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Condo located in Miami, FL showcasing its design and architecture (Image 1).
Under construction
  • 1 bd
  • 1.5 ba
  • 591 sqft

121 Ne 5Th St, Unit 1913, Miami, FL 33132

$720,000

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  • Condo
  • Under construction
  • $1218.27/sqft
  • $870/monthly HOA

Home description

Experience luxury urban living at 501 First Residences, a brand-new 40-story condominium in Downtown Miami with no rental restrictions and exceptional income potential in the vibrant heart of Downtown Miami. This fully furnished 591 SqFt 1 Bed / 1 ½ Bath east-facing residence features expansive skyline and bay views, overlooking Downtown Miami landmarks including the Freedom Tower, PortMiami, and Biscayne Bay. Modern design, floor-to-ceiling windows, private balcony,custom Italian cabinetry and in-unit washer/dryer. Located just steps from Miami Worldcenter, dining, entertainment, transit, and cultural destinations, 501 Residences redefines downtown lifestyle with over 20,000 sq. ft. of resort-style amenities including 24/7 valet, rooftop pool, fitness center, co-working spaces, pet lounge, private club suite, media room, and more. A turn-key opportunity in Miami’s most dynamic urban core. Ideal for full-time living or income-generating investment

Listed by Carolina Lara-Arashiro, clara@onesothebysrealty.com
One Sotheby's International Realty, MLS A11955147

Information last verified by Jome: Today at 12:05 AM (February 12, 2026)

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Estimated value based on Jome data, T&C apply

Home details

*Pricing and availability are subject to change.
Property status:
Under construction
Neighborhood:
Downtown
Size:
591 sqft
Stories:
40
Beds:
1
Baths:
1
Half baths:
1
Garage spaces:
1
Facing direction:
East

Construction details

Year Built:
2025

Home features & finishes

Appliances:
Sprinkler System
Flooring:
Tile Flooring
Garage/Parking:
GarageValet Parking
Kitchen:
DishwasherMicrowave OvenRefrigeratorKitchen Range
Laundry facilities:
DryerWasher
Property amenities:
BalconyCabinets
Security system:
Fire Sprinkler SystemSmoke Detector
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Utility information

Heating:
Electric Heating

Community amenities

The design of The home at Ne 5Th St incorporates shared spaces that contribute to the neighborhood's overall layout. With 2 distinct features identified, the community offers various elements for residents to utilize. A notable example includes City View, which serves as a component of the common areas. These details highlight the community amenities near The home at Ne 5Th St, reflecting how the development is structured within the broader landscape of Miami, Florida.
  • City View
  • Waterfront View

Neighborhood

Home address

121 Ne 5Th St, Unit 1913, Miami, FL 33132
Neighborhood:
Downtown
City:
Miami
Zip Code:
33132
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Schools in Dade County School District

The home at Ne 5Th St sits within the Dade County School District, one of the major districts serving the Miami, Florida area. Families in this community are zoned to Frederick R. Douglass Elementary, a public option offering Elementary grades and listing a rating of 5. As students advance, they attend Mater Academy East Middle School, which supports Middle grades and lies roughly 1.3 mi from the neighborhood. Their academic path continues at Law Enforcement Officers Memorial High School, serving High grades within 0.4 mi.
GreatSchools.org logo

GreatSchools’ Summary Rating calculation is based on 4 of the school’s themed ratings, including test scores, student/academic progress, college readiness, and equity. This information should only be used as a reference. Jome is not affiliated with GreatSchools and does not endorse or guarantee this information. Please reach out to schools directly to verify all information and enrollment eligibility. Data provided by GreatSchools.org © 2025

Places of interest

The region surrounding The home at Ne 5Th St is defined by a variety of Stadium destinations that serve the broader population. Among the several locations in this group, Kaseya Center is situated approximately 0.3 mi away, offering a specific example of the area's regional infrastructure. These venues sit alongside other points of interest, creating a network of activity that extends outward from the neighborhood. This collection of sites highlights the diverse places of interest near The home at Ne 5Th St available for residents to visit.

Getting around

Understanding the layout of The home at Ne 5Th St is essential for planning daily activities. The area's Walk Score of 96 (Walker's Paradise) provides insight into how much residents rely on personal vehicles versus foot travel for errands. Similarly, the Bike Score of 76 (Very Bikeable) highlights the potential for cycling as an alternative mode of transport. Transit availability is also a factor, summarized by a score of 100 (Rider's Paradise) and 30 nearby routes. These metrics offer a clear picture of getting around Miami, Florida.
Walk score ®
96 /100
Walker's Paradise
Bike score ®
76 /100
Very Bikeable
Transit score ®
100 /100
Rider's Paradise
30 nearby routes: 25 bus, 5 rail, 0 other

Air quality

Natural hazards risk

Understanding the environmental profile of Miami-Dade County is a helpful step for residents evaluating the area. In an era where environmental dynamics are increasingly relevant to homeownership, having access to objective data is essential for understanding the local setting. Data from FEMA provides a standardized way to view these local conditions, breaking down complex factors into measurable scores. For example, the metric for Hurricane is listed with a score of 99.96 and a rating of Very High. Reviewing this specific data point helps establish a baseline for environmental conditions in Miami, Florida, ensuring that decisions are grounded in facts rather than assumptions.
Riverine flooding99.8
Very High
Wildfire98.7
Relatively High
Hurricane100.0
Very High
Earthquake65.0
Very Low
Heat wave0.0
No Rating
Coastal flooding76.5
Relatively Moderate

Provided by FEMA

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Listed by Carolina Lara-Arashiro, clara@onesothebysrealty.com
One Sotheby's International Realty, MLS A11955147

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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Last checked Feb 12, 6:20 pm

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