121 NE 5

Miami, FL 33132

$6,500/mo

2Beds

2Baths

835Sq ft

2026Year built

CondoType

About this home

Luxury 2-bedroom, 2-bath residence offering breathtaking water and city views. Available for both short- and long-term stays, fully furnished for a seamless move-in experience. Experience elevated urban living in the heart of vibrant Downtown Miami at 501 First Residences. This brand-new condo showcases floor-to-ceiling glass, a private balcony with stunning skyline vistas, sleek Italian cabinetry, premium appliances. Designed with sophistication and comfort in mind. Indulge in over 20,000 square feet of resort-style amenities, including a spectacular rooftop with a 75-foot lap pool, hot hydrotherapy bath, and dedicated sunrise and sunset decks with panoramic views. Stay active in the state-of-the-art fitness center by HOMAGE Fitness, complete with yoga and meditation spaces and private training rooms. Entertain or unwind in the elegant lounge featuring a private club suite, chef’s kitchen, media room, and a lush greenhouse retreat. This smart, amenity-rich tower is ideally located within walking distance of Bayside Marketplace, Bayfront Park, and the Kaseya Center, and just minutes from Brickell, the Design District, and South Beach. It is also conveniently located next to the main transportation system the metro-mover and within walking distance to Dining, entertainment and shopping stores. Move-in ready and impeccably styled.

Features

Waterfront

Property details

Listing

MLS #: A12004159
Status: For sale
Listed on: Apr 20, 2026
Days on market: 115 days
Listing data updated: Jun 4, 2026

Interior

Beds: 2
Baths: 2
Living area: 835 ft²
Unit: 2712

Building & community

Type: Condo
Year built: 2026
County: Miami-Dade

Lot & exterior

Waterfront: Yes

Days on market, price per ft² and the monthly HOA amount are calculated by this site from the MLS data shown; the association fee is normalized to a monthly figure.

Building structural health (SIRS)

No filing record found

We couldn't find a SIRS filing record for this building in Florida's public DBPR database. That is not a red flag by itself: buildings under three stories are exempt, recent or mailed-in filings may not appear yet, and the name or address on file may differ from this listing.

Questions about this

What is a SIRS and why does it matter?

Since the Surfside collapse, Florida requires condo and co-op buildings three stories or taller to complete a Structural Integrity Reserve Study: an inspection-based plan that forces the association to fund structural repairs (roof, load-bearing walls, plumbing, electrical) instead of deferring them. It matters because underfunded buildings are the ones that surprise owners with large special assessments.

Has this building filed its SIRS?

We didn't find a filing record for this building in the DBPR's public database. Absence of a record does not mean the building is out of compliance — it may be exempt (under three stories), the filing may be recent or on paper, or the recorded name/address may differ. It IS the right question to ask before offering.

What is a special assessment?

A one-off charge the association levies on every owner when reserves don't cover a needed repair — in older coastal buildings they have ranged from a few thousand to over $100,000 per unit. The SIRS exists precisely to make these predictable and funded in advance. Always review the building's budget, reserves and meeting minutes before buying.

What should I check before buying in this building?

Florida law gives buyers the right to review the association's SIRS, milestone inspection reports, budget and reserves — the full study is available from the association by written request. Nilyan requests and walks through these documents with her buyers as part of the offer process.

Source: Florida DBPR public SIRS reporting database. Filing status is self-reported by the association; this is not an audit, inspection or safety certification, and absence of a record does not mean non-compliance. Data as of July 30, 2026.

Want the full structural picture of this building before you offer?