$435,000

121 5th St #2409, Miami, FL 33132

Baths
1
Living area
359 ft²
Price per ft²
$1,212 / ft²
Type
Condo
Year built
2025
HOA
$589 / mo HOA
On market
3 days on market
MLS #
A12093623

Beautiful studio with balcony and amazing views at the brand new 501 First Residences in Downtown Miami. Fully furnished and move-in-ready, just bring your toothbrush! No rental restriction- Airbnb allowed. Amazing amenities, fitness facilities, social and co-working areas, and proximity to miami World Center, Brightline. Don't miss the opportunity to live in the heart of Miami, where everyone wants to be. Restaurants, coffee places, Apple Store, everything you need is nearby. You can use it as a second home or short term rental, it's the perfect combination. It's not a condo-hotel. Don't miss it!!

The MiamiLi Read

The lines below are derived automatically from this listing’s own data and the area’s recorded deed transfers. They are not a personal opinion or investment advice.

  • Price per square footThe asking price per ft² on this listing is $1,212. The median for recorded sales in the same ZIP codes is $842/ft² — putting it 44% above the median.
  • Position in the area’s price distributionThe asking price is $435,000; the median of recorded sales in the area is $525,000 (1,777 sales). On raw price that is 17% below the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $589 per month comes to $7,068 a year — 1.6% of the asking price. That amount is deducted from rental yield.

How to read this comparison: the figure on the left is an asking price, while the one on the right is a closed sale median — the two are not the same thing, and the room to negotiate sits inside that gap. The median covers every property type and size in those ZIP codes; it carries no adjustment for a single listing’s floor, view, age or finishes. This box is not an appraisal.

Scope: ZIP codes 33128, 33131, 33132 · arm’s-length sales recorded by the Miami-Dade County Property Appraiser.

Monthly mortgage payment

Estimated monthly loan payment based on this listing's price. Adjust the down payment, rate and term to match your own terms.

30%$130,500
Term

6.95% — Freddie Mac PMMS (FRED) current mortgage rates, 30-year fixed, conforming. Priced September 17, 2026.

Estimated monthly payment$2,016
Loan amount
$304,500
Total interest over the term
$421,127
Total repaid
$725,627

Principal and interest only; property tax, insurance and HOA dues are NOT included. This is not a binding offer.

Affinity International Realty

Listing data provided by the Southeast Florida MLS (MIAMI REALTORS®) IDX feed. Copyright Southeast Florida Multiple Listing Service © 2026. Accuracy of listing information is not guaranteed. Listing information is provided for personal consumer, non-commercial use, solely to identify potential properties for potential purchase. All other use is strictly prohibited.

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