$995,000
 $5,341 est/mo Sourced by Back At You

121 NE 5th St 2101,Miami, FL 33132

Miami, FL 33132

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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.

Details

MLS #A11998848
Listing TypeFor Sale
StyleCondominium
HOA Dues$1,244
Sub-TypeNew Construction
StatusActive
Year2026
Days On Site142
Listing Provided ByFL Prime LLC | Tomas Furman

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet835
Garage1
PoolYes
Story(s)40
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesDetached, Garage, Valet

Taxes

Tax Annual Amount0

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area41
Community Name501 First Residences
Listing VS Median (in 501 First Residences)
Price:
$995,000
low | high
Med:
$522,500
97.48743718593% of Average
sqft:
835
low | high
Med:
475
93.173652694611% of Average
$ / sqft:
$1,192
low | high
Med:
$1,191
50.036165731814% of Average
On site:
142
low | high
Med:
100
100% of Average
Sourced by Back At You

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area41
Community Name501 First Residences
Listing VS Median (in 501 First Residences)
Price:
$995,000
low | high
Med:
$522,500
97.48743718593% of Average
sqft:
835
low | high
Med:
475
93.173652694611% of Average
$ / sqft:
$1,192
low | high
Med:
$1,191
50.036165731814% of Average
On site:
142
low | high
Med:
100
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $746K - $1.243M
sqft: 626 - 1,000
Listing Updated: July 10, 2026 at 12:59:32 PM PDT