How much is 121 NE 5th Street 807?

121 NE 5th Street 807 is listed at $449,000, which is about $1,004 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 807?

The listing reports an association fee of $657 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 807 built?

121 NE 5th Street 807 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 807 been on the market?

121 NE 5th Street 807 has been listed for 250 days, and the asking price has been reduced from $490,000. 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 807?

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 807?

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 807, Miami, FL 33132

$449,000 · Active

0 beds
1 bath
447 sq ft
Condominium
Built 2025
New Construction
HOA $657/mo
Miami-Dade County
MLS# A11961922
501 First Residences

About this home

Unit 807 Studio Turnkey investment opportunity at 501 First Residences, a modern Downtown Miami building allowing daily rentals with no minimum restrictions—ideal for short-term rental investors. Unit 807 is a well-designed studio residence offering 447 SF (42 m²) with an efficient open layout, floor-to-ceiling impact windows, and a private balcony providing natural light and urban city ambiance. Delivered fully furnished with blinds and sofa bed, this unit is ready for immediate rental income. The residence also includes a storage provided by the association, adding additional convenience and flexibility for owners and guests. 501 First Residences offers resort-style amenities, co-working spaces, fitness center, social lounges, and prime walkability to Miami Worldcenter, Brightline Station, Bayfront Park, dining, entertainment, and major transportation corridors. An ideal plug-and-play investment in one of Miami’s fastest-growing short-term rental markets.

Schools

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

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Optimar International Realty · cristina@optimar.com · Listing agent: Ginna Rojas

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 807.

Questions About 121 NE 5th Street 807

How much is 121 NE 5th Street 807?: 121 NE 5th Street 807 is listed at $449,000, which is about $1,004 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 807?: The listing reports an association fee of $657 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 807 built?: 121 NE 5th Street 807 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 807 been on the market?: 121 NE 5th Street 807 has been listed for 250 days, and the asking price has been reduced from $490,000. 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 807?: 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 807?: 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 2 bedroom condo at 133 NE 2nd Avenue 512, Miami, FL 33132 is comparable and listed for sale at $420,000. Another comparable condo, 275 NE 18th Street 1705, Miami, FL 33132, sold for $398,000 in October 2026. Other Miami neighborhoods include Belle Meade and Shorecrest. 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.