ActiveCondominium
121 NE 5th ST # 2101, Miami FL 33132
Miami, FL 33132 · MLS #A11998848The residence
About this property
Rare 2 Bed / 2 Bath at 501 First Residences, Downtown Miami's premier new tower. Perched on the 21st floor with a SE-facing balcony, this residence offers 760 sq ft per county records, with the developer's floor plan reflecting 835 sq ft interior + 180 sq ft balcony for 1,015 sq ft of total living area. Open-concept layout with floor-to-ceiling impact windows, custom Italian kitchen cabinetry, premium appliances, and in-unit washer/dryer. Primary bedroom features a full en-suite bath; second bedroom and additional full bath offer ideal flexibility for guests, roommates, or maximizing rental income. No rental restrictions — Airbnb allowed from day one. Delivered fully furnished and move-in ready. Enjoy 20,000+ sq ft of amenities: rooftop pool, hot tub, fitness center, 24/7 valet, co-working spaces, pet lounge, and media room — without condo-hotel restrictions. Steps from Miami Worldcenter, Brightline, Kaseya Center, and world-class dining. Minutes to Brickell, Wynwood, and MIA. The SE exposure frames iconic views of Biscayne Bay, PortMiami, and the Downtown skyline — among the most photogenic in the building. Unit is brand new and never occupied, offering true first-owner condition. With Downtown Miami's continued growth, strong short-term rental demand, and no income restrictions, this is a rare asset that works equally well as a primary residence, second home, or income-producing investment.
At a glance
Property details
- Property type
- Condominium
- Listing type
- For sale
- Status
- Active
- Bedrooms
- 2
- Bathrooms
- 2
- Living area
- 835 sq. ft.
- Year built
- 2026
- Lot size
- 0 sq. ft.
- Subdivision
- 501 First Residences
- County
- Miami-Dade County
- Days on market
- 166
- Original list price
- $995,000
- Listing date
- April 10, 2026
- Association fee
- $1,244 monthly
- Listing agent
- Tomas Furman
- Listing office
- FL Prime LLC
- MLS number
- A11998848
Neighborhood & location
Explore 501 First Residences
Review nearby homes, local services, commute routes, schools, flood information, and community rules as part of your due diligence. Neighborhood information can change and should be verified with the appropriate local authority.
Schools
School information
- School district
- Miami-Dade County Public Schools
Plan your purchase
Mortgage calculator
- Principal & interest
- $5,031
- Property taxes
- $0
- Homeowners insurance
- $498
- HOA
- $1,244
- Estimated total
- $6,773
Estimate only. Taxes, insurance, association fees, PMI, interest rate, and lender terms vary. Confirm the actual payment and closing costs with a licensed mortgage professional. Review Florida mortgage and pre-approval guidance.
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Listing courtesy of FL Prime LLC, 786-232-3640.
Data provided by MIAMI Association of REALTORS®. Information is deemed reliable but is not guaranteed accurate by the MLS and should be independently verified. Property availability, price, and details are subject to change without notice.