Active · Condominium
$857,900
121 NE 5th St 1712, Miami, FL 33132
- Beds
- 2
- Baths
- 2
- Living area
- 757 sq ft
- $ / sq ft
- $1,133/sq ft
- Year built
- 2025
- Lot size
- —
- HOA fee
- $1,300 Monthly
- Annual tax
- $0
About this property
Luxury 2BD/2BA residence at 501 First Residences in the heart of Downtown Miami. Brand-new and fully furnished, For Sale. Features floor-to-ceiling glass, private balcony with stunning bay and city views, sleek Italian cabinetry, and premium appliances. Enjoy 20,000+ SF of resort-style amenities including rooftop pool, hydrotherapy spa, fitness center by HOMAGE, yoga/meditation spaces, private lounges, chef’s kitchen, media room, and greenhouse retreat. Prime location within walking distance to Bayside Marketplace, Bayfront Park, and Kaseya Center, plus direct access to the Metromover for easy connectivity to Brickell, Design District, and South Beach. Easy to show.
Interior & exterior features
Appliances
- Dishwasher
- Disposal
- Trash Compactor
Cooling
- Central Air
Heating
- Central
Views
- Bay
- Other
- Skyline
Waterfront
- Other
Parking
- Valet
Interior features
- Bedroom On Main Level
- Breakfast Area
- Bathtub
- Closet Cabinetry
- Living Dining Room
- Other
- Shower Only
Exterior features
- Balcony
- Security High Impact Doors
Pool
- Association
Flooring
- Concrete
- Other
- Tile
construction
- Block
- Other
security
- Elevator Secured
- Key Card Entry
- Lobby Secured
association_amenities
- Clubhouse
- Elevators
- Fitness Center
- Other
- Pool
- Sauna
association_fee_includes
- Amenities
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$2,518
- Cap rate
- 2.2%
- Net yield
- 2.2%
- Cash-on-cash return
- -12.6%
- Gross yield
- 5.2%
- Mortgage payment
- $4,067/mo
- Down payment
- $214,475
- Loan amount
- $643,425
- Annual NOI
- $18,593
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.