Condo
1
Beds
2
Baths
597
SQUARE FEET
Condominium
Type
2026
Built
$890
HOA / mo
Listing courtesy of
Rutois International Realty LLC
Daniel Rutois
MLS® #A11975772
Listing information last updated June 12, 2026
MiamiCityRealty.com is an agent's best friend. We proudly co-broke and partner with Rutois International Realty LLC — and every agent and broker in Miami — to get the deal done.
Overview
This condo in Downtown Miami has 1 bedroom and 2 bathrooms across 597 square feet, and is listed for sale at $594,900 (about $996 per square foot). Built in 2026.
We just reduced the Price 55K for a quick sale, call your investors! Modern 1 Bed + Den condominium located in the heart of Downtown Miami, with exceptional views and prime positioning within the building. This unit is one of the few in the area featuring no rental restrictions, making it ideal for short-term or long-term rental income or personal use with maximum flexibility. Delivered fully furnished in a brand-new building, the residence has never been occupied, presenting a true turnkey opportunity for the next owner. Residents enjoy incredible, top-of-the-line amenities designed to elevate the lifestyle experience, including resort-style common areas and premium building features that support both comfort and strong rental demand. With the best location and one of the most desirable views in the building, the smart layout maximizes space and functionality. Situated steps from top dining, entertainment, shopping, and transit, this property represents a rare opportunity to own in a high-demand urban market with strong investment upside. Seller financing available.
Listing history
Price reduced
↓ $55,000 from $649,900 · Jun 12, 2026 · MIAMI MLS
$594,900
Listed for sale
Mar 3, 2026 · MIAMI MLS
$649,900
Days on market
as of today
141 days
Building & financials
FROM MIAMI MLSThe carrying-cost and structural facts that close or kill a Miami deal — straight from the listing feed.
HOA / association dues
$890 / mo
Association type
Condo
Pets
Allowed (verify restrictions)
HOA dues include
All AmenitiesCommon AreaHot WaterInsuranceInternet/WiFiLandscaping/Lawn MaintenanceManagerOther Maintenance IncludesPool ServiceRecreation FacilitiesSewerTrash RemovalWater
Dues, taxes, and association data per MIAMI MLS and public records; flood zone from FEMA NFHL. Verify with the HOA, county, and your insurer during due diligence.
Building report · MCR exclusive501 First Residences — recertification, reserves, units & pricing
Property details
MLS #A11975772
Price$594,900
Size597 Square Feet
Bedrooms1
Bathrooms2
Year built2026
TypeCondominium
StatusFor Sale
HOA$890 / mo
Price / Square Feet$996
Features & amenities
Barbeque
Built-in Features
Closet Cabinetry
Custom Mirrors
Den/Library/Office
Dishwasher
Disposal
Dryer
Electric Range
Has a View
Has Cooling System
Has Heating System
Home Owners Association
Ice Maker
Microwave
New Construction
Property Attached
Washer/Dryer Leased
Location
121 NE 5th St # 2411, Miami FL 33132
Estimate your payment
$
Est. monthly payment
—
per month
Principal & interest—
Property tax (est.)—
HOA$890
Down (20%)—
Estimate only — not a Loan Estimate, pre-approval, or commitment. Taxes, insurance & HOA vary. Confirm with a licensed lender.
Questions, answered
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List your rental →Listing data © MIAMI MLS · IDX information deemed reliable but not guaranteed · 141 days on market.
We do not advertise a “free” buyer’s agent; buyer-representation compensation is disclosed in writing. Bitcoin pricing is indicative and updates with the market — not financial, tax, or legal advice. Buyer to independently verify all measurements, assessments, and flood & insurance facts.