121 NE 5th Street Unit 2101, Miami, FL 33132

$995,000
2
BD
2
BA
835
SqFt

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List Price
$995,000
Days on Market
118
MLS#
A11998848
Bedrooms
2
Full Bathrooms
2
Sq. Ft
835
Subtype
Condominium
County
Miami-Dade
Subdivision
501 First Residences
Year Built
2026

Property Description

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.

Additional Information

Garage Spaces
1
Hoa
Yes
Hoa Amount
1244
Pets Allowed
Dogs OK, Yes
Cooling
Central Air
Flooring
Tile
Furnished
Furnished
Heating
Central
Security
Security System, Closed Circuit Camera(s), Fire Alarm, Fire Sprinkler System, Key Card Entry, Smoke Detector(s), Security Guard
View
Bay, City, Water
Private Pool
Yes
Amenities
Business Center, Clubhouse, Community Kitchen, Elevator(s), Fitness Center, Home Owners Association, Maintenance Grounds, Other, Picnic Area, Pool, Spa/Hot Tub
Stories
40
Price Per Sqft
$1,191
Elementary School
Frederick Douglass
Middle School
Jose De Diego
High School
Booker T. Washington

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Listing courtesy of FL Prime LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Tomas Furman | Email: TomasnFurman@Gmail.com