121 NE 5th ST #2101, Miami, FL 33132
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121 NE 5th ST #2101, Miami, FL 33132
121 NE 5th ST #2101, Miami, FL 33132
121 NE 5th ST #2101, Miami, FL 33132
121 NE 5th ST #2101, Miami, FL 33132
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$ 995,000
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121 NE 5th ST #2101 Miami, FL 33132

2 Beds

2 Baths

835 SqFt


UPDATED:

Key Details

Property Type Condo

Sub Type Condominium

Listing Status Active

Purchase Type For Sale

Square Footage 835 sqft

Price per Sqft $1,191

Subdivision 501 First Residences

MLS Listing ID A11998848

Style High Rise

Bedrooms 2

Full Baths 2

HOA Fees $1,244/mo

HOA Y/N Yes

Min Days of Lease 1

Leases Per Year 365

Year Built 2026

Tax Year 2025

Property Sub-Type Condominium

Property Description

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.

Location

State FL

County Miami-dade

Community 501 First Residences

Area 41

Interior

Interior Features Bedroom on Main Level, Closet Cabinetry, Elevator

Heating Central

Cooling Central Air

Flooring Tile

Furnishings Furnished

Window Features Impact Glass

Appliance Dryer, Dishwasher, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Self Cleaning Oven

Exterior

Exterior Feature Balcony, Barbecue, Security/High Impact Doors, Porch

Parking Features Detached

Garage Spaces 1.0

Pool Association, Heated

Amenities Available Business Center, Clubhouse, Community Kitchen, Elevator(s), Fitness Center, Barbecue, Other, Picnic Area, Pool, Spa/Hot Tub

View Y/N Yes

View Bay, City, Water

Porch Balcony, Open, Porch

Garage Yes

Private Pool Yes

Building

Architectural Style High Rise

New Construction true

Others

Pets Allowed Dogs OK, Yes

HOA Fee Include Amenities

Senior Community No

Restrictions Daily Rentals Allowed,OK To Lease

Tax ID 01-41-01-008-0520

Security Features Closed Circuit Camera(s),Fire Alarm,Key Card Entry,Lobby Secured,Security Guard,Fire Sprinkler System,Smoke Detector(s)

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

Pets Allowed Dogs OK, Yes

Virtual Tour https://www.zillow.com/view-3d-home/ac0acbb9-2bd8-4f0a-9183-b3c7d1e3a4b0?setAttribution=mls&wl=true


Miami Association of Realtors (SEFMIAMI MLS)
Listed by FL Prime LLC

NEARBY SCHOOLS & PROPERTIES

Laurelie Lecussan

Laurelie Lecussan

Global Real Estate Advisor, CIPS|ABR|SRS | License ID: 3265641

+1(786) 712-8081

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121 NE 5th ST #2101