Price Reduced 7.62%

$970,000 ($1,276.32 per sqft)

Est. Mortgage $4,715/mo *

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Price History

$1,050,000
6/8/2026

$970,000
6/24/2026

121 NE 5th Street, #2401, Miami, FL, 33132

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2 beds

2 Full baths

2025

760 sqft

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.

Status:

Active

Type:

Condo

Complex:

501 FIRST RESIDENCES CONDO

Garage:

1-car

Heating:

Central

Cooling:

Central Air

Levels:

Parking:

Valet

HOA Fee

$1,224 Monthly

Construction

CBS

View Description:

Other

Amenities:

Elevator(s), Other, Lobby

Boat Access:

Deeded Dock

Elementary School:

Frederick Douglass

Middle School:

Jose De Diego

High School:

Booker T. Washington

Days on Market:

Pet Policy:

Appliances:

Other

MLS #:

A12033053

Community Info

School Info

Walk Score

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Price History

121 NE 5th Street, #2401, Miami, FL, 33132

Community Info

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