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501 First Residences

121 Ne 5 St, Miami, FL, 33132
$475K – $600K+
VALUE RANGE
3
FOR SALE

501 First Residences is a condominium in Miami.

Available Residences at 501 First Residences

1 Bedroom Condos · 2 units

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
2611$599,9001 / 271
2411$594,9001 / 2597$996101

Studios · 1 unit

UnitAsking PriceBed(s)/Bath(s)Living SizePrice/Sq.Ft.Days on Market
501B$475,0000 / 197

ANALYTICS

All analytics are based on closed sales from the last 36 months.

CURRENT INVENTORY

3
Active Listings
▲ 0% vs last month
Avg List Price
$557K
Avg Days on Market
90

INVENTORY BY BEDROOM

  • 0 Bed (1) 33%
  • 1 Bed (2) 67%

INVENTORY TREND (ALL UNITS)

320Jul '25Nov '25Mar '26
0
New Listings
last 3 months
Avg Sale $/SqFt
last 36 months
Months of Supply
0
Sold
last 12 months

Market & Community Report

As of June 28, 2026, 501 First Residences carries 3 active listings at an average asking price of $557K, with an average time on market of 90 days. Closed sales over the preceding 36 months averaged — per sq ft, and 0 transactions closed in the past 12 months — implying — months of supply against the current pace of absorption.

Zip code 33132 (Miami) is home to 18,244 residents with a median age of 34.5. Per-capita income stands at $76,436; 61.5% hold a bachelor's degree or higher. 27.8% of units are owner-occupied; 27.5% of residents work from home.

Data current as of June 28, 2026. Market metrics derived from MLS closed sales; community data from U.S. Census ACS.

Frequently Asked Questions — 501 First Residences

How many condos are for sale at 501 First Residences?

As of June 28, 2026, 3 residences are actively listed for sale at 501 First Residences ranging from $475K to $600K.

Where is 501 First Residences located?

501 First Residences is located at 121 Ne 5 St, Miami, FL, 33132.

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