121 5th Street Unit 3405, Miami, FL 33132

$499,000 — Active

Property Features

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Experience elevated living in this spectacular high-floor residence at 501 First Residences, located in the heart of Downtown Miami. This modern unit features breathtaking skyline views, floor-to-ceiling impact windows, high ceilings, elegant finishes, and an open-concept layout designed for today's lifestyle. The contemporary kitchen offers premium cabinetry, quartz countertops, and stainless steel appliances, seamlessly connecting to the spacious living and dining areas.Enjoy world-class amenities, including a resort-style rooftop pool, state-of-the-art fitness center, yoga studio, co-working spaces, social lounges, game room, concierge, valet, and 24-hour security. Perfectly positioned just steps from Miami Worldcenter, Brightline, Kaseya Center, Bayside Marketplace, Museum Park, top restaurants, shopping, nightlife, and Miami's beautiful waterfront.One of the few luxury buildings allowing short-term rentals, this residence presents an exceptional opportunity for investors, seasonal owners, or anyone seeking maximum flexibility and income potential. Whether you're looking for a primary residence, vacation home, or high-performing investment property, this is your chance to own in one of Miami's fastest-growing and most exciting neighborhoods.

▼ Price Reduced — originally listed at $588,000

Property Details

  • Listing ID: A12054926
  • Status: Active
  • Listing Date: 2026-07-16
  • Property Type: Condominium
  • Unit / Building #: 3405
  • Subdivision: 501 First Residence
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 1
  • Full Bathrooms: 1
  • Living Area Sq Ft: 489
  • Year Built: 2025

Financial

  • List Price: $499,000
  • Original List Price: $588,000
  • HOA Fee: $802/mo
  • Taxes: N/A

Features & Amenities

  • View: Bay
  • Pets Allowed: Yes
  • Parking: Valet
  • Cooling: Other
  • Heating: Central
  • Flooring: Other
  • Interior Features: Other
  • Exterior Features: None
  • Community Amenities: Fitness Center, Maintenance

Courtesy of Brosda & Bentley Realtors, LLC
Contact Starfish Real Estate to schedule an appointment or call .

RAPB

© 2026 Starfish Real Estate. Listings updated Nov 9, 2026 5:00 am. Listing data is derived from the Broker Reciprocity Program of the Realtor Association of Indian River County (RAIRC) and BeachsMLS. Properties listed by brokers other than Starfish Real Estate are identified with the applicable MLS logo and include the listing broker's name. Not all properties available through either MLS may be displayed. All MLS data is the copyrighted property of the respective MLS and its participants. Data is deemed reliable but is not guaranteed accurate and should be independently verified prior to entering into any transaction.