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121 NE 5th Street, #1703
Miami, FL 33132
$549,900
BRAND NEW CONSTRUCTION! Beautiful 1 Bed + DEN / 2 Baths. Fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes and designer furnishings. Outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals, long-term rentals, seasonal use, or full-time owner occupancy with complete flexibility. Features include floor-to-ceiling impact glass, a private balcony, Italian cabinetry, premium appliances. Residents enjoy access to more than 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and much more. Easy to show.
| MLS#: | A12110051 |
|---|---|
| Status: | Active |
| Living Area: | 544 |
| Association: | 501 First Residences Condo |
| Year Built: | 2025 |
| Amenities: | BusinessCenter, Elevators, FitnessCenter, PicnicArea, Pool |
| Association?: | Yes |
| Carport Spaces: | 0.0 |
| Covered Spaces: | 0.0 |
| Elementary School: | Frederick Douglass |
| Garage Spaces: | 0.0 |
| High School: | Booker T. Washington |
| Interior Features: | BedroomOnMainLevel, Other, SeparateShower |
| Financing Type: | Cash, Conventional |
| Parking Features: | Valet |
| Security Features: | ElevatorSecured, KeyCardEntry |
| Price: | $549,900.00 |
|---|---|
| Property Type: | Condominium |
| Total Area: | 544.0 |
| Association Fee: | $892 |
| Association Fee Paid: | Monthly |
| Association Fee Includes: | CableTv, Insurance, Water |
| Exterior Features: | Balcony, OutdoorLivingArea |
| Flooring: | CeramicTile |
| Middle School: | Jose De Diego |
| New Construction?: | Yes |
| Pets Allowed: | Yes |
| Pool Features: | Association |
| View: | Skyline |
| Pets Allowed?: | Yes |
Listing Courtesy of: Weichert Realtors Capella Estates
Listing Agent: Alejandra Restrepo
305-458-0959
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BeachesMLS data last updated on October 21, 2026 03:50 AM - ET
Property Last Updated: October 21, 2026 03:50 AM - ET
