121 NE 5th ST, #2101, Miami, FL, 33132
2 beds
2 Full baths
2026
High Rise
835 sqft
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.
Status:
Active
Type:
Condo
Furnished Remarks:
Furnished
Complex:
501 First Residences
Garage:
1-car Detached, Garage, Valet
Heating:
Central
Cooling:
Central Air
Levels:
40
Common Charge:
$1,244 Monthly
HOA Fee
$1,244
View Description:
Bay,City,Water
Amenities:
Business Center, Clubhouse, Community Kitchen, Elevator(s), Fitness Center, Barbecue, Other, Picnic Area, Pool, Spa/Hot Tub
Days on Market:
59
Pet Allowed:
Yes
Pet Policy:
Dogs OK, Yes
Appliances:
Dryer, Dishwasher, Electric Range, Freezer, Disposal, Microwave, Refrigerator, Self Cleaning Oven
Pool:
Association, Heated
MLS #:
A11998848
Community Info
School Info
Walk Score
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