121 5th Street Unit 1703, Miami, FL 33132

$549,900 — Active

Property Features

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BRAND NEW CONSTRUCTION! Beautiful 1 Bed + DEN / 2 Baths. Fully furnished residence in the heart of Downtown Miami. Thoughtfully designed with premium finishes and designer furnishings. Outstanding investment potential. One of the few residences in the area with no rental restrictions, allowing short-term rentals, long-term rentals, seasonal use, or full-time owner occupancy with complete flexibility. Features include floor-to-ceiling impact glass, a private balcony, Italian cabinetry, premium appliances. Residents enjoy access to more than 20,000 square feet of resort-style amenities, including a rooftop pool, hydrotherapy spa, HOMAGE fitness center, yoga studio, entertainment lounges, co-working spaces, chef's kitchen, and much more. Easy to show.

Property Details

  • Listing ID: A12110051
  • Status: Active
  • Listing Date: 2026-10-20
  • Property Type: Condominium
  • Unit / Building #: 1703
  • Subdivision: 501 First Residences Condo
  • County: Miami-Dade
  • MLS Area: 2410
  • Bedrooms: 1
  • Full Bathrooms: 2
  • Living Area Sq Ft: 544
  • Year Built: 2025

Financial

  • List Price: $549,900
  • HOA Fee: $892/mo
  • Taxes: N/A

Features & Amenities

  • View: Skyline
  • Pets Allowed: Yes
  • Parking: Valet
  • Cooling: Central Air
  • Heating: Central
  • Flooring: Ceramic Tile
  • Construction: Block
  • Interior Features: Other
  • Exterior Features: Balcony
  • Community Amenities: Elevator(s), Fitness Center, Picnic Area, Pool, Business Center

Courtesy of Weichert Realtors Capella Estates
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© 2026 Starfish Real Estate. Listings updated Nov 5, 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.