121 NE 5th Street 2101, Miami, FL 33132

Listing Snapshot

About This Home

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.

General Features

Property Type

Residential

Sub-type

Condominium

Stories

40

Attached Garage

No

Garage Spaces

1

Parking

Detached,Garage,Valet

Security

SecuritySystem,ClosedCircuitCameras,FireAlarm,FireSprinklerSystem,KeyCardEntry,SmokeDetectors,SecurityGuard

Subdivision

501 First Residences

Interior Features

Appliances

Dryer,Dishwasher,ElectricRange,FreeStandingFreezer,Disposal,Microwave,Oven,Refrigerator

Flooring

Tile

Heating

Central

Cooling

CentralAir

Interior Features

BedroomOnMainLevel,ClosetCabinetry,Elevator,MultipleEnSuiteBathrooms,SeparateShower

Furnished

Furnished

Exterior Features

Exterior Features

Balcony,Barbecue,OutdoorLivingArea

Patio / Porch

Open,Porch,Balcony

Pool

Yes

Pool Features

Private,Association,Heated

View

Bay,City,Water

Waterfront

No

Community Features

Community Features

HomeOwnersAssociation

Association Amenities

BusinessCenter,Clubhouse,CommunityKitchen,Elevators,FitnessCenter,MaintenanceGrounds,Other,PicnicArea,Pool,SpaHotTub

Association Dues

$1,244 / monthly

MLS Area

2410

Schools

Map

Virtual Tour