121 NE 5th St

Miami, FL 33132

$2,800/mo

0Beds

1Baths

409Sq ft

2025Year built

CondoType

About this home

Experience sophisticated urban living at Residence 512B in the brand-new 501 First Residences, a beautifully designed sixth-floor studio offering floor-to-ceiling windows with stunning Downtown Miami skyline views. Curated by the award-winning Shim Projects, this luxury residence is delivered fully furnished and move-in ready, featuring custom Italian cabinetry, elegant Hansgrohe fixtures, spacious built-out closets, an in-unit washer and dryer, high-speed internet, and a complete package of premium appliances. All furniture is included, including the dining table, seating, and thoughtfully selected furnishings, making this a truly turnkey opportunity. Residents enjoy over 20,000 square feet of exceptional amenities, including a spectacular 75-foot resort-style rooftop lap pool, hydrotherapy spa, outdoor game lawn, state-of-the-art fitness center, yoga and meditation studio, luxury coworking offices, private conference rooms, and beautifully designed social spaces. Ideally located in the heart of Downtown Miami, just steps from Miami World center, Brightline Station, premier shopping, fine dining, and world-class entertainment this residence offers the perfect blend of luxury, convenience, and modern city living.

Property details

Listing

MLS #: A12064067
Status: For sale
Listed on: Aug 2, 2026
Days on market: 11 days
Listing data updated: Aug 11, 2026

Interior

Beds: 0
Baths: 1
Living area: 409 ft²
Unit: 512B

Building & community

Type: Condo
Year built: 2025
County: Miami-Dade

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?