$570,000

121 5th St #3006, Miami, FL 33132

Bedrooms
1
Baths
2
Living area
511 ft²
Price per ft²
$1,115 / ft²
Type
Condo
Year built
2025
HOA
$839 / mo HOA
On market
2 days on market
MLS #
A12093736

If you want a Miami property that you can enjoy personally while still having strong investment potential, this is the kind of opportunity worth considering. Unit 3006 at 501 First Residences is a furnished 1-bedroom, 1.5-bath home perched high above Downtown Miami, with floor-to-ceiling windows, abundant natural light, modern finishes, and a private balcony with city views. Enjoy rooftop pools, a fitness center, spa, resident lounges, and coworking spaces. Located moments from Miami World Center, Kaseya Center, Brightline, dining, shopping, and entertainment. Ready to enjoy from day one.

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 $1,115. The median for recorded sales in the same ZIP codes is $842/ft² — putting it 32% above the median.
  • Position in the area’s price distributionThe asking price is $570,000; the median of recorded sales in the area is $525,000 (1,780 sales). On raw price that is 9% above the median — this line does NOT adjust for property type or size.
  • HOA fee as a share of priceAn HOA fee of $839 per month comes to $10,068 a year — 1.8% 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%$171,000
Term

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

Estimated monthly payment$2,641
Loan amount
$399,000
Total interest over the term
$551,822
Total repaid
$950,822

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

Sieber International, LLC

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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