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Active Condominium
$375,000 ↓ −$35,000 (8.5%)
121 NE 5 St # 801B, Miami FL 33132, Miami, FL 33132
0 Beds
Bedrooms
1 Baths
Bathrooms
— sqft
Living Area
2025
Year Built

About This Property

501 First Residences brand new modern luxury studio, which offers 385 SF of living space, an efficient open floor plan, floor-to-ceiling windows, and a private balcony. Offered fully furnished with blinds and a sofa bed, this residence is ideal for anyone looking to live and work in Downtown Miami. Enjoy access to modern amenities, a fitness center, social lounges, and a central location steps from Miami Worldcenter, transit, entertainment, and cultural venues. A smart, income-producing opportunity in Miami’s evolving rental landscape.

Property Details

Property Type Condominium
Days on Market 69 days
HOA Fee $563/mo
Parking — spaces
Pool No
Waterfront No
Community 501 FIRST RESIDENCES
Pets Allowed Dogs OK

Assigned Schools

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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
$360,110
Range: $357,000 – $365,000
Listed within 5% of estimated market value. Priced fairly based on recent comps.
Address
Closed
Price
Beds
Baths
Sqft
vs Ask
227 NE 2nd St # 2112, Miami FL 33132
MAP OF MIAMI DADE CO. FL.,YOTEL PAD · 2022
$357,000
Apr 17, 2026
$395,000
$867/sf
0
1
412
-9.6%
227 NE 2nd St # 2908, Miami FL 33132
MAP OF MIAMI DADE CO. FL. · 2022
$365,000
Apr 17, 2026
$369,000
$929/sf
0
1
393
-1.1%
555 NE 15th St # 411, Miami FL 33132
VENETIA CONDO · 1980
$225,000
Mar 6, 2026
$240,000
$563/sf
0
1
400
-6.3%
398 NE 5th St # 1906, Miami FL 33132
The elser · 2022
$475,000
Jan 28, 2026
$489,900
$1,072/sf
0
1
443
-3%
227 NE 2nd St # 2512, Miami FL 33132
MAP OF MIAMI DADE CO. FL. · 2023
$365,000
Dec 15, 2025
$379,000
$886/sf
0
1
412
-3.7%
697 N MIAMI AVE 3204, Miami FL 33136
County records · 2025
$451,900
Apr 1, 2026
—
$1,089/sf
0
1
415
—
225 N MIAMI AVE 2908, Miami FL 33128
County records · 2025
$406,900
Mar 17, 2026
—
$1,038/sf
0
1
392
—
697 N MIAMI AVE 3704, Miami FL 33136
County records · 2025
$505,000
Feb 27, 2026
—
$1,217/sf
0
1
415
—
225 N MIAMI AVE 3108, Miami FL 33128
County records · 2025
$437,900
Feb 20, 2026
—
$1,117/sf
0
1
392
—
697 N MIAMI AVE 2004, Miami FL 33136
County records · 2025
$500,400
Feb 18, 2026
—
$1,206/sf
0
1
415
—
$365,000
Median Sale
$357,400
Trimmed Avg
$863/sf
Avg $/sqft
5 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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