA Fee $870/mo
Parking — spaces
Pool No
Waterfront Yes
Community 501 FIRST RESIDENCES
Pets Allowed Restrictions Or Possible Restrictions

Assigned Schools

Verify with District ↗
School Grades Address Report Card
Douglass, Frederick Elementary
Elementary 305-371-4687
K-5
314 NW 12 St., Miami, FL 33136
de Diego, Jose Middle
Middle 305-573-7229
6-8
3100 NW 5 Ave., Miami, FL 33127
Washington, Booker T. Senior High
High School 305-324-8900
9-12
1200 NW 6th Ave., Miami, FL 33136

Source: County GIS attendance zone boundaries. Assignments are based on property location and may change. Use Miami-Dade County Public Schools's official locator to confirm.

Location

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Comparable Sales

10 closed sales · 1-mile radius · last 12 months · Miami

Est. Market Value
$428,779
Range: $420,000 – $475,000
Listed 41.1% above estimated market value ($176,221 over comps). Buyers should negotiate.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
398 NE 5th St # 4507, Miami FL 33132
MAP OF MIAMI DADE CO. FL. · 2022
$520,000
Apr 23, 2026
$560,000
$1,176/sf
1
1
442
-7.1%
398 NE 5th St # 1905, Miami FL 33132
MAP OF MIAMI DADE CO. FL. · 2022
$420,000
Apr 20, 2026
$450,000
$950/sf
1
1
442
-6.7%
398 NE 5th St # 3406, Miami FL 33132
THE ELSER · 2022
$450,000
Jan 21, 2026
$499,000
$1,016/sf
1
1
443
-9.8%
398 NE 5th Street # 2506, Miami FL 33132
The Elser · 2022
$475,000
Dec 12, 2025
$489,000
$1,072/sf
1
1
443
-2.9%
398 NE 5th St # 1803, Miami FL 33132
MAP OF MIAMI DADE CO. FL. · 2022
$435,000
Dec 11, 2025
$500,000
$991/sf
1
1
439
-13%
398 NE 5 ST 1906, Miami FL 33132
County records · 2022
$475,000
Dec 18, 2025
$1,072/sf
1
1
443
398 NE 5 ST 2506, Miami FL 33132
County records · 2022
$475,000
Dec 12, 2025
$1,072/sf
1
1
443
151 SE 1st St # 1706, Miami FL 33131
CENTRO CONDO · 2016
$305,000
Oct 13, 2025
$330,000
$709/sf
1
1
430
-7.6%
398 NE 5th St # 3707, Miami FL 33132
MAP OF MIAMI DADE CO. FL. · 2022
$460,000
Jul 24, 2025
$499,000
$1,041/sf
1
1
442
-7.8%
227 NE 2nd St # 2601, Miami FL 33132
MAP OF MIAMI DADE CO. FL.,Yotel Pad Condo · 2022
$385,000
Apr 15, 2026
$410,000
$846/sf
1
1
455
-6.1%
$442,500
Median Sale
$431,250
Trimmed Avg
$975/sf
Avg $/sqft
8 sales
Comps Found

Comp data from Miami MLS. Estimate is automated and does not account for condition, upgrades, or lot features. For a full CMA, contact Dayron Crespo, Broker.

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