121 NE 5th St # 1800, Miami FL 33132, Miami
$2,950
Miami, FL, 33132
Property details
- Bedrooms
- 0
- Bathrooms
- 1
- Living area
- 412 sqft
- Year built
- 2025
- Type
- Condominium
- Days on market
- 5
- MLS #
- A12059206
Listing courtesy of DecoNova International Group · 786-581-3100. Listing agent: Jose Collado. MLS data last updated 2026-07-29.
Description
Experience elevated urban living in this beautifully designed residence at 501 First Residences, one of Downtown Miami's newest luxury buildings. This modern Studio & 1 Bathroom with 412 sqft. unit offers an open-concept layout with abundant natural light, floor-to-ceiling windows, high ceilings, and a private balcony, creating the perfect space to live, work, and relax. Amenities include Rooftop Pool, Fitness Center, Coworking lounge and more, Building offers Valet Parking Service, residences feature Italian cabinetry, Bosch appliances, smart-home technology, full-size washer and dryer, and built-out closets. Located in the heart of Downtown Miami, 501 First Residences places you just steps from world-class dining, shopping, entertainment, Brightline Station, Miami Worldcenter, Bayside Marketplace, Kaseya Center, and easy access to Brickell, Wynwood, and Miami Beach.
121 NE 5th St # 1800, Miami FL 33132, Miami — for rent, listed for $2,950 (0 bed, 1 bath, 412 sqft).
Run the numbers
Availability in 501 First Residences
56 listings are currently active in this building across 51 distinct units (30 × 1-bed, 7 × 2-bed, 19 × studio).
n=56 · 2026-07-30 · Methodology
How long has it been listed?
5 days so far — the median among 109 active studio rentals in 33132 is 29 days, putting this listing at the 24% percentile for market time.
n=109 · 2026-07-30 · Methodology
ZIP vs city price level
Active listings like this in ZIP 33132 show a median asking $6/sqft — 27.7% above the Miami median asking of $5/sqft.
n=98 · 2026-07-30 · Methodology
About 501 First Residences
501 First Residences: built 2025–2026; current sale asking prices $425,000–$995,000; current rents $2,500–$5,900; association fees $562–$1,300/month.
Price-reduction climate
34% of 109 active studio rentals in 33132 are listed below their original asking price.
n=109 · 2026-07-30 · Methodology
Observed price & status history
2026-W31: Active → Pending
Market intelligence recomputed weekly from the full live MLS feed · 2026-07-30 · Methodology
The data relating to real estate listings on this website comes in part from the participating MLS via Bridge API. Information is deemed reliable but not guaranteed and should be independently verified. Listings are provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties.