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Homes for sale in Miami
Condominium

121 NE 5th ST # 2101

Miami, FL 33132
$995,000
Beds
2
Baths
2
Sq ft
835
Year built
2026
Price per sq ft
$1,192

Listing courtesy of Tomas Furman, FL Prime LLC

About this home

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

Property

Type
Condominium
Style
High Rise
Building
Condo 5+ Stories
Year built
2026
Stories
40
Building name
501 First Residences
Subdivision
501 First Residences
County
Miami-Dade County
View
Bay, Skyline, Water View

Interior

Appliances
Dishwasher, Disposal, Dryer, Electric Range, Microwave, Refrigerator, Self Cleaning Oven, Free-Standing Freezer
Flooring
Tile
Cooling
Central Air
Heating
Central
Features
Closet Cabinetry, Fire Sprinklers
Furnished
Furnished

Exterior and parking

Exterior
Barbeque, Open Balcony
Patio and porch
Open Balcony, Open Porch
Parking
Valet
Garage spaces
1

Community and fees

Association fee
$1,244 monthly
Amenities
Barbecue, Business Center, Community Room, Elevator(s), Exercise Room, Heated Pool, Kitchen Facilities, Pool, Private Pool, Spa/Hot Tub
Maintenance includes
All Amenities
Security
Fire Sprinklers, Fire Alarm, Smoke Detector, Card Entry, Guard At Site, Lobby Secured, Security Patrol, TV Camera
Pets
Dogs OK
Terms
All Cash, Conventional, FHA
Minimum lease (days)
1

Neighborhood

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The data relating to real estate for sale or lease on this website comes in part from the Internet Data Exchange (IDX) program of MIAMI REALTORS® MLS. Listings are provided by participating brokers.

Information is deemed reliable but is not guaranteed and should be independently verified. It is subject to change and is provided for consumers’ personal, non-commercial use only, to identify properties they may be interested in. Listing last updated October 2, 2026.