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Active Condominium
$690,000
121 NE 5th St # 2705, Miami FL 33132, Miami, FL 33132
1 Beds
Bedrooms
1 Baths
Bathrooms
489 sqft
Living Area
2026
Year Built
Market Insight

The listing price is 44.7% above the comparable average of $975 per square foot. It is priced $247,500 above the median comparable close price of $442,500.

About This Property

Downtown Miami is changing and this brand new condo is the correct choice, 27 floor, corner unit with balcony , plenty of light , furnished, 1 bedroom, 1 bath ,, skyline and bay views, stylish and bright ready for living or investment delight. Perfect for short term rentals or your own city space. Amenities , gym, social and business rooms, co-working, private offices, spaces for wellness, pool, jacuzzi. Walking distance to Brickell financial area, Brickell City Center, restaurants, shopping, cultural and entertainment venues, nightlife, concerts, steps to World trade center, Port of Miami, Arena, metro mover station and more.

Property Details

Property Type Condominium
Days on Market 1 day
HOA Fee $801/mo
Parking — spaces
Pool Yes
Waterfront No
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 60.9% above estimated market value ($261,221 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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