How much is 121 NE 5th Street 3405?

121 NE 5th Street 3405 is listed at $499,000, which is about $1,020 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.

What are the association fees at 121 NE 5th Street 3405?

The listing reports an association fee of $802 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.

When was 121 NE 5th Street 3405 built?

121 NE 5th Street 3405 was built in 2025 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.

How long has 121 NE 5th Street 3405 been on the market?

121 NE 5th Street 3405 has been listed for 94 days, and the asking price has been reduced from $588,000. Days on market and price changes are the first signals of how much room there is to negotiate.

Which schools serve 121 NE 5th Street 3405?

The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.

How do I see 121 NE 5th Street 3405?

Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

121 NE 5th Street 3405, Miami, FL 33132

$499,000 · Active

1 bed
1 bath
489 sq ft
Condominium
Built 2025
New Construction
HOA $802/mo
1 garage space
Miami-Dade County
MLS# A12054926
501 First Residence

Photo 1 at 121 NE 5th Street 3405, Miami

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About this home

Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas.Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront.One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you're looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami's fastest-growing and most exciting neighborhoods.

Features

Other

Schools

Elementary: Frederick Douglass
Middle: Jose De Diego
High: Booker T. Washington

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Brosda & Bentley Realtors, LLC · kb@brosdaandbentley.com · Listing agent: Ekaterina D Brosda

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Schedule a showing

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to see 121 NE 5th Street 3405.

Questions About 121 NE 5th Street 3405

How much is 121 NE 5th Street 3405?: 121 NE 5th Street 3405 is listed at $499,000, which is about $1,020 per square foot. The listing page shows comparable active listings and recent closed sales nearby so you can judge the asking price against what buyers have actually paid.
What are the association fees at 121 NE 5th Street 3405?: The listing reports an association fee of $802 per month. Confirm what the fee covers, the reserve funding and any pending special assessments before you make an offer; for a condo, ask for the milestone inspection report as well.
When was 121 NE 5th Street 3405 built?: 121 NE 5th Street 3405 was built in 2025 and the listing describes its condition as new construction. Age matters for insurance and financing in Florida: ask about the roof, the electrical panel and, for a condo built before the current code, the building's structural reserve study.
How long has 121 NE 5th Street 3405 been on the market?: 121 NE 5th Street 3405 has been listed for 94 days, and the asking price has been reduced from $588,000. Days on market and price changes are the first signals of how much room there is to negotiate.
Which schools serve 121 NE 5th Street 3405?: The MLS lists Frederick Douglass (elementary), Jose De Diego (middle), Booker T. Washington (high). School assignments are set by the district and can change; verify them with the school board before you rely on them.
How do I see 121 NE 5th Street 3405?: Request a showing from this page or call BreakThru Realty and a licensed agent will arrange a private tour, in person or by video, and answer anything the listing leaves out.

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The 1 bedroom condo at 851 NE 1st Avenue 510, Miami, FL 33132 is comparable and listed for sale at $495,000. Another comparable condo, 888 Biscayne Boulevard 3702, Miami, FL 33132, sold for $520,000 in July 2026. Other Miami neighborhoods include Calusa and Kendale Lakes. Nearby ZIP codes include 33125 and 33126. This property also neighbors Brickell, Miami Beach, and Coconut Grove. Compare it with the Miami housing market report.