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.
- Swimming Pool
- Heating System
- Cooling System
- View
- Pet Allowed:
- Yes, Dogs Ok
- Security
- Patio:
- Porch, Balcony, Open
- Furnished
- Appliances
- Architectural Style
- Association Amenities
- Parking Features
- State:
- FL
- County:
- Miami-Dade
- City:
- Miami
- Zipcode:
- 33132
- Street:
- 121 Ne 5th St 2101, Miami, Florida 33132
- Longitude:
- W81° 48' 30''
- Latitude:
- N25° 46' 45.3''
- Association Fee:
- $1,244
- Association Fee Frequency:
- Monthly
- Bathrooms Total:
- 2
- Cumulative DOM:
- 6
- DOM:
- 6
- Development Status:
- New Construction
- Exterior Features
- Flooring:
- Tile
- Garage Spaces:
- 1
- Interior Features
- Internet Address Display:
- 1
- Internet Listing Display:
- 1
- Listing Terms:
- Cash, Conventional, FHA
- New Construction:
- 1
- Parcel Number:
- 01-41-01-008-0520
- Stories Total:
- 40
- Subdivision Name:
- 501 First Residences
- Tax Year:
- 2025
- Virtual Tour:
- Click Here
- Window Features:
- Impact Glass
Residential For Sale
121 Ne 5th St 2101, Miami, Florida 33132, Miami, Florida 33132
- Property Type :
- Residential
- Listing Type :
- For Sale
- Price :
- $995,000
- Bedrooms :
- 2
- Bathrooms :
- 2
- Square Footage :
- 835 Sqft
- Year Built :
- 2026
- MLS # :
- A11998848
- Property Sub Type :
- Condominium
