$970,000
 $5,207 est/mo Sourced by Back At You

121 NE 5th Street 2401,Miami, FL 33132

Miami, FL 33132

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Description

Exceptional investment opportunity at 501 First Residences, a newly delivered luxury tower in the heart of Downtown Miami. This high-floor 2BR/2BA residence offers modern finishes, floor-to-ceiling impact glass, a private balcony with skyline views, and a turnkey layout ideal for income production. The building is designed for flexible short-term rentals, allowing daily or short stays, making it highly attractive for Airbnb -style income strategies. Strong demand from tourist, business travelers, and the Miami World center district supports consistent occupancy potential. Residents enjoy resort-style amenities including rooftop pool, fitness center, co-working spaces, concierge, and 24 hour security. Unbeatable location steps form Miami Worldcenter, Brightline, Kaseya Center, Bayfront Park, etc.

Details

MLS #A12033053
Listing TypeFor Sale
StyleCondominium
Building Name12
HOA Dues$1,224
Sub-TypeResale
StatusActive
Year2025
Days On Site92
Listing Provided ByBHHS EWM Realty | Marla Carolina Rivas

Features

Bed(s)2
Bath(s) 2 Total
SQ Feet760
Garage1
Story(s)40
Property ViewYes

Parking

Garage Yes / NoYes
Parking FeaturesValet

Taxes

Tax Annual Amount0

Location

Community FeaturesOther

Area Information

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2410
Community Name501 FIRST RESIDENCES CONDO
Listing VS Median (in 501 FIRST RESIDENCES CONDO)
Price:
$970,000
low | high
Med:
$449,000
100% of Average
sqft:
760
low | high
Med:
359
100% of Average
$ / sqft:
$1,276
low | high
Med:
$1,251
52.007294029808% of Average
On site:
92
low | high
Med:
28
100% of Average
Sourced by Back At You

Market Activity 33132

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Learn More About This Property

StateFL
CountyMiami Dade
CityMiami
Zip Code33132
Area2410
Community Name501 FIRST RESIDENCES CONDO
Listing VS Median (in 501 FIRST RESIDENCES CONDO)
Price:
$970,000
low | high
Med:
$449,000
100% of Average
sqft:
760
low | high
Med:
359
100% of Average
$ / sqft:
$1,276
low | high
Med:
$1,251
52.007294029808% of Average
On site:
92
low | high
Med:
28
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $727K - $1.212M
sqft: 570 - 950
Listing Updated: September 6, 2026 at 12:17:28 PM PDT