Condominium

121 NE 5th St # 2401

Miami, FL 33132

$970,000

Beds: 2
Baths: 2
Sq ft: 760
Year built: 2025
Price per sq ft: $1,276

Listing courtesy of Marla Rivas, BHHS EWM Realty

About this home

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

Property

Type: Condominium
Style: High Rise
Building: Condo 5+ Stories
Year built: 2025
Stories: 40
Building name: 501 FIRST RESIDENCES COND
Subdivision: 501 FIRST RESIDENCES CONDO
County: Miami-Dade County
View: Other View

Interior

Appliances: Other Equipment/Appliances
Cooling: Central Air
Heating: Central
Features: Lobby, Elevator

Exterior and parking

Parking: Valet, Limited # Of Vehicle
Garage spaces: 1
Construction: CBS Construction

Community and fees

Association fee: $1,224 monthly
Amenities: Elevator(s)
Maintenance includes: Other Maintenance Includes
Security: Elevator Secure, Guard At Site, Lobby Secured
Pets: No
Terms: All Cash, Assumable
Minimum lease (days): 365

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 August 26, 2026.