121 NE 5 ST, #3507, Miami, FL, 33132 | $3,000

Live in the heart of vibrant Downtown Miami in this brand-new, fully furnished studio at 501 First Residences. This modern retreat features floor-to-ceiling glass walls, a private balcony with stunning city views, sleek Italian cabinetry, premium Smeg appliances, and high-end finishes by Shim Projects. Every detail is designed for effortless urban living. Enjoy an unmatched resort-style lifestyle with over 20, 000 sq ft of premium amenities, including a breathtaking rooftop pool with a 75-foot resort-style lap pool and hot hydrotherapy bath, dedicated sunrise and sunset decks perfect for relaxing with panoramic views, a state-of-the-art fitness center designed by HOMAGE Fitness (with yoga/meditation area and private training rooms), and a sophisticated lounge room featuring a private club suite, chef’s kitchen, media room, and lush greenhouse oasis. This 40-story tower offers smart community features and a prime walkable location just steps from Bayside Marketplace, Bayfront Park, Kaseya Center, and minutes from Brickell, the Design District, and South Beach. Move-in ready and move-in fabulous — experience Downtown Miami living at its finest. Don’t miss your chance to call 501 First home!

Features

  • Type: Condominium
  • Amenities: Clubhouse,Fitness Center,Pool,Sauna,Spa/Hot Tub,Security
  • Baths: 1 full
  • Style: High Rise
  • Year Built: 2026
  • Garage: Valet
  • Heating: Central,Electric
  • Cooling: Central Air,Electric
  • Approx Sq. Feet: 443
  • View: Bay,Other
  • Elem. School: Douglas
  • Middle School: de Diego; Jose
  • High School: Washington; Brooker T
  • Pets Allowed: No
  • Appliances: Dryer,Dishwasher,Electric Range,Electric Water Heater,Ice Maker,Microwave,Refrigerator,Washer
  • MLS#: A11991689
  • Days on Market: 1 day
  • Website: https://www.raveis.com
    /prop/A11991689/121ne5st_miami_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MIAMI Association of REALTORS. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Listing courtesy of Cervera Real Estate Inc.   Phone: 305-373-3737

William Raveis Family of Services

Our family of companies partner in delivering quality services in a one-stop-shopping environment. Together, we integrate the most comprehensive real estate, mortgage and insurance services available to fulfill your specific real estate needs.

Customer Service

888.699.8876

Contact@raveis.com

Our family of companies offer our clients a new level of full-service real estate. We shall:

  • Market your home to realize a quick sale at the best possible price
  • Place up to 20+ photos of your home on our website, raveis.com
  • Provide frequent communication and tracking reports showing the Internet views your home received on raveis.com
  • Showcase your home on raveis.com with a larger and more prominent format
  • Give you the full resources and strength of William Raveis Real Estate, Mortgage & Insurance and our cutting-edge technology

To learn more about our credentials, visit raveis.com today.

Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

Our Executive Mortgage Banker:

  • Is available to meet with you in our office, your home or office, evenings or weekends
  • Offers you pre-approval in minutes!
  • Provides a guaranteed closing date that meets your needs
  • Has access to hundreds of loan programs, all at competitive rates
  • Is in constant contact with a full processing, underwriting, and closing staff to ensure an efficient transaction

Pedro DelgadilloInsurance Sales Director, William Raveis Insurance

305.922.5393

Pedro.Delgadillo@raveis.com

Our Insurance Division:

  • Will Provide a home insurance quote within 24 hours
  • Offers full-service coverage such as Homeowner's, Auto, Life, Renter's, Flood and Valuable Items
  • Partners with major insurance companies including Chubb, Kemper Unitrin, The Hartford, Progressive,
    Encompass, Travelers, Fireman's Fund, Middleoak Mutual, One Beacon and American Reliable

121 NE 5 ST, #3507, Miami, FL, 33132

$3,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $2,400 $2,400 $2,400
Term 360 months 360 months 180 months
Initial Interest Rate** 6.250% 6.490% 5.750%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.474% 6.640% 5.972%
Monthly Tax Payment N/A N/A N/A
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $15 $15 $20
Total Monthly Payment $90 $90 $95

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.